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      <div style="text-align: left; line-height: 12pt; font-family: 'Times New Roman';">As filed with the Securities and Exchange Commission on April 16, 2021&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; Registration No. 333-</div>
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    <div style="text-align: center; line-height: 15.95pt; font-family: 'Times New Roman'; font-size: 14pt; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; line-height: 15.95pt; font-family: 'Times New Roman'; font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; line-height: 15.95pt; font-family: 'Times New Roman'; font-size: 14pt; font-weight: bold;">WASHINGTON, D.C. 20549</div>
    <div style="text-align: center; line-height: 15.95pt; margin-bottom: 2pt; font-family: 'Times New Roman'; font-size: 14pt; font-weight: bold;">FORM&#160;S-1</div>
    <div style="text-align: center; line-height: 15.95pt; margin-bottom: 2pt; font-family: 'Times New Roman'; font-size: 14pt; font-weight: bold;">REGISTRATION STATEMENT</div>
    <div style="text-align: center; line-height: 12.55pt; font-family: 'Times New Roman'; font-size: 11pt;">UNDER THE SECURITIES ACT OF 1933</div>
    <div style="text-align: center; line-height: 12pt; font-family: 'Times New Roman'; font-size: 14pt; font-weight: bold;">Allianz Life Insurance Company of North America</div>
    <div style="text-align: center; line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';">(Exact name of Registrant as specified in its charter)</div>
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            <div style="text-align: center; line-height: 11.4pt; font-family: 'Arial Narrow'; font-weight: bold;">Minnesota</div>
            <div style="text-align: center; line-height: 9.1pt; font-family: 'Arial Narrow'; font-size: 8pt;">(State or other jurisdiction of</div>
            <div style="text-align: center; line-height: 9.1pt; font-family: 'Arial Narrow'; font-size: 8pt;">incorporation or organization)</div>
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            <div style="text-align: center; line-height: 11.4pt; font-family: 'Arial Narrow'; font-weight: bold;">6311</div>
            <div style="text-align: center; line-height: 9.1pt; font-family: 'Arial Narrow'; font-size: 8pt;">(Primary Standard Industrial</div>
            <div style="text-align: center; line-height: 9.1pt; font-family: 'Arial Narrow'; font-size: 8pt;">Classification Code Number)</div>
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            <div style="text-align: center; line-height: 11.4pt; font-family: 'Arial Narrow'; font-weight: bold;">41-1366075</div>
            <div style="text-align: center; line-height: 9.1pt; font-family: 'Arial Narrow'; font-size: 8pt;">(I.R.S. Employer</div>
            <div style="text-align: center; line-height: 9.1pt; font-family: 'Arial Narrow'; font-size: 8pt;">Identification No.)</div>
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    <div style="text-align: center; line-height: 12pt; margin-top: 6pt; font-family: 'Times New Roman';">5701 Golden Hills Drive</div>
    <div style="text-align: center; line-height: 12pt; font-family: 'Times New Roman';">Minneapolis, MN 55416</div>
    <div style="text-align: center; line-height: 12pt; font-family: 'Times New Roman';">(800) 950-5872</div>
    <div style="text-align: left; line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';">(Address, including zip code, and telephone number, including area code, of Registrant&#8217;s principal executive offices)</div>
    <div style="text-align: center; line-height: 12pt; font-family: 'Times New Roman';">Stewart D. Gregg, Esq.</div>
    <div style="text-align: center; line-height: 12pt; font-family: 'Times New Roman';">Allianz Life Insurance Company of North America</div>
    <div style="text-align: center; line-height: 12pt; font-family: 'Times New Roman';">5701 Golden Hills Drive</div>
    <div style="text-align: center; line-height: 12pt; font-family: 'Times New Roman';">Minneapolis, MN 55416</div>
    <div style="text-align: center; line-height: 12pt; font-family: 'Times New Roman';">(763) 765-2913</div>
    <div style="text-align: center; line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';">(Name, address, including zip code, and telephone number, including area code, of agent for service)</div>
    <div style="text-align: left; line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';"><font style="font-weight: bold;">Approximate date of commencement of proposed sale to the public:</font><br>
      As soon as practicable after this registration statement becomes effective.</div>
    <div style="text-align: left; line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';">If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities
      Act of 1933, check the following box. [X]</div>
    <div style="text-align: left; line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting
      company. See the definitions of &#8220;large accelerated filer,&#8221; &#8220;accelerated filer&#8221; and &#8220;smaller reporting company&#8221; in Rule 12b-2 of the Exchange Act.</div>
    <div style="text-align: left; line-height: 12pt;"><font style="font-family: 'Times New Roman';">Large accelerated filer</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.14pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-family: 'Times New Roman';">[&#160;&#160; ]<font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.14pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>Accelerated filer<font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.14pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>[&#160;&#160; ]</font></div>
    <div style="text-align: left; line-height: 12pt;"><font style="font-family: 'Times New Roman';">Non-accelerated filer</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.14pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman';">[X]<font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.14pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>Smaller reporting company&#160;&#160; [&#160;&#160; ]</font></div>
    <div style="text-align: left; line-height: 12pt; margin-bottom: 12pt; font-family: 'Times New Roman';">(Do not check if a smaller reporting company)</div>
    <table cellspacing="0" cellpadding="0" id="z423a9962740848cfa252925f3f0e0549" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

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            <div style="text-align: center; line-height: 10pt; font-family: 'Arial Narrow'; font-size: 8pt; font-weight: bold;">Calculation of Registration Fee</div>
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            <div style="text-align: center; line-height: 10pt; font-family: 'Arial Narrow'; font-size: 8pt; font-weight: bold;">Title of each class of securities<br>
              to be registered</div>
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            <div style="text-align: center; line-height: 10pt; font-family: 'Arial Narrow'; font-size: 8pt; font-weight: bold;">Amount to<br>
              be registered pursant to this Registration Statement</div>
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            <div style="text-align: center; line-height: 10pt; font-family: 'Arial Narrow'; font-size: 8pt; font-weight: bold;">Proposed maximum offering price per unit</div>
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          <td style="width: 18.1%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="text-align: center; line-height: 10pt; font-family: 'Arial Narrow'; font-size: 8pt; font-weight: bold;">Proposed&#160; maximum aggregate offering price including previously registered securities</div>
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            <div style="text-align: center; line-height: 10pt; font-family: 'Arial Narrow'; font-size: 8pt; font-weight: bold;">Amount of aggregate<br>
              registration fee, including fee paid for previously registered securities</div>
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            <div style="text-align: center; line-height: 10pt; font-family: 'Arial Narrow'; font-size: 9pt;">Individual Flexible Purchase Payment</div>
            <div style="text-align: center; line-height: 10pt; font-family: 'Arial Narrow'; font-size: 9pt;">Index-Linked Deferred&#160; Annuity Contract</div>
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          <td style="width: 15.76%; vertical-align: middle; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="text-align: center; line-height: 10pt; color: #000000; font-family: 'Arial Narrow'; font-size: 9pt;">$4,000,000,000<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
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            <div style="text-align: center; line-height: 10pt; font-family: 'Arial Narrow'; font-size: 9pt;"><font style="color: #000000;">NA</font><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup></div>
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          <td style="width: 18.1%; vertical-align: middle; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="text-align: center; line-height: 10pt; color: #000000; font-family: 'Arial Narrow'; font-size: 9pt;">$8,070,000,000<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup></div>
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          <td style="width: 20.81%; vertical-align: middle; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="text-align: center; line-height: 10pt; color: #000000; font-family: 'Arial Narrow'; font-size: 9pt;">$951,958.50<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup></div>
          </td>
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    <div style="text-align: left; text-indent: -14.4pt; margin-left: 14.4pt; line-height: 10pt; margin-top: 6pt; margin-bottom: 6pt; font-family: 'Times New Roman'; font-size: 8pt;">(1)&#160; This amount is in addition to the $1,000,000 previously registered
      with the initial registration on Form S-1, filed on February 1, 2018, $1,500,000,000 previously registered on May 7, 2018, $570,000,000 registered on April 16, 2019, and $2,000,000,000 registered on April 9, 2020 by the Registrant under the
      Registration Statement on Form S-1 (File Nos. 333-222817, 333-230901, and 333-237628) initially declared effective on May 9, 2018, April 29, 2019, and April 1, 2020 (the &#8220;Prior Registration Statements&#8221;).&#160; Pursuant to Rule 415(a)(6)<font style="color: #FF0000;">&#160;</font>under the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;), all unsold securities from the Prior Registration Statement will be added to this Registration Statement and the offering of&#160; securities under the Prior
      Registration Statement will be deemed terminated as of the date of effectiveness of this Registration Statement. As of December 31, 2020 there were $893,723,151 of unsold shares registered pursuant to the Prior Registration Statement.</div>
    <div style="text-align: left; text-indent: -14.4pt; margin-left: 14.4pt; line-height: 10pt; margin-bottom: 1pt; font-family: 'Times New Roman'; font-size: 8pt;">(2) The proposed maximum offering price per unit is not applicable since these securities
      are not issued in predetermined amounts or units.</div>
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    <div style="line-height: 9.1pt;"><br style="line-height: 9.1pt;">
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    <div style="text-align: left; text-indent: -14.4pt; margin-left: 14.4pt; line-height: 10pt; margin-bottom: 1pt; font-family: 'Times New Roman'; font-size: 8pt;">(3)&#160; The Registrant previously paid a registration fee in the amounts of $124.50, $186,750,
      $69,084, and $259,600 with respect to the securities registered pursuant to the Prior Registration Statement. Securities registered pursuant to the Prior Registration Statement that are unsold as of the effective date of this Registration Statement
      will be included in this Registration Statement pursuant to Rule 415(a)(6)<font style="color: #FF0000;">&#160;</font>as of the effective date. The previously paid fee will continue to be applied to such unsold shares, which the Registrant may continue to
      offer and sell. A filing fee of $436,400 is paid herewith in connection with the new amount registered hereunder.</div>
    <div style="text-align: left; line-height: 12pt; margin-top: 6pt; margin-bottom: 6pt; font-family: 'Times New Roman';">The Registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until
      the Registrant shall file a further amendment which specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until the registration statement shall become
      effective on such date as the Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine.</div>
    <div style="text-align: left; line-height: 11.4pt;"><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.02pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><br style="line-height: 11.4pt;">
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    <div style="text-align: left; line-height: 11.4pt; font-family: 'Times New Roman';">Pursuant to Rule 429, the prospectus filed herewith is combined with the prospectus from the Prior Registration Statement (File Nos. 333-222817, 333-230901, and
      333-237628).</div>
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    <div style="line-height: 12pt; margin-top: 6pt; margin-bottom: 6pt;"><br style="line-height: 12pt;">
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    <div style="text-align: center; line-height: 11.4pt; margin-top: 6pt; margin-bottom: 6pt; font-family: Arial;">PART I &#8211; PROSPECTUS</div>
    <div style="text-align: left; line-height: 11.4pt;"> <br>
    </div>
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          <div style="color:#000000;font-family:Arial;font-size:11pt;font-style:Normal;font-weight:bold;line-height:13pt;text-align:center;text-decoration:none;text-transform:uppercase;">ALLIANZ Index Advantage Income<sup style="font-style: Normal; text-transform: uppercase; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> VARIABLE ANNUITY CONTRACT</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 4pt; text-align: center; text-decoration: none; text-transform: none;">An individual flexible purchase payment
            index-linked and variable deferred annuity contract <font style="font-weight:bold;">(the Contract)</font></div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: Normal; line-height: 12pt; text-align: center; text-decoration: none; text-transform: none;">Issued by Allianz Life<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Account B <font style="font-weight:bold;">(the Separate Account)</font> and</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: Normal; line-height: 12pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Life Insurance Company of North America <font style="font-weight:bold;">(Allianz Life, we, us, our)</font></div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 4pt; text-align: center; text-decoration: none; text-transform: none;">Prospectus Dated: April 30, 2021</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.99%;" id="z92e70599b8c043e7817b20a99490d8a3">

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                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt; padding-right:4pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:32.79%;">Standard Annuity Features </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt; padding-right:4pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:33.61%;">Available Investment Options </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:33.61%;">Additional Features </td>
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                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:11pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:32.79%;">&#8226;&#8194;Five fixed annuitization options <font style="font-weight:bold;">(Annuity Options)</font>&#8226;&#8194;Free withdrawal
                    privilege during the six-year withdrawal charge period&#8226;&#8194;Systematic withdrawal program&#8226;&#8194;Minimum distribution program for certain tax-qualified Contracts&#8226;&#8194;Waiver of withdrawal charge benefit (not available in all states)&#8226;&#8194;Guaranteed death
                    benefit<br>
                    <font style="font-weight:bold;">(Traditional Death Benefit)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:11pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:33.61%;">&#8226;&#8194; 31 index-linked investment options <font style="font-weight:bold;">(Index Options)</font> based on
                    different combinations of five credit calculation methods <font style="font-weight:bold;">(Crediting Methods),</font> four nationally recognized third-party broad based equity securities indexes and an exchange-traded fund <font style="font-weight:bold;">(Index or Indexes)</font>, and three time periods for measuring Index performance <font style="font-weight:bold;">(Term)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:12pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-indent:-8pt;text-transform:none;vertical-align:top;width:33.61%;">&#8226;&#8194;Income Benefit:<br>
                    <font style="font-weight:Normal;">Provides guaranteed lifetime income </font>(Income Payments)<font style="font-weight:Normal;"> based on a percentage of your investment value that can begin as early as age 50, or as late as age
                      100.This benefit is automatically included in the Contract, can be removed after three years, and has an additional rider fee. </font><font style="font-style:italic;">If you remove the Income Benefit you will have paid for the
                      benefit without receiving any of its advantages.</font>&#8226;&#8194;Maximum Anniversary Value Death Benefit:<br>
                    <font style="font-weight:Normal;">Locks in any annual investment gains to potentially provide a death benefit greater than the Traditional Death Benefit. This optional benefit must be selected at issue, cannot be removed, and has an
                      additional rider fee.</font> </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:100%;" colspan="3">The risk of loss can become greater in the case of an early withdrawal due to withdrawal charges. Withdrawals will
                    be subject to federal and state taxation, and withdrawals taken before age 59<sup style="font-style: italic; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8202;1</sup>&#8260;<font style="font-size:6pt;line-height:8pt;">2</font> may
                    also be subject to a 10% additional federal tax. <font style="font-weight:Normal;">If this is a Non-Qualified Contract, a withdrawal will be taxable to the extent that gain exists within the Contract. A </font>Non-Qualified Contract<font style="font-weight:Normal;"> is a Contract that is not purchased under a pension or retirement plan that qualifies for special tax treatment under sections of the Internal Revenue Code </font>(the Code)<font style="font-weight:Normal;">.</font> </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: Normal; line-height: 13pt; text-align: center; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.18%;" id="zd74e2bae303e4472bff03dcc094aafd6">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt; padding-right:4pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:55.26%;">Crediting Methods Currently Available<br>
                    <font style="font-size:8pt;font-weight:Normal;line-height:10pt;">Only the Index Performance Strategy offers 1-year, 3-year, and 6-year Terms.<br>
                      All other Crediting Methods only offer 1-year Terms.</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt; padding-right:4pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:23.92%;">Indexes Currently<br>
                    Available with<br>
                    1-year Terms </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:20.82%;">Indexes Currently<br>
                    Available with<br>
                    3-year and 6-year Terms<br>
                    (Index Performance Strategy only) </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:11pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:55.26%;">&#8226;&#8194;Index Protection Strategy with Declared Protection Strategy Credit <font style="font-weight:Normal;">(the
                    </font>DPSC<font style="font-weight:Normal;"> is the return you receive if Index performance is zero or positive)<br>
                    </font>&#8226;&#8194;Index Protection Strategy with Cap<br>
                    &#8226;&#8194;Index Precision Strategy <font style="font-weight:Normal;">(only available before Income Payments begin)<br>
                    </font>&#8226;&#8194;Index Guard Strategy <font style="font-weight:Normal;">(only available before Income Payments begin)<br>
                    </font>&#8226;&#8194;Index Performance Strategy <font style="font-weight:Normal;">(only available before Income Payments begin)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:23.92%;">&#8226;&#8194;S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index<br>
                    &#8226;&#8194;Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index<br>
                    &#8226;&#8194;Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index<br>
                    &#8226;&#8194;EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup><br>
                    &#8226;&#8194;iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI Emerging Markets ETF </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:20.82%;">&#8226;&#8194;S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index<br>
                    &#8226;&#8194;Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:100%;" colspan="3">Crediting Methods, Indexes, and the 3-year and 6-year Terms may not be available in all states, or to Contracts
                    issued before April 30, 2021, as detailed in Appendix H. </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:72pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;1&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <!--PAGE BREAK-->
      <div style="width:100%;">
        <div style="width:100%;" type="Block">
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.99%;" id="z189378e3a34c410581d24796cc6c824b">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="3">Crediting Method Highlights<br>
                    <font style="font-size:8pt;font-weight:Normal;line-height:10pt;">All Crediting Methods provide a level of protection against negative Credits from negative Index performance, and a limit on positive Credits from positive Index
                      performance. </font><font style="font-size:8pt;line-height:10pt;">Credits</font><font style="font-size:8pt;font-weight:Normal;line-height:10pt;"> are the return you receive from the Index Options.</font> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:10pt;padding-bottom:1.75pt;padding-right:4pt;padding-top:1.75pt;text-align:center;vertical-align:bottom;width:18.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt; padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:41.00%;">Negative Index Performance Protection </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:41.00%;">Positive Index Performance Participation Limit </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:18.00%;">Index Protection<br>
                    Strategy with DPSC </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">&#8226;&#8194;<font style="font-weight:bold;">100%<br>
                    </font>&#8211;&#8194; You will never receive a negative Credit </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">&#8226;&#8194;<font style="font-weight:bold;">Declared Protection Strategy Credits (DPSCs)<br>
                    </font>&#8211;&#8194; DPSCs cannot be less than 0.50% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:18.00%;">Index Protection<br>
                    Strategy with Cap </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">&#8226;&#8194;<font style="font-weight:bold;">100%<br>
                    </font>&#8211;&#8194; You will never receive a negative Credit </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:11pt;padding-right:4pt;padding-top:1.75pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:41.00%;">&#8226;&#8194;<font style="font-weight:bold;">Caps<br>
                    </font>(the <font style="font-weight:bold;">upper limit</font> on positive Index performance)<br>
                    &#8211;&#8194; Caps cannot be less than 0.50% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:18.00%;">Index Precision<br>
                    Strategy </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:11pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:41.00%;">&#8226;&#8194;<font style="font-weight:bold;">Buffers</font> (the amount of negative Index performance we absorb over the
                    duration of a Term)<br>
                    &#8211;&#8194; Buffers cannot be less than 5% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:11pt;padding-right:4pt;padding-top:1.75pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:41.00%;">&#8226;&#8194;<font style="font-weight:bold;">Precision</font> <font style="font-weight:bold;">Rates<br>
                    </font>(the return you receive if Index performance is zero or positive)<br>
                    &#8211;&#8194; Precision Rates cannot be less than 3% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:18.00%;">Index Guard<br>
                    Strategy </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:11pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:41.00%;">&#8226;&#8194;<font style="font-weight:bold;">Floors</font> (the <font style="font-weight:bold;">maximum</font> amount
                    of negative Index performance you absorb)<br>
                    &#8211;&#8194; Floors cannot be less than -25% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">&#8226;&#8194;<font style="font-weight:bold;">Caps<br>
                    </font>&#8211;&#8194; Caps cannot be less than 3% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:18.00%;" rowspan="3">Index Performance Strategy </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;" rowspan="3">&#8226;&#8194;<font style="font-weight:bold;">Buffers<br>
                    </font>&#8211;&#8194; Buffers cannot be less than 5% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">&#8226;&#8194;<font style="font-weight:bold;">1-year Term: Caps<br>
                    </font>&#8211;&#8194; Caps cannot be less than 3% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:11pt;padding-right:4pt;padding-top:1.75pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:41.00%;">&#8226;&#8194;<font style="font-weight:bold;">3-year Term: Caps<br>
                    </font><font style="font-size:8pt;line-height:10pt;">(available&#160;to Contracts issued before April 30, 2021)<br>
                    </font>&#8211;&#8194; Caps cannot be less than 5%<br>
                    &#8211;&#8194; Can be uncapped </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:11pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:41.00%;">&#8226;&#8194;<font style="font-weight:bold;"> 3-year and 6-year Terms: Caps and Participation Rates<br>
                    </font>(a percentage of Index performance)<br>
                    <font style="font-size:8pt;line-height:10pt;">(available&#160;to Contracts issued on or after April 30, 2021)<br>
                    </font>&#8211;&#8194; Caps for 3-year Terms cannot be less than 5%<br>
                    &#8211;&#8194; Caps for 6-year Terms cannot be less than 10%<br>
                    &#8211;&#8194; Both 3-year and 6-year Terms can be &#8220;uncapped&#8221; (i.e., we do not declare a Cap for that Term)<br>
                    &#8211;&#8194; Participation Rates cannot be less than 100% </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The Contract&#8217;s risks are described in Risk Factors on page 28 of
            this prospectus.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:48.11%;" id="ze03abfa4e3bc42e6bae0c10f1f36aee9">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;">Variable Investment Option &#8211; <font style="font-weight:Normal;">AZL<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                      Government Money Market Fund</font> </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">You can allocate the money you put into the Contract <font style="font-weight:bold;">(Purchase Payments)</font> to any or all of the available Index Options. However, you cannot allocate Purchase Payments to the AZL Government Money Market Fund. The sole purpose of the AZL Government Money Market
            Fund is to hold Purchase Payments until they are transferred to the Index Options on the Index Effective Date or the next Index Anniversary. You may also reallocate and transfer Contract Value among the Index Options subject to certain
            restrictions described in this prospectus. Your <font style="font-weight:bold;">Contract Value</font> is the value of your Purchase Payments based on the returns of your selected Index Options and the AZL Government Money Market Fund reduced
            for Contract fees, expenses and withdrawals.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The Index Options provide Credits calculated by us based on the
            performance of one or more Indexes over a Term<font style="font-weight:bold;"> </font>as measured by the Index Return and the applicable Buffer, Floor, Precision Rate, Cap, and/or Participation Rate. The&#160;<font style="font-weight:bold;">Participation
              Rate</font>&#160;may allow you to receive more than the Index Return if the Index Return is positive. We do <font style="font-weight:bold;text-decoration:underline;">not</font> apply the Participation Rate if the Index Return is zero or
            negative.&#160;Only the Index Performance Strategy 3-year and 6-year Terms available to Contracts issued&#160;on or after April 30, 2021 include a Participation Rate. The <font style="font-weight:bold;">Index Return</font> is the percentage change in
            Index value from the Term Start Date to the Term End Date. The <font style="font-weight:bold;">Term Start Date</font> is the date on which a Term begins and we set the DPSCs, Precision Rates, Caps, and Participation Rates for an Index Option;
            this can occur on either the Index Effective Date or an Index Anniversary. The <font style="font-weight:bold;">Term End Date</font> is the date on which a Term ends and we apply Credits; this can only occur on an Index Anniversary. The <font style="font-weight:bold;">Index Effective Date</font> is the first day we allocate assets to an Index Option. An <font style="font-weight:bold;">Index Anniversary</font> is a twelve-month anniversary of the Index Effective Date. <font style="font-weight:bold;">Because we calculate Index Returns only on a single date in time, you may experience negative or flat performance even though the Index you selected for a given Crediting Method experienced gains through some, or
              most, of the Term.</font></div>
        </div>
        <div style="margin-top:6pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;2&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;">
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Credits may be positive, negative, or equal to zero, depending on
            the applicable Crediting Method and the performance of the applicable Index. <font style="font-weight:bold;">The Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy allow negative Performance Credits.</font> <font style="font-style:italic;font-weight:bold;">A negative Performance Credit means you can lose principal and previous earnings.</font> <font style="font-style:italic;font-weight:bold;">These losses could be significant. </font>A <font style="font-weight:bold;">Performance Credit </font>is the Credit you receive on a Term End Date&#160;for any Index Option with the Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">DPSCs, Precision Rates, Caps, and Participation Rates that we use
            to determine Credits for a Contract can change on each Term Start Date <font style="font-style:italic;font-weight:bold;">and may vary substantially based on market conditions. However, in extreme market environments, it is possible that all
              DPSCs, Precision Rates, Caps, and Participation Rates will be reduced to their respective minimums of 0.50%, 3%, 5%, 10%, or 100% as stated above.</font> Buffers and Floors that we use to determine Credits for a Contract do not change once
            they are established. The Crediting Methods are described in greater detail in the Summary, and in section 5, Valuing Your Contract &#8211; Calculating Credits. The Indexes are described in Appendix A. For historical information on the Buffers,
            Floors, DPSCs, Precision Rates, Caps, and Participation Rates, see Appendix C. For historical Index Option performance information, see Appendix D.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The value of Purchase Payments held in the AZL Government Money
            Market Fund <font style="font-weight:bold;">(Variable Account Value)</font> increase and decrease based on the AZL Government Money Market Fund&#8217;s performance. The Separate Account holds the shares of the AZL Government Money Market Fund
            subaccounts that underlie the Contract. <font style="font-style:italic;font-weight:bold;">The AZL Government Money Market Fund does not provide any protection against loss of principal.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Index-linked and variable annuity contracts are complex insurance
            and investment vehicles.<font style="font-weight:Normal;"> Before you invest, be sure to ask your </font>Financial Professional<font style="font-weight:Normal;"> (the person who advises you regarding the Contract) about the Contract&#8217;s
              features, benefits, risks, fees and expenses, whether the Contract is appropriate for you based upon your financial situation and objectives, and for a specific recommendation to purchase the Contract. The Contract may be available through
              third-party financial advisers who charge a financial adviser fee for their services. If you choose to pay financial adviser fees from this Contract, the deduction of this financial adviser fee is in addition to this Contract&#8217;s fees and
              expenses, may be subject to a withdrawal charge, reduces your guaranteed values, reduces any lifetime payments, and may be subject to federal and state income taxes and a 10% additional federal tax.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">All guarantees under the Contract, including Credits, are the
            obligations of Allianz Life and are subject to our claims paying ability and financial strength.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">We base Income Payments on a percentage <font style="font-weight:bold;">(Lifetime Income Percentage)</font> of your Contract Value, <font style="font-style:italic;font-weight:bold;">not a guaranteed value.</font> Income Payments made while your Contract Value is positive are a
            withdrawal of your own assets and reduce your Contract Value. If your Contract Value remains above zero when the Income Payments end, you may not realize a benefit from the Income Benefit; the chances of your Contract Value being reduced to
            zero may be minimal.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If you change ownership or <font style="font-weight:bold;">Beneficiary(s)</font>
            (the person(s) you designate to receive any death benefit) this <font style="font-style:italic;font-weight:bold;">may cause Income Payments to be unavailable or end prematurely.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Annual increases to the Lifetime Income Percentage(s) used to
            calculate Income Payments are not available until age 45. Income Payments have a minimum waiting period and must begin no later than age 100. <font style="font-style:italic;font-weight:bold;">Joint Income Payments may not be available if the
              age difference between spouses is too great as stated in section 2, Eligible Person(s) and Covered Person(s).</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If your Contract Value is reduced due to negative Credits and/or
            deductions for Contract fees, expenses, and/or withdrawals and your initial annual maximum Income Payment cannot meet the $100 required minimum, <font style="font-style:italic;font-weight:bold;">the Income Benefit ends and you will have paid
              for the benefit without receiving any of its advantages.</font> Income Payments and the Income Benefit may also end prematurely if you withdraw more than the allowed annual maximum Income Payment, or you annuitize the Contract. For more
            information on the Income Benefit and Income Payments, see &#8220;How Does the Income Benefit Work&#8221; and &#8220;What Happens During the Income Period?&#8221; in the Summary; &#8220;Risks Associated with the Income Benefit&#8221; in Risk Factors; and section 9.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Please read this prospectus before investing and keep it for
            future reference. The prospectus describes all material rights and obligations of purchasers under the Contract. It contains important information about the Contract and Allianz Life that you ought to know before investing including material
            state variations. This prospectus is not offered in any state, country, or jurisdiction in which we are not authorized to sell the Contracts. You should rely only on the information contained in this prospectus. We have not authorized anyone to
            give you different information.</div>
        </div>
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          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;3&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;">
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The Securities and Exchange Commission (SEC) has not approved or
            disapproved these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense. An investment in this Contract is not a deposit of a bank or financial institution and is not
            federally insured or guaranteed by the Federal Deposit Insurance Corporation or any other federal government agency. An investment in this Contract involves investment risk including the possible loss of principal.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Allianz Life Variable Account B is the Separate Account that
            contains the assets held in the AZL Government Money Market Fund. Additional information about the Separate Account has been filed with the SEC and is available upon written or oral request without charge. A Statement of Additional Information
            <font style="font-weight:bold;">(SAI)</font> dated the same date as this Form N-4 prospectus includes additional information about the Contract. The SAI is also filed with the SEC on Form N-4 under File Number 333-222815 and is incorporated by
            reference into this prospectus. The SAI is available without charge by contacting us at the telephone number or address listed at the back of this prospectus. The SAI&#8217;s table of contents appears after the Privacy and Security Statement in this
            prospectus. The prospectus and SAI are also available on our website at www.allianzlife.com. The prospectus, SAI and other Contract information are also available on the EDGAR database on the SEC&#8217;s website (www.sec.gov).</div>
        </div>
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          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;4&#160;</div>
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      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
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      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"></a>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 14pt; text-decoration: none; text-transform: none;">TABLE OF CONTENTS<br>
          </div>
        </div>
        <div style="margin-top:3pt;">
          <div style="float:left;overflow:hidden;position:relative;width:47.73%;" type="Block">
            <div style="text-align:center;">
              <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100.00%;" id="z263a310441b344858104f8255ce4b527">

                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:94.15%;" colspan="2">
                      <div style="float:left;"><a href="#xx_67bce2a6-2e05-4a0f-b2b8-3b91b2a1f85b_1">Glossary</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">7 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:94.15%;" colspan="2">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_1">Summary</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">14 </td>
                  </tr>
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                    <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_4">Who Should Consider Purchasing the Contract?</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">17 </td>
                  </tr>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_4">How Do the Crediting Methods Work?</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">17 </td>
                  </tr>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_5">How Do the Crediting Methods Compare?</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">18 </td>
                  </tr>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_7">Bar Chart Examples of the Crediting Methods Performance</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">20 </td>
                  </tr>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_10">Can the Crediting Methods, Terms, or Indexes Change?</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">23 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_11">When Does Allianz Establish the Values Used to Determine Index Credits?</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">24 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_11">What Are the Different Values Within the Contract?</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">24 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_12">What Is the Daily Adjustment?</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">25 </td>
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                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_13">What is the Performance Lock?</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">26 </td>
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                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_13">How Does the Income Benefit Work?</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">26 </td>
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                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_15">What Happens During the Income Period?</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">28 </td>
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                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:94.15%;" colspan="2">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_15">Risk Factors</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">28 </td>
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                    <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_15">Liquidity Risks</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">28 </td>
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                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_16">Income Benefit Risks</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">29 </td>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_17">Risk of Change to the Income Benefit Supplement Prior to the Issue Date</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">30 </td>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_17">Risks of Investing in Securities</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">30 </td>
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                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_18">Risk of Negative Returns</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">31 </td>
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                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_19">Risks Associated with Calculation of Credits</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">32 </td>
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                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_20">Risks Associated with Performance Locks</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">33 </td>
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                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_20">Substitution of an Index</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">33 </td>
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                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_21">Changes to Declared Protection Strategy Credits (DPSCs), Precision Rates, Caps, Participation Rates, Buffers, and Floors</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">34 </td>
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                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_21">Investment in Derivative Hedging Instruments</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">34 </td>
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                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_22">Our Financial Strength and Claims-Paying Ability</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">35 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_22">Regulatory Protections</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">35 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:94.15%;" colspan="2">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_22">Fee Tables</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">35 </td>
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                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_22">Owner Transaction Expenses</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">35 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_23">Owner Periodic Expenses</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">36 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_23">Contract Annual Expenses</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">36 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_23">Annual Operating Expenses of the AZL Government Money Market Fund</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">36 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_23">Examples</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">36 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_24">Condensed Financial Information</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">37 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_24">1.</a> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_24">The Contract</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">37 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_25">When the Accumulation Phase Ends</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">38 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_25">Financial Adviser Fees</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">38 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_26">When the Contract Ends</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:bottom;white-space:nowrap;width:5.85%;">39 </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="float:right;overflow:hidden;position:relative;width:47.73%;" type="Block">
            <div style="text-align:center;">
              <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:3pt;width:100.00%;" id="z374085418b7745e8b8f8afb3b559b6dd">

                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_26">2.</a> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_26">Ownership, Annuitant, Determining Life, Beneficiary, and Payee</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">39 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_26">Owner</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">39 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_26">Joint Owner</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">39 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_26">Annuitant</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">39 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_27">Determining Life (Lives)</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">40 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_27">Beneficiary</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">40 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_28">Eligible Person(s) and Covered Person(s)</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">41 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_29">Payee</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">42 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_29">Assignments, Changes of Ownership and Other Transfers of Contract Rights</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">42 </td>
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                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_30">3.</a> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_30">Purchasing the Contract</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">43 </td>
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                    <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_30">Purchase Requirements</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">43 </td>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_30">Applications Sent Electronically</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">43 </td>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_30">Allocation of Purchase Payments and Contract Value Transfers</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">43 </td>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_31">Electronic transfer and Allocation Instructions</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">44 </td>
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                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_32">Automatic Investment Plan (AIP)</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">45 </td>
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                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_32">Free Look/Right To Examine Period</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">45 </td>
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                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_32">4.</a> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_32">AZL Government Money Market Fund</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">45 </td>
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                    <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_33">Substitution and Limitation on Holdings</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">46 </td>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_34">Excessive Trading and Market Timing</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">47 </td>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_35">Voting Privileges</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">48 </td>
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                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_36">5.</a> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_36">Valuing Your Contract</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">49 </td>
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                    <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_36">Determining Variable Account Value</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">49 </td>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_37">Determining Index Option Values</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">50 </td>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_38">Calculating Credits</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">51 </td>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_39">Daily Adjustment&#160;for the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">52 </td>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_40">Performance Locks</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">53 </td>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_40">Optional Reallocation Program for the 1-year Term Index Options</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">53 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_41">6.</a> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_41">Expenses</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">54 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_41">Annual Contract Fees: Product and Rider Fees</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">54 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_43">Contract Maintenance Charge</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">56 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_43">Withdrawal Charge</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">56 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_45">Premium Tax</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">58 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_45">Income Tax</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">58 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_45">AZL Government Money Market Fund Expenses</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">58 </td>
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                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_45">7.</a> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_45">Access to Your Money</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">58 </td>
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                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_46">Free Withdrawal Privilege</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">59 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_46">Systematic Withdrawal Program</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">59 </td>
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                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_47">Minimum Distribution Program and Required Minimum Distribution (RMD) Payments</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">60 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_47">Waiver of Withdrawal Charge Benefit</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">60 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_47">Suspension of Payments or Transfers</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:bottom;white-space:nowrap;width:5.85%;">60 </td>
                  </tr>

              </table>
            </div>
          </div>
        </div>
        <div style="clear:both;">&#160;
          <div style="clear:both;padding-top:45pt;width:100%;" type="Block">
            <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;"> </div>
        </div>
        <div style="padding-top:4pt;width:100%;" type="Block">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; text-align: center; text-decoration: none; text-transform: none;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_48">Allianz Index
              Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</a></div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_76fb1530-874c-4455-9ed5-88e37d35272f_2"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-decoration:none;text-transform:none;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_48">&#160;5&#160;</a></div>
          <div><font style="font-size:11pt;font-weight:Normal;line-height:14pt;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_48">TABLE OF CONTENTS </a></font></div>
        </div>
        <div style="margin-top:12pt;">
          <div style="float:left;overflow:hidden;position:relative;width:47.73%;" type="Block">
            <div style="text-align:center;">
              <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:3pt;width:100.00%;" id="z7cfe9c4dd949460782b7daedcb5e6f24">

                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_48">8.</a> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_48">The Annuity Phase</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">61 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_48">Calculating Your Annuity Payments</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">61 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_48">Annuity Payment Options</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">61 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_49">When Annuity Payments Begin</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">62 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_50">9.</a> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_50">Income Benefit</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">63 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_50">Removing the Income Benefit</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">63 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_50">Requesting Income Payments</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">63 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_51">Calculating Your Income Payments</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">64 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_53">Lifetime Income Percentage Calculation Example</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">66 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_55">Excess Withdrawals</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">68 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_55">Automatic Annual Income Payment Increases</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">68 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_56">Taxation of Income Payments</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">69 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_56">When the Income Period Ends</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">69 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_56">When the Income Benefit Ends</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">69 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_57">10.</a> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_57">Death Benefit</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">70 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_57">Maximum Anniversary Value</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">70 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_59">Death of the Owner and/or Annuitant</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">72 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_59">Death Benefit Payment Options During the Accumulation Phase</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">72 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_59">Death Benefit Payment Options</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">72 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_60">11.</a> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_60">Taxes</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">73 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_60">Qualified and Non-Qualified Contracts</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">73 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_60">Taxation of Annuity Contracts</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">73 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_61">Taxation of Income Payments</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">74 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_61">Tax-Free Section 1035 Exchanges</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">74 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_62">12.</a> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_62">Other Information</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">75 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_62">The Registered Separate Account</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">75 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_62">Our General Account</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">75 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_62">Our Unregistered Separate Account</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">75 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_62">Distribution</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">75 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_64">Additional Credits for Certain Groups</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">77 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_64">Administration/Allianz Service Center</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">77 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_64">Legal Proceedings</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">77 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_64">Status Pursuant to Securities Exchange Act of 1934</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">77 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_65">13.</a> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_65">Information on Allianz Life</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">78 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_65">Directors, Executive Officers and Corporate Governance</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">78 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_69">Executive Compensation</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">82 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_79">Security Ownership of Certain Beneficial Owners and Management</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">92 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_79">Transactions with Related Persons, Promoters and Certain Control Persons</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">92 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_79">Business and Operational Risks Relevant to the Contract</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">92 </td>
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                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_85">14.</a> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_85">Financial Statements</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">98 </td>
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                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#xx_db483ea8-faac-4917-80f3-91ad69968a6e_1">15.</a> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_db483ea8-faac-4917-80f3-91ad69968a6e_1">Privacy Notice</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">100 </td>
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                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-left:0pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:8.97%;"><a href="#xx_8ce1a8ef-38f0-4e9b-9c84-8b467ae5a764_1">16.</a> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_8ce1a8ef-38f0-4e9b-9c84-8b467ae5a764_1">Table of Contents of the Form N-4 SAI</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:bottom;white-space:nowrap;width:5.85%;">102 </td>
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              </table>
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          </div>
          <div style="float:right;overflow:hidden;position:relative;width:47.73%;" type="Block">
            <div style="text-align:center;">
              <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:3pt;width:100.00%;" id="zcb5cae2ee981451692086e4e16434be3">

                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:94.15%;" colspan="2">
                      <div style="float:left;"><a href="#xx_48fa12a6-86d2-42aa-b677-99021b93aa48_1">Appendix A &#8211; Available Indexes</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">103 </td>
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                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_48fa12a6-86d2-42aa-b677-99021b93aa48_1">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">103 </td>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_48fa12a6-86d2-42aa-b677-99021b93aa48_1">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">103 </td>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_48fa12a6-86d2-42aa-b677-99021b93aa48_2">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">104 </td>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_48fa12a6-86d2-42aa-b677-99021b93aa48_2">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup></a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">104 </td>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:lowercase;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_48fa12a6-86d2-42aa-b677-99021b93aa48_3">i</a><font style="text-transform:uppercase;"><a href="#xx_48fa12a6-86d2-42aa-b677-99021b93aa48_3">Shares<sup style="font-style: Normal; text-transform: uppercase; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI Emerging Markets ETF</a></font></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">105 </td>
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                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:94.15%;" colspan="2">
                      <div style="float:left;"><a href="#xx_97a6cf3d-a2e9-45bc-bfd1-a83a6317bdc3_1">Appendix B &#8211; Daily Adjustment</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">106 </td>
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                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:94.15%;" colspan="2">
                      <div style="float:left;"><a href="#xx_b98cf309-8f18-4303-b576-b015cbebe118_1">Appendix C &#8211; Historical Buffers, Floors, and Initial and Renewal DPSCs, Precision Rates, and Caps</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">108 </td>
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                    <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_b98cf309-8f18-4303-b576-b015cbebe118_1">Index Protection Strategy with DPSC</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">108 </td>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_b98cf309-8f18-4303-b576-b015cbebe118_1">Index Protection Strategy with Cap</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">108 </td>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_b98cf309-8f18-4303-b576-b015cbebe118_3">Index Precision Strategy</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">110 </td>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_b98cf309-8f18-4303-b576-b015cbebe118_3">Index Guard Strategy</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">110 </td>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_b98cf309-8f18-4303-b576-b015cbebe118_4">Index Performance Strategy 1-year Term</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">111 </td>
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                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_b98cf309-8f18-4303-b576-b015cbebe118_4">Index Performance Strategy 3-year Term with 20% Buffer</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">111 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:94.15%;" colspan="2">
                      <div style="float:left;"><a href="#xx_85484f25-c80a-45b6-a8ba-192508cbdedc_1">Appendix D &#8211; Historical Index Option Performance Information</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">113 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_85484f25-c80a-45b6-a8ba-192508cbdedc_1">Index Protection Strategy with DPSC AND the S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                          Index</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">113 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_85484f25-c80a-45b6-a8ba-192508cbdedc_1">Index Protection Strategy with Cap AND the S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                          Index</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">113 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_85484f25-c80a-45b6-a8ba-192508cbdedc_2">Index Precision Strategy with the S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">114 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_85484f25-c80a-45b6-a8ba-192508cbdedc_2">Index Guard Strategy with the S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">114 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_85484f25-c80a-45b6-a8ba-192508cbdedc_3">Index Performance Strategy 1-year Term with the S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                          Index</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">115 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:94.15%;" colspan="2">
                      <div style="float:left;"><a href="#xx_03808af1-f572-4c1c-b270-ff0d7e9a1286_1">Appendix E &#8211; Annual Contract Fees Calculation Examples</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">116 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_03808af1-f572-4c1c-b270-ff0d7e9a1286_1">Assuming You Purchase a Contract with the Traditional Death Benefit</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">116 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_03808af1-f572-4c1c-b270-ff0d7e9a1286_1">Assuming You Purchase a Contract with the Maximum Anniversary Value Death Benefit</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">116 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:94.15%;" colspan="2">
                      <div style="float:left;"><a href="#xx_80ce674c-526c-4ffa-807e-7d4c82eb3894_1">Appendix F &#8211; Previous Versions of Income Benefit</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">118 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:94.15%;" colspan="2">
                      <div style="float:left;"><a href="#xx_cb1a4797-a720-42db-a53a-62324e835f19_1">Appendix G &#8211; Alternate Minimum Value</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">123 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:94.15%;" colspan="2">
                      <div style="float:left;"><a href="#xx_e38a557f-306c-472f-a7d7-974e2e9fec55_1">Appendix H &#8211; Material Contract Variations by State and Issue Date</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">124 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_e38a557f-306c-472f-a7d7-974e2e9fec55_1">Crediting Method and/or Index Option Availability Restrictions</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">124 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_e38a557f-306c-472f-a7d7-974e2e9fec55_1">Level Income Guarantee Payment Percentage Availability Restrictions</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">124 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_e38a557f-306c-472f-a7d7-974e2e9fec55_1">Other Material State Contract Variations</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">124 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:94.15%;" colspan="2">
                      <div style="float:left;"><a href="#xx_c81f8e58-cea1-4a3b-87f4-903468777e4d_1">Appendix I &#8211; Selected Financial Data and Statutory Financial Statements</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">129 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:10pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_c81f8e58-cea1-4a3b-87f4-903468777e4d_1">Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations (For the 12 month period ended December 31, 2020)</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">129 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:0pt;padding-bottom:1.5pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:85.18%;">
                      <div style="float:left;"><a href="#xx_c81f8e58-cea1-4a3b-87f4-903468777e4d_1">Statutory Financial Statements</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">129 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:2pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:94.15%;" colspan="2">
                      <div style="float:left;"><a href="#xx_5139ade4-433e-46a0-98ef-04aa14732a1a_1">For Service or More Information</a></div>
                      <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;"> </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">130 </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="line-height:10pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:8.97%;">&#160; </td>
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      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_67bce2a6-2e05-4a0f-b2b8-3b91b2a1f85b_1"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
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        <div style="width:100%;" type="Block">
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          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;">Glossary</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">This prospectus is written in plain English. However, there are
            some technical words or terms that are capitalized and are used as defined terms throughout the prospectus. For your convenience, we included this glossary to define these terms.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Accumulated Alternate Interest<font style="font-weight:Normal;"> &#8211;
              the sum of alternate interest earned for the entire time you own your Contract. We use the Accumulated Alternate Interest to calculate the Alternate Minimum Value for certain Contracts as stated in Appendix G. The alternate interest for each
              Index Year is equal to either 70% or 87.5% of the Index Option Base multiplied by the alternate interest rate. The alternate interest rate is stated in your Contract and does not change for the entire time you own your Contract.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Accumulation Phase<font style="font-weight:Normal;"> &#8211; the first
              phase of your Contract before you request Annuity Payments. The Accumulation Phase begins on the Issue Date.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Alternate Minimum Value<font style="font-weight:Normal;"> &#8211; for
              certain Contracts as stated in Appendix G, the guaranteed minimum Index Option Value we provide for each Crediting Method if you take a withdrawal&#160;(including Income Payments), annuitize the Contract, or if we pay a death benefit.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Annuitant<font style="font-weight:Normal;"> &#8211; the individual upon
              whose life we base the Annuity Payments. Subject to our approval, the Owner designates the Annuitant, and can add a joint Annuitant for the Annuity Phase. There are restrictions on who can become an Annuitant.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Annuity Date<font style="font-weight:Normal;"> &#8211; the date we begin
              making Annuity Payments to the Payee from the Contract.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Annuity Options<font style="font-weight:Normal;"> &#8211; the annuity
              income options available to you under the Contract.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Annuity Payments<font style="font-weight:Normal;"> &#8211; payments made
              by us to the Payee pursuant to the chosen Annuity Option.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Annuity Phase<font style="font-weight:Normal;"> &#8211; the phase the
              Contract is in once Annuity Payments begin.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Beneficiary<font style="font-weight:Normal;"> &#8211; the person(s) or
              entity the Owner designates to receive any death benefit, unless otherwise required by the Contract or applicable law.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Buffer<font style="font-weight:Normal;"> &#8211; for any Index Option
              with the Index Precision Strategy or Index Performance Strategy, this is the negative Index Return that we absorb over the duration of a Term (which can be either one, three, or six years) before applying a negative Performance Credit. We do
            </font><font style="text-decoration:underline;">not</font><font style="font-weight:Normal;"> apply the Buffer annually on a 3-year or&#160;6-year Term Index Option. On the Issue Date we establish a Buffer for each Index Option with the Index
              Precision Strategy and Index Performance Strategy. However, if after the Issue Date we add a new Index Option to the Index Precision Strategy or Index Performance Strategy, we establish the Buffer for it on the date we add the Index Option to
              your Contract. Buffers are stated in your Contract and do not change once they are established.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Business Day<font style="font-weight:Normal;"> &#8211; each day on which
              the New York Stock Exchange is open for trading, except, with regard to the AZL Government Money Market Fund, when it does not value its shares. Allianz Life is open for business on each day that the New York Stock Exchange is open. Our
              Business Day ends when regular trading on the New York Stock Exchange closes, which is usually at 4:00 p.m. Eastern Time.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Cap<font style="font-weight:Normal;"> &#8211; for any Index Option with
              the Index Protection Strategy with Cap, Index Performance Strategy, or Index Guard Strategy, this is the upper limit on positive Index performance after application of any Participation Rate over the duration of a Term (which can be either
              one,&#160;three, or six years) and the maximum potential Credit for an Index Option. We do </font><font style="text-decoration:underline;">not</font><font style="font-weight:Normal;"> apply the Cap annually on a 3-year or&#160;6-year Term Index
              Option. On each Term Start Date, we set a Cap for each Index Option with the Index Protection Strategy with Cap, Index Performance Strategy, and Index Guard Strategy. The Caps applicable to your Contract are shown on the Index Options
              Statement.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Charge Base<font style="font-weight:Normal;"> &#8211; the Contract Value
              on the preceding Quarterly Contract Anniversary (or the initial Purchase Payment received on the Issue Date if this is before the first Quarterly Contract Anniversary), adjusted for subsequent Purchase Payments and any Contract Value
              withdrawn. Withdrawal adjustments include all withdrawals (even Penalty-Free Withdrawals) and any amounts we withdraw for any Contract fees and expenses. We use the Charge Base to determine the next product and rider fees we deduct.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Contract<font style="font-weight:Normal;"> &#8211; the individual
              flexible purchase payment index-linked and variable deferred annuity contract described by this prospectus.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Contract Anniversary<font style="font-weight:Normal;"> &#8211; a
              twelve-month anniversary of the Issue Date or any subsequent Contract Anniversary.</font></div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;7&#160;</div>
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      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_67bce2a6-2e05-4a0f-b2b8-3b91b2a1f85b_2"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Contract Value<font style="font-weight:Normal;"> &#8211; the value of
              your Purchase Payments based on the returns of your selected Index Options reduced for previously assessed Contract fees and expenses, and withdrawals. On any Business Day, your Contract Value is the sum of your Index Option Value(s) and
              Variable Account Value. The Variable Account Value component of the Contract Value fluctuates each Business Day that money is held in the AZL Government Money Market Fund. The Index Option Value component of the Contract Value is adjusted on
              each Term End Date to reflect Credits, which can be negative with the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy. </font>A negative Credit means that you can lose principal and previous earnings.<font style="font-weight:Normal;"> The Index Option Values&#160;for each Index Option with the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy also reflect the Daily Adjustment on every Business Day other than the Term
              Start Date or Term End Date. The Contract Value reflects any previously deducted Contract fees and expenses, but does not reflect Contract fees and expenses that we would apply on liquidation. The cash surrender value reflects all Contract
              fees and expenses that we would apply on liquidation.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Contract Year<font style="font-weight:Normal;"> &#8211; any period of
              twelve months beginning on the Issue Date or a subsequent Contract Anniversary.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Covered Person(s)<font style="font-weight:Normal;"> &#8211; the person(s)
              upon whose age and lifetime(s) we base Income Payments as discussed in section 2. Covered Person(s) are based on the Eligible Person(s) and the Income Payment type you select on the Income Benefit Date.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Credit<font style="font-weight:Normal;"> &#8211; the return you receive
              on the Term End Date from the Index Options. Credits may be positive, zero, or, in some instances, negative if you select the Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy. </font>A negative Credit means that
            you can lose principal and previous earnings.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Crediting Method<font style="font-weight:Normal;"> &#8211; a method we
              use to calculate Credits for the Index Options.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Daily Adjustment<font style="font-weight:Normal;"> &#8211; how we
              calculate Index Option Values on days other than the Term Start Date or Term End Date&#160;for each Index Option with the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy as discussed in the Summary &#8211; What is the
              Daily Adjustment?; section 5, Valuing Your Contract &#8211; Daily Adjustment&#160;for the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy; and Appendix B. The Daily Adjustment approximates the Index Option Value that will
              be available on the Term End Date. It is the estimated present value of the future Performance Credit that we will apply on the Term End Date.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Declared Protection Strategy Credit (DPSC)<font style="font-weight:Normal;"> &#8211; the positive Credit you receive on a Term End Date for any Index Option with the Index Protection Strategy with DPSC if Index performance is zero or positive. You receive a Credit equal to the DPSC on the Term
              End Date if the current Index Value is equal to or greater than the Index Value on the Term Start Date. We set the DPSCs on each Term Start Date. The DPSCs provide predefined upside potential. The DPSCs applicable to your Contract are shown
              on the Index Options Statement.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Determining Life (Lives)<font style="font-weight:Normal;"> &#8211; the
              person(s) designated at Contract issue and named in the Contract on whose life we base the guaranteed Traditional Death Benefit or Maximum Anniversary Value Death Benefit.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Eligible Person(s)<font style="font-weight:Normal;"> &#8211; the
              person(s) whose age determines each Income Percentage and Income Percentage Increase that we use to calculate the Lifetime Income Percentages and Income Payments, and on whose lifetime we base Income Payments. There are restrictions on who
              can become an Eligible Person as stated in section 2.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Excess Withdrawal<font style="font-weight:Normal;"> &#8211; while you are
              taking Income Payments, this is the amount of any withdrawal you take during an Income Benefit Year that when added to other withdrawals and scheduled Income Payments is greater than your annual maximum Income Payment. Excess Withdrawals
              reduce your Contract Value, future Income Payments, Guaranteed Death Benefit Value, and may end your Contract. The Income Benefit is discussed in section 9.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Financial Professional<font style="font-weight:Normal;"> &#8211; the
              person who advises you regarding the Contract.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Floor<font style="font-weight:Normal;"> &#8211; for any Index Option with
              the Index Guard Strategy, this is the maximum amount of negative Index Return you absorb as a negative Performance Credit. On the Issue Date we establish a Floor for each Index Option with the Index Guard Strategy. However, if after the Issue
              Date we add a new Index Option to the Index Guard Strategy, we establish the Floor for it on the date we add the Index Option to your Contract. Floors are stated in your Contract and do not change once they are established.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Good Order<font style="font-weight:Normal;"> &#8211; a request is in
              &#8220;Good Order&#8221; if it contains all of the information we require to process the request. If we require information to be provided in writing, &#8220;Good Order&#8221; also includes providing information on the correct form, with any required certifications,
              guarantees and/or signatures, and received at our Service Center after delivery to the correct mailing, email, or website address, which are all listed at the back of this prospectus. If you have questions about the</font></div>
        </div>
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          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;8&#160;</div>
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      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_67bce2a6-2e05-4a0f-b2b8-3b91b2a1f85b_3"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">information we require, or whether you can submit certain information by fax,
            email or over the web, please contact our Service Center. If you send information by email or upload it to our website, we send you a confirmation number that includes the date and time we received your information.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Guaranteed Death Benefit Value<font style="font-weight:Normal;"> &#8211;
              the guaranteed value that is available to your Beneficiary(s) on the first death of any Determining Life during the Accumulation Phase. The Guaranteed Death Benefit Value is either total Purchase Payments adjusted for withdrawals if you
              select the Traditional Death Benefit, or the Maximum Anniversary Value if you select the Maximum Anniversary Value Death Benefit. Withdrawal adjustments include all withdrawals (even Penalty-Free Withdrawals) and any withdrawal charges, but
              not amounts we withdraw for other Contract fees and expenses.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Income Benefit<font style="font-weight:Normal;"> &#8211; a benefit that
              is automatically included in your Contract at issue which is described in the Summary and section 9. Income Benefit has an additional rider fee and is intended to provide a payment stream for life in the form of partial withdrawals.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Income Benefit Anniversary<font style="font-weight:Normal;"> &#8211; a
              twelve-month anniversary of the Income Benefit Date or any subsequent Income Benefit Anniversary. It is the date we determine Income Payment increases. Income Benefit Anniversaries always occur on Index Anniversaries.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Income Benefit Date<font style="font-weight:Normal;"> &#8211; the date
              you choose to begin receiving Income Payments under the Income Benefit and the Income Period begins. The Income Benefit Date must be on an Index Anniversary.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Income Benefit Supplement<font style="font-weight:Normal;"> &#8211; the
              supplement that must accompany this prospectus which contains the terms used to determine Income Payments for your Contract. The Income Benefit Supplement includes the Income Payment waiting period and the table showing the Income Percentages
              and Income Percentage Increases. We cannot change these terms for your Contract once they are established. We publish any changes to the Income Benefit Supplement at least seven calendar days before they take effect on our website at
              www.allianzlife.com/indexincomerates. The Income Benefit Supplement is also filed on EDGAR at www.sec.gov under Form S-1 File Number 333-230901.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Income Benefit Year<font style="font-weight:Normal;"> &#8211; a
              twelve-month period beginning on the Income Benefit Date or a subsequent Income Benefit Anniversary.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Income Payments<font style="font-weight:Normal;"> &#8211; the guaranteed
              payments we make to you under the Income Benefit for the lifetime(s) of the Covered Person(s) that are generally based on the Contract Value and Lifetime Income Percentage for the payment type you select. Payment types include single or joint
              payments under either the Level Income or Increasing Income payment options. However, if you choose the Level Income payout option and meet certain age requirements, your initial annual maximum Income Payment will not be less than the Level
              Income Guarantee Payment Percentage multiplied by your total Purchase Payments adjusted for withdrawals. Income Payments are discussed in section 9.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Income Percentages<font style="font-weight:Normal;"> &#8211; amounts we
              use to determine the Lifetime Income Percentages. We establish Income Percentages for each payment type. Income Percentages are generally higher for single payments compared to joint, and for the Level Income payment option compared to
              Increasing Income. The Income Percentages are stated in the Income Benefit Supplement. Please see Appendix F for the Income Percentages for previous versions of the Income Benefit.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Income Percentage Increases<font style="font-weight:Normal;"> &#8211; the
              amount that each Income Percentage can increase on each Index Anniversary up to and including the Income Benefit Date. We establish Income Percentage Increases for each Eligible Person based on their current age on the Index Effective Date. </font>Income
            Percentage Increases are not available until the Eligible Person(s) reaches age 45.<font style="font-weight:Normal;"> The Income Percentage Increases are stated in the Income Benefit Supplement. Please see Appendix F for the Income Percentage
              Increases for previous versions of the Income Benefit.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Income Period<font style="font-weight:Normal;"> &#8211; the period your
              Contract is in if you take Income Payments. The Income Period occurs during the Accumulation Phase and starts on the Income Benefit Date.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Increasing Income<font style="font-weight:Normal;"> &#8211; a payment
              option available under the Income Benefit. It provides Income Payment increases on each Income Benefit Anniversary during the Income Period if your selected Index Option(s) receives a Credit. These increases can continue even if your Contract
              Value reduces to zero or if your Income Payments are converted to Annuity Payments.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index (Indexes)<font style="font-weight:Normal;"> &#8211; one (or more)
              of the nationally recognized third-party broad based equity securities Indexes or exchange-traded fund available to you under your Contract. The Indexes are described in Appendix A.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Anniversary<font style="font-weight:Normal;"> &#8211; a
              twelve-month anniversary of the Index Effective Date or any subsequent Index Anniversary. It is the date we apply&#160;Income Percentage Increases.</font></div>
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          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
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          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;9&#160;</div>
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      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_67bce2a6-2e05-4a0f-b2b8-3b91b2a1f85b_4"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
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          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Effective Date<font style="font-weight:Normal;"> &#8211; the first
              day we allocate assets to an Index Option&#160;and we establish Income Percentage Increases for each Eligible Person. The Index Effective Date is stated on the Index Options Statement and starts the first Index Year. When you purchase this
              Contract you select the Index Effective Date as discussed in section 3, Purchasing the Contract &#8211; Allocation of Purchase Payments and Contract Value Transfers.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Guard Strategy<font style="font-weight:Normal;"> &#8211; one of the
              Crediting Methods available before the Income Period described in the Summary; and in section 5, Valuing Your Contract &#8211; Calculating Credits. The Index Guard Strategy calculates Performance Credits based on Index Returns subject to a Cap and
              Floor. You can receive negative Performance Credits under this Crediting Method, which means you can lose principal and previous earnings. The Index Guard Strategy is more sensitive to smaller negative market movements that persist over time
              because the Floor reduces the impact of large negative market movements. In an extended period of smaller negative market returns, the risk of loss is greater with the Index Guard Strategy than with the Index Performance Strategy and Index
              Precision Strategy.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Option<font style="font-weight:Normal;"> &#8211; the index-linked
              investment options to which you can allocate Purchase Payments or transfer Contract Value. Each Index Option is the combination of an Index, a Crediting Method, and a Term. For the Index Performance Strategy 3-year and 6-year Term Index
              Options we also include the Buffer amount.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Option Base<font style="font-weight:Normal;"> &#8211; an amount we
              use to calculate Credits and the Daily Adjustment. The Index Option Base is equal to the amounts you allocate to an Index Option adjusted for withdrawals, Contract fees and expenses, transfers into or out of the Index Option, and the
              application of any Credits.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Option Value<font style="font-weight:Normal;"> &#8211; on any
              Business Day, it is equal to the portion of your Contract Value in a particular Index Option. We establish an Index Option Value for each Index Option you select. Each Index Option Value includes any Credits from previous Term End Dates and
              reflects deduction of any previously assessed contract maintenance charge, product fee, rider fee, and withdrawal charge. On each Business Day other than the Term Start Date or Term End Date, the Index Option Values&#160;for each Index Option with
              the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy also include the Daily Adjustment.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Options Statement<font style="font-weight:Normal;"> &#8211; the
              account statement we mail to you on the Index Effective Date and each Index Anniversary thereafter. On the Index Effective Date, the statement shows the initial Index Values, DPSCs, Precision Rates, Caps, and Participation Rates for the Index
              Options you selected. On each Index Anniversary, the statement shows the new Index Values, Credits received, and renewal DPSCs, Precision Rates, Caps, and Participation Rates that are effective for the next Term for the Index Options you
              selected that have reached their Term End Date. The Index Options Statement also shows any applicable Buffer or Floor for your selected Index Option(s). For any 3-year or&#160;6-year Term Index Option you selected that has not reached its Term End
              Date the statement shows the current Index Anniversary&#8217;s Index Option Value, which includes the Daily Adjustment. During the Accumulation Phase and before the Income Period, the statement will also show the current Lifetime Income Percentages
              for each payment type available under the Income Benefit. During the Income Period it will show the maximum Income Payment available for the next year.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Performance Strategy<font style="font-weight:Normal;"> &#8211; one
              of the Crediting Methods available before the Income Period described in the Summary; and in section 5, Valuing Your Contract &#8211; Calculating Credits. This Crediting Method offers 1-year, 3-year, and 6-year Terms. The Index Performance Strategy
              calculates Performance Credits based on Index Returns subject to any applicable Participation Rate, Cap, and Buffer. You can receive negative Performance Credits under this Crediting Method, which means you can lose principal and previous
              earnings. The Index Performance Strategy is more sensitive to large negative market movements because small negative market movements are absorbed by the Buffer. In a period of extreme negative market performance, the risk of loss is greater
              with the Index Performance Strategy than with the Index Guard Strategy.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Precision Strategy<font style="font-weight:Normal;"> &#8211; one of
              the Crediting Methods available before the Income Period described in the Summary; and in section 5, Valuing Your Contract &#8211; Calculating Credits. The Index Precision Strategy calculates Performance Credits based on Index Values and Index
              Returns subject to the Precision Rate and Buffer. You can receive negative Performance Credits under this Crediting Method, which means you can lose principal and previous earnings. The Index Precision Strategy may perform best in periods of
              small positive market movements because the Precision Rates will generally be greater than the DPSCs, but less than the Index Performance Strategy Caps. The Index Precision Strategy is more sensitive to large negative market movements because
              small negative market movements are absorbed by the Buffer. In a period of extreme negative market performance, the risk of loss is greater with the Index Precision Strategy than with the Index Guard Strategy.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Protection Strategy with DPSC<font style="font-weight:Normal;"> &#8211; one of the Crediting Methods available during the entire Accumulation Phase, including the Income Period, described in the Summary; and in section 5, Valuing Your Contract &#8211; Calculating Credits.</font></div>
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          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
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      <div style="width:100%;"> <a name="xx_67bce2a6-2e05-4a0f-b2b8-3b91b2a1f85b_5"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
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          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">The Index Protection Strategy with DPSC provides Credits equal to the DPSCs on the
            Term End Date if the current Index Value is equal to or greater than the Index Value on the Term Start Date. The Index Protection Strategy with DPSC does not allow negative Credits, and offers the least growth opportunity as DPSCs will
            generally be less than Precision Rates and Caps.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Protection Strategy with Cap<font style="font-weight:Normal;">
              &#8211; one of the Crediting Methods available during the entire Accumulation Phase, including the Income Period, described in the Summary; and in section 5, Valuing Your Contract &#8211; Calculating Credits. The Index Protection Strategy with Cap
              provides a Protection Credit based on Index Returns subject to a Cap, but does not allow negative Credits. The Index Protection Strategy with Cap offers more growth opportunity than Index Protection Strategy with DPSC, but less than Index
              Precision Strategy, Index Guard Strategy, or Index Performance Strategy.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Return<font style="font-weight:Normal;"> &#8211; the percentage
              change in Index Value from the Term Start Date to the Term End Date, which we use to determine the Protection Credits for any Index Option with the Index Protection Strategy with Cap, Performance Credits for any Index Option with the Index
              Performance Strategy or Index Guard Strategy, and negative Performance Credits for any Index Option with the Index Precision Strategy. The Index Return is the Index Value on the Term End Date, minus the Index Value on the Term Start Date,
              divided by the Index Value on the Term Start Date.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Value<font style="font-weight:Normal;"> &#8211; an Index&#8217;s price at
              the end of the Business Day on the Term Start Date and Term End Date as provided by Bloomberg or another market source if Bloomberg is not available.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Year<font style="font-weight:Normal;"> &#8211; a twelve-month
              period beginning on the Index Effective Date or a subsequent Index Anniversary.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Issue Date<font style="font-weight:Normal;"> &#8211; the date we issue
              the Contract. The Issue Date is stated in your Contract and starts your first Contract Year. Contract Anniversaries and Contract Years are measured from the Issue Date.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Joint Owners<font style="font-weight:Normal;"> &#8211; the two person(s)
              designated at Contract issue and named in the Contract who may exercise all rights granted by the Contract. Joint Owners must be spouses within the meaning of federal tax law.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Level Income<font style="font-weight:Normal;"> &#8211; an Income Benefit
              payment option that provides an automatic annual increase to your Income Payments if your Contract Value increases from one Income Benefit Anniversary to the next during the Income Period.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Level Income Guarantee Payment Percentage<font style="font-weight:Normal;"> &#8211; the minimum percentage of total Purchase Payments adjusted for withdrawals you can receive as an Income Payment if you choose the Level Income payout option and meet certain age requirements as stated in section
              9 &#8211; Calculating Your Income Payments.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Lifetime Income Percentage<font style="font-weight:Normal;"> &#8211; the
              maximum percentage of Contract Value you can receive as an Income Payment on the Income Benefit Date. The Lifetime Income Percentages available to you before the Income Period are stated on the Index Options Statement.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Lock Date<font style="font-weight:Normal;"> &#8211;&#160;for each Index Option
              with the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy this is the Business Day we execute a Performance Lock and capture an Index Option Value (which </font><font style="text-decoration:underline;">includes</font><font style="font-weight:Normal;"> the Daily Adjustment) before the Term End Date.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Maximum Anniversary Value<font style="font-weight:Normal;"> &#8211; the
              highest Contract Value on any Index Anniversary before age 91, adjusted for subsequent Purchase Payments and withdrawals, used to determine the Maximum Anniversary Value Death Benefit as discussed in the Summary and section 10. Withdrawal
              adjustments include all withdrawals (even Penalty-Free Withdrawals) and any withdrawal charges, but not amounts we withdraw for other Contract fees and expenses.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Maximum Anniversary Value Death Benefit<font style="font-weight:Normal;"> &#8211; an optional benefit described in the Summary and section 10 that has an additional rider fee and is intended to potentially provide a death benefit greater than the Traditional Death Benefit. The Maximum
              Anniversary Value Death Benefit can only be added to a Contract at issue.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Non-Qualified Contract<font style="font-weight:Normal;"> &#8211; a
              Contract that is not purchased under a pension or retirement plan that qualifies for special tax treatment under sections of the Code.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Owner<font style="font-weight:Normal;"> &#8211; &#8220;you,&#8221; &#8220;your&#8221; and
              &#8220;yours.&#8221; The person(s) or entity designated at Contract issue and named in the Contract who may exercise all rights granted by the Contract.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Participation Rate<font style="font-weight:Normal;"> &#8211; may allow
              you to receive more than the Index Return if the Index Return is positive, but the Participation Rate cannot boost Index Returns beyond any declared Cap. We do </font><font style="text-decoration:underline;">not</font><font style="font-weight:Normal;"> apply the Participation Rate if the Index Return is zero or negative. We do </font><font style="text-decoration:underline;">not</font><font style="font-weight:Normal;"> apply the Participation Rate annually. The
              Participation Rate is only available on the the Index Performance Strategy 3-year and 6-year Terms&#160;to Contracts issued on or after April 30, 2021. The Participation Rate is not available on Index Performance Strategy 1-year Terms, or
              on&#160;3-year&#160;Terms&#160;that were available to</font></div>
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          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;11&#160;</div>
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      <div style="width:100%;"> <a name="xx_67bce2a6-2e05-4a0f-b2b8-3b91b2a1f85b_6"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
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          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">Contracts issued before April 30, 2021. We set Participation Rates on each Term
            Start Date. The Participation Rates applicable to your Contract are shown on the Index Options Statement.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Payee<font style="font-weight:Normal;"> &#8211; the person or entity who
              receives Annuity Payments during the Annuity Phase.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Penalty-Free Withdrawals<font style="font-weight:Normal;"> &#8211;
              withdrawals you take under the free withdrawal privilege or waiver of withdrawal charge benefit, payments you take under our minimum distribution program, and Income Payments. Penalty-Free Withdrawals are not subject to a withdrawal charge.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Performance Credit<font style="font-weight:Normal;"> &#8211; the Credit
              you receive on a Term End Date for any Index Option with the Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy. We base Performance Credits on Index Values and Index Returns after application of any Participation
              Rate as limited by the applicable Buffer, Floor, Precision Rate, or Cap. Performance Credits can be negative, </font>which means you can lose principal and previous earnings.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Performance Lock<font style="font-weight:Normal;"> &#8211; a feature that
              allows you to capture the current Index Option Value during the Term&#160;for each Index Option with the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy. A Performance Lock applies to the total Index Option Value in
              an Index Option, and not just a portion of that Index Option Value. After the Lock Date, Daily Adjustments do not apply to a locked Index Option for the remainder of the Term and the Index Option Value will not receive a Performance Credit on
              the Term End Date.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Precision Rate<font style="font-weight:Normal;"> &#8211; the positive
              Performance Credit you receive for any Index Option with the Index Precision Strategy if Index performance is zero or positive. You receive a Performance Credit equal to the Precision Rate on the Term End Date if the current Index Value is
              equal to or greater than the Index Value on the Term Start Date. We set a Precision Rate for each Index Precision Strategy Index Option on each Term Start Date. The Precision Rates applicable to your Contract are shown on the Index Options
              Statement.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Protection Credit<font style="font-weight:Normal;"> &#8211; the Credit
              you receive on the Term End Date for any Index Option with the Index Protection Strategy with Cap. We base Protection Credits on positive Index Returns limited by the Cap. Protection Credits cannot be negative.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Proxy Investment<font style="font-weight:Normal;"> &#8211; provides a
              current estimate of what the Performance Credit will be on the Term End Date taking into account any applicable Buffer, Floor, Precision Rate, Cap, and/or Participation Rate. We use the Proxy Investment to calculate the Daily Adjustment on
              Business Days other than the Term Start Date or Term End Date. For more information, see Appendix B.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Proxy Value<font style="font-weight:Normal;"> &#8211; the hypothetical
              value of the Proxy Investment used to calculate the Daily Adjustment as discussed in Appendix B.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Purchase Payment<font style="font-weight:Normal;"> &#8211; the money you
              put into the Contract.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Qualified Contract<font style="font-weight:Normal;"> &#8211; a Contract
              purchased under a pension or retirement plan that qualifies for special tax treatment under sections of the Code (for example, 401(a) and 401(k) plans), Individual Retirement Annuities (IRAs), or Tax-Sheltered Annuities (referred to as TSA
              contracts). Currently, we issue Qualified Contracts that may include, but are not limited to Roth IRAs, traditional IRAs and Simplified Employee Pension (SEP) IRAs.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Quarterly Contract Anniversary<font style="font-weight:Normal;"> &#8211;
              the day that occurs three calendar months after the Issue Date or any subsequent Quarterly Contract Anniversary.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Separate Account<font style="font-weight:Normal;"> &#8211; Allianz Life
              Variable Account B is the Separate Account that issues the variable investment portion of your Contract. It is a separate investment account of Allianz Life. The Separate Account holds the shares of the AZL Government Money Market Fund
              subaccounts that underlie the Contracts. The Separate Account is divided into subaccounts, each of which invests exclusively in a variable investment option. The only currently available variable investment option is the AZL Government Money
              Market Fund. The Separate Account is registered with the SEC as a unit investment trust, and may be referred to as the Registered Separate Account.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Service Center<font style="font-weight:Normal;"> &#8211; the area of our
              company that issues Contracts and provides Contract maintenance and routine customer service. Our Service Center address and telephone number are listed at the back of this prospectus. The address for mailing applications and/or checks for
              Purchase Payments may be different and is also listed at the back of this prospectus.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Term <font style="font-weight:Normal;">&#8211; The period of time, from
              the Term Start Date to the Term End Date, in which we measure Index Return to determine Credits.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Term End Date &#8211; <font style="font-weight:Normal;">The day on which
              a Term ends and we apply Credits. A Term End Date may only occur on an Index Anniversary. If a Term End Date does not occur on a Business Day, we consider it to occur on the next Business Day.</font></div>
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          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;12&#160;</div>
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      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_67bce2a6-2e05-4a0f-b2b8-3b91b2a1f85b_7"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Term Start Date &#8211; <font style="font-weight:Normal;">The day on
              which a Term begins and we set the DPSCs, Precision Rates, Caps, and Participation Rates for an Index Option. A Term Start Date may only occur on the Index Effective Date or an Index Anniversary. If a Term Start Date does not occur on a
              Business Day, we consider it to occur on the next Business Day.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Traditional Death Benefit<font style="font-weight:Normal;"> &#8211; the
              guaranteed death benefit automatically provided by the Contract for no additional fee described in the Summary and section 10.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Valid Claim<font style="font-weight:Normal;"> &#8211; the documents we
              require to be received in Good Order at our Service Center before we pay any death claim. This includes the death benefit payment option, due proof of death, and any required governmental forms. Due proof of death includes a certified copy of
              the death certificate, a decree of court of competent jurisdiction as to the finding of death, or any other proof satisfactory to us.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Variable Account Value<font style="font-weight:Normal;"> &#8211; on any
              Business Day, it is the value of the shares in the AZL Government Money Market Fund subaccounts which hold your Purchase Payments until the Index Effective Date or the next Index Anniversary. We create an AZL Government Money Market Fund
              subaccount for each of your selected Index Options. The Variable Account Value increases and decreases based on the performance of the AZL Government Money Market Fund and reflects deduction of the fund&#8217;s operating expenses, any previously
              assessed contract maintenance charge, product fee, rider fee, and withdrawal charge.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Withdrawal Charge Basis<font style="font-weight:Normal;"> &#8211; the
              total amount under your Contract that is subject to a withdrawal charge as discussed in section 6, Expenses &#8211; Withdrawal Charge.</font></div>
        </div>
        <div style="margin-top:451pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;13&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_1"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;">Summary</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> is a product that offers index-linked investment options and allows you to defer taking regular fixed periodic payments <font style="font-weight:bold;">(Annuity Payments)</font> to a future date. During the first phase of your Contract <font style="font-weight:bold;">(Accumulation Phase)</font> your Contract Value fluctuates based on the performance of your
            selected Index Options and the AZL Government Money Market Fund (for Purchase Payments that have not yet been transferred to the Index Options) and deduction of Contract fees and expenses. During this phase you can make additional Purchase
            Payments (until you request Income Payments), you can take withdrawals, and if you die we pay a death benefit to your named Beneficiary(s). If you request Income Payments, your Contract will enter the <font style="font-weight:bold;">Income
              Period</font>. The Income Period occurs during the Accumulation Phase. If you request Annuity Payments, the Accumulation Phase and Income Period (if applicable) ends and the <font style="font-weight:bold;">Annuity Phase</font> begins.
            Annuity Payments are fixed payments we make based on the Annuity Option you select and your Contract Value.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.39%;" id="z83d4b895168b4cbaa5a0d4e36d4c45ec">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="2">Purchasing a Contract: Key Features at a Glance </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Issue Age<br>
                    <font style="font-weight:Normal;">(see section 3)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">On the date we issue the Contract <font style="font-weight:bold;">(the Issue Date)</font>, all Owners and the Annuitant must be either:<br>
                    &#8226;&#8194;age 80 or younger, or<br>
                    &#8226;&#8194;age 75 or younger if you select the Maximum Anniversary Value Death Benefit.<br>
                    The <font style="font-weight:bold;">Owner</font> is the person or entity designated at issue who may exercise all Contract rights. The <font style="font-weight:bold;">Annuitant</font> is the individual upon whose life we base Annuity
                    Payments. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Purchase Payment<br>
                    Standards<br>
                    <font style="font-weight:Normal;">(see section 3)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">&#8226;&#8194;$5,000 minimum initial Purchase Payment due on the Issue Date.<br>
                    &#8226;&#8194;<font style="font-weight:bold;">We restrict additional Purchase Payments during the Accumulation Phase.</font> Each Index Year before the Income Period you cannot add more than your initial amount without our prior approval. An <font style="font-weight:bold;">Index Year</font> is a twelve-month period beginning on the Index Effective Date or a subsequent Index Anniversary. Your initial amount is all Purchase Payments received before the first Quarterly Contract
                    Anniversary of the first Contract Year. A <font style="font-weight:bold;">Quarterly Contract Anniversary</font> is the day that occurs three calendar months after the Issue Date or any subsequent Quarterly Contract Anniversary. A <font style="font-weight:bold;">Contract Year</font> is any period of twelve months beginning on the Issue Date or a subsequent Contract Anniversary. A <font style="font-weight:bold;">Contract Anniversary</font> is a twelve-month
                    anniversary of the Issue Date or any subsequent Contract Anniversary. We allow you to add up to the initial amount in the remainder of the first Index Year, and each Index Year thereafter before the Income Period begins. <font style="font-weight:bold;">The minimum additional Purchase Payment we will accept is $50.<br>
                    </font>&#8226;&#8194;$1 million maximum in total Purchase Payments unless we give prior approval for a higher amount.<br>
                    &#8226;&#8194;<font style="font-style:italic;font-weight:bold;">We do not accept additional Purchase Payments during the Income Period or the Annuity Phase.</font> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt Solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt; padding-right:6pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Allocation of Purchase Payments and Contract Value Transfers<br>
                    <font style="font-weight:Normal;">(see section 3)</font> </td>
                  <td style="border-bottom:0.5pt Solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">You can allocate your Purchase Payments to any or all of the Index Options available under your Contract. We only allow assets
                    to move into the Index Options on the Index Effective Date and on subsequent Index Anniversaries.<br>
                    &#8226;&#8194;As a result, we hold Purchase Payments in the AZL Government Money Market Fund until we transfer them to your selected Index Options according to your instructions. For additional Purchase Payments we receive after the Index Effective
                    Date, we transfer the amounts held in the AZL Government Money Market Fund to your selected Index Options on the next Index Anniversary. <font style="font-weight:bold;">However, you cannot allocate Purchase Payments to the AZL
                      Government Money Market Fund</font>.<br>
                    &#8226;&#8194;On each Index Option&#8217;s Term End Date, you can transfer <font style="font-weight:bold;">Index Option Value</font> (the portion of your Contract Value in a particular Index Option) between Index Options.<br>
                    &#8226;&#8194;<font style="font-weight:bold;">We do not allow assets to move into an established 3-year or&#160;6-year Term Index Option until the Term End Date.<br>
                    </font>&#8226;&#8194;Purchase Payments you allocate to an Index Option must be held in the Index Option for the full Term before they can receive a Credit. <font style="font-style:italic;font-weight:bold;">Therefore, additional Purchase Payments
                      we receive after the Index Effective Date that you allocate to a 1-year Term Index Option are not eligible to receive a Credit until the second Index Anniversary after we receive them, or the fourth Index Anniversary after we receive
                      them for allocations to a 3-year Term Index Option, or the seventh Index Anniversary after we receive them for allocations to a 6-year Term Index Option.</font> </td>
                </tr>

            </table>
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          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;14&#160;</div>
        </div>
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      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_2"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:99.39%;" id="z47623401796e481dbd5d3e8470b84976">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="2">Purchasing a Contract: Key Features at a Glance </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Daily Adjustment<br>
                    <font style="font-weight:Normal;">(see &#8220;What is the Daily Adjustment?&#8221; in this Summary and section 5)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">The <font style="font-weight:bold;">Daily Adjustment</font> is how we calculate Index Option Values on days other than the Term Start Date or Term End Date&#160;for
                    each Index Option with the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy. The Daily Adjustment approximates the Index Option Value that will be available on the Term End Date. It is the estimated present
                    value of the future Performance Credit that we will apply on the Term End Date. The Daily Adjustment takes into account any Index gains subject to the applicable Precision Rate, Cap, and/or Participation Rate, or either any Index losses
                    greater than the Buffer or Index losses down to the Floor, but in the form of the estimated present value. Therefore, the Daily Adjustment could result in a loss beyond the protection of the Buffer or Floor. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Performance Lock<br>
                    <font style="font-weight:Normal;">(see &#8220;What is the Performance Lock?&#8221; in this Summary and section 5)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">A feature that allows you to capture the current Index Option Value during the Term&#160;for each Index Option with the Index Precision Strategy, Index Guard
                    Strategy, and Index Performance Strategy. If we execute a Performance Lock for an Index Option we do not apply the Daily Adjustment to it for the remainder of the Term and the Index Option Value will not receive a Performance Credit on
                    the Term End Date. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Product and Rider Fees<br>
                    <font style="font-weight:Normal;">(see the Fee Tables and section 6)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">Accrued daily and deducted on each Quarterly Contract Anniversary. Each fee is calculated as a percentage of the Charge Base, which is the Contract Value on the
                    preceding Quarterly Contract Anniversary adjusted for subsequent Purchase Payments and withdrawals.<br>
                    &#8226;&#8194;Product fee is 1.25%.<br>
                    &#8226;&#8194;Rider fee is 0.70% for the Income Benefit.<br>
                    &#8226;&#8194;Rider fee is 0.20% for the Maximum Anniversary Value Death Benefit.<font style="font-style:italic;font-weight:bold;"> If you select this benefit, you will pay 2.15% in total annual Contract fees (product fee plus the rider fees).</font>
                  </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Other Contract Fees and Expenses<br>
                    <font style="font-weight:Normal;">(see the Fee Tables and section 6)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:13pt;padding-right:4pt;padding-top:1.75pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:79.23%;">&#8226;&#8194;An 8.5% declining withdrawal charge applies to withdrawals taken within six years after receipt of each Purchase Payment
                    during the Accumulation Phase, and during the Income Period to <font style="font-weight:bold;">Excess Withdrawals</font> (the amount of any withdrawal taken during an Index Year that when added to other withdrawals and scheduled Income
                    Payments is greater than your annual maximum Income Payment).<br>
                    &#8226;&#8194;$50 contract maintenance charge assessed annually if the total Contract Value is less than $100,000.<br>
                    &#8226;&#8194;AZL Government Money Market Fund operating expenses before fee waivers and expense reimbursements of 0.64% of the average daily net assets. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.75pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:100%;" colspan="2">You can withdraw your Contract Value, subject to any applicable withdrawal charge, and federal and state taxation. Withdrawals taken before age 59<sup style="font-style: italic; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8202;1</sup>&#8260;<font style="font-size:6pt;line-height:8pt;">2</font> may also be subject to a 10% additional federal tax. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Free Withdrawal Privilege<br>
                    <font style="font-weight:Normal;">(see section 7)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">Allows you to withdraw 10% of your total Purchase Payments each Contract Year during the Accumulation Phase and before the Income Period without incurring a
                    withdrawal charge.<br>
                    &#8226;&#8194;Any unused free withdrawal privilege in one Contract Year is not added to the amount available in the next Contract Year.<br>
                    &#8226;&#8194;If you withdraw more than the free withdrawal privilege we will assess a withdrawal charge if the withdrawal is taken from a Purchase Payment we received within the last six years.<br>
                    &#8226;&#8194;<font style="font-style:italic;font-weight:bold;">Not</font> <font style="font-style:italic;font-weight:bold;">available</font> <font style="font-style:italic;font-weight:bold;">if you take a full withdrawal of your total Contract
                      Value or during the Income Period.</font> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Systematic Withdrawal Program<br>
                    <font style="font-weight:Normal;">(see section 7)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">Before the Income Period, it provides automatic withdrawals of at least $100 to you at a frequency you select. These withdrawals:<br>
                    &#8226;&#8194;reduce the amount available under the free withdrawal privilege, and<br>
                    &#8226;&#8194;are subject to a withdrawal charge if you exceed the free withdrawal privilege. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Minimum Distribution Program<font style="font-weight:Normal;"> </font>and Required Minimum Distribution (RMD) Payments<br>
                    <font style="font-weight:Normal;">(see section 7)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">If you own an Individual Retirement Annuity <font style="font-weight:bold;">(IRA)</font> or SEP IRA Contract, this program provides payments to you designed to
                    meet the Code&#8217;s minimum distribution requirements. These withdrawals:<br>
                    &#8226;&#8194;reduce the amount available under the free withdrawal privilege&#160;before the Income Period, but<br>
                    &#8226;&#8194;are <font style="font-weight:bold;text-decoration:underline;">not</font> subject to a withdrawal charge if you exceed the free withdrawal privilege&#160;before the Income Period, and are not considered to be an Excess Withdrawal during
                    the Income Period. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt; padding-right:6pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Waiver of Withdrawal Charge Benefit<br>
                    <font style="font-weight:Normal;">(see section 7)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">In most states, this benefit allows you to take a withdrawal without incurring a withdrawal charge if you are confined to a
                    nursing home for a period of at least 90 consecutive days. </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:44pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;15&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_3"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:99.39%;" id="zaa4d653d5b774551aa6154724c8b67d2">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="2">Purchasing a Contract: Key Features at a Glance </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Annuity Payments<br>
                    <font style="font-weight:Normal;">(see section 8)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">Annuity Payments can provide a guaranteed lifetime fixed income stream with certain tax advantages. We designed the Annuity Payments for Owners who no longer
                    need immediate access to Contract Value to meet their short-term income needs.<br>
                    &#8226;&#8194;We offer five Annuity Options that provide payments for life, life and term certain, or life with refund.<br>
                    &#8226;&#8194;We base Annuity Payments on your Contract Value, the Annuity Option you select, and the lifetime and age of the Annuitant(s).<br>
                    &#8226;&#8194;For an individually owned Contract, Annuity Payments can be either single or joint. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Income Benefit<br>
                    <font style="font-weight:Normal;">(see &#8220;How Does the Income Benefit Work?&#8221; later in this Summary and section 9)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">The Income Benefit (0.70% rider fee) is automatically included in your Contract. It provides guaranteed lifetime Income Payments based on a percentage of your
                    Contract Value.<br>
                    &#8226;&#8194;Once the Income Payment waiting period has expired, Income Payments can begin as early as age 50 or as late as age 100.<br>
                    &#8226;&#8194;Unlike Annuity Payments, the Income Benefit allows access to your Contract Value and death benefit for a period of time after Income Payments begin.<br>
                    &#8226;&#8194;Once Income Payments begin your Crediting Methods are limited to the Index Protection Strategy with DPSC and Index Protection Strategy with Cap.<br>
                    &#8226;&#8194;If you no longer want or need the Income Benefit, you can remove it from your Contract on or after the third Index Anniversary if you have not begun Income Payments and your Contract Value is positive. If you remove the Income
                    Benefit, we stop assessing the Income Benefit rider fee.<br>
                    <br>
                    For information on the terms used to determine your Income Payments,<br>
                    please see the Income Benefit Supplement. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Death Benefit<br>
                    <font style="font-weight:Normal;">(see section 10)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">When you purchase the Contract you select either the Traditional Death Benefit (no additional fee) or the Maximum Anniversary Value Death Benefit (0.20% rider
                    fee). In either case, the death benefit is paid upon the first death of any Determining Life during the Accumulation Phase.<br>
                    &#8226;&#8194;We establish the Determining Lives at Contract issue and they generally do not change unless there is a change of ownership due to divorce or establishment of a Trust.<br>
                    &#8226;&#8194;<font style="font-weight:bold;">The Determining Life (or Lives)</font> is either the Owner(s) or the Annuitant if the Owner is a non-individual.If a Determining Life dies during the Accumulation Phase your Beneficiary(s) will receive
                    the greater of the Contract Value or the Guaranteed Death Benefit Value. <font style="font-weight:bold;">The Guaranteed Death Benefit Value</font> is either:<br>
                    &#8226;&#8194;total Purchase Payments adjusted for withdrawals if you select the Traditional Death Benefit, or<br>
                    &#8226;&#8194;the<font style="font-weight:bold;"> Maximum Anniversary Value</font> (the highest Contract Value on any Index Anniversary before age 91, adjusted for subsequent Purchase Payments and withdrawals) if you select the Maximum Anniversary
                    Value Death Benefit. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal; font-weight:bold;line-height:12pt;line-height:12pt;padding-left:11.0pt;padding-right:4pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-decoration:none;text-indent:-7pt;text-transform:none; text-transform:none;vertical-align:top;width:100%;" colspan="2">&#8226;&#8194;Withdrawals&#160;(including Income Payments) reduce your Guaranteed Death Benefit Value proportionately, which means this value may be reduced by more than the amount
                    withdrawn.<br>
                    &#8226;&#8194;The Maximum Anniversary Value Death Benefit cannot be less than the Traditional Death Benefit, <font style="font-style:italic;">but they can be equal.<br>
                    </font>&#8226;&#8194;If you change Owner(s) the death benefit may be reduced to Contract Value. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Material Contract Variations<br>
                    <font style="font-weight:Normal;">(see Appendix H)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">The product or certain product features may not currently be available in all states or all Contracts, may vary in your state (such as the free look), or may not
                    be available from all selling firms or from all Financial Professionals. Your Financial Professional can also provide information regarding availability of Index Options. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt; padding-right:6pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Customer Service<br>
                    <font style="font-weight:Normal;">(see the last page of this prospectus)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">If you need customer service (for Contract changes, information on Contract Values, requesting a withdrawal or transfer,
                    changing your allocation instructions, etc.) please contact our Service Center at (800) 624-0197. Our <font style="font-weight:bold;">Service Center</font> is the area of our company that issues Contracts and provides Contract
                    maintenance and routine customer service. You can also contact us by:<br>
                    &#8226;&#8194;mail at Allianz Life Insurance Company of North America, P.O. Box 561,<br>
                    Minneapolis, MN 55440-0561, or<br>
                    &#8226;&#8194;email at Contact.Us@allianzlife.com. </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:44pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;16&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_4"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">Who Should Consider Purchasing the Contract?</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We designed the Contract for people who are looking for
            guaranteed lifetime income with continued access to Contract Value and a death benefit for a period of time, and a level of protection for their principal while providing potentially higher returns than are available on traditional fixed
            annuities. This Contract is not intended for someone who is seeking complete protection from downside risk, nor someone who is seeking unlimited investment potential.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We offer other annuity contracts that may address your investment
            and retirement needs. These contracts include variable annuities, registered index-linked annuities and fixed index annuities. These annuity products may offer different features and benefits more appropriate for your needs, including
            allocation options, fees and/or expenses that are different from those in the Contract offered by this prospectus. Not every contract is offered through every Financial Professional. Some Financial Professionals or selling firms may not offer
            and/or limit offering of certain features and benefits, as well as limit the availability of the contracts based on criteria established by the Financial Professional or selling firm. For more information about other annuity contracts, please
            contact your Financial Professional.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">For example, these other annuity contracts may have different
            Index Options, and different rates and minimums for the Buffers, Floors, DPSCs, Precision Rates, Caps, and Participation Rates. DPSCs, Precision Rates, Caps, and Participation Rates may also be affected, positively or negatively, by expenses we
            incur in providing other contract features. For example, a product that deducts fees and expenses from Index Options may have higher DPSCs, Precision Rates, Caps, and Participation Rates than a contract that deducts fees and expenses only from
            variable investment options.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">How Do the Crediting Methods Work?</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">All Crediting Methods provide a Credit on the Term End Date based
            on Index Values and Index Returns. The <font style="font-weight:bold;">Index Value</font> is the Index&#8217;s price at the end of the Business Day on the Term Start Date and Term End Date, which we use to calculate the Index Return. A <font style="font-weight:bold;">Business Day</font> is each day the New York Stock Exchange is open for trading and it ends when regular trading on the New York Stock Exchange closes, which is usually at 4:00 p.m. Eastern Time. All of the Crediting
            Methods offer 1-year Term Index Options, but only the Index Performance Strategy also offers 3-year and 6-year Term Index Options.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The <font style="font-weight:bold;">Index Protection Strategy
              with DPSC</font> provides a Credit equal to the DPSC if the Index Value on the Term End Date is equal to or greater than the Index Value on the Term Start Date, regardless of the amount of actual Index Return. If the current Index Value is
            less than it was on the Term Start Date, the Credit is zero.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The <font style="font-weight:bold;">Index Protection Strategy
              with Cap</font> provides a Protection Credit.</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zf3d07d70120b4ea1a049808e0d2f6d34">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The <font style="font-weight:bold;">Index Precision Strategy</font>
            provides a Performance Credit.</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z41026c18fe3b463f8caef8a1cdc78ee1">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If the
                    Index Value on the Term End Date is equal to or greater than the Index Value on the Term Start Date, regardless of the amount of actual Index Return, the Performance Credit is equal to the Precision Rate. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">If the Index Return is negative and the loss is: </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-left:2.83%;margin-top:3pt;width:97.17%;" id="z105cb4a54c504d8bb9659deed2d4d404">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The <font style="font-weight:bold;">Index Guard Strategy</font>
            also provides a Performance Credit.</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z693d6d5aa28d4dc583c1f3bb4d534af8">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If the
                    Index Return is positive, the Performance Credit is equal to the Index Return up to the Cap. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If the
                    Index Value on the Term End Date is equal to the Index Value on the Term Start Date, the Performance Credit is zero. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">If the Index Return is negative, the negative Performance Credit is equal to the negative Index Return down to the Floor. You participate in any losses down to the Floor. We absorb any negative Index
                    Return beyond the Floor. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The <font style="font-weight:bold;">Index Performance Strategy</font>
            also provides a Performance Credit.</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z7d097ff97ca1436a90de09e46b1ca92e">

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

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:2.83%;margin-top:2pt;width:97.17%;" id="za78c91e6e3f04bad8ac14b6f7b532ecb">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.92%;">&#8211;&#8194; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.08%;">the
                    Index Return up to the Cap for a 1-year Term. </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;17&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_5"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-left:2.83%;margin-top:0pt;width:97.17%;" id="z2b3b78d8b7564fc6ba0a90e3579a9801">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.92%;">&#8211;&#8194; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.08%;">the
                    Index Return up to the Cap for a 3-year Term&#160;available to Contracts issued before April 30, 2021. If a 3-year Term is uncapped, the Performance Credit is equal the Index Return. We apply the Cap for the entire Term length; we do not
                    apply the Cap annually on a 3-year. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.92%;">&#8211;&#8194; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.08%;">Index Return multiplied by the Participation Rate, up to the Cap for a 3-year or&#160;6-year Term available to Contracts issued after April 30, 2021. If the 3-year or&#160;6-year Term is uncapped, the Performance
                    Credit is equal to the Index Return&#160;multiplied by the Participation Rate. We apply the Participation Rate and Cap for the entire Term length; we do <font style="font-weight:bold;text-decoration:underline;">not</font> apply the
                    Participation Rate and Cap annually on a 3-year or&#160;6-year Term. </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z081d1a28da5141fcaff763d076943571">

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

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-left:2.83%;margin-top:2pt;width:97.17%;" id="z07334155f2a542efb8b82a8bfc8bd1ef">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.92%;">&#8211;&#8194; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.08%;">less
                    than or equal to the Buffer, the Performance Credit is zero. We absorb any loss up to the Buffer. We apply the Buffer for the entire Term length; we do <font style="font-weight:bold;text-decoration:underline;">not</font> apply the
                    Buffer annually on a 3-year or&#160;6-year Term Index Option. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.92%;">&#8211;&#8194; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.08%;">greater than the Buffer, the negative Performance Credit is equal to the negative Index Return in excess of the Buffer. You participate in any losses beyond the Buffer. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">A more detailed description of how we calculate Credits,
            including numerical examples, is included in section 5, Valuing Your Contract &#8211; Calculating Credits.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z7f1c1904910345efb0d47001959177c7">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; <font style="font-weight:bold;">The

                      Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy allow negative Performance Credits. </font><font style="font-style:italic;font-weight:bold;">A negative Performance Credit means you can lose principal
                      and previous earnings. These losses could be significant.</font> </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; <font style="font-weight:bold;">Because

                      we calculate Index Returns only on a single date in time, you may experience negative or flat performance even though the Index you selected for a given Crediting Method experienced gains through some, or most, of the Term.</font> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194; <font style="font-weight:bold;">If a 3-year or&#160;6-year Term Index Option is &#8220;uncapped&#8221; for one Term (i.e., we do not declare a Cap for that Term) it does not mean that we will not declare a Cap for it on future Term Start Dates.</font> On
                    the next Term Start Date we can declare a Cap for the next Term, or declare it to be uncapped. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">How Do the Crediting Methods Compare?</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Crediting Methods have different risk and return potentials.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.39%;" id="z3ab0cbbd66554e5c9e6bfb561f144ae1">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="2">What is the asset protection? </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Index Protection Strategy with DPSC </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">&#8226;&#8194;Most protection.<br>
                    &#8226;&#8194;If the Index loses value, the Credit is zero. You do not receive a negative Credit. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Index Protection Strategy with Cap </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">&#8226;&#8194;Most protection.<br>
                    &#8226;&#8194;If the Index loses value, the Credit is zero. You do not receive a negative Credit. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Index Precision Strategy </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:13pt;padding-right:4pt;padding-top:1.75pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:79.23%;">&#8226;&#8194;Less protection than the Index Protection Strategy with DPSC, Index Protection Strategy with Cap, and Index Guard Strategy.
                    Protection may be more or less than what is available with the Index Performance Strategy depending on Buffers.<br>
                    &#8226;&#8194;Buffer absorbs a percentage of loss, but you receive a negative Performance Credit for losses greater than the Buffer.<br>
                    &#8226;&#8194;Potential for large losses in any Term.<br>
                    &#8226;&#8194;More sensitive to large negative market movements because small negative market movements are absorbed by the Buffer. In a period of extreme negative market performance, the risk of loss is greater with the Index Precision Strategy
                    than with the Index Guard Strategy. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt Solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt; padding-right:6pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Index Guard Strategy </td>
                  <td style="border-bottom:0.5pt Solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:13pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:79.23%;">&#8226;&#8194;Less protection than the Index Protection Strategy with DPSC and Index Protection Strategy with Cap, but
                    more than Index Precision Strategy and Index Performance Strategy.<br>
                    &#8226;&#8194;Permits a negative Performance Credit down to the Floor.<br>
                    &#8226;&#8194;Protection from significant losses.<br>
                    &#8226;&#8194;More sensitive to smaller negative market movements that persist over time because the Floor reduces the impact of large negative market movements.<br>
                    &#8226;&#8194;In an extended period of smaller negative market returns, the risk of loss is greater with the Index Guard Strategy than with the Index Performance Strategy and Index Precision Strategy.<br>
                    &#8226;&#8194;Provides certainty regarding the maximum loss in any Term. </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:8pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;18&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_6"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:99.39%;" id="zdb547e0a9635443ca8bef932c0fd973c">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="2">What is the asset protection? </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt; padding-right:6pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Index Performance Strategy </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:13pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:79.23%;">&#8226;&#8194;Less protection than the Index Protection Strategy with DPSC, Index Protection Strategy with Cap, and Index
                    Guard Strategy. Protection may be more or less than what is available with the Index Precision Strategy depending on Buffers.<br>
                    &#8226;&#8194;Buffers may be different between 1-year, 3-year, and 6-year Terms. Buffers can also be different between Index Options with the same Term Length.<br>
                    &#8226;&#8194;Buffer absorbs a percentage of loss, but you receive a negative Performance Credit for losses greater than the Buffer.<br>
                    &#8226;&#8194;Potential for large losses in any Term.<br>
                    &#8226;&#8194;More sensitive to large negative market movements because small negative market movements are absorbed by the Buffer. In a period of extreme negative market performance, the risk of loss is greater with the Index Performance Strategy
                    than with the Index Guard Strategy.<br>
                    &#8226;&#8194; In extended periods of moderate to large negative market performance, 3-year and 6-year Terms may provide less protection than the 1-year Terms because, in part, the Buffer is applied over a longer period of time. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: Normal; line-height: 13pt; padding-left: 1.42%; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.39%;" id="z84351af8a62249f984ccfbb2d1a3d919">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="2">What is the growth opportunity? </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Index Protection Strategy with DPSC </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">&#8226;&#8194;Growth opportunity limited by the DPSCs.<br>
                    &#8226;&#8194;Least growth opportunity.<br>
                    &#8226;&#8194;May perform best in periods of small positive market movements.<br>
                    &#8226;&#8194;DPSCs will generally be less than the Precision Rates and Caps. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Index Protection Strategy with Cap </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">&#8226;&#8194;Growth opportunity limited by the Caps.<br>
                    &#8226;&#8194;May perform best in periods of small positive market movements.<br>
                    &#8226;&#8194;Generally more growth opportunity than the Index Protection Strategy with DPSC, but less than the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy.<br>
                    &#8226;&#8194;Caps will generally be greater than DPSCs, but less than the Precision Rates and Caps for the Index Guard Strategy and Index Performance Strategy. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Index Precision Strategy </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">&#8226;&#8194;Growth opportunity limited by the Precision Rates.<br>
                    &#8226;&#8194;May perform best in periods of small positive market movements.<br>
                    &#8226;&#8194;Generally more growth opportunity than the Index Protection Strategy with DPSC and Index Protection Strategy with Cap, but less than the Index Performance Strategy.<br>
                    &#8226;&#8194;Growth opportunity may be more or less than the Index Guard Strategy depending on Precision Rates and Caps. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Index Guard Strategy </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">&#8226;&#8194;Growth opportunity limited by the Caps.<br>
                    &#8226;&#8194;May perform best in a strong market.<br>
                    &#8226;&#8194;Growth opportunity that generally may be matched or exceeded only by the Index Performance Strategy. However, growth opportunity may be more or less than the Index Precision Strategy or Index Performance Strategy depending on
                    Precision Rates and Caps. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt; padding-right:6pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Index Performance Strategy </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:13pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:79.23%;">&#8226;&#8194;Growth opportunity limited by the Caps and/or Participation Rates. <font style="font-style:italic;font-weight:bold;">If we do not declare a Cap for a 3-year or&#160;6-year Term Index Option there is no maximum limit on the positive Index Return for that Index Option. In addition, you can receive more than the
                      positive Index Return if the Participation Rate applies and is greater than its 100%&#160;minimum.<br>
                    </font>&#8226;&#8194;May perform best in a strong market.<br>
                    &#8226;&#8194;Generally the most growth opportunity. However, growth opportunity may be less than the Index Precision Strategy or Index Guard Strategy depending on Precision Rates, Caps, and/or Participation Rates. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: Normal; line-height: 13pt; padding-left: 1.42%; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.39%;" id="za839ce5080c54783b1921e427c6e69ff">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="2">What can change within a Crediting Method? </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Index Protection Strategy with DPSC </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">&#8226;&#8194;Renewal DPSCs for existing Contracts can change on each Term Start Date.<br>
                    &#8226;&#8194;DPSCs are subject to a 0.50% minimum. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt Solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt; padding-right:6pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Index Protection Strategy with Cap </td>
                  <td style="border-bottom:0.5pt Solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">&#8226;&#8194;Renewal Caps for existing Contracts can change on each Term Start Date.<br>
                    &#8226;&#8194;Caps are subject to a 0.50% minimum. </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:37pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;19&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_7"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:99.39%;" id="z959f28cebdf246678c3c14110553ae8b">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="2">What can change within a Crediting Method? </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Index Precision Strategy </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">&#8226;&#8194;Renewal Precision Rates for existing Contracts can change on each Term Start Date.<br>
                    &#8226;&#8194;If we add a new Index Option to your Contract after the Issue Date, we establish the Buffer for it on the date we add the Index Option to your Contract. Your actual Buffers cannot change once they are established.<br>
                    &#8226;&#8194;Precision Rates are subject to a 3% minimum, and Buffers are subject to a 5% minimum. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Index Guard Strategy </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">&#8226;&#8194;Renewal Caps for existing Contracts can change on each Term Start Date.<br>
                    &#8226;&#8194;If we add a new Index Option to your Contract after the Issue Date, we establish the Floor for it on the date we add the Index Option to your Contract. Your actual Floors cannot change once they are established.<br>
                    &#8226;&#8194;Caps are subject to a 3% minimum, and Floors are subject to a -25% minimum. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt; padding-right:6pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Index Performance Strategy </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:79.23%;">&#8226;&#8194;Renewal Caps and/or Participation Rates for existing Contracts can change on each Term Start Date.<br>
                    &#8226;&#8194;If we add a new Index Option to your Contract after the Issue Date, we establish the Buffer for it on the date we add the Index Option to your Contract. Your actual Buffers cannot change once they are established.<br>
                    &#8226;&#8194;Caps are subject to a 3% minimum for 1-year Terms, 5% for 3-year Terms, or 10% for 6-year Terms. Participation Rates are subject to a 100% minimum. Buffers are subject to a 5% minimum. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: Normal; line-height: 13pt; padding-left: 1.42%; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z4df5ba034c81488ea23de555757b179e">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:12pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-decoration:none;text-indent:-8pt;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194;For any Index
                    Option with the <font style="font-weight:bold;">Index Precision Strategy or Index Performance Strategy,</font> <font style="font-style:italic;font-weight:bold;">you participate in any negative Index Return in excess of the Buffer</font>,
                    which reduces your Contract Value. For example, if we set the Buffer at 5% we would absorb the first -5% of Index Return and you could lose up to 95% of the Index Option Value. However, for any Index Option with the <font style="font-weight:bold;">Index Guard Strategy</font>, <font style="font-style:italic;font-weight:bold;">we absorb any negative Index Return in excess of the Floor.</font> For example, if we set the Floor at -25%, your maximum loss
                    would be limited to -25% of the Index Option Value due to negative Index Returns. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:12pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-indent:-8pt;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194;<font style="font-style:italic;">The minimum Buffer and Floor are the least amount of protection that you could receive from negative Index Returns for any Index Option with the Index Precision Strategy, Index Guard Strategy, or Index
                      Performance Strategy.</font> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:12pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-indent:-8pt;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194;<font style="font-style:italic;">DPSCs, Precision Rates, Caps, and Participation Rates as set by us from time-to-time may vary substantially based on market conditions.</font> <font style="font-style:italic;font-weight:bold;">However, in
                      extreme market environments, it is possible that all DPSCs, Precision Rates, Caps, and Participation Rates will be reduced to their respective minimums of 0.50%, 3%, 5%, 10%, or 100% as stated above.</font> </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-bottom:4pt;padding-left:12pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-indent:-8pt;text-transform:none;text-transform:none; vertical-align:top;width:100%;">&#8226;&#8194;<font style="font-style:italic;font-weight:bold;">Buffers, Floors, DPSCs, Precision Rates, Caps, and Participation Rates can be different from Index Option to Index Option. </font><font style="font-style:italic;">For example, Caps for the Index Performance Strategy 1-year Terms can be different between the S&amp;P 500<sup style="font-style: italic; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                      Index and the Nasdaq-100<sup style="font-style: italic; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index, and Caps for the S&amp;P 500<sup style="font-style: italic; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index can be different between 1-year and 3-year Terms on the Index Performance Strategy, and between the 1-year Terms for the Index Guard
                      Strategy and Index Performance Strategy.</font> <font style="font-weight:bold;">They may also be different from Contract-to-Contract depending on the Index Effective Date and the state of issuance.</font> </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">Bar Chart Examples of the Crediting Methods Performance</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The following hypothetical examples show conceptually how the
            Crediting Methods might work in different market environments and assume no change in the hypothetical DPSCs, Precision Rates, Caps, and/or Participation Rates. All values below are for illustrative purposes only. The examples do not reflect
            any Buffers, Floors, DPSCs, Precision Rates, Caps, and/or&#160;Participation Rates that may actually apply to a Contract. The examples do not predict or project the actual performance of the Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>. Although an Index or Indexes will affect your Index Option Values, the Index Options do not directly participate in any stock or equity investment
            and are not a direct investment in an Index. The Index Values do not include the dividends paid on the stocks comprising an Index. An allocation to an Index Option is not a purchase of shares of any stock or index fund. These examples do not
            reflect deduction of the Contract fees and expenses. Historical Index Option performance information is also included in Appendix D.</div>
        </div>
        <div style="margin-top:95pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;20&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_8"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="margin-top: 0pt; width: 488pt;"> <img src="imgadeec2df1.jpg" alt=" "> </div>
          <div style="margin-top: 12pt; width: 489pt;"> <img src="img2aab8f5e2.jpg" alt=" "> </div>
        </div>
        <div style="margin-top:51pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;21&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_9"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="margin-top: 0pt; width: 486pt;"> <img src="img3b4b76233.jpg" alt=" "> </div>
          <div style="margin-top: 11pt; width: 496pt;"> <img src="imgc8fc0af74.jpg" alt=" "> </div>
        </div>
        <div style="margin-top:60pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;22&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_10"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="margin-top: 0pt; width: 477pt;"> <img src="img9e4dd8d45.jpg" alt=" "> </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Can the Crediting Methods, Terms, or Indexes Change?</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We can add new Crediting Methods, Terms, and Indexes to your
            Contract in the future, and you can allocate Purchase Payments or transfer Contract Value to them on the next Index Anniversary after we make them available to you. Once we add a Crediting Method to your Contract we cannot remove it, or change
            how it calculates Credits. If we add a new Index Option to your Contract, we cannot change its Buffer or Floor after it is established. However, we can change the renewal DPSCs, Precision Rates, Caps, and/or Participation Rates associated with
            any Index Option on each Term Start Date.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Once we add an Index to your Contract, we cannot remove it
            without simultaneously replacing or substituting it. Index replacements and substitutions can occur either on a Term Start Date, Term End Date, or during a Term. If we substitute an Index during a Term, we will combine the return of the
            previously available substituted Index with the return of the new Index. However, if we substitute an Index, we do <font style="font-weight:bold;text-decoration:underline;">not</font> change the Buffers or Floors applicable to your Contract,
            or the current DPSCs, Precision Rates, Caps, and/or Participation Rates that we set on the Term State Date. Any changes to the DPSCs, Precision Rates, Caps, and/or Participation Rates for the new substituted Index will occur at the next
            regularly scheduled Term Start Date. For more information, see Risk Factors &#8211; Substitution of an Index.</div>
        </div>
        <div style="margin-top:38pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;23&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_11"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="zd24c247627194fb3a471deae4f1c401e">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">When Does Allianz Establish the Values Used to Determine Index
            Credits?</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We establish the Buffers and Floors for your Contract on the
            Issue Date. However, if we add a new Index Option to your Contract after the Issue Date, we establish any applicable Buffer or Floor for it on the date we add the Index Option to your Contract. Your actual Buffers and Floors are stated in your
            Contract and cannot change once they are established.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We establish the initial DPSCs, Precision Rates, Caps, and
            Participation Rates for a newly issued Contract on the Index Effective Date and they cannot change until the next Term Start Date. You select the Index Effective Date when you purchase your Contract. It can be any Business Day from the Issue
            Date up to and including the first Quarterly Contract Anniversary, but it cannot be the 29th, 30th or 31st of a month. We can change the renewal DPSCs, Precision Rates, Caps, and Participation Rates for an existing Contract on each new Term
            Start Date, in our discretion. Your initial and renewal DPSCs, Precision Rates, Caps, and Participation Rates are stated in your <font style="font-weight:bold;">Index Options Statement</font>, which is the account statement we mail to you on
            the Index Effective Date and each Index Anniversary. The Index Options Statement also includes the Index Values on the Term Start Date and Term End Date. We use these Index Values to determine Index Returns and Credits.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">For information on the Buffers, Floors, and initial DPSCs,
            Precision Rates, Caps, and Participation Rates we currently offer for newly issued Contracts, see our website at www.allianzlife.com/indexincomerates. We publish any changes to these values at least seven calendar days before they take effect.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We will send you a letter at least 30 days before each Index
            Anniversary. This letter advises you that current DPSCs, Precision Rates, Caps, and Participation Rates are expiring, and that renewal rates for the next Term Start Date will be available for your review in your account on our website at least
            seven calendar days before the upcoming Index Anniversary. Renewal rates are also available on our website at www.allianzlife.com/indexincomerates. The Index Anniversary letter also reminds you of your opportunity to transfer your Index Option
            Values on any upcoming Term End Date.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z23f501ebaf0c4b6da78a6c71c99a8344">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; If your Contract is within its free
                    look period you may be able to take advantage of any increase in initial DPSCs, Precision Rates, Caps, and/or Participation Rates by cancelling your Contract and purchasing a new Contract. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; DPSCs, Precision Rates, Caps,
                    and Participation Rates may be different between newly issued and existing Contracts, and between existing Contracts issued on the same month and day in different years. For example, assume that in August 2020 we set Caps for the Index
                    Performance Strategy 1-year Term with the S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index as follows: </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:18pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;">&#8211;&#8194; 13% initial rate for new Contracts issued in 2020, </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:18pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;">&#8211;&#8194; 14% renewal rate for existing Contracts issued in 2019, and </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:18pt;padding-right:4pt;padding-top:1.25pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">&#8211;&#8194; 12% renewal rate for existing Contracts issued in 2018. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">What Are the Different Values Within the Contract?</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Contract provides the following values as discussed in
            section 5, Valuing Your Contract.</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zd6523721cc644b94b9cdc370f7013e66">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                    Contract Value is the sum of your Variable Account Value and Index Option Values. Contract Value reflects any previously deducted Contract fees and expenses, but does not reflect Contract fees and expenses that we would apply on
                    liquidation. The cash surrender value reflects&#160;all fees and charges that we would apply on liquidation. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Your Variable Account Value is the value of the shares in the AZL Government Money Market Fund subaccounts which hold your Purchase Payments until the Index Effective Date or next Index Anniversary. It
                    reflects deduction of the fund&#8217;s operating expenses, and previously assessed contract maintenance charge, product fee, rider fees, and any&#160;withdrawal charge. It changes each Business Day based on the performance of the AZL Government
                    Money Market Fund. </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:68pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;24&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_12"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zb94cf34f6e8f46b18d41324e0aff25fb">

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

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-left:2.83%;margin-top:2pt;width:97.17%;" id="z00917a59e6504da6bc171af473a84dd4">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.92%;">&#8211;&#8194; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.08%;">On each
                    Business Day during the Term other than the Term Start Date or Term End Date, we calculate the current Index Option Value &#160;for each Index Option with the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy by
                    adding a Daily Adjustment to the Index Option Base. The <font style="font-weight:bold;">Index Option Base</font> is the amount you allocate to an Index Option adjusted for withdrawals, deduction of Contract fees and expenses, transfers
                    into or out of the Index Option, and the application of any Credits. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.92%;">&#8211;&#8194; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.08%;">During the Term the Index Option Values for Index Options with the Index Protection Strategy with DPSC and Index Protection Strategy with Cap do not change for Index performance, and do not receive the
                    Daily Adjustment. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">What Is the Daily Adjustment?</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Daily Adjustment is how we calculate Index Option Values on
            Business Days other than the Term Start Date or Term End Date &#160;for each Index Option with the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy. <font style="font-style:italic;font-weight:bold;">The Index Options
              with the Index Protection Strategy with DPSC and Index Protection Strategy with Cap and the AZL Government Money Market Fund are not subject to the Daily Adjustment.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Daily Adjustment can affect the amounts available for
            withdrawal, annuitization, payment of the death benefit, and the Contract Value used to determine the Charge Base and contract maintenance charge. The Daily Adjustment can be positive or negative. When the Daily Adjustment is positive, your
            Index Option Value has increased since the Term Start Date. When it is negative, your Index Option Value has decreased (excluding the effect of the deduction of Contract expenses or any partial withdrawal).</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We calculate the Daily Adjustment for a given Business Day before
            we deduct any Contract fees or expenses or process any partial withdrawal on that Business Day, including Penalty-Free Withdrawals. However, the Daily Adjustment calculation is not affected by any Contract fee or expense deduction, or partial
            withdrawal. <font style="font-weight:bold;">Penalty-Free Withdrawals</font> are withdrawals you take under the free withdrawal privilege or waiver of withdrawal charge benefit, and payments you take under our minimum distribution program.
            Penalty-Free Withdrawals taken from the Index Options&#160;are not subject to a withdrawal charge. The Daily Adjustment does not change the Contract fee or expense deducted, or the withdrawal amount; it only changes the Index Option Value from which
            we deduct the Contract fee or expense, or withdrawal.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Daily Adjustment approximates the Index Option Value that
            will be available on the Term End Date. It is the estimated present value of the future Performance Credit that we will apply on the Term End Date. The Daily Adjustment takes into account:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-left:2.02%;margin-top:2pt;width:97.98%;" id="zb0aaf54b46f84e24aee1913e8c772357">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Daily Adjustment does this by using the hypothetical value of
            a Proxy Investment <font style="font-weight:bold;">(Proxy Value)</font> each Business Day, other than the Term Start Date or Term End Date, based on the formulas described in Appendix B. The <font style="font-weight:bold;">Proxy Investment</font>
            provides a current estimated present value of what the Performance Credit will be on the Term End Date taking into account the applicable Buffer, Floor, Precision Rate, Cap, and/or Participation Rate. The Daily Adjustment is not the actual
            Index return on the day of the calculation, and the estimated present value Performance Credit is not guaranteed. Therefore, the Daily Adjustment could result in a loss beyond the protection of the Buffer or Floor.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">A withdrawal taken during the Term may not receive the full
            benefit of the Buffer or Floor because the Daily Adjustment takes into account what may potentially happen between the withdrawal date and the Term End Date. All other factors being equal, even if the current Index return during the Term is
            greater than the Precision Rate or Cap, the Daily Adjustment will usually be lower than the Precision Rate or Cap. This is because there is a possibility that the Index return could decrease before the Term End Date. Similarly, even though a
            negative Index return may be within the amount of the Buffer for the Index Precision Strategy and Index Performance Strategy, you still may receive a negative Daily Adjustment because there is a possibility that the Index Return could decrease
            before the Term End Date. The Daily Adjustment for 3-year and 6-year Term Index Options may be more negatively impacted by changes in the expected volatility of Index prices than 1-year Term Index Options due to the difference in Term length.
            Also, the risk of a negative Daily Adjustment</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;25&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_13"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">is greater for 3-year and 6-year Term Index Options than 1-year Term Index Options
            due to the Term length. 3-year and 6-year Term Index Options with a Participation Rate above 100% may also have larger fluctuations in the Daily Adjustment than Index Options either without a Participation Rate, or with a&#160;Participation Rate
            equal to 100%. Finally, a negative Index return for the Index Guard Strategy may result in you receiving a Daily Adjustment lower than the Floor, because the Daily Adjustment reflects the present value of the Floor and you will not receive the
            full benefit of the Floor until the Term End Date.<font style="font-style:italic;font-weight:bold;"> A negative Daily Adjustment may cause you to realize loss of principal or previous earnings.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Daily Adjustment&#8217;s risks are discussed in more detail in Risk
            Factors &#8211; Risk of Negative Returns. The specific details of the Daily Adjustment formula are described in Appendix B and in Exhibit 99(b) of the Form S-1 Registration Statement filed with the SEC, of which this prospectus is a part. This
            information is incorporated by reference into this prospectus. You can obtain a copy of Exhibit 99(b) by calling (800) 624-0197, or visiting our website at www.allianzlife.com.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">What is the Performance Lock?</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">For each Index Option with the Index Precision Strategy, Index
            Guard Strategy, and Index Performance Strategy, you can capture the current Index Option Value (which includes the Daily Adjustment) on any Business Day during the Term through our Performance Lock feature. You (or your Financial Professional,
            if authorized) can request Performance Locks based on the Daily Adjustment. On our website the Daily Adjustment is included in the Index Option Value return figures. Additionally, you can transfer assets out of a 3-year or 6-year Term Index
            Option before the Term End Date by executing a Performance Lock on or before the second Index Anniversary of a 3-year Term, or on or before the fifth Index Anniversary of a 6-year Term. The Business Day that we execute a Performance Lock is the
            <font style="font-weight:bold;">Lock Date</font> for that Index Option.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z676dfea603d34da88e52d1e32901f695">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">How Does the Income Benefit Work?</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Income Benefit is automatically included in your Contract at
            issue and provides guaranteed lifetime Income Payments until annuitization. Unlike Annuity Payments, the Income Benefit allows access to your Contract Value and death benefit for a period of time after Income Payments begin. However, once
            Income Payments begin only the Index Options with the Index Protection Strategy with DPSC and Index Protection Strategy with Cap are available to you. The Income Benefit has a rider fee as discussed in the Fee Tables, and section 6, Expenses.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you no longer want or need the benefits provided by the Income
            Benefit, you can remove it from your Contract on or after the third Index Anniversary and before Income Payments begin if your Contract Value is positive. If you remove the Income Benefit, we stop assessing the Income Benefit rider fee. You
            cannot remove the Income Benefit on or after the&#160;Income Benefit Date&#160;(the date&#160;you begin receiving Income Payments and the Income Period begins).&#160;<font style="font-style:italic;font-weight:bold;">If you remove the Income Benefit you will have
              paid for the benefit without receiving any of its advantages.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We designed Income Payments to last for the lifetime of the <font style="font-weight:bold;">Covered Person(s)</font>. Covered Person(s) are based on the Eligible Person(s) and the Income Payment type you select on the Income Benefit Date. We establish <font style="font-weight:bold;">Eligible Person(s)</font>
            at issue based on the Contract&#8217;s ownership and tax qualification status.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We generally base Income Payments on the Lifetime Income
            Percentage and your Contract Value. However, if you choose the Level Income payout option and meet certain age requirements, your initial Income Payment will not be less than a percentage (Level Income Guarantee Payment Percentage) of your
            total Purchase Payments adjusted for withdrawals.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We base each Lifetime Income Percentage on its <font style="font-weight:bold;">Income Percentage(s)</font> and <font style="font-weight:bold;">Income Percentage Increase</font> (the amount that each Income Percentage can increase on each Index Anniversary up to and including the Income Benefit
            Date). On the Index Effective Date we establish:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z929a17427d7e45478fc23bd928870b33">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">An
                    Income Percentage for each payment type using the Eligible Person&#8217;s current age, or younger Eligible Person&#8217;s current age for joint payments. This Income Percentage is also the initial Lifetime Income Percentage for each payment type. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">An Income Percentage Increase for each Eligible Person based on their current age (or younger Eligible Person&#8217;s current age for joint payments). However, if there are two Eligible Person(s) the Index
                    Options Statement will not display a single Lifetime Income Percentage for an Eligible Person who is only a Beneficiary, because only an Eligible Person who is also an Owner (or Annuitant if the Owner is a non-individual) can become a
                    Covered Person if you select single payments. </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;26&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_14"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">During the Accumulation Phase on each Index Anniversary on and
            before the Income Benefit Date, we add an Income Percentage Increase to each Lifetime Income Percentage once the Eligible Person (or younger Eligible Person for joint payments) reaches age 45. <font style="font-style:italic;font-weight:bold;">This
              means if an Eligible Person is younger than age 44 on the Issue Date:</font></div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="zff0631d3f4b64da397a8e04c9057c8cc">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">you will
                    not receive an increase to a Lifetime Income Percentage based on that Eligible Person until the Index Anniversary that the Eligible Person (or younger Eligible Person for joint payments) reaches age 45, and </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">you will pay a rider fee during the period you are not eligible for an Income Percentage Increase. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The table showing the Income Percentages and Income Percentage
            Increases is stated in the Income Benefit Supplement. Additional Purchase Payments we receive after the Index Effective Date will adjust each Lifetime Income Percentage on the next Index Anniversary based on:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z8360b2bc82bb456ca0ba5054894298ab">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">the
                    Income Percentage for the Eligible Person&#8217;s current age, and </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">the Variable Account Value&#8217;s percentage of total Contract Value. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If we receive additional Purchase Payments after the Eligible
            Person reaches age 45, these Purchase Payments will increase the available Income Payment because they increase the Contract Value, although they actually decrease each Lifetime Income Percentage. An example of this is included in section 9,
            Lifetime Income Percentage Calculation Example.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Then when you are ready to take Income Payments, you can choose
            which Lifetime Income Percentage we use to calculate your payment. You will always be able to choose between Lifetime Income Percentages for the Level Income and Increasing Income payment options. If there are two Eligible Person(s) who both
            meet the exercise age requirements, you will also be able to choose between Lifetime Income Percentages for single and joint payments. If both Eligible Persons are also Owners, you will also be able to choose between single Lifetime Income
            Percentages based on each Eligible Person. The Lifetime Income Percentages available before the Income Benefit Date are displayed on the Index Options Statement. During the Income Period this statement will show the annual maximum Income
            Payment available for the next year. The annual maximum Income Payment displayed for the Level Income payout option will reflect the Level Income Guarantee Payment Percentage if this calculation results in a greater payment and you meet the age
            requirements stated in section 9, Calculating Your Income Payments.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">There are restrictions on which Eligible Person can become a
            Covered Person if you select single Income Payments, and joint Income Payments may not be available if the age difference between spouses is too great, as stated in section 2, Eligible Person(s) and Covered Person(s).</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Income Payments are not available until the Index Anniversary
            that occurs on or after the Income Payment waiting period (which is stated in the Income Benefit Supplement) expires and the Eligible Person(s) reaches age 50. Income Payments must begin no later than age 100. <font style="font-style:italic;font-weight:bold;">If you do not begin Income Payments during the eligibility period, the Income Benefit ends and you will have paid for the benefit without receiving any of its advantages. In addition, before the
              Income Period you are paying for a benefit that you are not currently using.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You choose your Income Payment frequency and amount subject to
            the annual maximum permitted payment. The payment option (Level Income or Increasing Income) you select determines how and when your annual maximum Income Payment will increase from one Income Benefit Anniversary to the next as described in
            section 9, Income Benefits - Automatic Annual Income Payment Increases. An <font style="font-weight:bold;">Income Benefit Anniversary</font> is a twelve-month anniversary of the Income Benefit Date that Income Payments begin.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Once established, the annual maximum Income Payment can only
            decrease if you take an Excess Withdrawal. An&#160;<font style="font-weight:bold;">Excess Withdrawal&#160;</font>is the amount of any withdrawal you take while you are receiving Income Payments that, when added to other withdrawals (including your
            scheduled Income Payments) taken during the Income Benefit Year, is greater than your annual maximum permitted Income Payment.&#160; An&#160;<font style="font-weight:bold;">Income Benefit Year</font>&#160;is a period of twelve months beginning on the Income
            Benefit Date or any subsequent Income Benefit Anniversary. <font style="font-style:italic;font-weight:bold;">Taking Excess</font> <font style="font-style:italic;font-weight:bold;">Withdrawals</font> <font style="font-style:italic;font-weight:bold;">can cause your Income Payments and Contract to end prematurely.</font></div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z83f1c6b0a0444535b4576255ff03cbf4">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; <font style="font-style:italic;font-weight:bold;">YOU SHOULD NOT PURCHASE THIS CONTRACT WITHOUT FIRST OBTAINING THE CURRENT INCOME BENEFIT SUPPLEMENT.</font> <font style="font-weight:bold;">We publish any changes to the Income Benefit
                      Supplement at least seven calendar days before they take effect on our website at www.allianzlife.com/indexincomerates</font>. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; <font style="font-weight:bold;">Income

                      Payments are based on Contract Value, not a guaranteed value</font>. Decreases in Contract Value due to negative Index performance during the Accumulation Phase up to and including the Income Benefit Date, deductions for Contract fees
                    and expenses, and withdrawals, also decrease the Income Payment amount available to you. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194; <font style="font-weight:bold;">Please discuss the Income Benefit&#8217;s appropriateness with your Financial Professional and tax adviser</font>. </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:8pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;27&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_15"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">What Happens During the Income Period?</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z2251a9528d9e46c4a04c20d7d8ae521d">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">You
                    will receive Income Payments as long as a Covered Person is alive and continues to meet the requirements stated in section 2. However, <font style="font-weight:bold;">Income Payments and the Income Benefit may end prematurely if you:</font>
                  </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-left:2.83%;margin-top:3pt;width:97.17%;" id="zd255f9fe6d6748c384d694da5e961ce0">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.92%;">&#8211;&#8194; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.08%;">change
                    the Owner(s) or Beneficiary and all Covered Persons are removed from the Contract because they no longer meet the requirements stated in section 2, </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.92%;">&#8211;&#8194; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.08%;">take
                    Excess Withdrawals, or </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.92%;">&#8211;&#8194; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.08%;">you annuitize your Contract. However, <font style="font-weight:bold;">we can convert your Income Payment to Annuity Payments as described in section 8, The Annuity Phase &#8211; When Annuity Payments Begin.</font>
                  </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zffad3c49b84e46d9bee7ade1b57ba4b6">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If you
                    begin Income Payments before age 59<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8202;1</sup>&#8260;<font style="font-size:6pt;line-height:8pt;">2</font>, the payments will generally be subject to a 10%
                    additional federal tax. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Any
                    part of your annual maximum Income Payment that you do not withdraw in a given Income Benefit Year remains in your Contract for the remainder of that year, but is not added to the annual maximum payment available next year. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Excess
                    Withdrawals reduce your annual maximum Income Payment by the percentage of Contract Value withdrawn (including any withdrawal charge) on the next Income Benefit Anniversary. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">You
                    cannot make additional Purchase Payments&#160;and any active automatic investment plan ends. If your Contract includes the Traditional Death Benefit your Guaranteed Death Benefit Value no longer increases. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                    Contract Value continues to fluctuate as a result of Index Option performance. However, only the Index Protection Strategy with DPSC and Index Protection Strategy with Cap are available to you. This may limit your Contract&#8217;s performance
                    potential, and if your Contract includes the Maximum Anniversary Value Death Benefit, this may also limit your Guaranteed Death Benefit Value. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                    Contract Value decreases on a dollar for dollar basis with each Income Payment, Excess Withdrawal, and any Contract expenses we deduct. If your Contract includes the Maximum Anniversary Value Death Benefit, this also reduces the
                    likelihood of locking in investment gains to your Guaranteed Death Benefit Value. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Each
                    Income Payment and any Excess Withdrawal also reduces your Guaranteed Death Benefit Value by the percentage of Contract Value withdrawn (including any withdrawal charge)<font style="font-style:italic;font-weight:bold;">, which means
                      this value may be reduced by more than the amount withdrawn</font>. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                    Income Benefit rider fee continues until the Business Day the Contract Value reduces to zero, you annuitize the Contract, or the Income Benefit ends. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If your
                    Contract also includes the Maximum Anniversary Value Death Benefit, its rider fee continues as indicated in section 6, Expenses. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                    free withdrawal privilege is no longer available&#160;and any systematic withdrawal program ends. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">If your Contract Value reduces to zero during the Income Period for any reason other than an Excess Withdrawal or annuitization that does not convert your Income Payments to Annuity Payments, you will
                    continue to receive your maximum available Income Payment at the previous selected payment frequency until the earlier of the death of the Owner or last surviving Covered Person. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold; line-height: 13pt; margin-top: 9pt; text-decoration: none; text-transform: none;">An example of the effect of an Excess Withdrawal on the Guaranteed
            Death Benefit Value and the annual maximum Income Payment is included in section 9, Income Benefit &#8211; Excess Withdrawals.</div>
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;">Risk Factors</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Contract involves certain risks that you should understand
            before purchasing. You should carefully consider your income needs and risk tolerance to determine whether the Contract is appropriate for you. The level of risk you bear and your potential investment performance will differ depending on the
            Index Options you choose.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Liquidity Risks</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We designed the Contract to be a long-term investment that you
            can use to help build and provide income for retirement. The Contract is not suitable for short-term investment.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you need to take assets from your Contract during the
            withdrawal charge period, we deduct a withdrawal charge unless the withdrawal is a Penalty-Free Withdrawal. While Penalty-Free Withdrawals provide some liquidity, they are permitted in only limited amounts or in special circumstances. If you
            need to withdraw most or all of your Contract Value in a short period, you may exceed the Penalty-Free Withdrawal amounts available to you and incur withdrawal charges. (For more information on the withdrawal charge, see the Fee Tables and
            section 6, Expenses &#8211; Withdrawal Charge.)</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021.</div>
        </div>
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      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_16"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We calculate the withdrawal charge as a percentage of your
            Purchase Payments, not Contract Value. Consequently, if the Contract Value has declined since you made a Purchase Payment, it is possible the percentage of Contract Value withdrawn to cover the withdrawal charge would be greater than the
            withdrawal charge percentage. For example, assume you buy the Contract with a single Purchase Payment of $1,000. If your Contract Value in the 5th year is $800 and you take a full withdrawal a 5% withdrawal charge applies. The total withdrawal
            charge would be $50 (5% of $1,000). This results in you receiving $750.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">In addition, upon a full withdrawal we assess a withdrawal charge
            against Purchase Payments that are still within their withdrawal charge period and were previously withdrawn as a Penalty-Free Withdrawal. <font style="font-weight:bold;">This means that upon a full withdrawal, we may assess a withdrawal
              charge on more than the amount withdrawn. In addition, if the Contract Value has declined due to poor performance, the withdrawal charge may be greater than the total Contract Value and you will not receive any money.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Amounts withdrawn from this Contract may also be subject to a 10%
            additional federal tax if taken before age 59<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#160;1</sup>&#8260;<font style="font-size:6pt;line-height:8pt;">2</font>.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We only apply Credits to the Index Options once each Term on the
            Term End Date, rather than on a daily basis. In the interim, we calculate Index Option Values based on the Daily Adjustment&#160;for each Index Option with the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy. However,
            Daily Adjustments do not apply to any Index Option with the Index Protection Strategy with DPSC or Index Protection Strategy with Cap. Any assets removed from an Index Option during the Term for withdrawals you take&#160;(including Income Payments),
            Annuity Payments, or Contract fees and expenses we deduct, or to amounts you choose to have us withdraw to pay financial adviser fees from this Contract, or if we pay a death benefit, will not be eligible to receive a Credit on the Term End
            Date. These removed assets will not receive the full benefit of the Index Value and Index Return that would have been available on the Term End Date, or the full benefit of any Buffer or Floor. You will receive a Credit only on the Index Option
            Value remaining in an Index Option on the Term End Date.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You may transfer Index Option Values among the Index Options only
            on the Term End Date. At other times, you can only move assets out of an Index Option by taking partial withdrawals, surrendering the Contract, or entering the Annuity Phase. Additionally, you can transfer assets out of a 3-year or 6-year Term
            Index Option before the Term End Date by executing a Performance Lock on or before the second Index Anniversary of a 3-year Term, or on or before the fifth Index Anniversary of a 6-year Term. These restrictions may limit your ability to react
            to changes in market conditions. You should consider whether investing in an Index Option is consistent with your financial needs.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Income Benefit Risks</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Income Benefit is automatically included in the Contract for
            an additional rider fee, but you can remove it after three years if Income Payments have not begun.&#160;<font style="font-style:italic;font-weight:bold;">If you remove the Income Benefit you will have paid for the benefit without receiving any of
              its advantages.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We generally base Income Payments on the Lifetime Income
            Percentage you select and your Contract Value, <font style="font-style:italic;font-weight:bold;">not a guaranteed value.</font> Decreases in Contract Value due to negative Index performance during the Accumulation Phase up to and including the
            Income Benefit Date, deductions for Contract fees and expenses, and withdrawals, also decrease the Income Payment amount available to you.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you choose the Level Income payout option and meet the age
            requirements stated in section 9, Calculating Your Income Payments, your initial annual maximum Income Payment will not be less than the Level Income Guarantee Payment Percentage multiplied by your total Purchase Payments adjusted for
            withdrawals. However, the Level Income Guarantee Payment Percentage is not available to you under the Level Income payment option if you do not meet the age requirements stated in section 9, or if you choose Increasing Income payment option.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Income Payments made while your Contract Value is positive are a
            withdrawal of your own assets and reduce your Contract Value. If your Contract Value remains above zero when the Income Payments end, you may not realize a benefit from the Income Benefit; the chances of your Contract Value being reduced to
            zero may be minimal.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We also base Income Payments on the Eligible Person(s) that we
            establish at issue. If you change Owners or Beneficiary(s), we may remove an Eligible Person or Covered Person as stated in section 2, <font style="font-style:italic;font-weight:bold;">which may cause Income Payments to be unavailable or end
              prematurely.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We use the age of the Eligible Person(s) to determine the Income
            Percentage(s) and Income Percentage Increases. Income Percentage Increases are not available until age 45. This means if an Eligible Person is younger than age 44 on the Issue Date, <font style="font-style:italic;font-weight:bold;">you will
              not receive an increase to a Lifetime Income Percentage based on that Eligible Person until the Index</font></div>
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          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021.</div>
        </div>
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      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_17"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
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          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold; line-height: 12pt; text-decoration: none; text-transform: none;">Anniversary that the Eligible Person (or younger Eligible Person for joint payments)
            reaches age 45, and you will pay a rider fee during the period you are not eligible for an Income Percentage Increase.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The eligibility period to begin Income Payments is subject to a
            waiting period and both a minimum and maximum age requirement for the Eligible Person(s). For single Income Payments we only allow an Eligible Person who is an Owner to become a Covered Person, and joint Income Payments may not be available if
            the age difference between spouses is too great, as stated in section 2, Eligible Person(s) and Covered Person(s). <font style="font-style:italic;font-weight:bold;">If you do not begin Income Payments during the eligibility period, the Income
              Benefit ends and you will have paid for the benefit without receiving any of its advantages.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">In addition, if you have Contract Value in a 3-year or&#160;6-year
            Term Index Option when you begin Income Payments and the Income Benefit Date is not a Term End Date, we will execute a Performance Lock for that Index Option if it is not locked and then immediately calculate and begin your Income Payments.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The initial annual maximum Income Payment available to you must
            be at least $100. If your Contract Value on the Income Benefit Date is reduced and this $100 minimum cannot be met, <font style="font-style:italic;font-weight:bold;">the Income Benefit ends and you will have paid for the benefit without
              receiving any of its advantages. Income Payments and the Income Benefit may also end prematurely if you take Excess Withdrawals, or you annuitize the Contract.</font> However, we can convert your Income Payment to Annuity Payments as
            described in section 8, The Annuity Phase &#8211; When Annuity Payments Begin.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">For more information on the Income Benefit and Income Payments,
            see &#8220;How Does the Income Benefit Work?&#8221; and &#8220;What Happens During the Income Period?&#8221; in the Summary; and section 9.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Risk of Change to the Income Benefit Supplement Prior to the
            Issue Date</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Income Payment waiting period and the table showing the
            Income Percentages and Income Percentage Increases for your Contract and are stated in the Income Benefit Supplement that is in effect on the date you sign your application. We send you a copy of the Income Benefit Supplement when we issue the
            Contract. We cannot change these terms for your Contract once they are established. We publish any changes to these terms in an amended Income Benefit Supplement at least seven calendar days before they take effect on our website at
            www.allianzlife.com/indexincomerates. The amended Income Benefit Supplement is also filed on EDGAR at www.sec.gov under Form S-1 File Number 333-230901. You can contact us to receive the Income Benefit Supplement applicable to your Contract by
            calling our Service Center at the toll-free telephone number listed at the back of this prospectus.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can find historical Income Benefit Supplement values in
            Appendix F for benefits issued before April 30, 2021..</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Risks of Investing in Securities</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Returns on securities and securities Indexes can vary
            substantially, which may result in investment losses. The historical performance of the available Index Options and the AZL Government Money Market Fund does not guarantee future results. It is impossible to predict whether underlying
            investment values will fall or rise. Trading prices of the securities underlying the Index Options and the AZL Government Money Market Fund are influenced by economic, financial, regulatory, geographic, judicial, political and other complex and
            interrelated factors. These factors can affect capital markets generally and markets on which the underlying securities are traded and these factors can influence the performance of the underlying securities.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Option returns depend on the performance of an Index
            although you are not directly invested in the Index. Because the S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index, Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index, Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index, EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> and iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI Emerging Markets ETF are each
            comprised of a collection of equity securities, in each case the value of the component securities is subject to market risk, or the risk that market fluctuations may cause the value of the component securities to go up or down, sometimes
            rapidly and unpredictably. In addition, the value of equity securities may decline for reasons directly related to the issuers of the securities.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index<font style="font-weight:Normal;">. The S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
              Index is comprised of equity securities issued by large-capitalization U.S. companies. In general, large-capitalization companies may be unable to respond quickly to new competitive challenges, and also may not be able to attain the high
              growth rate of successful smaller companies.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index<font style="font-weight:Normal;">. The Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
              Index is comprised of equity securities of small-capitalization U.S. companies. In general, the securities of small-capitalization companies may be more volatile and may involve more risk than the securities of larger companies.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index<font style="font-weight:Normal;">. The Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
              Index is comprised of equity securities of the largest U.S. and non-U.S. companies listed on The Nasdaq Stock Market, including companies across all major industry groups except the financial industry. To</font></div>
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          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021.</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;30&#160;</div>
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      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_18"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
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          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">the extent that the Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index is comprised of securities issued by companies in a particular sector, that company&#8217;s securities may not perform as well as companies in other
            sectors or the market as a whole. Also, any component securities issued by non-U.S. companies (including related depositary receipts) are subject to the risks related to investments in foreign markets (e.g., increased price volatility; changing
            currency exchange rates; and greater political, regulatory, and economic uncertainty).</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup><font style="font-weight:Normal;">. EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> is
              comprised of the equity securities of large-capitalization companies in the Eurozone. The securities comprising EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> are subject to the
              risks related to investments in foreign markets (e.g., increased price volatility; changing currency exchange rates; and greater political, regulatory, and economic uncertainty), and are significantly affected by the European markets and
              actions of the European Union.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI Emerging Markets ETF<font style="font-weight:Normal;">. The iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI Emerging Markets ETF seeks to track the investment results of the MSCI Emerging Markets Index, which is designed to measure equity market
              performance in the global emerging markets. The underlying index may include large-and mid-capitalization companies. iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI Emerging
              Markets ETF is an exchange-traded fund. The performance of the iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI Emerging Markets ETF may not replicate the performance of, and may
              underperform the underlying index. The price of the iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI Emerging Markets ETF will reflect expenses and fees that will reduce its
              relative performance. Moreover, it is also possible that the iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI Emerging Markets ETF may not fully replicate or may, in certain
              circumstances, diverge significantly from the performance of the underlying index.</font></div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="zae5a522622864102a465975a985e14ad">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Risk of Negative Returns</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The AZL Government Money Market Fund does not provide any
            protection against negative returns. <font style="font-style:italic;font-weight:bold;">You can lose principal and previous earnings for Purchase Payments held in the AZL Government Money Market Fund and such losses could be significant.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you allocate Purchase Payments or transfer Contract Value to
            an Index Option with the Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy, negative Index Returns may cause Performance Credits to be either negative after application of the Buffer or negative down to the amount of
            the Floor. For the Index Performance Strategy, we apply the Buffer for the entire Term length; we do not apply the Buffer annually on a 3-year or&#160;6-year Term Index Option. Ongoing Contract fees and expenses (including withdrawal charges) could
            also cause amounts available for withdrawal to be less than what you invested even if Index performance has been positive. <font style="font-style:italic;font-weight:bold;">You can lose principal and previous earnings if you allocate Purchase
              Payments or transfer Contract Value to the Index Options with the Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy, and such losses could be significant. If you allocate Purchase Payments or transfer Contract
              Value to the Index Options with the Index Protection Strategy with DPSC or Index Protection Strategy with Cap you can also lose principal and previous earnings if you do not receive the DPSC or Protection Credit, or if the Contract fees and
              expenses are greater than the DPSC or Protection Credit.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you select an Index Option with the Index Precision Strategy,
            Index Guard Strategy, or Index Performance Strategy, we calculate Index Options Values for these Index Options on each Business Day during a Term (other than the Term Start Date or Term End Date) by adding the Daily Adjustment. The Daily
            Adjustment affects the total Contract Value available for withdrawal, annuitization, and death benefits, and it affects how we determine the contract maintenance charge and Charge Base for the product and rider fees. The Daily Adjustment can be
            less than the Precision Rate or Cap even if the current Index return during the Term is greater than the Precision Rate or Cap. In addition, even though the current Index return during the Term may be positive, the Daily Adjustment &#160;for each
            Index Option with the Index Precision Strategy,</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021.</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;31&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_19"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">Index Guard Strategy, and Index Performance Strategy may be negative due to
            changes in Proxy Value inputs, such as volatility, dividend yield, and interest rate. The Daily Adjustment is generally negatively affected by:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="ze8ede0f78ec24b6c8c54af616702a6bf">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">interest
                    rate decreases, </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">dividend
                    rate increases, </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">poor
                    market performance, and </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">the expected volatility of Index prices. Increases in the expected volatility of&#160;Index prices negatively affect the Index Precision Strategy and Index Performance Strategy with&#160;1-year Terms, while
                    decreases in the expected volatility of&#160;Index prices&#160;negatively&#160;affect the Index Guard Strategy. For&#160;the Index Performance Strategy with 3-year and 6-year&#160;Terms, and Index Protection Strategy with Cap, the impact of changes in the
                    expected volatility of Index prices is dependent on the market environment and the applicable Caps and Participation Rates. For&#160;the Index Protection Strategy with DPSC, the impact of changes in the expected volatility of Index prices is
                    dependent on the market environment. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The Daily Adjustment for 3-year and 6-year Term Index Options may
            be more negatively impacted by changes to interest rates, dividend rates, market performance and the expected volatility of Index prices than 1-year Term Index Options because the longer Term length amplifies the impact of these market
            parameters on the expected Index Option Value at the Term End Date. The impact of the Cap and Buffer on the Daily Adjustment for a 1-year Term Index Option is greater than it is for a 3-year or&#160;6-year Term Index Option because we apply the Cap
            and Buffer for the entire Term length, and the Term length is shorter for a 1-year Term. In addition, 3-year and 6-year Term Index Options with a Participation Rate above 100% may also have larger fluctuations in the Daily Adjustment than Index
            Options either without a Participation Rate, or with a&#160;Participation Rate equal to 100%.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you take a withdrawal from an Index Option with the Index
            Precision Strategy, Index Guard Strategy, or Index Performance Strategy before the Term End Date, <font style="font-weight:bold;">you could lose principal and previous earnings because of the Daily Adjustment </font><font style="font-style:italic;font-weight:bold;">even if Index performance is positive on that day or has been positive since the Term Start Date</font><font style="font-weight:bold;">. If the current Index return during the Term is negative, the
              Daily Adjustment for these Index Options could result in losses greater than the protection provided by the Buffer or Floor.</font></div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Risks Associated with Calculation of Credits</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We calculate Credits each Term on the Term End Date. Because we
            calculate Index Returns only on a single date in time, you may experience negative or flat performance even though the Index you selected for a given Crediting Method experienced gains through some, or most, of the Term. If you allocate
            Purchase Payments or transfer Contract Value to the Index Options with Index Protection Strategy with DPSC or Index Protection Strategy with Cap, positive returns are limited by the DPSCs and Caps. You are not subject, however, to potential
            negative Credits. The Precision Rates on the Index Options with Index Precision Strategy, and the Caps on the Index Options with Index Guard Strategy and Index Performance Strategy also limit positive returns and could cause performance to be
            lower than it would otherwise have been if you invested in a mutual fund or exchange-traded fund designed to track the performance of the applicable Index. For the Index Performance Strategy, we apply the Cap and any Participation Rate for the
            entire Term length; we do <font style="font-weight:bold;text-decoration:underline;">not</font> apply the Cap and any Participation Rate annually on a 3-year or&#160;6-year Term Index Option.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Index Options do not directly participate in the returns of
            the Indexes or the Indexes&#8217; component securities, and do not receive any dividends payable on these securities. Index returns would be higher if they included the dividends from the component securities. The past ten years of actual average of
            the annual Index returns without and with dividends would have been as follows:</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:100%;" id="z831b4b0479544b25b73b8ee7d89437c3">

                <tr style="page-break-inside:avoid;">
                  <td style="line-height:10pt;padding-bottom:2.5pt;padding-right:6pt;text-align:center;vertical-align:bottom;width:33.52%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:6pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:bottom;width:67.70%;" colspan="9">January 1, 2011 through December 31, 2020 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:6pt;padding-top:2pt;text-align:center;vertical-align:bottom;width:33.52%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:6pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:7.98%;">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup><br>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:6pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:6pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.65%;">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup><br>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:6pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:6pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.40%;">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup><br>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:6pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:6pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.27%;">EURO<br>
                    STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:6pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:6pt;padding-top:2pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:bottom;width:20.39%;">iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI<br>
                    Emerging Markets ETF </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:33.52%;">Returns without dividends </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:16pt;padding-right:6pt;padding-top:2pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:7.98%;">12.15% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:16pt;padding-right:6pt;padding-top:2pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.65%;">20.28% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:16pt;padding-right:6pt;padding-top:2pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.40%;">10.65% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:16pt;padding-right:6pt;padding-top:2pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.27%;">3.22% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:16pt;padding-top:2pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:20.39%;">2.27% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:0pt;padding-right:6pt;padding-top:1.25pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:33.52%;">Returns with dividends </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:16pt;padding-right:6pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:7.98%;">14.45% </td>
                  <td style="line-height:0pt;padding-bottom:6pt;padding-right:6pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:16pt;padding-right:6pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.65%;">21.66% </td>
                  <td style="line-height:0pt;padding-bottom:6pt;padding-right:6pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:16pt;padding-right:6pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.40%;">12.17% </td>
                  <td style="line-height:0pt;padding-bottom:6pt;padding-right:6pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:16pt;padding-right:6pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.27%;">7.09% </td>
                  <td style="line-height:0pt;padding-bottom:6pt;padding-right:6pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:16pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:20.39%;">4.38% </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">DPSCs, Precision Rates, Caps, and Participation Rates may be
            adjusted on the next Term Start Date and may vary significantly from Term to Term. Changes to DPSCs, Precision Rates, Caps, and Participation Rates may significantly affect the amount of Credit you receive. For more information, see the
            &#8220;Changes to Declared Protection Strategy Credits (DPSCs), Precision Rates, Caps, Participation Rates, Buffers, and Floors&#8221; discussion later in this section.</div>
        </div>
        <div style="margin-top:9pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021.</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;32&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_20"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Crediting Methods only capture Index Values on the Term Start
            Date and Term End Date, so you will bear the risk that the Index Value might be abnormally low on these days.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Risks Associated with Performance Locks</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If a Performance Lock is executed:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zcdb50de01616421bbe5316ad6895a529">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Substitution of an Index</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">There is no guarantee that the Indexes will be available during
            the entire time that you own your Contract. If we substitute a new Index for an existing Index, the performance of the new Index may be different and this may affect your ability to receive positive Credits. We may substitute a new Index for an
            existing Index if:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zb40551da3f2f43379b127f7acb1c3b11">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If we add or substitute an Index, we first seek any required
            regulatory approval (from each applicable state insurance regulator) and then provide you with written notice. We also provide you with written notice if an Index changes its name. Substitutions of an Index may occur during a Term. If we
            substitute an Index during a Term we will combine the return of the replaced existing Index from the Term Start Date to the substitution date with the return of the new Index from the substitution date to the Term End Date. If we substitute an
            Index during a Term:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z496b0e8820bc44bcabd9fa4aa2d5a4d1">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Changes to DPSCs, Precision Rates, Caps, and Participation Rates
            associated with the new Index, if any, may occur at the next regularly scheduled Term Start Date. Depending on the constitution of the replaced Index, the volatility of its investments, and our ability to hedge the Index&#8217;s performance, we may
            determine, in our discretion, to increase or decrease renewal DPSCs, Precision Rates, Caps, and Participation Rates associated with the new Index. However, we would not implement any change to reflect this difference until the next Term Start
            Date after the substitution. For any Index Option with the Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy, the substitution of an Index during a Term may result in an abnormally large change in the Daily
            Adjustment on the day we substitute the Index.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The selection of a substitution Index is in our discretion;
            however, it is anticipated that any substitute Index will be substantially similar to the Index it is replacing and we will replace any equity Index with a broad-based equity index.</div>
        </div>
        <div style="margin-top:30pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021.</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;33&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_21"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Changes to Declared Protection Strategy Credits (DPSCs),
            Precision Rates, Caps, Participation Rates, Buffers, and Floors</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We establish Buffers, Floors, and initial and renewal DPSCs,
            Precision Rates, Caps, and Participation Rates as indicated under &#8220;When Does Allianz Establish the Values Used to Determine Index Credits?&#8221; in the Summary section. This section also includes information on where to find information on initial
            and renewal DPSCs, Precision Rates, Caps, and Participation Rates, and the notice we provide you of renewal changes on each Index Anniversary.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">On each Term End Date you have the option of remaining allocated
            to your current Index Options at the renewal DPSCs, Precision Rates, Caps, and Participation Rates&#160;that we set on the next Term Start Date, or transferring to another permitted Index Option. If you do not review renewal change information when
            it is published, or take no action to transfer to another permitted Index Option, you will remain allocated to your current Index Options and will automatically become subject to the renewal DPSCs, Precision Rates, Caps, and Participation Rates
            until the next Term End Date.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You risk the possibility that the renewal DPSCs, Precision Rates,
            Caps, and Participation Rates you receive may be less than you would find acceptable. If you do not find the renewal rates acceptable, you must give us transfer instructions no later than the close of the Business Day on the Term End Date (or
            the next Business Day if the Term End Date is a non-Business Day) or you will be subject to these renewal DPSCs, Precision Rates, Caps, and Participation Rates for the next Term. When your renewal rates change the only option available to you
            is to transfer Index Option Value between Index Options.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Initial and renewal DPSCs, Precision Rates, Caps, and
            Participation Rates may vary significantly depending upon a variety of factors, including:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z7286000ebe4e46b38b48000128214ee0">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The effect of a change in interest rates or other market
            conditions may not be direct or immediate. There may be a lag in changes to DPSCs, Precision Rates, Caps, and Participation Rates. In a rising interest rate environment, increases in DPSCs, Precision Rates, Caps, and Participation Rates, if
            any, may be substantially slower than increases in interest rates.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We manage our obligation to provide Credits in part by trading
            call and put options, and other derivatives on the available Indexes. The costs of the call and put options and other derivatives vary based on market conditions, and we may adjust future renewal DPSCs, Precision Rates, Caps, and Participation
            Rates to reflect these cost changes. The primary factor affecting the differences in the initial DPSCs, Precision Rates, Caps, and Participation Rates for newly issued Contracts and renewal rates for existing Contracts is the difference in what
            we can earn from these investments for newly issued Contracts versus what we are earning on the investments that were made, and are being held to maturity, for existing Contracts. In some instances we may need to reduce both initial and renewal
            DPSCs, Precision Rates, Caps, and Participation Rates, or we may need to substitute an Index. You bear the risk that we may reduce DPSCs, Precision Rates, Caps, and Participation Rates, which reduces your opportunity to receive positive
            Credits. You also bear the risk that the Buffers and Floors for your Contract are small, which increases the risk that you could receive negative Performance Credits and incur losses.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Investment in Derivative Hedging Instruments</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Index Options are supported by bonds and other fixed income
            securities which are also used to support the Contract guarantees, cash, and derivative hedging instruments used to hedge the movements of the applicable Index.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">At Contract issue, we invest a substantial majority of the
            initial Contract Value in fixed income securities, with most of the remainder invested in derivative hedging instruments. The derivative hedging instruments are purchased to track and hedge Index movements and support our obligations with
            regard to the Index Options. The derivative hedging instruments we purchase include put options, call options, futures, swaps, and other derivatives.</div>
        </div>
        <div style="margin-top:6pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021.</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;34&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_22"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We currently limit our purchase of derivative hedging instruments
            to liquid securities. However, like many types of derivative hedging instruments, these securities may be volatile and their price may vary substantially. In addition, because we pay Credits regardless of the performance of derivative hedging
            instruments we purchase, we may incur losses on hedging mismatches or errors in hedging. Our experience with hedging securities may affect renewal DPSCs, Precision Rates, Caps, and Participation Rates for existing Contracts.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Our Financial Strength and Claims-Paying Ability</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We make Income Payments, Annuity Payments, and pay death benefits
            from our general account. Our general account assets are subject to claims by our creditors, and any payment we make from our general account is subject to our financial strength and claims-paying ability. We apply Credits from an unregistered,
            non-unitized, non-insulated separate account (<font style="font-weight:bold;">Separate Account IANA</font>). Like our general account, the assets in Separate Account IANA are subject to our general business operation liabilities and the claims
            of our creditors. For more information on Separate Account IANA, see section 12, Other Information &#8211; Our Unregistered Separate Account.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z1298962897094921b317d1b8d6a68928">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Regulatory Protections</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life is not an investment company and therefore we are
            not registered as an investment company under the Investment Company Act of 1940, as amended, and the protections provided by this Act are not applicable to the guarantees we provide. The Separate Account is, however, registered as an
            investment company. Any allocations you make to an Index Option are not part of the Separate Account. Allianz Life is not an investment adviser and so is not subject to the Investment Advisers Act of 1940, and does not provide investment advice
            to you in connection with your Contract.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Your Contract is registered in accordance with the Securities Act
            of 1933 and the offering of the Contract must be conducted in accordance with the requirements of this Act. In addition, the offer and sale of the Contract is subject to the provisions of the Securities Exchange Act of 1934.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Contract is filed with and approved by each state in which
            the Contract is offered. State insurance laws provide a variety of regulatory protections.</div>
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;">Fee Tables</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">These tables describe the fees and expenses you pay when
            purchasing, owning and taking a withdrawal from the Contract. For more information, see section 6, Expenses. These tables do not reflect any financial adviser fees that you pay from your other assets, or that you choose to have us pay from this
            Contract. If financial adviser fees were reflected, fees and expenses would be higher.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Owner Transaction Expenses</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Withdrawal Charge During Your Contract&#8217;s First Phase, the Accumulation
            Phase<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup><br>
            <font style="font-weight:Normal;">(as a percentage of each Purchase Payment withdrawn)<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup></font></div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:34.96%;" id="z6f115e2fb3fe46fba90b23790ee8563b">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:3pt;padding-left:0pt;padding-right:6pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:bottom;width:48.11%;">Number of Complete<br>
                    Years Since<br>
                    Purchase Payment </td>
                  <td style="line-height:0pt;padding-bottom:3pt;padding-right:6pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:3pt;padding-left:6pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:bottom;width:49.89%;">Withdrawal Charge<br>
                    Amount </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1.88pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:48.11%;">0 </td>
                  <td style="line-height:0pt;padding-right:6pt;padding-top:1.88pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-top:1.88pt;text-align:center;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:49.89%;">8.5% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:48.11%;">1 </td>
                  <td style="line-height:0pt;padding-right:6pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:12.84pt;padding-top:1pt;text-align:center;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:49.89%;">8% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:48.11%;">2 </td>
                  <td style="line-height:0pt;padding-right:6pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:12.84pt;padding-top:1pt;text-align:center;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:49.89%;">7% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:48.11%;">3 </td>
                  <td style="line-height:0pt;padding-right:6pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:12.84pt;padding-top:1pt;text-align:center;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:49.89%;">6% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:48.11%;">4 </td>
                  <td style="line-height:0pt;padding-right:6pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:12.84pt;padding-top:1pt;text-align:center;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:49.89%;">5% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:48.11%;">5 </td>
                  <td style="line-height:0pt;padding-right:6pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:12.84pt;padding-top:1pt;text-align:center;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:49.89%;">4% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:0pt;padding-right:6pt;padding-top:1pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:48.11%;">6 years or more </td>
                  <td style="line-height:0pt;padding-bottom:6pt;padding-right:6pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:12.84pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:49.89%;">0% </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:10pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;35&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_23"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:6pt;width:68.56%;" id="z2d8d1b33609e42ef972fabda8f5072ac">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1pt;padding-left:0pt;padding-right:6pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:89.17%;">
                    <div style="float:left;">Premium Tax<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup></div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:4.50pt;vertical-align:auto;"> </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:1pt;padding-left:6pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:9.06%;">3.5% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:10pt;padding-right:6pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:89.17%;">(as a percentage of each Purchase Payment) </td>
                  <td style="line-height:10pt;padding-top:1pt;text-align:left;vertical-align:top;width:9.06%;">&#160; </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Owner Periodic Expenses</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:6pt;width:67.55%;" id="z517fd8b2d10345bdaa140d77a5b5fcc1">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1pt;padding-left:0pt;padding-right:6pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:90.51%;">
                    <div style="float:left;">Contract Maintenance Charge<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(4)</sup></div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:4.50pt;vertical-align:auto;"> </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:1pt;padding-left:6pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:7.70%;">$50 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:10pt;padding-right:6pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:90.51%;">(per Contract per year) </td>
                  <td style="line-height:0pt;padding-top:1pt;text-align:left;vertical-align:top;width:7.70%;">&#160; </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="1" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="zf2b6f0a59cb6493492d1df24e1e3e4bf">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(1) </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">The
                    Contract provides a free withdrawal privilege &#160;before the Income Period that allows you to withdraw 10% of your total Purchase Payments annually without incurring a withdrawal charge, as discussed in section 7, Access to Your Money &#8211;
                    Free Withdrawal Privilege. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(2) </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">The
                    Withdrawal Charge Basis is the total amount under your Contract that is subject to a withdrawal charge, as discussed in section 6, Expenses &#8211; Withdrawal Charge. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(3) </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Not
                    currently deducted, but we reserve the right to do so in the future. This is the maximum charge we could deduct if we exercise this right, as discussed in section 6, Expenses &#8211; Premium Tax. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:3.64%;">(4) </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:96.36%;">Waived if the Contract Value is at least $100,000, as discussed in section 6, Expenses &#8211; Contract Maintenance Charge. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Contract Annual Expenses</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:100%;" id="zf5dc7d636fef485481762da21060a0fd">

                <tr style="page-break-inside:avoid;">
                  <td style="line-height:10pt;padding-bottom:3pt;padding-right:6pt;text-align:center;vertical-align:bottom;width:71.03%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:3pt;padding-left:6pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:bottom;width:30.18%;">Annual Contract Fees<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(5)</sup><br>
                    <font style="font-weight:Normal;">(as a percentage of the Charge Base)</font> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1pt;padding-left:0pt;padding-right:6pt;padding-top:1.88pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:71.03%;">
                    <div style="float:left;">Product Fee</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.88pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:30.18%;">1.25% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1pt;padding-left:0pt;padding-right:6pt;padding-top:1pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:71.03%;">
                    <div style="float:left;">Rider Fee for the Income Benefit</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:1pt;padding-left:6pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:30.18%;">0.70% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:3pt;padding-left:0pt;padding-right:6pt;padding-top:1pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:71.03%;">
                    <div style="float:left;">Rider Fee for the optional Maximum Anniversary Value Death Benefit</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:3pt;padding-left:6pt;padding-top:1pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:30.18%;">0.20% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1.88pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:71.03%;">
                    <div style="float:left;">Total Contract Fees for Contracts with the Income Benefit and optional Maximum Anniversary Value Death Benefit</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-top:1.88pt;text-align:center;text-decoration:none;text-transform:none; vertical-align:bottom;white-space:nowrap;width:30.18%;">2.15% </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="z64b02d63cf2d4bea95298d7dda81a67e">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(5) </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">We
                    assess the product and rider fees during the Accumulation Phase (and Income Period, if applicable), but we do not assess the product or rider fees during the Annuity Phase. See section 6, Expenses &#8211; Annual Contract Fees: Product and
                    Rider Fees. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Annual Operating Expenses of the AZL Government Money Market Fund</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The table below describes in detail the total annual operating
            expenses of the AZL Government Money Market Fund before fee waivers and/or expense reimbursements. We show the expenses as a percentage of the AZL Government Money Market Fund's average daily net assets for the most recent fiscal year ended
            December 31, 2020. Expenses may vary in current and future years. See the AZL Government Money Market Fund's prospectus for further information regarding the expenses you may expect to pay.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Index Options do not assess any separate operating expenses,
            and are not included in the following table.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.99%;" id="z9fe8f0fa969944c0b6e659a67eb02490">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;line-height:8pt;padding-bottom:1.75pt;padding-right:3pt;padding-top:4pt;text-align:left;vertical-align:bottom;width:43.23%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.75pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.42%;">Management<br>
                    fees </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.75pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.00%;">Rule 12b-1<br>
                    fees </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.75pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:7.34%;">Other<br>
                    expenses </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.75pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.15%;">Acquired fund<br>
                    fees and expenses </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.75pt;padding-left:3pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.86%;">Total annual fund operating<br>
                    expenses before fee<br>
                    waivers and/or expense<br>
                    reimbursements </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:uppercase;vertical-align:top;white-space:nowrap;width:100%;" colspan="6">BLACKROCK </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:4pt;padding-right:3pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:43.23%;">AZL Government Money Market Fund </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:13pt;padding-right:3pt; padding-top:1.75pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.42%;">.35 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:13pt;padding-right:3pt; padding-top:1.75pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.00%;">.25 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:13pt;padding-right:3pt; padding-top:1.75pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:7.34%;">.06 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:13pt;padding-right:3pt; padding-top:1.75pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.15%;">&#8211; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:13pt;padding-right:4pt; padding-top:1.75pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.86%;">.66 </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Examples</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">These examples are intended to help you compare the cost of
            investing in this Contract with the costs of other variable annuity contracts. These examples assume you make a $10,000 investment and the AZL Government Money Market Fund earns a 5% annual return. These examples use the AZL Government Money
            Market Fund even though you cannot allocate Purchase Payments directly to the fund. The AZL Government Money Market Fund holds your Purchase Payments before they are transferred to the Index Options on the Index Effective or the next Index
            Anniversary. These examples are not a representation of past or future expenses. Your Contract expenses may be more or less than the examples below, depending on whether and when you take withdrawals. These examples do not reflect any financial
            adviser fees that you pay from your other assets, or that you choose to have us pay from this Contract. If financial adviser fees were reflected, costs would be higher.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We deduct the $50 contract maintenance charge in the examples on
            each Contract Anniversary during the Accumulation Phase (or the next Business Day if the Contract Anniversary is a non-Business Day). We may waive this charge under certain circumstances, as described in section 6, Expenses &#8211; Contract
            Maintenance Charge. During the Annuity Phase, we deduct the contract maintenance charge proportionately from each Annuity Payment. We deduct the annual Contract fees (maximum charge of 1.25% product fee, 0.70% rider fee for the Income Benefit,
            and a 0.20% rider fee for the optional</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;36&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_24"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">Maximum Anniversary Value Death Benefit) in the examples on each Quarterly
            Contract Anniversary during the Accumulation Phase, as described in section 6, Expenses &#8211; Annual Contract Fees: Product and Rider Fees.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:100%;" id="z88ce0731e634484b8ff6fcdad790f44b">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:6pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:bottom;width:62.94%;">0.66%&#160; total annual operating expenses for the AZL Government Money Market Fund before any fee waivers or expense reimbursements: </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:6pt;padding-right:9pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.11%;">1 Year </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:9pt;padding-right:9pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.54%;">3 Years </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:9pt;padding-right:9pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.54%;">5 Years </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:9pt;padding-right:6pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.47%;">10 Years </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:3.75pt;text-align:left;text-decoration:none; text-indent:-7pt;text-transform:none;vertical-align:top;width:62.94%;">&#8226;&#8194;If you surrender your Contract (take a full withdrawal) at the end of each time period. </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:9pt;padding-top:3.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.11%;">$1,182 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:9pt;padding-right:9pt;padding-top:3.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.54%;">$1,719 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:9pt;padding-right:9pt;padding-top:3.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.54%;">$2,237 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:9pt;padding-right:6pt;padding-top:3.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.47%;">$3,679 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:3pt;text-align:left;text-decoration:none; text-indent:-7pt;text-transform:none;vertical-align:top;width:62.94%;">&#8226;&#8194;If you annuitize your Contract and begin Annuity Payments at the end of each time period. The earliest available Annuity Date (the date we begin making Annuity
                    Payments) is two years after the Issue Date. </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:17.43pt;padding-right:9pt;padding-top:3pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.11%;">N/A </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:9pt;padding-right:9pt;padding-top:3pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.54%;">$1,019 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:9pt;padding-right:9pt;padding-top:3pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.54%;">$1,737 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:9pt;padding-right:6pt;padding-top:3pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.47%;">$3,679 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:0pt;padding-right:6pt;padding-top:3pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:62.94%;">&#8226;&#8194;If you do not surrender your Contract. </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:6pt;padding-right:9pt;padding-top:3pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:8.11%;">$332 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:9pt;padding-right:9pt;padding-top:3pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.54%;">$1,019 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:9pt;padding-right:9pt;padding-top:3pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.54%;">$1,737 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:9pt;padding-right:6pt;padding-top:3pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.47%;">$3,679 </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Condensed Financial Information</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The statutory financial statements of Allianz Life Insurance
            Company of North America are included in Appendix I of this prospectus. The financial statements of Allianz Life Variable Account B are included in Appendix B of the Form N-4 SAI.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Accumulation unit value (AUV) information for the subaccount
            offered under the Contract offered by this prospectus, as of December 31, 2020, is listed in the table below. This information should be read in conjunction with the financial statements and related notes of the Separate Account included in
            Appendix B of the SAI.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">(Number of accumulation units in thousands)</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.19%;" id="zfdb58a48f1f5478eb6bbcd438a5282f5">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:4pt;padding-right:12pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:23.57%;">Period or Year Ended </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:12pt;padding-right:12pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:26.02%;">AUV at Beginning of Period </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:12pt;padding-right:12pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:26.02%;">AUV at End of Period </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:12pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:26.02%;">Number of Accumulation Units<br>
                    Outstanding at End of Period </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:4pt;padding-top:1.88pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;" colspan="4">AZL Government Money Market Fund </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:23.57%;">12/31/2018 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">N/A </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">12.893 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">375.00 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:23.57%;">12/31/2019 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">12.893 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">13.072 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:12pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">3867.00 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:6pt;padding-left:4pt;padding-right:12pt;padding-top:1pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:23.57%;">12/31/2020 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:6pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">13.072 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:6pt;padding-left:12pt;padding-right:12pt;padding-top:1pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">13.099 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:6pt;padding-left:12pt;padding-right:4pt;padding-top:1pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:26.02%;">8622.00 </td>
                </tr>

            </table>
          </div>
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">1.<font style="text-transform:uppercase;">&#160;&#160;The
              Contract</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">An annuity is a contract between you as the Owner, and an
            insurance company (in this case Allianz Life), where you make payments to us and we invest that money in the Index Options you select. The AZL Government Money Market Fund holds the money you invest before it is transferred to the Index
            Options. Depending on market conditions, your Contract may gain or lose value based on the returns of your selected Index Options and the AZL Government Money Market Fund. When you are ready to take money out, we make payments to you according
            to your instructions and any restrictions associated with the payout option you select that is described in this prospectus. Other than to add benefits that are beneficial to you, we do not make any changes to your Contract without your
            permission except as may be required by law.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Contract has an Accumulation Phase and an Annuity Phase. If
            you begin taking Income Payments, your Contract will also have an Income Period. The Income Period occurs during the Accumulation Phase.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The <font style="font-style:italic;font-weight:bold;">Accumulation
              Phase</font> is the first phase of your Contract, and it begins on the Issue Date. During the Accumulation Phase, we invest your money in the Index Options you select and the AZL Government Money Market Fund on a tax-deferred basis. Tax
            deferral means you are not taxed on any earnings or appreciation on the assets in your Contract until you take money out of your Contract. (For more information, see section 11, Taxes.)</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">During the Accumulation Phase you can take withdrawals (subject
            to any withdrawal charge). You can also make additional Purchase Payments &#160;before the Income Period subject to the restrictions set out in section 3, Purchase Requirements. The Contract also offers at issue the optional Maximum Anniversary
            Value Death Benefit for an additional rider fee (see section 10) if all Owners and the Annuitant are age 75 or younger on the Issue Date. The Maximum Anniversary Value Death Benefit can only be added to a Contract at issue. The Maximum
            Anniversary Value Death Benefit potentially provides a death benefit greater than the Traditional Death Benefit based on the Maximum Anniversary Value (highest Contract Value on any Index Anniversary before age 91, adjusted for subsequent
            Purchase Payments and withdrawals).</div>
        </div>
        <div style="margin-top:6pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;37&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_25"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">During the <font style="font-style:italic;font-weight:bold;">Income
              Period</font> we make regular periodic Income Payments based on the life of the Covered Person(s). During the Income Period we also restrict your selection of Crediting Methods to the Index Protection Strategy with DPSC or Index Protection
            Strategy with Cap, and you cannot make additional Purchase Payments. However, unlike the Annuity Phase, you will have access to your Contract Value and death benefit for a period of time after Income Payments begin. If you do not take Income
            Payments your Contract will not have an Income Period. The Income Period ends when we make the last Income Payment. Income Payments can continue for the life of the Covered Person(s) if you do not take more than your allowed annual maximum
            payment.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you request Annuity Payments, the Accumulation Phase and
            Income Period (if applicable) of your Contract ends and you enter the <font style="font-style:italic;font-weight:bold;">Annuity Phase</font>. During the Annuity Phase we make regular fixed periodic Annuity Payments based on the life of the
            Annuitant(s), or life and term certain. We send Annuity Payments to the <font style="font-style:italic;font-weight:bold;">Payee</font> (the person or entity who receives Annuity Payments during the Annuity Phase). You can choose when Annuity
            Payments begin, subject to certain restrictions. We base Annuity Payments on Contract Value and the payout rates for the Annuity Option you select. If the Annuity Date occurs during the Income Period and your Income Payments are greater than
            the Annuity Payments as calculated for certain Annuity Options, you can elect to convert to Income Payments to Annuity Payments as described in section 8 &#8211; When Annuity Payments Begin. Your Annuity Payments do not change unless an Annuitant
            dies, or we convert Income Payments made under the Increasing Income payment option to Annuity Payments. The Increasing Income payment option is discussed in section 9, Automatic Annual Income Payment Increases. The Annuity Phase ends when we
            make the last Annuity Payment under your selected Annuity Option. For more information, see section 8, The Annuity Phase.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">When the Accumulation Phase Ends</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Accumulation Phase ends upon the earliest of the following.</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z88e366830fdc49538bbd777ee0ffda74">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Financial Adviser Fees</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you have a financial adviser and want to take a withdrawal
            from this Contract to pay your financial adviser fee, you can submit a written request to our Service Center on a form satisfactory to us. If we approve your request, we withdraw the fee and pay it to your financial adviser. <font style="font-weight:bold;">We treat this fee payment as a withdrawal which means a withdrawal charge, federal and state income taxes, and a 10% additional federal tax if you are under age 59<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#160;1</sup>&#8260;</font><font style="font-size:6pt;font-weight:bold;line-height:8pt;">2</font><font style="font-weight:bold;"> may apply, and the amount of
              Contract Value available for withdrawal may be affected by the Daily Adjustment </font><font style="font-style:italic;font-weight:bold;">(which can be negative).</font><font style="font-weight:bold;"> </font>This withdrawal reduces the
            Contract Value and the amount available under the free withdrawal privilege by the amount withdrawn. It may also reduce your Contract's Guaranteed Death Benefit Value <font style="font-style:italic;font-weight:bold;">by more than the amount
              withdrawn and these reductions could be significant.</font> If this is a Non-Qualified Contract, a withdrawal will be a taxable withdrawal to the extent that gain exists within the Contract. Financial adviser fees paid from an IRA Contract
            will not be treated as a taxable withdrawal as long as the annuity contract is solely liable for the payment of the financial adviser fee. You should consult a tax adviser regarding the tax treatment of financial adviser fee payments. <font style="font-style:italic;font-weight:bold;">Please consult with your Financial Professional before requesting us to pay financial adviser fees from this Contract compared to other assets you may have.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Your financial adviser acts on your behalf, not ours. We are not
            party to any agreement between you and your financial adviser, nor are we responsible for your financial adviser&#8217;s actions. We do not verify that withdrawals for financial adviser fees align with the terms of your agreement with your financial
            adviser. We do not set your financial adviser fee or receive any part of it. Any withdrawals for financial adviser fees you pay is in addition to this Contract&#8217;s fees and expenses. You should ask your financial adviser about compensation they
            receive for this Contract. Allianz Life is not an investment adviser, and does not provide investment advice in connection with sales of the Contract. We are not a fiduciary to you, and do not make recommendations or assess suitability.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can submit a written request to our Service Center on a form
            satisfactory to us to allow your financial adviser to make Index Option transfers and allocation changes on your behalf. However, we reserve the right to review a financial adviser&#8217;s</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;38&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_26"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">trading history before allowing him or her to make transfers. If, in our sole
            discretion, we believe the financial financial adviser&#8217;s trading history indicates excessive trading, we can deny your request. If we approve it, your financial adviser is subject to the same trading restrictions that apply to Owners. We can
            deny or revoke trading authority in our sole discretion.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Financial Adviser Fee Withdrawal Example</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">These calculations show the effects of withdrawing financial
            adviser fees on the Contract Value and available Guaranteed Death Benefit Value. These withdrawals (including any withdrawal charges) immediately reduce the Contract Value on a dollar for dollar basis, and reduce the Guaranteed Death Benefit
            Value by the percentage of Contract Value withdrawn.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The example assumes a withdrawal of $5,000 to pay financial
            adviser fees when the Contract Value is $100,000, and the Guaranteed Death Benefit Value is $90,000 under the Traditional Death Benefit, or $105,000 under the Maximum Anniversary Value Death Benefit.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.99%;" id="zfe1e671c480b484b86c8bd128f2dde0a">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:38.66%;">Financial Adviser Fee<br>
                    Withdrawal </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:6.69%;">Contract<br>
                    Value </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:21.93%;">Guaranteed Death Benefit<br>
                    Value for a Contract with the<br>
                    Traditional Death Benefit </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:26.73%;">Guaranteed Death Benefit Value<br>
                    for a Contract with the<br>
                    Maximum Anniversary Value<br>
                    Death Benefit </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:38.66%;">Prior to withdrawal </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:3pt;padding-right:3pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:6.69%;">$ 100,000 </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:3pt;padding-right:3pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:21.93%;">$ 90,000 </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:3pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:26.73%;">$ 105,000 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:38.66%;">$5,000 withdrawal </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:6.69%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:3pt;padding-right:3pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:21.93%;">&#8211; ($5,000/ 100,000) </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:3pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:26.73%;">&#8211; ($5,000/ 100,000) </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:38.66%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:6.69%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:3pt;padding-right:3pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:21.93%;">x 90,000)] </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:3pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:26.73%;">x 105,000)] </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:38.66%;">&#160; </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt; padding-top:1.25pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:6.69%;">&#8211; $5,000 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt; padding-top:1.25pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:21.93%;">= &#8211; $4,500 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt; padding-top:1.25pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:26.73%;">= &#8211; $5,250 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="padding-right:3pt;padding-top:2pt;text-align:left;vertical-align:top;width:38.66%;">&#160; </td>
                  <td style="padding-right:3pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="padding-right:3pt;padding-top:2pt;text-align:center;vertical-align:top;width:6.69%;">&#160; </td>
                  <td style="padding-right:3pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="padding-right:3pt;padding-top:2pt;text-align:center;vertical-align:top;width:21.93%;">&#160; </td>
                  <td style="padding-right:3pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="padding-right:4pt;padding-top:2pt;text-align:center;vertical-align:top;width:26.73%;">&#160; </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:38.66%;">After withdrawal </td>
                  <td style="line-height:0pt;padding-bottom:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:3pt;padding-right:3pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:6.69%;">$ 95,000 </td>
                  <td style="line-height:0pt;padding-bottom:4pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:3pt;padding-right:3pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:21.93%;">$ 85,500 </td>
                  <td style="line-height:0pt;padding-bottom:4pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:3pt;padding-right:4pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:26.73%;">$ 99,750 </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">When the Contract Ends</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Contract ends when:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z34235173c693453185b921a963dc73ea">

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

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

              Annuitant, Determining Life, Beneficiary, and Payee</font></div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Owner</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Owner designated at Contract issue has all the rights under
            the Contract. The Owner may be an individual, or a non-individual (e.g. a trust, tax-exempt entity, or corporation). Qualified Contracts and non-individually owned Contracts can only have one Owner. A <font style="font-weight:bold;">Qualified
              Contract</font> is purchased under a pension or retirement plan that qualifies for special tax treatment under sections of the Code.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Joint Owner</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">A Non-Qualified Contract can be owned by up to two individual
            Owners <font style="font-weight:bold;">(Joint Owners)</font>. Joint Owners must be spouses within the meaning of federal tax law. We generally require the signature of both Joint Owners on any forms that are submitted to our Service Center.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Annuitant</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Annuitant is the individual on whose life we base Annuity
            Payments. Subject to our approval, you designate an Annuitant when you purchase a Contract. For Qualified Contracts, before the Annuity Date the Owner must be the Annuitant unless the Contract is owned by a qualified plan or is part of a
            custodial arrangement. You can change the Annuitant on an individually owned Non-Qualified Contract at any time before the Annuity Date. <font style="font-style:italic;font-weight:bold;">You cannot change the Annuitant if the Owner is a
              non-individual</font>. Subject to our approval, you can add a joint Annuitant on the Annuity Date. For Qualified Contracts, the ability to add a joint Annuitant is subject to any plan requirements associated with the</div>
        </div>
        <div style="margin-top:15pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;39&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_27"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">Contract. For individually owned Contracts, if the Annuitant who is not an Owner
            dies before the Annuity Date, the sole Owner (or younger Joint Owner) automatically becomes the new Annuitant, but the Owner can subsequently name another Annuitant.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Designating different persons as Owner(s) and Annuitant(s) can have
            important impacts on whether a death benefit is paid, and on who receives it as indicated below<font style="font-weight:Normal;">. For more examples, please see the Appendix A to the Form N-4 SAI. In order to convert Income Payments to Annuity
              Payments the Covered Person(s) must be named as the Annuitant(s) as discussed in section 8, when Annuity Payments Begin. </font>Designating different persons as Covered Person(s) and Annuitant(s) will cause the Income Benefit and Income
            Payments to end at the maximum permitted Annuity Date. Use care when designating Owners, Covered Person(s) and Annuitant(s), and consult your Financial Professional if you have questions<font style="font-weight:Normal;">.</font></div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: uppercase;">Upon the Death of a Sole Owner<br>
          </div>
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;"> </div>
        <div style="margin-top:10.5pt;">
          <div style="float:left;overflow:hidden;position:relative;width:48.40%;" type="Block">
            <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; text-align: center; text-decoration: none; text-transform: none;">Action if the Contract is in the Accumulation Phase</div>
            <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
            <div>
              <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:8.5pt;width:100%;" id="ze505269e50ca4dd7a7d023656f30cd68">

                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:5.88%;">&#8226; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:94.12%;">We pay a
                      death benefit to the Beneficiary unless the Beneficiary is the surviving spouse and continues the Contract. The Income Benefit and any Income Payments will also end unless the Beneficiary is both a surviving spouse and either an
                      Eligible Person (if Income Payments have not begun) or a Covered Person (if Income Payments have begun). </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.88%;">&#8226; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:94.12%;">If the deceased Owner was a Determining Life and the surviving spouse Beneficiary continues the Contract: </td>
                  </tr>

              </table>
            </div>
            <div>
              <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-left:5.88%;margin-top:2pt;width:94.12%;" id="z0267c0b8e0654a1e83e7f74a96964e08">

                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:6.25%;">&#8211;&#8194; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:93.75%;">we
                      increase the Contract Value to equal the Guaranteed Death Benefit Value if greater and available, and the death benefit ends, </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:6.25%;">&#8211;&#8194; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:93.75%;">the
                      surviving spouse becomes the new Owner, </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:6.25%;">&#8211;&#8194; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:93.75%;">if
                      Income Payments have not begun the Accumulation Phase continues, </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:6.25%;">&#8211;&#8194; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:93.75%;">if
                      Income Payments have begun they can only continue if the surviving spouse is a Covered Person; otherwise the Income Benefit ends, and </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:6.25%;">&#8211;&#8194; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:93.75%;">upon the surviving spouse&#8217;s death, his or her Beneficiary(s) receives the Contract Value. </td>
                  </tr>

              </table>
            </div>
            <div>
              <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z67812298009343e699c54bcfc053b704">

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

              </table>
            </div>
          </div>
          <div style="float:right;overflow:hidden;position:relative;width:48.40%;" type="Block">
            <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Action if the Contract is in the Annuity
                Phase</font></div>
            <div>
              <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="zd99eb763045d498daa7f03e69868a30c">

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

              </table>
            </div>
            <div>
              <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-left:5.88%;margin-top:2pt;width:94.12%;" id="z0c39b18feef24b7191db2096888c0e72">

                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:6.25%;">&#8211;&#8194; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:93.75%;">Annuity
                      Option 1 or 3, payments end. If Income Payments were converted to Annuity Payments under one of these Annuity Options, we will also pay any remaining value to the named Beneficiary(s). </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:6.25%;">&#8211;&#8194; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:93.75%;">Annuity
                      Option 2 or 4, payments end when the guaranteed period ends. </td>
                  </tr>
                  <tr style="page-break-inside:avoid;">
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:6.25%;">&#8211;&#8194; </td>
                    <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:93.75%;">Annuity Option 5, payments end and the Payee may receive a lump sum refund. </td>
                  </tr>

              </table>
            </div>
            <div>
              <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zf07e44a656a145338452a1bc1fa7c345">

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

              </table>
            </div>
          </div>
        </div>
        <div style="clear:both;">&#160;
          <div style="clear:both;padding-top:11pt;width:100%;" type="Block">
            <div style="clear: both; color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Determining Life (Lives)</div>
            <div style="clear: both; color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Determining Life (Lives) are the individuals
              on whose life we base the Guaranteed Death Benefit Value provided by the Traditional Death Benefit or Maximum Anniversary Value Death Benefit. We establish the Determining Life (Lives) at Contract issue. For an individually owned Contract the
              Determining Life (Lives) are the Owner(s). For a non-individually owned Contract the Determining Life is the Annuitant. After the Issue Date the Determining Life (Lives) only change if:</div>
            <div>
              <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z0d67f6b0368d4df383541f7d99e573fd">

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

              </table>
            </div>
            <div style="clear: both; color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Beneficiary</div>
            <div style="clear: both; color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Beneficiary is the person(s) or entity you
              designate to receive any death benefit. You can change the Beneficiary or contingent Beneficiary at any time before your death unless you name an irrevocable Beneficiary. If a Beneficiary dies before you, or you and a Beneficiary die
              simultaneously as defined by applicable state law or regulation, that Beneficiary&#8217;s interest in this Contract ends unless your Beneficiary designation specifies otherwise. If there are no surviving primary Beneficiaries, we pay the death
              benefit to the contingent Beneficiaries who survive you. If there are no surviving</div>
          </div>
        </div>
        <div style="padding-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;40&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_28"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">Beneficiaries or if there is no named Beneficiary, we pay the death benefit to
            your estate or the Owner if the Owner is a non-individual.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:9pt;width:99.60%;" id="z3a73485ce21d42fb82d7230a42b15754">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Eligible Person(s) and Covered Person(s)</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We determine Eligible Persons on the Issue Date based on the
            Contract&#8217;s ownership and tax qualification status. We use Eligible Person(s) to determine the Income Percentage and Income Percentage Increase, when you will begin receiving Income Percentage Increases, when Income Payments are available to
            you, and the payment type (single or joint) available to you.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We base Income Payments on the lives of the Covered Person(s). We
            determine the Covered Person(s) on the Income Benefit Date based on the available Eligible Person(s), their marital status, and the payment type you select. Joint Income Payments are only available if there are two Eligible Persons on the
            Income Benefit Date who are also spouses within the meaning of federal tax law and they meet the requirements stated here. <font style="font-style:italic;font-weight:bold;">Because Income Payments must begin no later than age 100, joint Income
              Payments are not available if:</font></div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zf63c6cc8792943c5a9dc81991b92e61e">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">there
                    is more than a 50-year age difference between spouses; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">you
                    select the Traditional Death Benefit and purchase this Contract at the maximum issue age of 80 and there is more than a 20-year age difference between spouses; or </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">you select the Maximum Anniversary Value Death Benefit and purchase this Contract at the maximum issue age of 75 and there is more than a 25-year age difference between spouses. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">Eligible Person and Covered Person Requirements</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">For a single, individual Owner:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z900298357f93459a98f64b6a9669dcfb">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">You,
                    the Owner, are an Eligible Person. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If you
                    and the sole primary Beneficiary are spouses within the meaning of federal tax law, the sole primary Beneficiary is also an Eligible Person. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If you
                    select single Income Payments only you, the Owner, can be the Covered Person. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">If you select joint Income Payments you must designate yourself, the Owner, to be a Covered Person. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">For Joint Owners:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z7fec5b55c8374913a8f19a4e50db0800">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Both
                    Joint Owners are Eligible Persons. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If you
                    select single Income Payments you can designate either Eligible Person to be the Covered Person. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">If you select joint Income Payments you must designate both Joint Owners to be the Covered Persons. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">For Contracts owned by a non-individual:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zf626947acc7e47a498ccc51fda0fe846">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                    Annuitant is the Eligible Person. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">For
                    Non-Qualified Contracts, we only allow one Eligible Person and joint Income Payments are not available. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">For
                    Qualified Contracts, if the Owner is a qualified plan or a custodian and the Annuitant and sole contingent Beneficiary are spouses within the meaning of federal tax law, the sole contingent Beneficiary is also an Eligible Person.
                    However, joint Income Payments are only available if the qualified plan or custodian is also the sole primary Beneficiary. This structure allows the surviving non-Annuitant spouse to continue to receive Income Payments, assuming the
                    surviving non-Annuitant spouse is the beneficiary under the qualified plan or custodial IRA. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">If you select single Income Payments only the Annuitant can be the Covered Person. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If an Eligible Person or a Covered Person is no longer an Owner,
            Joint Owner, Annuitant, sole primary Beneficiary, or sole contingent Beneficiary as required above due to death, change in spousal status, an assignment or change of ownership/Beneficiary, we will remove that person from the Contract as an
            Eligible Person or Covered Person. If an Eligible Person is removed, you cannot designate that person to be a Covered Person. If a Covered Person is removed, that person is no longer a Covered Person. <font style="font-style:italic;font-weight:bold;">If we remove all Eligible Persons or Covered Persons from the Contract, the Income Benefit ends.</font></div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;41&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_29"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can only add or replace an Eligible Person on or before the
            date you request Income Payments<font style="font-weight:Normal;">. If you add or change an Owner, sole primary Beneficiary or sole contingent Beneficiary that person will become an Eligible Person if they are the current spouse within the
              meaning of federal tax law of an existing Eligible Person and meet the requirements stated in this section. If you add or replace an Eligible Person we will recalculate your Lifetime Income Percentages based on the age of the new Eligible
              Person on the Index Effective Date and Index Anniversaries, if applicable, as stated in the Summary &#8211; How Does the Income Benefit Work? At any given time there cannot be more than two Eligible Persons. </font>After the Income Benefit Date,
            you cannot add, remove, or replace a Covered Person even if you add or change an Owner, or Beneficiary<font style="font-weight:Normal;">.</font></div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Change in Spousal Status of Eligible Persons or Covered Persons</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If at any time joint Eligible Persons or joint Covered Persons
            are no longer spouses you must send us written notice. If we receive notice on or before the Income Benefit Date, joint Income Payments will not be available to you unless you remarry and add your new spouse as a Joint Owner or sole primary or
            contingent Beneficiary according to the requirements stated in this section. If we receive notice after the Income Benefit Date, we will remove one former spouse from the Contract as a Covered Person and also as an Owner, Joint Owner, Annuitant
            and/or Beneficiary.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Upon notification of divorce, we treat any request to reduce or
            divide benefits under this Contract as a request for a withdrawal of Contract Value payable to you. We process the withdrawal and remove one spouse from the Contract as an Eligible Person or Covered Person, Owner, Annuitant and/or Beneficiary,
            according to your instructions or any applicable court order. This withdrawal is subject to any applicable tax or withdrawal charge, and may cause Income Payments and the Income Benefit to end prematurely. However, if you do not notify us of
            the divorce, the Contract continues and upon the death of an Owner, we pay any applicable death benefit to the Beneficiary(s) and the Contract and the Income Benefit both end.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Payee</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Payee is the person or entity who receives Annuity Payments
            during the Annuity Phase. The Owner receives tax reporting on those payments. Generally we require the Payee to be an Owner. However, we may allow you to name a charitable trust, financial institution, qualified plan, or an individual specified
            in a court order as a Payee subject to our approval. For Qualified Contracts owned by a qualified plan, the qualified plan must be the Payee.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Assignments, Changes of Ownership and Other Transfers of Contract
            Rights</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can assign your rights under this Contract to someone else
            during the Accumulation Phase. An assignment may be absolute or limited, and includes changes of ownership, collateral assignments, or any other transfer of specific Contract rights. After an assignment, you may need the consent of the assignee
            of record to exercise certain Contract rights depending on the type of assignment and the rights assigned.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You must submit your request to assign the Contract in writing to
            our Service Center&#160;and we must approve it in writing. To the extent permitted by state law, we reserve the right to refuse to consent to any assignment at any time on a nondiscriminatory basis. We will not consent if the assignment would
            violate or result in noncompliance with any applicable state or federal law or regulation.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Upon our consent, we record the assignment. We are not
            responsible for the validity or effect of the assignment. We are not liable for any actions we take or payments we make before we receive your request in Good Order and record it. A request is in &#8220;<font style="font-weight:bold;">Good Order</font>&#8221;
            when it contains all the information we require to process it. Assigning the Contract does not change, revoke or replace the originally named Annuitant or Beneficiary; if you also want to change the Annuitant or Beneficiary you must make a
            separate request.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z4076157b6e74478784563fa1d4a2d379">

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

            </table>
          </div>
        </div>
        <div style="margin-top:54pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;42&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_30"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">3.<font style="text-transform:uppercase;">&#160;&#160;Purchasing

              the Contract</font></div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Purchase Requirements</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">To purchase this Contract, on the Issue Date all Owners and the
            Annuitant must be:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z44b22095d4e54a57a1c1ec8c0046b51f">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">age 80
                    or younger, or </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">age 75 or younger if you select the Maximum Anniversary Value Death Benefit. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The Purchase Payment requirements for this Contract are as
            follows.</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z2e152d15caaa4701836aa06b00c0448d">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                    minimum initial Purchase Payment due on the Issue Date is $5,000. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">We
                    restrict additional Purchase Payments.<font style="font-weight:Normal;"> Each Index Year during the Accumulation Phase and before the Income Benefit Date you cannot add more than your initial amount without our prior approval. Your
                      initial amount is all Purchase Payments received before the first Quarterly Contract Anniversary of the first Contract Year. We allow you to add up to the initial amount in the remainder of the first Index Year. The minimum additional
                      Purchase Payment we will accept is $50.</font> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">We do
                    not accept additional Purchase Payments on or after the Income Benefit Date, or on or after the Annuity Date. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">The maximum total Purchase Payments we accept without our prior approval is $1 million. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">We may, at our sole discretion, waive the minimum Purchase
            Payment requirements.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Once we receive your initial Purchase Payment and all necessary
            information in Good Order at our Service Center, we issue the Contract within two Business Days and allocate your payment to the AZL Government Money Market Fund before we transfer it to your selected Index Options. If you do not give us all of
            the information we need, we contact you or your Financial Professional. If for some reason we are unable to complete this process within five Business Days, we either send back your Purchase Payment or get your permission to keep it until we
            get all of the necessary information. If you make additional Purchase Payments, we add this money to your Contract on the Business Day we receive it in Good Order.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you submit a Purchase Payment and/or application to your
            Financial Professional, we do not begin processing the payment and/or application until we receive it. A Purchase Payment is &#8220;received&#8221; when it arrives at our Service Center from the address for mailing checks listed at the back of this
            prospectus regardless of how or when you submitted them. We forward Purchase Payments we receive at the wrong address to the last address listed at the back of this prospectus, which may delay processing.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We may terminate your ability to make additional Purchase Payments
            because we reserve the right to decline any or all Purchase Payments at any time on a nondiscriminatory basis<font style="font-weight:Normal;">. This applies to Contracts issued in all states except as disclosed in Appendix H. If mandated under
              applicable law, we may be required to reject a Purchase Payment. </font>If we exercise our right to decline additional Purchase Payments, this may limit your ability to fund your Contract&#8217;s guaranteed benefits such as the&#160;Income Benefit,
            Traditional Death Benefit or Maximum Anniversary Value Death Benefit.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Applications Sent Electronically</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We accept manually signed applications that are in Good Order and
            are sent by fax, or email, or uploaded to our website. It is important to verify receipt of any faxed application, or to receive a confirmation number when using email or the web. We are not liable for applications that we do not receive. A
            manually signed application sent by fax, email or over the web is considered the same as an application delivered by mail. Our electronic systems (fax, email or website) may not always be available; any electronic system can experience outages
            or slowdowns which may delay application processing. Although we have taken precautions to help our system handle heavy use, we cannot promise complete reliability. If you experience problems, please submit your written application by mail to
            our Service Center. We reserve the right to discontinue or modify our electronic application policy at any time and for any reason.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Allocation of Purchase Payments and Contract Value Transfers</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The allocation instructions you provide on your application
            automatically become your Purchase Payment default instructions. (In your Contract, Purchase Payment default instructions are called future allocation instructions.) We use these default instructions for all Purchase Payments we receive unless
            you change them, or give us alternate allocation instructions specific to an individual Purchase Payment. <font style="font-style:italic;font-weight:bold;">We only allow Purchase Payments to move into the Index Options on the Index Effective
              Date and on subsequent Index Anniversaries.</font> As a result, we hold Purchase Payments in the AZL Government Money Market Fund until we transfer them to your selected Index Options according to your</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;43&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_31"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">Purchase Payment default instructions. For additional Purchase Payments we receive
            <font style="font-style:italic;font-weight:bold;">after</font> the Index Effective Date, we transfer the amounts held in the AZL Government Money Market Fund to your selected Index Options on the next Index Anniversary. This transfer on the
            next Index Anniversary does not involve a reallocation of your total Contract Value.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We only allow Index Option Value transfers between Index Options on
            Term End Dates. We do not allow assets to move into an established 3-year or&#160;6-year Term Index Option until the Term End Date.<font style="font-style:Normal;font-weight:Normal;"> If you only select the 1-year Term Index Options, you can
              automatically reallocate your total Contract Value annually by providing us with instructions (see section 5, Optional Reallocation Program for 1-year Term Index Options). However, you cannot automatically reallocate your total Contract Value
              annually on each Term End Date if you select a 3-year or&#160;6-year Term Index Option.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You select the Index Effective Date when you purchase your
            Contract. It can be any Business Day up to and including the first Quarterly Contract Anniversary, but it cannot be the 29th, 30th or 31st of a month.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.58%;" id="ze701df2695c0472ab10b821e57bf374c">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">You (or your Financial Professional, if authorized) can change
            your Index Effective Date before it occurs to be an earlier or later date by submitting a request. However, your new Index Effective Date cannot be later than the deferred Index Effective Date listed above. We must receive your request in Good
            Order at our Service Center before the end of the Business Day on which you want the Index Effective Date to occur. Once your Index Effective Date occurs, all Index Options for your Contract will have the same Index Anniversary.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can change your Purchase Payment default instructions at any
            time without fee or penalty. These changes are effective on the Business Day we receive them in Good Order at our Service Center. We accept changes to Purchase Payment default instructions from any Owner unless you instruct otherwise. We may
            allow you to authorize someone else to change these default instructions on your behalf. <font style="font-style:italic;font-weight:bold;">Changes to your Purchase Payment default instructions do not reallocate or transfer existing Index
              Option Values</font>.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We notify you at least 30 days in advance of each Index
            Anniversary as a reminder that on the upcoming anniversary you may transfer Index Option Value between Index Options. Transfers between Index Options do not change your Purchase Payment default instructions. For more information, see the
            &#8220;Electronic Transfer and Allocation Instructions&#8221; discussion next in this section. On each Term End Date, if we have not received transfer instructions from you, and you are not participating in the 1-year Term Index Option reallocation
            program, all assets invested continue to be invested in the Index Options at the renewal DPSCs, Precision Rates, Caps, and Participation Rates.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We must receive all Index Option transfer instructions in Good
            Order at our Service Center before the end of the Business Day on the Term End Date (or the next Business Day if the Term End Date is a non-Business Day).</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="zde58e99c29ae43f186a8e1b8fc755b09">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Electronic transfer and Allocation Instructions</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We use reasonable procedures to confirm that electronic transfer
            and allocation instructions given to us are genuine. If we do not use such procedures, we may be liable for any losses due to unauthorized or fraudulent instructions. We record telephone instructions and log all fax, email and website
            instructions. We reserve the right to deny any transfer request or allocation instruction change, and to discontinue or modify our electronic instruction privileges at any time for any reason.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Please note that telephone, fax, email and/or the website may not
            always be available. Any electronic system, whether it is ours, yours, your service provider&#8217;s, or your Financial Professional&#8217;s, can experience outages or slowdowns for a variety of reasons, which may delay or prevent our processing of your
            transfer request or allocation instruction change. Although we</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;44&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_32"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">have taken precautions to help our systems handle heavy use, we cannot promise
            complete reliability. If you are experiencing problems, you should submit your instructions in writing to our Service Center.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">By authorizing electronic instructions, you authorize us to
            accept and act upon these instructions for your Contract. There are risks associated with electronic communications that do not occur with a written request. Anyone authorizing or making such requests bears those risks. You should protect your
            website password, because the website is available to anyone with your password; we cannot verify that the person providing instructions on the website is you, or is authorized by you.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Automatic Investment Plan (AIP)</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The AIP makes additional Purchase Payments to the Contract during
            the Accumulation Phase and before the Income Benefit Date on a monthly or quarterly basis by electronic money transfer from your savings, checking or brokerage account. You can participate in AIP by completing our AIP form. Our Service Center
            must receive your form in Good Order by the 15th of the month (or the next Business Day if the 15th is a non-Business day) in order for AIP to begin that same month. We process AIP Purchase Payments on the 20th of the month, or the next
            Business Day if the 20th is a non-Business Day. We hold AIP Purchase Payments in the AZL Government Money Market Fund until we transfer them to the Index Options on the Index Effective Date or the next Index Anniversary according to your
            Purchase Payment default instructions. AIP Purchase Payments must comply with the allocation requirements and restrictions (including the initial amount requirement) stated in this section. We must receive your request to stop or change AIP at
            our Service Center before the end of the last Business Day immediately before the Business Day we process AIP to make the change that month. If you choose to begin Income Payments, AIP ends automatically on the Income Benefit Date. If you
            choose to begin Annuity Payments, AIP ends automatically on the Business Day before the Annuity Date. We reserve the right to discontinue or modify AIP at any time and for any reason.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z65bbe2ca35b04a8f8b3263ce5dd14074">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Free Look/Right To Examine Period</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you change your mind about the Contract, you can cancel it
            within the free look period stated on the first page of your Contract. In most states, this is ten days after you receive the Contract. If you cancel your Contract during the free look period, in most states we return your Contract Value as of
            the Business Day we receive your cancellation request in Good Order. This may be more or less than your initial Purchase Payment. In states that require us to return Purchase Payments less withdrawals if you cancel your Contract, we return
            Contract Value if greater.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">IRA Contracts require us to return Purchase Payments less
            withdrawals. If you cancel your IRA Contract, we return the greater of Purchase Payments less withdrawals or Contract Value.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Some states and certain IRA Contracts require return of Purchase
            Payments. For these Contracts, we reserve the right to hold your initial Purchase Payment in the AZL Government Money Market Fund until the free look period ends, and then re-allocate your Contract Value, less fees and expenses, according to
            your Purchase Payment default instructions. If we hold your initial Purchase Payment in the AZL Government Money Market Fund during the free look period and the requested Index Effective Date would occur during this time, we change your Index
            Effective Date to the next Business Day after the free look period that is not the 29th, 30th or 31st of the month. Then, if you:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zd18515563ed04ab190225774ac96e5ef">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">cancel
                    your Contract during this time, we return the greater of Purchase Payments less withdrawals, or Contract Value. We do not assess a withdrawal charge&#160; or deduct any other Contract fees or expenses if you cancel your Contract during the
                    free look period. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">do not cancel your Contract during this time, we re-allocate your Contract Value to the Index Options according to your Purchase Payment default instructions on the Index Effective Date. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 9pt; text-decoration: none; text-transform: none;">In the Contract, the free look provision is also called the right
            to examine.</div>
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">4.<font style="text-transform:uppercase;">&#160;&#160;AZL
              Government Money Market Fund</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The following table lists the AZL Government Money Market Fund's
            associated investment advisers and subadvisers, investment objectives, and principal investment strategies. Depending on market conditions, you can gain or lose value by investing in the AZL Government Money Market Fund. In the future, we may
            add, eliminate or substitute variable investment options to the extent permitted by the federal securities laws and, when required, the SEC.</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;45&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_33"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You should read the AZL Government Money Market Fund's prospectus<font style="font-weight:Normal;"> </font>carefully<font style="font-weight:Normal;">. There are potential risks associated with the AZL Government Money Market Fund's investment strategies. The operation of the AZL Government Money Market Fund
              and its various risks and expenses are described in its prospectus. We send you the current copy of the AZL Government Money Market Fund's prospectus when we issue the Contract. </font>(You can also obtain the current AZL Government Money
            Market Fund's prospectus by contacting your Financial Professional or calling us at the toll-free telephone number listed at the back of this prospectus.)</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Currently, the AZL Government Money Market Fund is not a publicly
            available mutual fund. It is available only as a variable investment option in variable annuity contracts or variable life insurance policies issued by life insurance companies or in some cases, through participation in certain qualified
            pension or retirement plans. A material conflict of interest may arise between insurance companies, owners of different types of contracts, and retirement plans or their participants. The AZL Government Money Market Fund's Board of Directors
            monitors for material conflicts, and determines what action, if any, should be taken to address any conflicts.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The AZL Government Money Market Fund's name, investment
            objectives and policies may be similar to the names, investment objectives and policies of other portfolios managed by the same investment advisers. Although the names, objectives and policies may be similar, the AZL Government Money Market
            Fund's investment results may be higher or lower than these other portfolios&#8217; results. The investment advisers cannot guarantee, and make no representation, that these similar portfolios' investment results will be comparable even though the
            AZL Government Money Market Fund has the same name, investment advisers, objectives, and policies.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The AZL Government Money Market Fund pays 12b-1 fees to the
            Contracts&#8217; distributor, our affiliate, Allianz Life Financial Services, LLC, for distribution and/or administrative services. In addition, we may enter into certain arrangements under which we, or Allianz Life Financial Services, LLC, are
            compensated by the AZL Government Money Market Fund's advisers, distributors and/or affiliates for administrative services and benefits we provide to the AZL Government Money Market Fund. The compensation amount usually is based on the AZL
            Government Money Market Fund's aggregate assets purchased through contracts we issue or administer. Some advisers may pay us more or less than others. The maximum service fee we currently receive from any variable investment option in any
            variable annuity contract we offer is 0.35% annually of the average aggregate amount invested by us in the variable investment options.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We offer other variable annuity contracts that may invest in the
            AZL Government Money Market Fund. These contracts may have different charges and may offer different benefits more appropriate to your needs. For more information about these contracts, please contact our Service Center.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Investment Management LLC is an adviser/subadviser that
            is affiliated with us through common ownership.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:98.79%;" id="zbf76ad80cfd64db2bce1e436e8aa42cc">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:4pt; padding-right:3pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.01%;">Investment<br>
                    Management<br>
                    Company and<br>
                    Adviser/Subadviser </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt; padding-right:3pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.62%;">Investment<br>
                    Option Name </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt; padding-right:3pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.62%;">Asset Class </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt; padding-right:3pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.62%;">Investment<br>
                    Objective </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:38.11%;">Principal Investment Strategies<br>
                    <font style="font-weight:Normal;">(Normal market conditions)</font> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:4pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:uppercase;vertical-align:top;white-space:nowrap;width:100%;" colspan="5">Blackrock </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:4pt; padding-right:3pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:15.01%;">Allianz Investment Management LLC/BlackRock Advisors, LLC </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:3pt; padding-right:3pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:15.62%;">AZL Government Money Market Fund </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:3pt; padding-right:3pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:15.62%;">Cash Equivalent </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:3pt; padding-right:3pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:15.62%;">Current income consistent with stability of principal </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:3pt;padding-right:4pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:38.11%;">Invests at least 99.5% of its total assets in cash, government securities, or repurchase agreements that are collateralized
                    fully. Invests at least 80% in government securities or in repurchase agreements collateralized by government securities. Investments include U.S. Treasury bills, notes and other obligations issued or guaranteed as to principal and
                    interest by the U.S. Government, its agencies or instrumentalities, and repurchase agreements secured by such obligations. In addition, the Fund may invest in variable and floating rate instruments. During extended periods of low
                    interest rates, and due in part to contract fees and expenses, the yield of the AZL Government Money Market Fund may also become extremely low and possibly negative. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Substitution and Limitation on Holdings</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We may substitute another variable investment option for the AZL
            Government Money Market Fund for any reason in our sole discretion. To the extent required by the Investment Company Act of 1940 or other applicable law, we do not substitute any shares without SEC approval and providing you notice. A new or
            substitute variable investment option may have different fees and expenses. We may limit the amount of additional Purchase Payments held in the AZL Government Money Market Fund if marketing, tax or investment considerations warrant, or for any
            reason in our sole discretion. We</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;46&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_34"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">may also close the AZL Government Money Market Fund. The fund companies that sell
            shares of the AZL Government Money Market Fund to us, pursuant to participation agreements, may end those agreements and discontinue offering us their shares.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Excessive Trading and Market Timing</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="za264f1465ee946a7bef7b88f6049799e">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">Currently the Contract does not offer any variable investment options to which you can allocate money. If we were to offer variable investment options in the
                    future they would be subject to the following provisions. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">We may restrict or modify your right to make transfers to prevent
            any use that we consider to be part of a market timing program.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Frequent transfers, programmed transfers, transfers into and then
            out of a variable investment option in a short period of time, and transfers of large amounts at one time (collectively referred to as &#8220;potentially disruptive trading&#8221;) may have harmful effects for other Owners, Annuitants and Beneficiaries.
            These risks and harmful effects include the following.</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z106b654f6283447f8e3c5702a3ba4372">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Dilution
                    of the interests of long-term investors in a variable investment option, if market timers or others transfer into a variable investment option at prices that are below their true value, or transfer out at prices above their true value.
                  </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">An
                    adverse effect on portfolio management, such as causing a variable investment option to maintain a higher level of cash or causing a variable investment option to liquidate investments prematurely. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Increased brokerage and administrative expenses. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">We attempt to protect our Owners and the variable investment
            options from potentially disruptive trading through our Excessive Trading and Market Timing policies and procedures. Under these policies and procedures, we may modify your transfer privileges for some or all of the variable investment options
            as follows:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z23a785b2bd534d438cd64e767fe709b1">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">We also reserve the right to reject any specific Purchase Payment
            allocation or transfer request from any person if in the investment adviser&#8217;s, subadviser&#8217;s or our judgment, a variable investment option may be unable to invest effectively in accordance with its investment objectives and policies. This could
            occur, for example, where frequent or rapid trading causes the investment adviser to hold an excess of uninvested cash to meet redemption requests, or to sell investment positions to fund redemptions, thereby affecting variable investment
            option returns. Similarly, rapid or frequent trading may cause a variable investment option to incur excessive transaction fees, which also could affect performance.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We retain some discretion in determining what actions constitute
            potentially disruptive trading and in determining when and how to impose trading restrictions. Currently, we attempt to <font style="font-weight:bold;">deter</font> disruptive trading as follows. If a transfer(s) is/are identified as
            potentially disruptive trading, we may (but are not required to) send a warning letter. If the conduct continues and we determine it constitutes disruptive trading, we also impose transfer restrictions. Transfer restrictions may include
            refusing electronic transfers and requiring all transfers be sent by first-class U.S. mail. If the disruptive trading affects only a single variable investment option, we may prohibit transfers into or Purchase Payment allocations to that
            variable investment option. We do not enter into agreements permitting market timing and would not permit activities determined to be disruptive trading to continue. We also reserve the right to impose transfer restrictions if we determine, in
            our sole discretion, that transfers disadvantage other Owners. We notify you in writing if we impose transfer restrictions on you.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We adopted these policies and procedures as a preventative
            measure to protect all Owners from the potential effects of disruptive trading, while also abiding by your legitimate interest in diversifying your investment and making periodic asset</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;47&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_35"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">re-allocations based on your personal situation or overall market conditions. We
            attempt to protect your interests in making legitimate transfers by providing reasonable and convenient transfer methods that do not harm other Owners.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We may make exceptions when imposing transfer restrictions if we
            determine a transfer is appropriate, although it may technically violate our policies and procedures discussed here. In determining if a transfer is appropriate, we may, but are not required to, take into consideration its relative size,
            whether it was purely a defensive transfer into the AZL Government Money Market Fund, and whether it involved an error or similar event. We may also reinstate electronic transfer privileges after we revoke them, but we do not reinstate these
            privileges if we believe they might be used for future disruptive trading.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We cannot guarantee the following.</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z8572af6a2b2a41ac96c6a606a4ff9cfb">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">In addition, some of the variable investment options are
            available to other insurance companies and we do not know if they adopted policies and procedures to detect and deter potentially disruptive trading, or what their policies and procedures might be. Because we may not be completely successful at
            detecting and preventing market timing activities, and other insurance companies that offer the variable investment options may not have adopted adequate market timing procedures, there is some risk that market timing activity may occur and
            negatively affect other Owners.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We may, without prior notice to any party, take whatever action
            we deem appropriate to comply with any state or federal regulatory requirement. In addition, purchase orders for a variable investment option&#8217;s shares are subject to acceptance by that variable investment option&#8217;s manager. We reserve the right
            to reject, without prior notice, any variable investment option transfer request or Purchase Payment if the purchase order is rejected by the investment manager. We have entered into agreements required under SEC Rule 22c-2 (Rule 22c-2
            agreements) whereby, upon request by an underlying fund or its designee, we must provide information about you and your trading activities to the underlying fund or its designee. Under the terms of the Rule 22c-2 agreements, we are required to:
            (1) provide details concerning every purchase, redemption, transfer, or exchange of variable investment options during a specified period; and (2) restrict your trading activity if the party receiving the information so requests. Under certain
            Rule 22c-2 agreements, if we fail to comply with a request to restrict trading activity, the underlying fund or its designee may refuse to accept buy orders from us until we comply.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Variable investment options may add or change policies designed
            to restrict market timing activities. For example, variable investment options may impose restrictions on transfers between variable investment options in an affiliated group if the investment adviser to one or more of the variable investment
            options determines that the person requesting the transfer has engaged, or is engaging in, market timing or other abusive trading activities. In addition, a variable investment option may impose a short-term trading fee on purchases and sales
            within a specified period. You should review the variable investment options&#8217; prospectuses regarding any applicable transfer restrictions and the imposition of any fee to discourage short-term trading. The imposition of these restrictions would
            occur as a result of variable investment option restrictions and actions taken by the variable investment options&#8217; managers.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="zdca5225a38d148d2a9286b3a575d751a">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The retention of some level of discretion by us may result in
            disparate treatment among persons engaging in potentially disruptive trading, and it is possible that some persons could experience adverse consequences if others are able to engage in potentially disruptive trading practices that have negative
            effects.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Voting Privileges</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We legally own the AZL Government Money Market Fund shares.
            However, when the AZL Government Money Market Fund holds a shareholder vote that affects your investment, we ask you to give us voting instructions. We then vote all of our shares, including any we own on our behalf, in proportion to those
            instructions. Because most Owners do not give us instructions and we vote shares proportionally, a small number of Owners may determine a vote&#8217;s outcome. If we determine we no longer need to get your voting instructions, we will decide how to
            vote the shares. Only Owners have voting privileges. Annuitants, Beneficiaries, Payees and other persons have no voting privileges unless they are also Owners.</div>
        </div>
        <div style="margin-top:12pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;48&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_36"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We determine your voting interest as follows:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z7231d41f915041609f58aee7679a18eb">

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

            </table>
          </div>
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">5.<font style="text-transform:uppercase;">&#160;&#160;Valuing
              Your Contract</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Your Contract Value is the total of the Variable Account Value
            and all Index Option Values.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.58%;" id="z2ed223d888fe4c7487be49a9a117de7b">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt; padding-right:6pt;padding-top:3pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:49.38%;">Variable Account Value increases when&#8230;. </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt;padding-right:6pt;padding-top:3pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:50.62%;">Variable Account Value decreases when&#8230;. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:13pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:49.38%;">&#8226;&#8194;we hold Purchase Payments in the AZL Government Money Market Fund before transferring them to your selected
                    Index Options, or<br>
                    &#8226;&#8194;there is positive AZL Government Money Market Fund performance </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:13pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:50.62%;">&#8226;&#8194;we take assets out of the AZL Government Money Market Fund and transfer them to your selected Index Options,<br>
                    &#8226;&#8194;there is negative AZL Government Money Market Fund performance, or<br>
                    &#8226;&#8194;we deduct Contract expenses </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:100%;" colspan="2">Contract expenses we deduct from the AZL Government Money Market Fund include the product fee, rider fee, contract maintenance charge
                    and withdrawal charge&#160; as described in section 6, Expenses. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The AZL Government Money Market Fund does not provide any
            protection against loss of principal. <font style="font-style:italic;font-weight:bold;">You can lose principal and previous earnings for Purchase Payments held in the AZL Government Money Market Fund</font>.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.58%;" id="z618322bd30604d558bde29349217fc8c">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt; padding-right:6pt;padding-top:3pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:49.38%;">Index Option Values increase when&#8230;. </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt;padding-right:6pt;padding-top:3pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:50.62%;">Index Option Values decrease when&#8230;. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:13pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:49.38%;">&#8226;&#8194;you add assets to an Index Option by Purchase Payment or Contract Value transfer, or<br>
                    &#8226;&#8194;you receive a positive Credit or Daily Adjustment </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:13pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:50.62%;">&#8226;&#8194;you take assets out of an Index Option by withdrawal or Contract Value transfer,<br>
                    &#8226;&#8194;you receive a negative Credit or Daily Adjustment, or<br>
                    &#8226;&#8194;we deduct Contract expenses </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:100%;" colspan="2">Contract expenses we deduct from the Index Options include the product fee, rider fee, contract maintenance charge and withdrawal
                    charge&#160; as described in section 6, Expenses. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">We apply transfers of Contract Value and Purchase Payments to the
            Index Options on the Index Effective Date and Index Anniversaries. We apply Credits to the Index Options on the Term End Dates. Contract expenses are deducted at different times during the Index Year as stated in section 6, Expenses. The Daily
            Adjustment applies to the&#160;Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy on any Business Day other than the Term Start Date or the Term End Date. <font style="font-style:italic;font-weight:bold;">The Daily
              Adjustment does not apply to the Index Protection Strategy with DPSC or Index Protection Strategy with Cap.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Credits are subject to the applicable Buffer, Floor, DPSC,
            Precision Rate, Cap, and/or Participation Rate<font style="font-weight:Normal;">. Positive Credits are not guaranteed and Credits can be zero under all the Index Options. Credits can be negative after application of the Buffer&#160;for any Index
              Option with the Index Precision Strategy or Index Performance Strategy, or negative down to the Floor for any Index Option with the Index Guard Strategy. </font>A negative Performance Credit means that you can lose principal and previous
            earnings. <font style="font-style:italic;">These losses can be significant.</font></div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Determining Variable Account Value</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Separate Account holds the assets for the Purchase Payments
            held in the AZL Government Money Market Fund before we transfer them to the Index Options. The Separate Account is divided into subaccounts, each of which invests exclusively in the shares of the AZL Government Money Market Fund.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We convert Purchase Payments held in the AZL Government Money
            Market Fund into subaccount accumulation units. Each subaccount&#8217;s daily price (accumulation unit value) is based on the AZL Government Money Market Fund&#8217;s price. The AZL Government Money Market Fund&#8217;s price is typically determined at the end of
            each Business Day,<font style="font-weight:bold;"> and any Purchase Payment received at or after the end of the current Business Day receives the next Business Day&#8217;s price</font>. The AZL Government Money Market Fund's price reflects deduction
            of its operating expenses.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We calculate your Variable Account Value at the end of each
            Business Day by multiplying each subaccount&#8217;s accumulation unit value by its number of accumulation units, and adding those results together for all subaccounts.</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;49&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_37"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">On the Issue Date, the number of accumulation units in each
            subaccount is equal to the amount allocated to the subaccount divided by its accumulation unit value. At the end of each Business Day, the number of subaccount accumulation units:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zcbe5a8a64996456b8d884b7cc44898d6">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">We arbitrarily set the initial accumulation unit value for each
            subaccount. At the end of each Business Day, we determine the new accumulation unit value for each subaccount by multiplying the prior Business Day&#8217;s accumulation unit value by the AZL Government Money Market Fund&#8217;s percentage change in price
            since the prior Business Day. The percentage change in price includes the AZL Government Money Market Fund&#8217;s market performance.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Example</font></div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z34618b2add68471492581a5af1cdcbd8">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Determining Index Option Values</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We calculate an Index Option Value for each Index Option at the
            end of each Business Day. Generally, the Index Option Value is equal to the Index Option Base plus any applicable Daily Adjustment. The Daily Adjustment applies &#160;to any Index Option with the Index Precision Strategy, Index Guard Strategy, or
            Index Performance Strategy on Business Days other than the Term Start Date or the Term End Date. It does not apply to any Index Option with the Index Protection Strategy with DPSC or Index Protection Strategy with Cap. The Daily Adjustment can
            be positive or negative and is discussed later in this section.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">On the first Term Start Date, both the Index Option Value and the
            Index Option Base for each of your selected Index Options are initially equal to the amount of:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="zbe4d4b99688642d4a6ca111886cc3b22">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">At the end of each subsequent Business Day for each selected
            Index Option, we first either apply:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z2a509a247ef246c0a0755116b1d57fef">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">the
                    Daily Adjustment if this is not the Term End Date&#160;and this is an Index Option with the Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy, or </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">a Credit if this is the Term End Date. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">We calculate Credits as described under &#8220;Calculating Credits&#8221;
            next in this section and apply them as follows:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z191bbf44a9a844b0a9b78409d5dd0c21">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Lastly, we increase and/or decrease each Index Option Base and
            Index Option Value for additional Purchase Payments, transfers, partial withdrawals and the deduction of any Contract expenses.</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z0451814e9a0a4e22b4c7ab981dbb4c7d">

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

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:2.83%;margin-top:2pt;width:97.17%;" id="z0915c3cf52774739997b8bb3169efd73">

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

            </table>
          </div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;50&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_38"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:2.83%;margin-top:2pt;width:97.17%;" id="z272d7ae5189a49f0963994593c07c442">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.92%;">&#8211;&#8194; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.08%;">We then
                    reduce each Index Option Base by the same percentage that the amount withdrawn reduced its associated Index Option Value. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="zdc0065b98fee487b8a5d1d8cf585d60e">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; <font style="font-weight:bold;">Partial

                      withdrawals and Contract expenses we deduct from the Index Options during the Term do not receive a Credit on the Term End Date</font>. However, the remaining amount in the Index Options is eligible for a Credit on the Term End Date.
                  </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194; You cannot
                    specify from which Index Option or the AZL Government Money Market Fund (if applicable) we deduct Contract expenses; we deduct Contract expenses from each Index Option and the AZL Government Money Market Fund proportionately based on
                    its percentage of Contract Value. However, you can specify from which Index Option or the AZL Government Money Market Fund (if applicable) we deduct a partial withdrawal. <font style="font-weight:bold;">There is no consistent financial
                      advantage to providing partial withdrawal deduction instructions.</font> </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Calculating Credits</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We base Credits on Index Values and Index Returns. We measure
            Index Values on the Term Start Date and Term End Date using the Index&#8217;s price at the end of the Business Day as provided by Bloomberg or another market source if Bloomberg is not available. If the Term Start Date or Term End Date is a
            non-Business Day we use the next Business Day&#8217;s Index price. If you select the EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>, we determine Index Returns without any exchange rate
            adjustment. <font style="font-style:italic;font-weight:bold;">Because we calculate Index Returns only on Term End Dates, the Index Return does not necessarily reflect the highest or lowest Index Values that occurred during the Term.</font></div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.99%;" id="z81f8148f698b4dfe96908d548e22594f">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt; padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.00%;">Crediting Method </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt; padding-right:4pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:41.00%;">If Index Value is less than it was on the<br>
                    Term Start Date<br>
                    (i.e., Index Return is negative): </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:41.00%;">If Index Value is equal to or greater than it was on the Term Start Date<br>
                    (i.e., Index Return is zero or positive): </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:18.00%;">Index Protection Strategy with DPSC </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">Credit is zero </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">Credit is equal to the DPSC set on the Term Start Date </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:18.00%;">Index Protection Strategy with Cap </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">Credit is zero </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">Protection Credit is equal to the Index Return up to the Cap set on the Term Start DateAssume the Cap is 5%. If the Index Return is&#8230;<br>
                    &#8226;&#8194;0%, the Protection Credit is zero.<br>
                    &#8226;&#8194;4%, the Performance Credit is 4%.<br>
                    &#8226;&#8194;12%, the Performance Credit is 5%. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:18.00%;">Index Precision Strategy </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">Performance Credit is equal to the negative Index Return in excess of the BufferAssume the Buffer is 10%. If the Index Return
                    is&#8230;<br>
                    &#8226;&#8194;-8%, the Performance Credit is zero.<br>
                    &#8226;&#8194;-12%, the Performance Credit is -2%. </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">Performance Credit is equal to the Precision Rate set on the Term Start Date </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:18.00%;">Index Guard Strategy </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">Performance Credit is equal to the negative Index Return subject to the FloorAssume the Floor is -10%. If the Index Return is&#8230;<br>
                    &#8226;&#8194;-8%, the Performance Credit is -8%.<br>
                    &#8226;&#8194;-12%, the Performance Credit is -10%. </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">Performance Credit is equal to the Index Return up to the Cap set on the Term Start DateAssume the Cap is 8%. If the Index Return is&#8230;<br>
                    &#8226;&#8194;0%, the Performance Credit is zero.<br>
                    &#8226;&#8194;6%, the Performance Credit is 6%.<br>
                    &#8226;&#8194;12%, the Performance Credit is 8%. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt Solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt; padding-right:4pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:18.00%;">Index Performance Strategy &#8211; 1-year Term </td>
                  <td style="border-bottom:0.5pt Solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt; padding-right:4pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">Performance Credit is equal to the negative Index Return in excess of the Buffer.<br>
                    Assume the Buffer for the 1-year Term is 10%. If the Index Return for the year is&#8230;&#8226;&#8194;-8%, the Performance Credit is zero.<br>
                    &#8226;&#8194;-12%, the Performance Credit is -2%. </td>
                  <td style="border-bottom:0.5pt Solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">Performance Credit is equal to the Index Return up to the Cap set on the Term Start Date<br>
                    Assume the Cap for the 1-year Term is 8%. If the Index Return for the year is&#8230;&#8226;&#8194;0%, the Performance Credit is zero.<br>
                    &#8226;&#8194;6%, the Performance Credit is 6%.<br>
                    &#8226;&#8194;12%, the Performance Credit is 8%. </td>
                </tr>

            </table>
          </div>
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          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;51&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_39"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:98.99%;" id="zf3e36f79318949f792f7c249c137d576">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt; padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.00%;">Crediting Method </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt; padding-right:4pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:41.00%;">If Index Value is less than it was on the<br>
                    Term Start Date<br>
                    (i.e., Index Return is negative): </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1.75pt;padding-left:4pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:41.00%;">If Index Value is equal to or greater than it was on the Term Start Date<br>
                    (i.e., Index Return is zero or positive): </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:18.00%;">Index Performance Strategy &#8211; 3-year Term<br>
                    <font style="font-size:8pt;line-height:10pt;">(available to Contracts issued before April 30, 2021)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">Performance Credit is equal to the negative Index Return in excess of the Buffer.<br>
                    Assume the Buffer for the 3-year Term is 20%. If the Index Return for the Term is&#8230;&#8226;&#8194;-19%, the Performance Credit is zero.<br>
                    &#8226;&#8194;-24%, the Performance Credit is -4%. </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">Performance Credit is equal to the Index Return up to any Cap set on the Term Start Date<br>
                    Assume the Cap for the 3-year Term is 80%. If the Index Return for the Term is&#8230;&#8226;&#8194;0%, the Performance Credit is zero.<br>
                    &#8226;&#8194;65%, the Performance Credit is 65%.<br>
                    &#8226;&#8194;90%, the Performance Credit is 80%. <font style="font-style:italic;font-weight:bold;">If instead, the 3-year Term were uncapped the Performance Credit would be 90%.</font> </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:18.00%;">Index Performance Strategy &#8211; 3-year Term<br>
                    <font style="font-size:8pt;line-height:10pt;">(available to Contracts issued on or after April 30, 2021)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">Performance Credit is equal to the negative Index Return in excess of the Buffer.<br>
                    Assume the Buffer for the 3-year Term is 10%. If the Index Return for the Term is&#8230;&#8226;&#8194;-19%, the Performance Credit is -9%.<br>
                    &#8226;&#8194;-24%, the Performance Credit is -14%. </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.75pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">Performance Credit is equal to the Index Return multiplied by the Participation Rate, up to any Cap set on the Term Start Date<br>
                    Assume the Participation Rate is 100% and the Cap is 80%. If the Index Return for the Term is&#8230;&#8226;&#8194;0%, the Performance Credit is zero.<br>
                    &#8226;&#8194;65%, the Performance Credit is 65%.<br>
                    &#8226;&#8194;90%, the Performance Credit is 80%.<br>
                    <font style="font-style:italic;font-weight:bold;">If instead, the Participation Rate is 110% and the 3-year Term were uncapped</font>, then if the Index Return for the Term is&#8230;&#8226;&#8194;0%, the Performance Credit is zero.<br>
                    &#8226;&#8194;65%, the Performance Credit is 71.5%.<br>
                    &#8226;&#8194;90%, the Performance Credit is 99%. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt; padding-right:4pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:18.00%;">Index Performance Strategy &#8211; 6-year Term<br>
                    <font style="font-size:8pt;line-height:10pt;">(available to Contracts issued on or after April 30, 2021)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt; padding-right:4pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">Performance Credit is equal to the negative Index Return in excess of the Buffer.<br>
                    Assume the Buffer for the 6-year Term is 10%. If the Index Return for the Term is&#8230;&#8226;&#8194;-19%, the Performance Credit is -9%.<br>
                    &#8226;&#8194;-24%, the Performance Credit is -14%. </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:41.00%;">Performance Credit is equal to the Index Return multiplied by the Participation Rate, up to any Cap set on the Term Start Date<br>
                    Assume the Participation Rate is 100% and the Cap is 95%. If the Index Return for the Term is&#8230;&#8226;&#8194;0%, the Performance Credit is zero.<br>
                    &#8226;&#8194;65%, the Performance Credit is 65%.<br>
                    &#8226;&#8194;90%, the Performance Credit is 90%.<br>
                    <font style="font-style:italic;font-weight:bold;">If instead, the Participation Rate is 110% and the 6-year Term were uncapped</font>, then if the Index Return for the Term is&#8230;&#8226;&#8194;0%, the Performance Credit is zero.<br>
                    &#8226;&#8194;65%, the Performance Credit is 71.5%.<br>
                    &#8226;&#8194;90%, the Performance Credit is 99%. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Daily Adjustment&#160;for the Index Precision Strategy, Index Guard
            Strategy, and Index Performance Strategy</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We designed the Daily Adjustment to provide an Index Option Value
            during the Term on days other than the Term Start Date or the Term End Date. The Daily Adjustment can affect the amounts available for withdrawal, annuitization, payment of the death benefit, and the Contract Value used to determine the Income
            Payments, Charge Base, and contract maintenance charge. It is discussed in the Summary - What is the Daily Adjustment?; and in Risk Factors &#8211; Risk of Negative Returns. The Daily Adjustment formula is described in Appendix B and in Exhibit 99(b)
            of the Form S-1 Registration Statement filed with the SEC, of which this prospectus is a part. This information is incorporated by reference into this prospectus. You can obtain a copy of Exhibit 99(b) by calling (800) 624-0197, or visiting our
            website at www.allianzlife.com.</div>
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          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;52&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_40"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Performance Locks</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We must receive a manual Performance Lock request in Good Order
            before the end of the current Business Day to lock an Index Option with the Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy on that day. Otherwise the Lock Date will occur on the next Business Day that your request
            is in Good Order. We do not allow Performance Locks to occur on Term End Dates. For requests submitted in writing, we do not consider the request to be received until it arrives at our Service Center.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You (or your Financial Professional, if authorized) can request
            an automatic Performance Lock based on targets you set only through your account on our website. When you establish your account you must provide us with an email address. You can set upper and/or lower targets for each of these Index Options
            each Term. <font style="font-style:italic;font-weight:bold;">Setting a target close to the current Index Option Value return may cause a Performance Lock to occur very quickly.</font> You can change or cancel targets at any time before we
            execute a Performance Lock. Each Index Option&#8217;s targets automatically expire on the earlier of the Lock Date, or the last Business Day before the Term End Date. You can also &#8220;over-ride&#8221; a target by requesting a manual Performance Lock before
            the target is reached. We determine if a target is reached using the Index Option Values determined at the end of the prior Business Day using the prior day&#8217;s Daily Adjustment. We then execute the Performance Lock using the Daily Adjustment
            determined at the close of business on the Lock Date.<font style="font-style:italic;font-weight:bold;"> By setting targets you are authorizing us to automatically execute a Performance Lock at the end of the Business Day on the Lock Date upon
              which the target is reached, unless you cancel the lock. </font>We will send an email notice once the Daily Adjustment for an Index Option reaches a target. To cancel an automatic Performance Lock after a target is reached, we must receive
            your request in Good Order <font style="font-weight:bold;">before</font> the end of the Business Day on the Lock Date.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">For example, assume the Cap for the Index Performance Strategy
            1-year Term with the S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index is 10.25% and you set a target of 9.50%. On a Tuesday, your Daily Adjustment determined at the end of the
            Business Day is 9.63%. We will send you an email notice and assuming Wednesday is a Business Day, we will execute the Performance Lock on Wednesday (which will be your Lock Date) using the Daily Adjustment determined at the close of business.
            If Wednesday is a non-Business Day, your Lock Date would instead be Thursday (assuming it is a Business Day). <font style="font-style:italic;font-weight:bold;">Note that the Daily Adjustment on the Lock Date could be greater or less than your
              target of 9.50%, or Tuesday&#8217;s Daily Adjustment of 9.63%.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">A Performance Lock can be executed once each Term for each of
            these Index Options. A Performance Lock applies to the total Index Option Value in an Index Option, and not just a portion of that Index Option Value. We use the Daily Adjustment calculated at the end of the current Business Day on the Lock
            Date to determine your locked Index Option Value. This &#8220;locked&#8221; Index Option Value may be more or less than the &#8220;unlocked&#8221; Index Option Value that is available for your review on the Lock Date because the unlocked Index Option Value was
            determined at the end of the <font style="font-weight:bold;">prior</font> Business Day. After the Lock Date, the Index Option Value stays in the locked Index Option for the remainder of the Term, Daily Adjustments do not apply for the
            remainder of the Term and the locked Index Option Value will not receive a Performance Credit on the Term End Date. However, a locked Index Option Value can decrease if you take a partial withdrawal or when we deduct Contract expenses. On the
            next Index Anniversary that occurs on or immediately after the Lock Date, all locked Index Options will be unlocked, we will transfer the locked Index Option Value according to your instructions, and Daily Adjustments will again apply for the
            new Term. If you do not provide us with transfer instructions, the Index Option Value will remain in the same Index Option&#160;with a new Term Start Date. <font style="font-style:italic;font-weight:bold;">Performance Locks are not available for
              any Index Option with the Index Protection Strategy with DPSC or Index Protection Strategy with Cap.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">A Performance Lock can help eliminate doubt about future Index
            performance and possibly limit the impact of a negative Performance Credit you would otherwise receive. A Performance Lock can also allow you to transfer assets out of a 3-year or 6-year Term Index Option before the Term End Date if you execute
            it on or before the second Index Anniversary of a 3-year Term, or on or before the fifth Index Anniversary of a 6-year Term. The disadvantage of executing a Performance Lock is that the relevant Index Value could increase by the Term End Date,
            and you will not participate in that increase. In addition, if you execute a Performance Lock, you may receive less than the full protection of the Buffer or Floor, than you would have received if you waited for us to apply the Performance
            Credit on the Term End Date.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Optional Reallocation Program for the 1-year Term Index Options</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Index Option performance may cause the percentage of total Index
            Option Value in each 1-year Term Index Option to change. Reallocating can help you maintain your selected 1-year Term Index Option allocation percentages. You can direct us to automatically reallocate your 1-year Term Index Option Values on
            each Term End Date (or on the next Business Day if the Term End Date is a non-Business Day) according to your instructions. We must receive your reallocation instructions in Good Order at our Service Center before the end of the Business Day we
            reallocate. We reserve the right to discontinue</div>
        </div>
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          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;53&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_41"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">or modify the optional reallocation program at any time and for any reason. To end
            this program, we must receive your request at our Service Center before the end of the last Business Day immediately before the Term End Date.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z37dfa4a2d256496dae9f918b652b4e12">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">You cannot participate in the Optional Reallocation Program if you select a 3-year or&#160;6-year Term Index Option. <font style="font-style:Normal;font-weight:Normal;">If you are participating in this program and select a 3-year or&#160;6-year Term Index Option, on the Term Start Date your participation in this program ends and we will not reallocate your
                      1-year Term Index Option Values.</font> </td>
                </tr>

            </table>
          </div>
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">6.<font style="text-transform:uppercase;">&#160;&#160;Expenses</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Contract fees and expenses reduce your investment return and are
            described here in detail. We set the Contract fees and expenses on the Issue Date and they cannot change.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Annual Contract Fees: Product and Rider Fees</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The product fee compensates us for providing all your Contract&#8217;s
            benefits, including our contractual obligation to make Annuity Payments and certain Contract and distribution expenses. The product fee also compensates us for assuming the expense risk that the current fee is less than future Contract
            administration costs as well as the cost of providing certain features under the Contract. The rider fees compensate us for the benefits provided by the Income Benefit and Maximum Anniversary Value Death Benefit, including the benefits&#8217;
            guarantees. If the product and rider fees cover these costs and risks, any excess is profit to us. We anticipate making such a profit.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:100%;" id="z2bccd6980a7b4055949ce52f44441b84">

                <tr style="page-break-inside:avoid;">
                  <td style="line-height:10pt;padding-bottom:3pt;padding-right:6pt;text-align:center;vertical-align:bottom;width:71.03%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:3pt;padding-left:6pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:bottom;width:30.18%;">Annual Contract Fees<br>
                    <font style="font-weight:Normal;">(as a percentage of the Charge Base)</font> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1pt;padding-left:0pt;padding-right:6pt;padding-top:1.88pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:71.03%;">
                    <div style="float:left;">Product Fee<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:4.50pt;vertical-align:auto;"> </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.88pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:30.18%;">1.25% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:1pt;padding-left:0pt;padding-right:6pt;padding-top:1pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:71.03%;">
                    <div style="float:left;">Rider Fee for the Income Benefit</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:1pt;padding-left:6pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:30.18%;">0.70% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:3pt;padding-left:0pt;padding-right:6pt;padding-top:1pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:71.03%;">
                    <div style="float:left;">Rider Fee for the optional Maximum Anniversary Value Death Benefit<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup></div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:4.50pt;vertical-align:auto;"> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:3pt;padding-left:6pt;padding-top:1pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:30.18%;">0.20% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1.88pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:71.03%;">
                    <div style="float:left;">Total Contract Fees for Contracts with the Income Benefit and optional Maximum Anniversary Value Death Benefit</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-top:1.88pt;text-align:center;text-decoration:none;text-transform:none; vertical-align:bottom;white-space:nowrap;width:30.18%;">2.15% </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="1" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="z360561a4c5aa49aba3fdffbcefae4e05">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(1) </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Upon the
                    death of the Owner, we continue to assess this product fee under death benefit payment Option B, and with optional payments under death benefit payment Option C, as noted in section 10, Death Benefit. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:3.64%;">(2) </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:96.36%;">We no longer assess the 0.20% rider fee for the Maximum Anniversary Value Death Benefit once we receive either the first Valid Claim from any one Beneficiary, or due proof of a Determining Life&#8217;s death
                    if you and the Determining Life are different individuals and the Determining Life predeceases you. </td>
                </tr>

            </table>
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          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;54&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_42"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The product and rider fees are annualized rates that we calculate
            and accrue on a daily basis as a percentage of the Charge Base during the Accumulation Phase as follows.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.58%;" id="z54066b1b15d44dd3bd086fd68c68aaa7">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: Normal; line-height: 13pt; text-align: center; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:9pt;width:99.60%;" id="za1c528a5fe2a4463a48f7d5375cbd015">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">We do not treat the deduction of the accrued product and rider fees as a withdrawal when computing your Guaranteed Death Benefit Value (see section 10). However,
                    if you select the Maximum Anniversary Value Death Benefit we deduct all Contract fees and expenses on the Index Anniversary (including the accrued product and rider fees if this is also a Quarterly Contract Anniversary) before we
                    capture any annual investment gains in the Maximum Anniversary Value. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">Deduction of the final product and rider fees</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="zfb933e754ec14583887889e1d6d48e77">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z48ba505e607a40d88c493e7125d4e064">

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

            </table>
          </div>
        </div>
        <div style="margin-top:55pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;55&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_43"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Contract Maintenance Charge</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Your annual contract maintenance charge is $50. This charge is
            for Contract administration and maintenance expenses. We waive this charge as follows:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zf0effab2dade4c90a2f31c6966c9df1f">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">During
                    the Accumulation Phase&#160;(and Income Period, if applicable), if the total Contract Value for all Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Contracts you own is
                    at least $100,000 at the end of the last Business Day before the Contract Anniversary, or if the Contract Value for this single Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Contract is at least $100,000 on the Contract Anniversary. We determine the total Contract Value for all individually owned Index Advantage
                    Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Contracts by using the Owner&#8217;s social security number, and for non-individually owned Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Contracts we use the Annuitant&#8217;s social security number. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">During
                    the Annuity Phase&#160;if the total Contract Value for all&#160;Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>&#160;Contracts on the last Business Day before the Annuity Date is
                    at least $100,000. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">When paying death benefits. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">During the Accumulation Phase, we deduct the contract maintenance
            charge:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z659849c6e709415396ebdc98b2bf322a">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If you take a full withdrawal from your Contract (other than on a
            Contract Anniversary), we deduct the full contract maintenance charge. We do not treat the deduction of the contract maintenance charge as a withdrawal when computing Guaranteed Death Benefit Value. During the Annuity Phase, we deduct the
            contract maintenance charge proportionately from each Annuity Payment.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Withdrawal Charge</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can take withdrawals during the Accumulation Phase and Excess
            Withdrawals during the Income Period while your Contract Value is positive. A withdrawal charge applies if any part of a withdrawal or Excess Withdrawal comes from a Purchase Payment that is still within the withdrawal charge period. We assess
            the withdrawal charge against the Withdrawal Charge Basis, which is equal to total Purchase Payments, less any Purchase Payments withdrawn (excluding any Penalty-Free Withdrawals), and less any applicable withdrawal charge. We do not reduce the
            Withdrawal Charge Basis for any amounts we deduct to pay other Contract expenses.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We do not assess a withdrawal charge on Penalty-Free Withdrawals or
            amounts we deduct to pay Contract expenses, other than the withdrawal charge. However, any amounts used to pay a withdrawal charge are subject to a withdrawal charge.<font style="font-weight:Normal;"> Amounts withdrawn to pay investment adviser
              fees are subject to a withdrawal charge if they exceed the free withdrawal privilege during the Accumulation Phase and before the Income Period, or if they are taken as an Excess Withdrawal during the Income Period.</font></div>
        </div>
        <div style="margin-top:243pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;56&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_44"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.58%;" id="z1098a3e2d8fd45dcbd42858e5cbaf040">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt;padding-right:6pt;padding-top:3pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:48.62%;" colspan="3">Calculating a Withdrawal Charge </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2pt;padding-right:6pt;padding-top:3pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt;padding-right:6pt;padding-top:3pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:49.38%;">Example </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:48.62%;" colspan="3">For purposes of calculating any withdrawal charge, we withdraw Purchase Payments on a &#8220;first-in-first-out&#8221; (FIFO) basis and we process withdrawal
                    requests as follows. </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:49.38%;">You make an initial Purchase Payment of $55,000 and make another Purchase Payment in the first month of the second Contract Year of $45,000. In the third month
                    of the third Contract Year, your Contract Value is $110,000 and you request a $70,000 withdrawal. We withdraw money and compute the withdrawal charge as follows. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:48.62%;" colspan="3">1.&#8194; First we withdraw from Purchase Payments that we have had for six or more complete years, which is your Contract&#8217;s withdrawal charge period. This
                    withdrawal is not subject to a withdrawal charge and it reduces the Withdrawal Charge Basis. </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:49.38%;">1<font style="font-weight:bold;">.&#8194;</font><font style="font-weight:bold;"> Purchase Payments beyond the withdrawal charge period.</font> All payments are still
                    within the withdrawal charge period, so this does not apply. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:48.62%;" colspan="3">2.&#8194; Then, if this is a partial withdrawal&#160;during the Accumulation Phase and before the Income Period, we withdraw from the free withdrawal privilege
                    (see section 7, Access to Your Money &#8211; Free Withdrawal Privilege). This withdrawal is not subject to a withdrawal charge and it does not reduce the Withdrawal Charge Basis. </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:49.38%;">2<font style="font-weight:bold;">.&#8194;</font><font style="font-weight:bold;"> Amounts available under the free withdrawal privilege.</font> You did not take any
                    other withdrawals this year, so you can withdraw up to 10% of your total payments (or $10,000) without incurring a withdrawal charge. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:48.62%;" colspan="3">3.&#8194; Next, on a FIFO basis, we withdraw from Purchase Payments within your Contract&#8217;s withdrawal charge period and assess a withdrawal charge.
                    Withdrawing payments on a FIFO basis may help reduce the total withdrawal charge because the charge declines over time. We determine your total withdrawal charge by multiplying each payment by its applicable withdrawal charge percentage
                    and then totaling the charges. This withdrawal reduces the Withdrawal Charge Basis.<br>
                    The withdrawal charge as a percentage of each Purchase Payment withdrawn is as follows. </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:49.38%;">3<font style="font-weight:bold;">.&#8194;</font><font style="font-weight:bold;"> Purchase Payments within the withdrawal charge period on a FIFO basis.</font> The total amount we withdraw
                    from the first Purchase Payment is $55,000, which is subject to a 7% withdrawal charge, and you receive $51,150. We determine this amount as follows:<br>
                    (<font style="font-weight:bold;">amount withdrawn) x (1 &#8211; withdrawal charge) = the amount you receive, or:<br>
                    </font>$55,000 x 0.93 = $51,150<br>
                    Next we withdraw from the second Purchase Payment.<br>
                    So far, you received $61,150 ($10,000 under the free withdrawal privilege and $51,150 from the first Purchase Payment), so we withdraw $8,850 from the second Purchase Payment to equal the $70,000 you requested. The second Purchase
                    Payment is subject to an 8% withdrawal charge. We calculate the total amount withdrawn and its withdrawal charge as follows:<br>
                    <font style="font-weight:bold;">(the amount you receive) &#247; (1 &#8211; withdrawal charge) = amount withdrawn, or:<br>
                    </font>$8,850 &#247; 0.92 = $9,620. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:6pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:22.69%;">Number of Complete Years<br>
                    Since Purchase Payment </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:6pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:6pt; padding-right:6pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:23.92%;">Withdrawal Charge<br>
                    Amount </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:6pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:6pt;padding-top:2pt;text-align:center;vertical-align:top;width:49.38%;">&#160; </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:2.75pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:22.69%;">0<br>
                    1<br>
                    2<br>
                    3<br>
                    4<br>
                    5<br>
                    6 years or more </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:2.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2.75pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:23.92%;">8.5%<br>
                    8%<br>
                    7%<br>
                    6%<br>
                    5%<br>
                    4%<br>
                    0% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:2.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:2.75pt;text-align:center;vertical-align:top;width:49.38%;">&#160; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:48.62%;" colspan="3">4.&#8194; Finally we withdraw any Contract earnings. This withdrawal is not subject to a withdrawal charge and it does not reduce the
                    Withdrawal Charge Basis. </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:49.38%;">4.&#8194; <font style="font-weight:bold;">Contract earnings.</font> We already withdrew your requested amount, so this does not apply.<br>
                    <font style="font-weight:bold;">In total we withdrew $74,620 from your Contract, of which you received $70,000 and paid a withdrawal charge of $4,620.</font> </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Upon a full withdrawal, we first deduct any applicable product
            fee, rider fee, and contract maintenance charge before we calculate the withdrawal charge. We deduct any applicable withdrawal charge from the total Contract Value and send you</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;57&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_45"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">the remaining amount. For a partial withdrawal we deduct the amount you request,
            plus any applicable withdrawal charge from the total Contract Value. We apply the withdrawal charge to this total amount and we pay you the amount you requested. We deduct any partial withdrawal (including any withdrawal charge) proportionately
            from each Index Option and the AZL Government Money Market Fund unless you provide us with alternate instructions. If a partial withdrawal occurs on a day that we also assess the product fee, rider fee, and/or contract maintenance charge, we
            assess these charges in this order after we deduct the withdrawal and any applicable withdrawal charge from the Contract Value.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The withdrawal charge compensates us for expenses associated with
            selling the Contract.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Reduction or Elimination of the Withdrawal Charge</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We may reduce or eliminate the withdrawal charge when the
            Contract is sold under circumstances that reduce its sales expenses. We will implement this withdrawal charge reduction or elimination in a nondiscriminatory manner. For example, if a large group of individuals purchases Contracts or if a
            prospective purchaser already has a relationship with us. We may choose not to deduct a withdrawal charge under a Contract issued to an officer, director, or employee of Allianz Life or any of its affiliates. Also, we may reduce or eliminate
            the withdrawal charge when a Contract is sold by a Financial Professional appointed with Allianz Life to any members of his or her immediate family and the Financial Professional waives their commission. We must pre-approve any withdrawal
            charge reduction or elimination.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="zbd4f62274254461497f1fd02d73fa06a">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Premium Tax</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Premium tax is based on your state of residence at the time you
            make each Purchase Payment. In states that assess a premium tax, we do not currently deduct it from the Contract, although we reserve the right to do so in the future. Premium tax normally ranges from 0% to 3.5% of the Purchase Payment,
            depending on the state or governmental entity.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Income Tax</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Currently, we do not deduct any Contract related income tax we
            incur, although we reserve the right to do so in the future.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">AZL Government Money Market Fund Expenses</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The AZL Government Money Market Fund's assets are subject to
            operating expenses (including management fees). These expenses are described in the Fee Tables and in the AZL Government Money Market Fund's prospectus. These expenses reduce the AZL Government Money Market Fund's performance and, therefore,
            negatively affect your Contract Value and any payments based on Contract Value. The AZL Government Money Market Fund provided us with the expense information in this prospectus and we did not independently verify it.</div>
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">7.<font style="text-transform:uppercase;">&#160;&#160;Access to
              Your Money</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Your Contract Value is available under the following
            circumstances:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zbe17abdb65494802868230a09677ece2">

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

            </table>
          </div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;58&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_46"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z3c9ca63e29ca4deb80bee14cc91ad4fb">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">when we
                    pay a death benefit. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">You can take withdrawals during the Accumulation Phase either as
            partial withdrawals before the Income Period, or as Income Payments or Excess Withdrawals during the Income Period. We process withdrawal requests based on values next determined after receipt of the request in Good Order at our Service Center.
            Values are normally determined at the end of each Business Day. We process any withdrawal request received at or after the end of the current Business Day using values determined on the next Business Day.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Any partial withdrawal must be for at least $100.* The Contract
            Value after a partial withdrawal must be at least $2,000.** <font style="font-weight:bold;">We reserve the right to treat a partial withdrawal that reduces the Contract Value below this minimum as a full withdrawal.</font></div>
          <div>
            <table cellspacing="0" cellpadding="1" style="border-collapse:collapse;empty-cells:show;margin-top:1pt;width:100%;" id="zbdabfde9f0d345cf86423f0b035fde5f">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We deduct any partial withdrawal (including any withdrawal
            charge) proportionately from each Index Option and the AZL Government Money Market Fund unless you provide us with alternate instructions.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">When you take a full withdrawal, we process your request on the
            Business Day we receive it in Good Order at our Service Center as follows:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="zd549bac18d2e4b2d8e6ccb320ad609b8">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">See the Fee Tables and section 6, Expenses for a discussion of
            the Contract fees and expenses.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We pay withdrawals promptly, but in no event later than seven
            days after receipt of your request in Good Order at our Service Center, unless the suspension of payments or transfers provision is in effect (see the discussion later in this section).</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="zc3ef232b49d245cdb9e126b84fe01a87">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; Withdrawals may be subject to a
                    withdrawal charge, state and federal taxation, and a 10% additional federal tax if you are under age 59<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8202;1</sup>&#8260;<font style="font-size:6pt;line-height:8pt;">2</font>, and the amount of Contract Value available for withdrawal may be affected by the Daily Adjustment <font style="font-style:italic;font-weight:bold;">(which can be negative)</font>. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; <font style="font-weight:bold;">Joint

                      Owners:</font> We send one check payable to both Joint Owners and tax each Joint Owner individually. <font style="font-style:italic;font-weight:bold;">This can create a discrepancy in taxation if only one Joint Owner is under age 59<sup style="font-style: italic; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8202;1</sup>&#8260;</font><font style="font-size:6pt;font-style:italic;font-weight:bold;line-height:8pt;">2</font><font style="font-style:italic;font-weight:bold;"> because that Joint Owner will be subject to the 10% additional federal tax.</font> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194; We may be
                    required to provide information about you or your Contract to government regulators. We may also be required to stop Contract disbursements and thereby refuse any transfer requests, and refuse to pay any withdrawals, surrenders, or
                    death benefits until we receive instructions from the appropriate regulator. If, pursuant to SEC rules, the AZL Government Money Market Fund suspends payment of redemption proceeds in connection with a fund liquidation, we will delay
                    payment of any transfer, partial withdrawal, surrender, or death benefit from the AZL Government Money Market Fund subaccount until the fund is liquidated. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Free Withdrawal Privilege</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Each Contract Year during the Accumulation Phase and before the
            Income Period, you can withdraw up to 10% of your total Purchase Payments without incurring a withdrawal charge (the free withdrawal privilege). Any unused free withdrawal privilege in one Contract Year is not added to the amount available next
            year. Purchase Payment withdrawals that are outside the six year withdrawal charge period are not subject to a withdrawal charge and do not reduce your free withdrawal privilege. Required minimum distribution payments are not subject to a
            withdrawal charge, but do reduce your free withdrawal privilege.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="za24c13cbc1a24174b291c82485f9ef85">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Systematic Withdrawal Program</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The systematic withdrawal program can provide automatic
            withdrawal payments to you during the Accumulation Phase and before the Income Period. You can request to receive these withdrawal payments monthly, quarterly, semi-annually or annually. However, if your Contract Value is less than $25,000, we
            only make annual payments. The minimum amount you can withdraw under this program is $100 and there is no maximum. During the withdrawal charge period (if</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;59&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_47"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">applicable), systematic withdrawals in excess of the free withdrawal privilege are
            subject to a withdrawal charge. We make systematic withdrawals on the ninth of the month, or the next Business Day if the ninth is a non-Business Day. We must receive your systematic withdrawal program form instructions in Good Order at our
            Service Center before the end of the Business Day before we process these withdrawals, or your program does not begin until the next month. This program ends at the earliest of your request, on the Income Benefit Date, or when you withdraw your
            total Contract Value. However, we reserve the right to discontinue or modify the systematic withdrawal program at any time and for any reason.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z9a401eb4d9a34b7e9373f3580d469403">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; <font style="font-weight:bold;">Ordinary

                      income taxes and tax penalties may apply to systematic withdrawals.</font> </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194; <font style="font-weight:bold;">The systematic withdrawal program is not available during the Income Period or while you are receiving required minimum distribution payments.</font> </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Minimum Distribution Program and Required Minimum Distribution
            (RMD) Payments</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you own an IRA or SEP IRA Contract, you can participate in the
            minimum distribution program during the Accumulation Phase&#160;(and Income Period, if applicable). Under this program, we make payments to you designed to meet the applicable minimum distribution requirements imposed by the Code for this Qualified
            Contract. RMD payments are not subject to a withdrawal charge, but they reduce the free withdrawal privilege amount during the Contract Year. We can make payments to you on a monthly, quarterly, semi-annually or annually. However, if your
            Contract Value is less than $25,000, we only make annual payments. You cannot aggregate RMD payments between this Contract and other qualified contracts that you own. We make RMD payments on the ninth of the month, or the next Business Day if
            the ninth is a non-Business Day. We must receive your program form instructions in Good Order at our Service Center before the end of the Business Day before we process these payments, or your program does not begin until the next month.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">When you request Income Payments, we ask for instructions
            regarding your RMD needs for this Contract. If you choose to use Income Payments to satisfy your RMD needs, we determine whether this calendar year&#8217;s total RMD has been satisfied by your Income Payments and any Excess Withdrawals. If the RMD
            amount for this Contract has not been satisfied, we send you this remaining amount as one RMD payment by the end of the calendar year. We consider this payment to be a withdrawal, but it is not an Excess Withdrawal and it is not subject to a
            withdrawal charge. For more information, see section 9, Income Benefit &#8211; Calculating Your Income Payments.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z55719617ca1044c2a68947f35f2337b8">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; <font style="font-weight:bold;">You

                      should consult a tax adviser before purchasing a Qualified Contract that is subject to RMD payments.</font> </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194; <font style="font-weight:bold;">The minimum distribution program is not available while you are receiving systematic withdrawals.</font> </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Waiver of Withdrawal Charge Benefit</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">After the first Contract Year, if any Owner becomes confined to a
            nursing home for a period of at least 90 consecutive days and a physician certifies that continued confinement is necessary, you can take withdrawals and we waive the withdrawal charge. This waiver is not available if any Owner was confined to
            a nursing home on the Issue Date. We base this benefit on the Annuitant for non-individually owned Contracts. We must receive proof of confinement in Good Order for each withdrawal before we waive the withdrawal charge.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Suspension of Payments or Transfers</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We may be required to suspend or postpone transfers or payments
            for withdrawals* for more than seven days after receipt of your request in Good Order at our Service Center, for any period when:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z726156b556f244f6bccc3b1121a7aa6a">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">the New
                    York Stock Exchange is closed (other than customary weekend and holiday closings); </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">trading
                    on the New York Stock Exchange is restricted; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">an
                    emergency (as determined by the SEC) exists as a result of which disposal of the AZL Government Money Market Fund shares is not reasonably practicable or we cannot reasonably value the shares; or </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">during any other period when the SEC, by order, so permits for the protection of Owners. </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="z1e141630ae014d48b9479e8b66da0ef9">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">* </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Including
                    Income Payments and Excess Withdrawals. </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:69pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;60&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_48"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">8.<font style="text-transform:uppercase;">&#160;&#160;The
              Annuity Phase</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Prior to annuitization, you can surrender your Contract and
            receive your total Contract Value (less the final product fee, and any applicable final rider fee, contract maintenance charge, and withdrawal charge). If you surrender your Contract on any day other than a Term Start Date or Term End Date and
            you have Contract Value in the Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy, we apply the Daily Adjustment to these Index Option Values before we deduct the final Contract fees and expenses.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Annuity Payments offer a guaranteed lifetime income stream with
            certain tax advantages and are designed for Owners who no longer need immediate access to Contract Value to meet their short-term income needs.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can apply your Contract Value to regular periodic fixed
            Annuity Payments. The Payee receives the Annuity Payments. You receive tax reporting on the payments, whether or not you are the Payee. We may require proof of the Annuitant(s)&#8217; age before we make any life contingent Annuity Payment. If you
            misstate the Annuitant(s)&#8217; age or gender, we recalculate the Annuity Payments based on the correct age or gender.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Calculating Your Annuity Payments</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We base Annuity Payments upon the following:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="zcc33f1448ca741cfaf20e95c6949d3c0">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                    Contract Value less the final product fee, and rider fee (if applicable) on the Annuity Date. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The age
                    of the Annuitant and any joint Annuitant on the Annuity Date. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                    gender of the Annuitant and any joint Annuitant where permitted. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                    Annuity Option you select. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Your Contract&#8217;s interest rate (or current rates, if higher) and mortality table. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If the Annuity Date is not a Term End Date, Contract Value
            reflects the Daily Adjustment if you selected a 3-year or 6-year Term Index Option. We guarantee the dollar amount of Annuity Payments and this amount remains fixed and does not change during the entire annuity payout option period that you
            selected, except as provided under Annuity Option 3, or if your Income Payments under the Increasing Income payout option are converted to Annuity Payments. The contract maintenance charge is deducted proportionately from each Annuity Payment,
            unless your Contract Value on the last Business Day before the Annuity Date is at least $100,000.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Annuity Payment Options</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can choose one of the Annuity Options described below&#160;or any
            other payment option to which we agree. After Annuity Payments begin, you cannot change the Annuity Option.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Option 1. Life Annuity.<font style="font-weight:Normal;"> We make
              Annuity Payments during the life of the Annuitant, and the last payment is the one that is due before the Annuitant&#8217;s death. If the Annuitant dies shortly after the Annuity Date, the Payee may receive less than your investment in the
              Contract.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Option 2. Life Annuity with Payments Over 5, 10, 15 or 20 Years
            Guaranteed.<font style="font-weight:Normal;"> We make Annuity Payments during the life of the Annuitant, with payments for a minimum guaranteed period that you select.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Option 3. Joint and Last Survivor Annuity.<font style="font-weight:Normal;"> We make Annuity Payments during the lifetimes of the Annuitant and the joint Annuitant. Upon the death of one Annuitant, Annuity Payments to the Payee continue during the lifetime of the surviving joint Annuitant,
              at a level of 100%, 75% or 50% selected by the Owner when he or she chose this Annuity Payment option. If both Annuitants die shortly after the Annuity Date, the Payee may receive less than your investment in the Contract.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Option 4. Joint and Last Survivor Annuity with Payments Over 5, 10,
            15 or 20 Years Guaranteed. <font style="font-weight:Normal;">We make Annuity Payments during the lifetimes of the Annuitant and the joint Annuitant, with payments for a minimum guaranteed period that you select.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Option 5. Refund Life Annuity. <font style="font-weight:Normal;">We
              make Annuity Payments during the lifetime of the Annuitant, and the last payment is the one that is due before the Annuitant&#8217;s death. After the Annuitant&#8217;s death, the Payee may receive a lump sum refund. The amount of the refund equals the
              amount applied to this Annuity Option minus the total paid under this option.</font></div>
        </div>
        <div style="margin-top:30pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;61&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_49"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Under Annuity Options 1, 3 and 5, if all Annuitants die on or
            after the Annuity Date and before we send the first Annuity Payment, we will cancel Annuity Payments and upon receipt of a Valid Claim we will pay the Contract Value determined on the Annuity Date to surviving individual Owner, or the
            Beneficiary(s) if there is no surviving Owner. If the Owner is a non-individual, we pay the Owner.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">After the Annuitant&#8217;s death under Annuity Option 2, or the last
            surviving joint Annuitant's death under Annuity Option 4, we make Annuity Payments during the remaining guaranteed period in the following order based on who is still alive: the Payee, any surviving original Owner, the last surviving Owner&#8217;s
            Beneficiaries, or to the last surviving Owner&#8217;s estate if there are no remaining or named Beneficiaries.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Annuity Payments are usually lower if you select an Annuity
            Option that requires us to make more frequent Annuity Payments or to make payments over a longer period of time. If you choose life contingent Annuity Payments, payout rates for a younger Annuitant are lower than the payout rates for an older
            Annuitant and payout rates for life with a guaranteed period are typically lower than life only payments. Monthly payout rates are lower than annual payout rates, payout rates for a 20-year guaranteed period are less than payout rates for a
            10-year guaranteed period, and payout rates for a 50-year-old Annuitant are less than payout rates for a 70-year-old Annuitant.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z2032ddec2d8047be98b782c72876d4b2">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">If you do not choose an Annuity Option before the Annuity Date, we make Annuity Payments to the Payee under Annuity Option 2 with ten years of guaranteed monthly
                    payments. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">When Annuity Payments Begin</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Annuity Payments begin on the Annuity Date. Your scheduled
            Annuity Date is the later of: a) the Index Anniversary that the Annuitant reaches age 90, or b) the tenth Index Anniversary, and is stated in your Contract. An earlier Annuity Date or a withdrawal may be required to satisfy minimum required
            distribution rules under certain Qualified Contracts. <font style="font-style:italic;font-weight:bold;">You can make an authorized request for a different, earlier or later Annuity Date after the Issue Date, but any such request is subject to
              applicable law and our approval.</font> An earlier or later Annuity Date may not be available to you depending on the Financial Professional you purchase your Contract through and your state of residence. Your Annuity Date must be at least
            two years after the Issue Date and must occur on an Index Anniversary.</div>
        </div>
        <div style="margin-top:342pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;62&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_50"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z41f339fb66464f05ba6351707d71f375">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Arial;font-family:Times New Roman;font-size:9pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:bold;font-weight:Normal;line-height:11pt;line-height:12pt; padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; <font style="font-weight:bold;">If Annuity Payments
                      would be less than $100, we reserve the right to require you to take a full withdrawal and your Contract will then terminate.</font> </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; <font style="font-weight:bold;">If

                      on the Annuity Date (which may occur as early as age 90 or as late as age 100) your Contract Value is greater than zero, you must annuitize the Contract.</font> We notify you of your available options in writing 60 days in advance,
                    including the option to extend your Annuity Date if available. <font style="font-style:italic;font-weight:bold;">If on your Annuity Date you have not selected an Annuity Option, we make payments under Annuity Option 2 with ten years of
                      guaranteed monthly payments.</font> Upon annuitization you no longer have Contract Value or a death benefit, and you cannot receive any other periodic withdrawals or payments other than Annuity Payments. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; <font style="font-weight:bold;">For

                      Contracts in the Income Period:</font> We will convert your Income Payments to Annuity Payments if your Contract Value is greater than zero and you take Annuity Payments under Annuity Option 1 or 3 as follows. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:18pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;">For single Income Payments, if you choose Annuity Option 1 (Life Annuity) the sole Covered Person becomes the sole Annuitant and your Annuity Payments are equal to the greater of: </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:18pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;">&#8211;&#8194; annual Annuity Payments under Annuity Option 1 based on the Contract Value; or </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:18pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;">&#8211;&#8194; the current annual maximum Income Payment available to you. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:18pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;">For joint Income Payments, if you choose Annuity Option 3 (Joint and Last Survivor Annuity) with Annuity Payments to continue at a level of 100% to the surviving joint Annuitant, the
                    joint Covered Persons become the joint Annuitants and your Annuity Payments are equal to the greater of: </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:18pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;">&#8211;&#8194; annual Annuity Payments under Annuity Option 3 based on the Contract Value; or </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:18pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;">&#8211;&#8194; the current annual maximum Income Payment available to you. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:18pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;">If you select any other Annuity Option, we will not convert your Income Payments to Annuity Payments. <font style="font-weight:bold;">This means you may receive less as Annuity
                      Payments than you would have received as Income Payments. You should consult with your Financial Professional before requesting Annuity Payments. On request we provide illustrations showing you the amount of Annuity Payments you could
                      receive.</font> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:18pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;">If we convert your Income Payments to Annuity Payments: </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:18pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;">&#8211;&#8194; On the Annuity Date we establish a &#8220;remaining value&#8221; equal to your Contract Value. Each Annuity Payment reduces the remaining value by the dollar amount paid. Upon the death of the
                    last surviving Annuitant, we will pay any remaining value to the named Beneficiary(s). </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:18pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;">&#8211;&#8194; If you selected the Increasing Income payout option, your Annuity Payments will increase on each Index Anniversary if your selected Index Options receive a DPSC or Protection Credit
                    as described in section 9. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:18pt;padding-right:4pt;padding-top:1.25pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">&#8211;&#8194; If you have a Non-Qualified Contract, these Annuity Payments will receive the benefit of the exclusion ratio, which causes a portion of each Annuity Payment to
                    be non-taxable as described in section 11, Taxes &#8211; Taxation of Annuity Contracts. </td>
                </tr>

            </table>
          </div>
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">9.<font style="text-transform:uppercase;">&#160;&#160;Income
              Benefit</font></div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Removing the Income Benefit</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can remove the Income Benefit by completing the appropriate
            form. We remove this benefit from your Contract on the Index Anniversary (or on the next Business Day if the Index Anniversary is not a Business Day) that occurs immediately after we receive your request in Good Order at our Service Center, and
            the rider termination date is that Index Anniversary.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Your request is in Good Order if we receive this form no earlier
            than 30 calendar days before an Index Anniversary, but no later than five Business Days before the Index Anniversary. If we receive your request outside this time period, we ask you to resubmit it for the next Index Anniversary. On the rider
            termination date we deduct the final rider charge for the Income Benefit.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Requesting Income Payments</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You request Income Payments by completing a payment election
            form. We must receive your Income Payment election form in Good Order at our Service Center no later than five Business Days before the Income Benefit Date. At least one Eligible Person must remain in the Contract and be alive on the Income
            Benefit Date in order for Income Payments to begin. Joint payments are only available if there are two Eligible Persons on the Income Benefit Date. If you have Contract Value in any of the Index Options with the Index Precision Strategy, Index
            Guard Strategy, or Index Performance Strategy, you must transfer this Contract Value to the Index Options with the Index Protection Strategy with DPSC or Index</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;63&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_51"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">Protection Strategy with Cap when you request Income Payments. In addition, if you
            have Contract Value in a 3-year or&#160;6-year Term Index Option and the Income Benefit Date is not a Term End Date, we will execute a Performance Lock for that Index Option if it is not locked and then immediately calculate and begin your Income
            Payments.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We will send you a notice letter at least 30 days before:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z0be997303607402fbe61274b2ee6eb59">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">the
                    Index Anniversary that Income Payments can begin once the Eligible Person(s) reaches age 50, </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">the
                    last Index Anniversary that joint Income Payments will be available because the older Eligible Person is reaching age 100 if there are two Eligible Persons, and </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">the last Index Anniversary that Income Payments will be available because the younger Eligible Person is reaching age 100. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="zd7e33dc1e16941038c3c989ed852514e">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; <font style="font-weight:bold;">If
                      Income Payments do not begin by the Index Anniversary upon which the younger Eligible Person reaches age 100, the Income Benefit ends.</font> </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194; <font style="font-weight:bold;">If the Income Benefit ends before Income Payments begin, you will have paid for the benefit without receiving any of its advantages.</font> </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Calculating Your Income Payments</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The annual maximum Income Payment is the amount you are entitled
            to receive each Income Benefit Year. On the Income Benefit Date, if you select the Level Income payout option and all Covered Persons are age 80 or younger (and were age 75 or younger on the Issue Date) your initial annual maximum Income
            Payment is the greater of the following:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zcf6da541788340b889c89f95ab779a2b">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                    Level Income Guarantee Payment Percentage based on the Covered Person&#8217;s current age (or the younger Covered Person&#8217;s current age for joint payments) multiplied by total Purchase Payments adjusted for withdrawals. Withdrawals reduce
                    total Purchase Payments by the percentage of Contract Value withdrawn, determined at the end of each Business Day. <font style="font-style:italic;font-weight:bold;">Withdrawals include all withdrawals (even Penalty-Free Withdrawals)
                      and any withdrawal charges, but not amounts we withdraw for other Contract fees and expenses.</font> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">The Lifetime Income Percentage for the payment type you select multiplied by the Contract Value determined at the end of the Business Day after we deduct the product fee, rider fee, and contract
                    maintenance charge and apply any Credits, but before we make any Income Payments or deduct Excess Withdrawals. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If the Covered Persons do not meet these age requirements (age 80
            or younger on the Income Benefit Date, and age 75 or younger on the Issue Date), or if you select the Increasing Income payout option, we instead calculate your initial annual maximum Income Payment as stated in the second bullet above (the
            Lifetime Income Percentage for the payment type you select multiplied by the Contract Value determined at the end of the Business Day after we deduct the product fee, rider fee, and contract maintenance charge and apply any Credits, but before
            we make any Income Payments or deduct Excess Withdrawals).</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z134edafb547049068ad67fa5a8e223af">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">If you have Contract Value in a 3-year or&#160;6-year Term Index Option and the Income Benefit Date is not a Term End Date, we will execute a Performance Lock for that
                    Index Option if it is not locked and then immediately calculate and begin your Income Payments. <font style="font-style:italic;">This means you may not receive the full benefit of the Buffer that you would have received if you had
                      waited until the Term End Date to begin Income Payments.</font> </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:181pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;64&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_52"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">Level Income Guarantee Payment Percentage Table</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:52.83%;" id="zf369f3b07e424d85aeb99c9893af8c9c">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:4pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:48.85%;">Covered Person&#8217;s age<br>
                    (or younger Covered Person&#8217;s age for joint payments)<br>
                    on the Income Benefit Date </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:51.15%;">Level Income Guarantee<br>
                    Payment Percentage </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">50 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">2.23% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">51 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">2.28% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">52 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">2.33% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">53 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">2.39% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">54 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">2.44% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">55 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">2.50% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">56 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">2.57% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">57 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">2.64% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">58 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">2.71% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">59 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">2.78% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">60 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">2.86% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">61 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">2.95% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">62 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">3.04% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">63 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">3.13% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">64 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">3.23% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">65 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">3.34% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">66 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">3.45% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">67 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">3.58% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">68 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">3.71% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">69 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">3.85% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">70 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">4.00% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">71 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">4.17% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">72 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">4.35% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">73 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">4.55% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">74 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">4.77% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">75 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">5.00% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">76 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">5.27% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">77 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">5.56% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">78 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">5.89% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">79 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">6.25% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:4pt;padding-left:4pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:48.85%;">80 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:6pt;padding-right:4pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">6.67% </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">On the Income Benefit Date, if your initial annual maximum Income
            Payment is less than $100, the Income Benefit ends and you will have paid for the benefit without receiving any of its advantages.<font style="font-weight:Normal;"> For example, assuming a 4% Lifetime Income Percentage and Contract Value less
              than $2,500, this would result in an initial annual maximum Income Payment of less than $100.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can receive Income Payments monthly, quarterly,
            semi-annually, or annually. If the scheduled payment date does not fall on a Business Day, we make the payment on the next Business Day.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can change your payment frequency once each Income Benefit
            Year while your Contract Value is positive. We must receive your request to change your Income Payment frequency in Good Order at our Service Center no later than five Business Days before the Income Benefit Anniversary. If the change is
            available, we implement it on the Income Benefit Anniversary and it remains in effect until the benefit ends or you request another change. We do not accept payment frequency changes that would cause us to make payments of $0.01 to $99.99.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The annual maximum Income Payment is the amount you are entitled
            to, but you can choose to take less. The annual actual Income Payment is the total amount you choose to receive each year. Each scheduled Income Payment you receive is equal to the annual actual Income Payment divided by the number of payments
            you chose to receive during the Income Benefit Year. Each scheduled Income Payment must either be zero, or $100 or more. For example, you cannot request a scheduled payment of $50.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Any part of your annual maximum payment that you do not withdraw
            in a given Income Benefit Year is not added to the annual maximum payment available next year. However, if your actual Income Payment is less than your annual maximum payment, you can withdraw the difference and we consider that withdrawal to
            be an additional actual Income Payment, and</div>
        </div>
        <div style="margin-top:5pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;65&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_53"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">not an Excess Withdrawal. For example, assume your annual maximum Income Payment
            is $2,000 and you take a scheduled Income Payment of $1,000. Within an Income Benefit Year, you can take an additional withdrawal of up to $1,000 and we consider that to be an additional scheduled Income Payment. If you withdraw $1,200, we
            consider the first $1,000 to be an additional scheduled Income Payment and the next $200 to be an Excess Withdrawal.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you would like to take less than the maximum available
            payment, you can change your payment amount once each Income Benefit Year while your Contract Value is positive. We must receive your request to change your Income Payment amount in Good Order at our Service Center no later than five Business
            Days before the Income Benefit Anniversary. If the change is available, we implement it on the Income Benefit Anniversary and it remains in effect until the Income Benefit ends or you request another change.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If on a Business Day that we are deducting an Income Payment your
            Contract Value is less than the payment amount, we will add the difference between these amounts to your Contract Value and then deduct the Income Payment which will reduce your Contract Value to zero. If your Contract Value reduces to zero
            during the Income Period for any reason other than an Excess Withdrawal or annuitization that does not convert your Income Payments to Annuity Payments, you will continue to receive your maximum available Income Payment at the previous selected
            payment frequency until the earlier of the death of the Owner or last surviving Covered Person. If you select Increasing Income you can continue to receive payment increases based on Index Option performance. However, if you select Level Income
            your Income Payments will no longer increase.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We deduct each Income Payment, Excess Withdrawal, and any
            additional payment resulting from a required minimum distribution, proportionately from the Index Options. You can continue to make transfers between the Index Options on Term End Dates while your benefit is in effect and the Contract Value is
            positive. If you select Increasing Income you can continue to change your Index Option allocations after the Contract Value reduces to zero as long as the Income Benefit is in effect.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z05281544b0694104a41754bb349a10ec">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; <font style="font-weight:bold;">For

                      Qualified Contracts:</font> If we calculate a required minimum distribution (RMD) based on this Contract, after making all Income Payments for the calendar year we determine whether this calendar year&#8217;s total RMD has been satisfied by
                    these payments and any Excess Withdrawals. If the RMD amount for this Contract has not been satisfied, we send you this remaining amount as one RMD payment by the end of the calendar year. We consider this payment to be a withdrawal,
                    but it is not an Excess Withdrawal and it is not subject to a withdrawal charge. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194; <font style="font-weight:bold;">For annuitization:</font> If on the Annuity Date you are receiving Income Payments and your Contract Value is positive, we will convert your Income Payments to Annuity Payments if you take Annuity Payments
                    under Annuity Option 1 or 3. If you select any other Annuity Option, we will not convert your Income Payments to Annuity Payments. <font style="font-weight:bold;">This means that if you annuitize your Contract you may receive less as
                      Annuity Payments than you would have received as Income Payments.</font> For more information, see section 8, The Annuity Phase &#8211; When Annuity Payments Begin. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Lifetime Income Percentage Calculation Example</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Assume you are the sole Owner, you are not married, and your
            initial Purchase Payment is $20,000. You only select 1-year Term Index Options. You are not married so you are also the only Eligible Person. The Income Payment waiting period is one Index Year. On the Index Effective Date you are age 54, your
            Income Percentage Increase is 0.25%, and your initial Lifetime Income Percentages are equal to the Income Percentages for single payments, which are 4.20% for Level Income, and 3.20% for Increasing Income.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">On the first Index Anniversary we apply your first Income
            Percentage Increase. Your new Lifetime Income Percentages for single payments are 4.45% (4.20% + 0.25%) for Level Income and 3.45% (3.20% + 0.25%) for Increasing Income.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Assume you make an additional Purchase Payment of $2,000 in the
            fourth Index Year. On the fourth Index Anniversary:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z1185f9afed234b41b06208a40b96ea10">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">you are
                    age 58 and the Income Percentages are 4.60% for Level Income, and 3.60% for Increasing Income, </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">the
                    Variable Account Value for the additional Purchase Payment is now $2,002.50, and </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">the Contract Value after application of the additional Purchase Payment, Credits and <font style="font-weight:bold;text-decoration:underline;">after</font> deducting all Contract fees and expenses is
                    $25,000. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">We calculate your new Lifetime Income Percentages for single
            payments on the fourth Index Anniversary as follows.</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z829cb4953bd44393ab0d05c5e36640d5">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Lifetime
                    Income Percentages for the initial Purchase Payment are now 5.20% (4.20% + (0.25% x 4)) for Level Income and 4.20% (3.20% + (0.25% x 4)) for Increasing Income. </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;66&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_54"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" id="zaf7bb1305f014d2ab7301c913a204ba2">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Lifetime
                    Income Percentages for the additional Purchase Payment are 4.60% for Level Income and 3.60% for Increasing Income. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">The Variable Account Value&#8217;s percentage of total Contract Value is 8.01% ($2,002.50 &#247; $25,000), which means the initial Purchase Payment is 91.99% of total Contract Value (100% - 8.01%). </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The final Lifetime Income Percentages on the fourth Index
            Anniversary are then:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-left:2.83%;margin-top:3pt;width:97.17%;" id="z7990ebfa2f7f45fe900acf2f551c39c4">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.92%;">&#8211;&#8194; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.08%;">for
                    Level Income: (5.20% x 91.99%) + (4.60% x 8.01%) = 4.78% + 0.37% = 5.15% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.92%;">&#8211;&#8194; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.08%;">for Increasing Income: (4.20% x 91.99%) + (3.60% x 8.01%) = 3.86% + 0.29% = 4.15% </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you begin Income Payments on the fourth Index Anniversary we
            calculate the annual maximum Income Payment as follows.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.58%;" id="z708514eb3e594c22a1fece5436f81651">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt; padding-right:6pt;padding-top:3pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:49.38%;">If you select Level Income, you receive the greater of&#8230;. </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt;padding-right:6pt;padding-top:3pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:50.62%;">If you select Increasing Income, you receive&#8230; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:13pt; padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:49.38%;">&#8226;&#8194;Level Income Guarantee Payment Percentage multiplied by total Purchase Payments adjusted for
                    withdrawals, or: (2.71% x $22,000) = $596.20<br>
                    &#8226;&#8194;Lifetime Income Percentage multiplied by the Contract Value, or: (5.15% x $25,000) = <font style="font-weight:bold;">$1,287.50</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:13pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:50.62%;">&#8226;&#8194;Lifetime Income Percentage multiplied by the Contract Value, or: (4.15% x $25,000) = <font style="font-weight:bold;">$1,037.50</font> </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">We apply the Level Income Guarantee Payment Percentage in this
            calculation because you were 75 or younger when you purchased the Contract and are age 80 or younger on the Income Benefit Date. On the Income Benefit Date your Level Income Guarantee Payment Percentage based on your current age of 58 is 2.71%,
            and your total Purchase Payments adjusted for withdrawals is $22,000 (your $20,000 initial payment plus the $2,000 we received in the fourth Index Year). The annual maximum Income Payment calculation and Level Income Guarantee Payment
            Percentage are discussed in &#8220;Calculating Your Income Payments&#8221; next in this section.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you had not made the additional Purchase Payment your Lifetime
            Income Percentages would have been higher (5.20% compared to 5.15% for Level Income, and 4.20% compared to 4.15% for Increasing Income), but the available annual maximum Income Payment would be lower because the Contract Value would not include
            the increase from the additional Purchase Payment. If you had not made the additional Purchase in the fourth Index Year your Contract Value would have been $22,997.50 ($25,000 - $2,002.50) and we calculate your annual maximum Income Payment as
            follows.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.58%;" id="z6c617dbc8097453a8a85bd492bdd6b25">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt; padding-right:6pt;padding-top:3pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:49.38%;">If you select Level Income, you receive the greater of&#8230;. </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt;padding-right:6pt;padding-top:3pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:50.62%;">If you select Increasing Income, you receive&#8230; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:13pt; padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:49.38%;">&#8226;&#8194;Level Income Guarantee Payment Percentage multiplied by total Purchase Payments adjusted for
                    withdrawals, or: (2.71% x $20,000) = $542.00<br>
                    &#8226;&#8194;Lifetime Income Percentage multiplied by the Contract Value, or: (5.20% x $22,997.50) = <font style="font-weight:bold;">$1,195.87</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:13pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:50.62%;">&#8226;&#8194;Lifetime Income Percentage multiplied by the Contract Value, or: (4.20% x $22,997.50) = <font style="font-weight:bold;">$965.90</font> </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">Example of when the Level Income Guarantee Payment Percentage may
            increase the initial Income Payment</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Assume you are the sole Owner, you are not married, and your
            initial Purchase Payment is $100,000. You are age 65 on the Index Effective Date and your initial Income Percentage under Level Income is 5.70% with a 0.40% Income Percentage Increase. You take no withdrawals before requesting Income Payments.
            You begin Income Payments on the fifth Index Anniversary and select the Level Income payout option. On the Income Benefit Date you are age 70, your Lifetime Income Percentage is 7.70% and your Level Income Guarantee Payment Percentage is 4.00%.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.58%;" id="zc2958da2080544298adeb4dcc63c2d94">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt; padding-right:6pt;padding-top:3pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:49.38%;">When it <font style="text-decoration:underline;">increases</font> the initial Income Payment </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt;padding-right:6pt;padding-top:3pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:50.62%;">When it does <font style="text-decoration:underline;">not</font> increase the initial Income Payment </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:13pt; padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:49.38%;">&#8226;&#8194;Assume your Contract Value decreases to $50,000 due to negative performance. You would
                    receive the greater of:<br>
                    &#8211;&#8194;Level Income Guarantee Payment Percentage multiplied by total Purchase Payments adjusted for withdrawals, or: (4.00% x $100,000) = <font style="font-weight:bold;">$4,000.00<br>
                    </font>&#8211;&#8194;Lifetime Income Percentage multiplied by the Contract Value, or: (7.70% x $50,000) = $3,850 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:13pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:50.62%;">&#8226;&#8194;Assume your Contract Value decreases to $70,000 due to negative performance. You would receive the greater of:<br>
                    &#8211;&#8194;Level Income Guarantee Payment Percentage multiplied by total Purchase Payments adjusted for withdrawals, or: (4.00% x $100,000) = $4,000.00<br>
                    &#8211;&#8194;Lifetime Income Percentage multiplied by the Contract Value, or: (7.70% x $70,000) = <font style="font-weight:bold;">$5,390</font> </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Please note that these examples may differ from your actual results
            due to rounding.</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;67&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_55"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Excess Withdrawals</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Excess Withdrawals include any applicable withdrawal charge, but
            do not include amounts we withdraw for other Contract fees and expenses. Any partial Excess Withdrawal must comply with the restrictions in section 7, Access to Your Money and the following provisions. If your Contract Value is less than
            $2,000, you can only withdraw the total remaining Contract Value (less any final product fee, rider fee or contract maintenance charge), <font style="font-style:italic;font-weight:bold;">which will cause Income Payments to stop and the
              Contract to end</font>. Also, if at the end of the Business Day that we process your Excess Withdrawal your Contract Value is less than $2,000, you must withdraw the total remaining Contract Value (less any final product fee, rider fee or
            contract maintenance charge), <font style="font-style:italic;font-weight:bold;">which will cause Income Payments to stop and the Contract to end</font>.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Excess Withdrawals reduce your annual maximum Income Payment on
            the next Income Benefit Anniversary after the withdrawal. For each Excess Withdrawal, we reduce your annual maximum payment by the same percentage that we reduced the Contract Value. <font style="font-weight:bold;">If partial Excess
              Withdrawals reduce your annual maximum Income Payment to less than $100, we send you the total remaining Contract Value (less any final product fee, rider fee or contract maintenance charge), </font><font style="font-style:italic;font-weight:bold;">which will cause Income Payments to stop and the Contract to end</font><font style="font-weight:bold;">.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Excess Withdrawal Example</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">These calculations show the effects of an Excess Withdrawal on
            the Contract Value, available Guaranteed Death Benefit Value and Income Payments. Partial Excess Withdrawals (including any withdrawal charges, but not amounts we withdraw for other Contract fees and expenses) immediately reduce the Contract
            Value on a dollar for dollar basis, and reduce the Guaranteed Death Benefit Value by the percentage of Contract Value withdrawn. Partial Excess Withdrawals also reduce the annual maximum Income Payment on the next Income Benefit Anniversary.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The example assumes an Excess Withdrawal of $5,000 to pay
            financial adviser fees&#160; when the Contract Value is $100,000, and the Guaranteed Death Benefit Value under the Traditional Death Benefit is $90,000, or $105,000 under the Maximum Anniversary Value Death Benefit. All fractional numbers in these
            examples have been rounded up to the next whole number.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.99%;" id="z6d78b75576d146b0b222ddb2d0681b88">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:22.53%;">Excess<br>
                    Withdrawal </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:6.69%;">Contract<br>
                    Value </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:21.93%;">Guaranteed Death Benefit<br>
                    Value for a Contract with the<br>
                    Traditional Death Benefit </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:24.73%;">Guaranteed Death Benefit Value<br>
                    for a Contract with the<br>
                    Maximum Anniversary Value<br>
                    Death Benefit </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:16.13%;">Next anniversary&#8217;s<br>
                    annual maximum<br>
                    Income Payment </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.53%;">Prior to withdrawal </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:3pt;padding-right:3pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:6.69%;">$ 100,000 </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:3pt;padding-right:3pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:21.93%;">$ 90,000 </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:3pt;padding-right:3pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:24.73%;">$ 105,000 </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:3pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:16.13%;">$ 4,800 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.53%;">$5,000 withdrawal </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:6.69%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:3pt;padding-right:3pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:21.93%;">&#8211; ($5,000/ 100,000) </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:3pt;padding-right:3pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:24.73%;">&#8211; ($5,000/ 100,000) </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:3pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:16.13%;">&#8211; ($5,000/ 100,000) </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:22.53%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:6.69%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:3pt;padding-right:3pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:21.93%;">x 90,000)] </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:3pt;padding-right:3pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:24.73%;">x 105,000)] </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:3pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:16.13%;">x 4,800)] </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:22.53%;">&#160; </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt; padding-top:1.25pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:6.69%;">&#8211; $5,000 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt; padding-top:1.25pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:21.93%;">= &#8211; $4,500 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt; padding-top:1.25pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:24.73%;">= &#8211; $5,250 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt; padding-top:1.25pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:16.13%;">= &#8211; $240 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="padding-right:3pt;padding-top:2pt;text-align:left;vertical-align:top;width:22.53%;">&#160; </td>
                  <td style="padding-right:3pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="padding-right:3pt;padding-top:2pt;text-align:center;vertical-align:top;width:6.69%;">&#160; </td>
                  <td style="padding-right:3pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="padding-right:3pt;padding-top:2pt;text-align:center;vertical-align:top;width:21.93%;">&#160; </td>
                  <td style="padding-right:3pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="padding-right:3pt;padding-top:2pt;text-align:center;vertical-align:top;width:24.73%;">&#160; </td>
                  <td style="padding-right:3pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="padding-right:4pt;padding-top:2pt;text-align:center;vertical-align:top;width:16.13%;">&#160; </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:22.53%;">After withdrawal </td>
                  <td style="line-height:0pt;padding-bottom:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:3pt;padding-right:3pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:6.69%;">$ 95,000 </td>
                  <td style="line-height:0pt;padding-bottom:4pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:3pt;padding-right:3pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:21.93%;">$ 85,500 </td>
                  <td style="line-height:0pt;padding-bottom:4pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:3pt;padding-right:3pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:24.73%;">$ 99,750 </td>
                  <td style="line-height:0pt;padding-bottom:4pt;padding-right:3pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:3pt;padding-right:4pt;padding-top:1.25pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:16.13%;">$ 4,560 </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Automatic Annual Income Payment Increases</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you select Level Income, the available annual maximum Income
            Payment will increase only if your Contract Value increases from one Income Benefit Anniversary (or the Income Benefit Date if this is the first Income Benefit Anniversary) to the next and you took the maximum permitted payment during the prior
            Income Benefit Year. This increase is equal to the percentage of growth between these two Contract Values. For example, if the Contract Value increased by 1.5%, we also increase your annual maximum Income Payment by 1.5%. When calculating this
            payment increase we use the Contract Value determined at the end of the Business Day after we deduct the product fee, rider fee, and contract maintenance charge and apply any Credits, but before we make any Income Payments or deduct Excess
            Withdrawals. If the Income Benefit Date or an Income Benefit Anniversary does not occur on a Business Day, we use Contract Values from the next Business Day. Payment increases are not likely under this payment option, especially in later Income
            Benefit Years, because only the Index Protection Strategy with DPSC and Index Protection Strategy with Cap are available (which have the lowest return potential) and your performance has to be greater than the Income Payments, any Excess
            Withdrawals, and Contract fees and expenses. However, Lifetime Income Percentages on the Income Benefit Date are generally higher under Level Income compared to Increasing Income.</div>
        </div>
        <div style="margin-top:36pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;68&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_56"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="zbdbcb0c6be244ec7bfcd59c2980ac57a">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">If we increase the Contract Value to equal the death benefit due to a spousal continuation of the Contract during the last Income Benefit Year, we also subtract
                    the amount of this increase from the Contract Value on the next Income Benefit Anniversary when determining annual payment increases under the Level Income option. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If you select Increasing Income, the available annual maximum
            Income Payments will increase on each Income Benefit Anniversary if your selected Index Option(s) receives a DPSC or Protection Credit. If you select multiple Index Options, we take the weighted average of all DPSCs and Protection Credits based
            on the percentage of Contract Value in each of your selected Index Options to determine your payment increase as indicated in the example below. When calculating this payment increase we use the Contract Value determined at the end of the
            Business Day before we deduct any Contract fees or expenses, apply any Credits, make any Income Payments, or deduct Excess Withdrawals. If the Income Benefit Date or an Income Benefit Anniversary does not occur on a Business Day, we use
            Contract Values from the next Business Day. Payment increases can continue even if your Contract Value reduces to zero or if your Income Payments are converted to Annuity Payments as described in section 8, The Annuity Phase &#8211; When Annuity
            Payments Begin.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Example</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Assume you allocate 20% to the Index Protection Strategy with the
            DPSC using the S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index and 80% to the Index Protection Strategy with the Cap using the EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> on the Income Benefit Date.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">On the second Income Benefit Anniversary, the Index Protection
            Strategy with the DPSC Index Option receives a 3.5% DPSC and the Index Protection Strategy with the Cap Index Option receives a 4.2% Protection Credit. On this anniversary, before we deduct Contract fees and expenses, apply Credits or make
            Income Payments, 21.5% of your total Contract Value is in Index Protection Strategy with the DPSC Index Option, and 78.5% of your Contract Value is in Index Protection Strategy with the Cap Index Option.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Your annual maximum Income Payment on the second Income Benefit
            Anniversary will increase by 4.05% ((3.5% x 21.5%) + (4.2% x 78.5%)).</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Taxation of Income Payments</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We treat Income Payments as withdrawals for tax purposes while
            your Contract Value is positive, and once your Contract Value is reduced to zero we intend to treat Income Payments as Annuity Payments for tax purposes. For more information, see section 11, Taxes &#8211; Taxation of Income Payments.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">When the Income Period Ends</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Income Period ends when we make the last Income Payment.
            Income Payments can continue for the life of the Covered Person(s) if you do not take more than your allowed annual maximum payment.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">When the Income Benefit Ends</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Income Benefit ends on the earliest of the following.</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zbf77641ad8454edf9b8147bf169a5ba1">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">During
                    the Accumulation Phase and before the Income Period, the Business Day we process your request to remove this benefit from your Contract (the rider termination date). </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                    Business Day all Eligible Persons or Covered Persons are removed from the Contract because they no longer meet the requirements (Owner, Annuitant or sole Beneficiary) stated in section 3. If this occurs after the Income Benefit Date,
                    Income Payments stop when the last Covered Person is removed from the Contract. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                    Index Anniversary upon which the younger Eligible Person reaches age 100 if it occurs before the Income Benefit Date. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                    Business Day we process your request for a full withdrawal, other than a full withdrawal caused by an Income Payment. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                    Income Benefit Date or an Income Benefit Anniversary if the annual maximum Income Payment is less than $100. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Upon
                    the death of an Owner (or Annuitant if the Owner is a non-individual), the end of the Business Day we first receive a Valid Claim from any one Beneficiary. However, if a federally recognized spouse is an Eligible Person or Covered
                    Person and continues this Contract, the Income Benefit also continues. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">During
                    the Accumulation Phase and before the Income Benefit Date, the Income Benefit ends on the date of death of the last surviving Eligible Person. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">During
                    the Income Period, the Income Benefit ends on the date of death of the last surviving Covered Person. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">The Business Day the Contract ends. </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;69&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_57"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">10.<font style="text-transform:uppercase;">&#160;&#160;Death
              Benefit</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">&#8220;You&#8221; in this section refers to the Owner, or the Annuitant if
            the Contract is owned by a non-individual.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Contract provides the Traditional Death Benefit. If
            available, you can instead select the Maximum Anniversary Value Death Benefit at Contract issue for an additional rider fee if all Owners and the Annuitant are age 75 or younger. The Maximum Anniversary Value Death Benefit can only be added to
            a Contract at issue. <font style="font-weight:bold;">The Maximum Anniversary Value Death Benefit cannot be less than the Traditional Death Benefit, but they may be equal. Please discuss this benefit&#8217;s appropriateness with your Financial
              Professional.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The death benefit is only available during the Accumulation
            Phase&#160;(and Income Period, if applicable).<font style="font-weight:Normal;"> If you or the Determining Life (Lives) die during the Accumulation Phase, we process the death benefit using prices determined after we receive the required
              information, which is either a Valid Claim or due proof of death as stated here. (For information on due proof of death see the Glossary &#8211; Valid Claim). If we receive this information at or after the end of the current Business Day, we use
              the next Business Day&#8217;s prices.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If there are multiple Beneficiaries, each Beneficiary receives
            the portion of the death benefit he or she is entitled to when we receive his or her Valid Claim. If a Beneficiary dies before you or the Designated Life, that Beneficiary&#8217;s interest in this Contract ends unless your Beneficiary designation
            specifies otherwise. If there are no remaining Beneficiaries, or no named Beneficiaries, we pay the death benefit to your estate, or if the Owner is a non-individual, to the Owner. Unless you instruct us to pay Beneficiaries a specific
            percentage of the death benefit, each Beneficiary receives an equal share.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Each Beneficiary&#8217;s portion of the death benefit remains in the
            Index Options based on the allocation instructions that were in effect on the date of death until we receive his or her Valid Claim and we either pay the claim or the Beneficiary provides alternate allocation instructions. If there is Variable
            Account Value in the AZL Government Money Market Fund on the date of death, it remains there until the earlier of the next Index Anniversary, or the date we receive a Valid Claim. If an Index Anniversary occurs before we receive a Valid Claim,
            we will transfer that Beneficiary&#8217;s portion of the Variable Account Value to the Index Options based on the allocation instructions that were in effect on the date of death.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">From the time we determine the death benefit until we make a
            complete distribution, any amount in the Index Options and the AZL Government Money Market Fund continues to be subject to investment risk that is borne by the recipient(s). Once we receive notification of death, we may no longer accept or
            process transfer requests. After we receive the first Valid Claim from any Beneficiary we also will not accept additional Purchase Payments or allow any partial or full withdrawals unless the withdrawal is required to comply with federal tax
            law.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">On the first death of a Determining Life during the Accumulation
            Phase, if your selected death benefit is in effect your Beneficiary(s) will receive the greater of the Contract Value&#160;or Guaranteed Death Benefit Value. The Guaranteed Death Benefit Value is either:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z325058594d6c42029bb2d6392944a575">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">total
                    Purchase Payments adjusted for withdrawals if you select the Traditional Death Benefit, or </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">the Maximum Anniversary Value if you select the Maximum Anniversary Value Death Benefit. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If the date we are determining the death benefit is not the Term
            End Date&#160;and you selected the Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy, the Contract Value reflects the Daily Adjustment. Withdrawals reduce your Guaranteed Death Benefit Value by the percentage of Contract
            Value withdrawn, determined at the end of each Business Day. <font style="font-style:italic;font-weight:bold;">Withdrawals include all withdrawals (even Penalty-Free Withdrawals) and any withdrawal charges, but not amounts we withdraw for
              other Contract fees and expenses.</font></div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Maximum Anniversary Value</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Maximum Anniversary Value is initially equal to the Purchase
            Payment received on the Issue Date. At the end of each Business Day, we adjust the Maximum Anniversary Value as follows.</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z650a02726567439cb849c166818d388b">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">We
                    increase it by the amount of any additional Purchase Payments. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">We reduce it by the percentage of any Contract Value withdrawn. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If the Index Effective Date occurs after the Issue Date, the
            Maximum Anniversary Value on the Index Effective Date is calculated in the same way as on an Index Anniversary.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">On each Index Anniversary before the end date (or on the next
            Business Day if the Index Anniversary is not on a Business Day) the Maximum Anniversary Value is equal to the greater of:</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zbfcf13ade2354c1285e0aff4595d7d1a">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">its
                    current value after processing any additional Purchase Payments or withdrawals, or </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;70&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_58"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zfcd72b6d585b4715ab4547e468c172af">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">the
                    Contract Value determined at the end of the Business Day after we process all daily transactions including Credits, any additional Purchase Payments or withdrawals, and amounts we withdraw for Contract expenses. Contract Value reflects
                    the Daily Adjustment if you select a 3-year or&#160;6-year Term Index Option and this anniversary is not a Term End Date. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">On and after the end date, we no longer make this comparison and
            we no longer capture any annual investment gains in the Maximum Anniversary Value.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The end date occurs on the earliest of:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="zf579d13132f04999a647e58b4872b5be">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">the
                    older Determining Life&#8217;s 91st birthday, or </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">the end of the Business Day we receive the first Valid Claim from any one Beneficiary. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z7aedcec3852244acab002c6a8030871c">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;">During the Income Period: </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; You cannot make additional
                    Purchase Payments. If your Contract includes the Traditional Death Benefit this means the Guaranteed Death Benefit Value no longer increases. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; Index Precision Strategy, Index
                    Performance Strategy, and Index Guard Strategy are no longer available. This may limit your Contract&#8217;s performance potential and the Guaranteed Death Benefit Value if your Contract includes the Maximum Anniversary Value Death Benefit.
                    Income Payments and Excess Withdrawals also decrease your Contract Value, which also reduces the likelihood of locking in investment gains to the Guaranteed Death Benefit Value if your Contract includes the Maximum Anniversary Value
                    Death Benefit. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194; Each Income
                    Payment and any Excess Withdrawal reduces the Guaranteed Death Benefit Value by the percentage of Contract Value withdrawn (including any withdrawal charge)<font style="font-style:italic;font-weight:bold;">, which means this value may
                      be reduced by more than the amount withdrawn</font>. <font style="font-style:italic;font-weight:bold;">Taking Income Payments and Excess Withdrawals may also cause your selected death benefit to end prematurely.</font> </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">What Happens Upon Death?</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you are the Determining Life, or if you and the Determining
            Life (Lives) are different individuals and die simultaneously as defined by applicable state law or regulation, we determine the Guaranteed Death Benefit Value at the end of the Business Day we receive a Valid Claim. For multiple Beneficiaries,
            each surviving Beneficiary receives the greater of their portion of the:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zbd936fe6395c45ebb4d81c53964c9af9">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If you and the Determining Life (Lives) are different individuals
            and do not die simultaneously as defined by applicable state law or regulation, the death benefit is as follows. <font style="font-style:italic;font-weight:bold;">This can only occur if you change the Owner after the Issue Date.</font></div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z9657ca0ec44046b0839c9f9eb42eef6c">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If a
                    Determining Life dies before you, we do not pay a death benefit to the Beneficiary(s) but we may increase the Contract Value if the Traditional Death Benefit or Maximum Anniversary Value Death Benefit are still in effect<font style="font-weight:Normal;">. At the end of the Business Day we receive due proof of a Determining Life&#8217;s death we increase the Contract Value to equal&#160;the Guaranteed Death Benefit Value if greater, </font><font style="font-style:italic;">and your selected death benefit ends</font><font style="font-weight:Normal;">. We allocate any Contract Value increase to the AZL Government Money Market Fund. Then on the next Index Anniversary we transfer
                      the Variable Account Value to the Index Options according to your Purchase Payment default instructions.</font> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Upon your death your Beneficiary(s) receive the Contract Value determined at the end of the Business Day during which we receive each Beneficiary&#8217;s Valid Claim. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The Traditional Death Benefit and Maximum Anniversary Value Death
            Benefit end upon the earliest of the following.</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z2eb6348dccd9499da223d395657fb0b4">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                    Business Day before the Annuity Date. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                    Business Day that the Guaranteed Death Benefit Value and Contract Value are both zero. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Upon
                    the death of a Determining Life, the end of the Business Day we receive a Valid Claim from all Beneficiaries if you and the Determining Life are the same individuals, or if you and the Determining Life (Lives) are different individuals
                    and die simultaneously as defined by applicable state law or regulation. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Upon the death of a Determining Life, the end of the Business Day we receive due proof of the Determining Life&#8217;s death if you and the Determining Life (Lives) are different individuals and do not die
                    simultaneously as defined by applicable state law or regulation. </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;71&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_59"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" id="zbe46b15cadc3472eb0fd963884b016d2">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Upon
                    the death of an Owner (or Annuitant if the Owner is a non-individual), the end of the Business Day we receive the first Valid Claim from any one Beneficiary, if the Owner (or Annuitant) is no longer a Determining Life. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">The Business Day the Contract ends. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z3b99bcdd271d46d4b476e56d2bf911a0">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;">We base the Guaranteed Death Benefit Value on the first death of a Determining Life (or Lives). This means that upon the death of an Owner (or Annuitant if the Owner is a
                    non-individual), <font style="font-style:italic;font-weight:bold;">if a surviving spouse continues the Contract:</font> </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; the Guaranteed Death Benefit
                    Value is no longer available, and </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; if you selected the Maximum
                    Anniversary Value Death Benefit, we no longer assess its 0.20% rider fee. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">Also, if you and the Determining Life (Lives) are different individuals and you die first, the Guaranteed Death Benefit Value is not available to your
                    Beneficiary(s). </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Death of the Owner and/or Annuitant</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Appendix A to the Form N-4 SAI includes tables that are
            intended to help you better understand what happens upon the death of any Owner and/or Annuitant under the different portions of the Contract.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Death Benefit Payment Options During the Accumulation Phase</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Each Beneficiary must select one of the death benefit payment
            options listed below.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If a Beneficiary requests a lump sum payment under Option A, we
            pay that Beneficiary within seven days of receipt of his or her Valid Claim, unless the suspension of payments or transfers provision is in effect. Payment of the death benefit may be delayed, pending receipt of any state forms.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Spousal Continuation:<font style="font-weight:Normal;"> If the
              Beneficiary is the deceased Owner&#8217;s spouse, he or she can choose to continue the Contract with the portion of the death benefit the spouse is entitled to in his or her own name. For an IRA, Roth IRA, or SEP IRA Contract, spousal continuation
              can only occur if the surviving spouse is the Contract&#8217;s sole primary Beneficiary. For non-individually owned Contracts, spousal continuation is only available to Qualified Contracts through a direct rollover to an IRA. </font>Spouses must
            qualify as such under federal law to continue the Contract.<font style="font-weight:Normal;"> Individuals who have entered into a registered domestic partnership, civil union, or other similar relationship that is not considered to be a
              marriage under state law are also not considered to be married under federal law. An election by the spouse to continue the Contract must be made on the death claim form before we pay the death benefit. If the deceased Owner was a Determining
              Life and the surviving spouse Beneficiary continues the Contract, at the end of the Business Day we receive his or her Valid Claim we increase the Contract Value to equal&#160;the Guaranteed Death Benefit Value if greater and available, and your
              selected death benefit ends. We allocate any Contract Value increase to the AZL Government Money Market Fund. Then on the next Index Anniversary we transfer it to the Index Options according to Purchase Payment default instructions. If the
              surviving spouse continues the Contract:</font></div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z83efc204d6494291b3ec841d75873f51">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Death Benefit Payment Options</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Option A:<font style="font-weight:Normal;"> Lump sum payment of the
              death benefit.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Option B:<font style="font-weight:Normal;"> Payment of the entire
              death benefit within five years of the date of any Owner&#8217;s death. The Beneficiary can continue to make transfers between Index Options and is subject to the product fee.</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Option C:<font style="font-weight:Normal;"> If the Beneficiary is
              an individual, payment of the death benefit as Annuity Payments under Annuity Options 1, 2, or 5.&#160;If you take the death benefit as Annuity Payments we do not require that the Annuity Date occur on an Index Anniversary. In addition, if the
              Annuity Date is not a Term End Date, we will execute a Performance Lock before before we make Annuity Payments. With our written consent other options may be available for payment over a period not extending beyond the Beneficiary&#8217;s life
              expectancy under which the Beneficiary can continue to make transfers between Index Options and is subject to the product fee. </font><font style="font-style:italic;">Option C may not be available on a Qualified Contract.</font></div>
        </div>
        <div style="margin-top:23pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;72&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_60"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Distribution from Non-Qualified Contracts must begin within one
            year of the date of the Owner&#8217;s death. Any portion of the death benefit from Non-Qualified Contracts not applied to Annuity Payments within one year of the date of the Owner&#8217;s death must be distributed within five years of the date of death.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If a Non-Qualified Contract is owned by a non-individual, then we
            treat the death of an Annuitant as the death of an Owner for purposes of the Code&#8217;s distribution at death rules, which are set forth in Section 72(s) of the Code.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">In all events, notwithstanding any provision to the contrary in
            the Contract or this prospectus, a Non-Qualified Contract is interpreted and administered in accordance with Section 72(s) of the Code.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Other rules may apply to Qualified Contracts, such as all
            distributions must be made to Beneficiaries by the end of the tenth year after the Owner's death, except for distributions made to certain eligible designated Beneficiaries.</div>
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">11.<font style="text-transform:uppercase;">&#160;&#160;Taxes</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">This section provides a summary explanation of the tax
            ramifications of purchasing a Contract. More detailed information about product taxation is contained in the Statement of Additional Information, which is available by calling the toll-free telephone number at the back of this prospectus. <font style="font-weight:bold;">We do not provide individual tax advice. You should contact your tax adviser to discuss this Contract&#8217;s effects on your personal tax situation.</font></div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Qualified and Non-Qualified Contracts</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can purchase either a Qualified Contract or a Non-Qualified
            Contract. A Qualified Contract is purchased pursuant to a specialized provision of the Code. For example, a Contract may be purchased pursuant to Section 408 of the Code as an IRA.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Qualified Contracts are subject to certain restrictions,
            including restrictions on the amount of annual contributions, restrictions on how much you can earn and still be able to contribute to a Qualified Contract, and specialized restrictions on withdrawals. Qualified Contracts must be purchased from
            earned income from the relevant year or years, or from a rollover or transfer from a qualified contract. An IRA to IRA indirect rollover can occur only once in any twelve-month period from all of the IRAs you currently own.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Currently, we offer the following types of Qualified Contracts.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:100%;" id="za7aa32c47ea84ab3a2e74395c835381f">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If you purchase a Qualified Contract, you already receive the
            benefit of tax deferral through the qualified plan, and so you should purchase this Contract for purposes other than tax deferral.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You can instead purchase a Non-Qualified Contract, which is not
            qualified pursuant to a specialized provision of the Code. There are no Code restrictions on annual contributions to a Non-Qualified Contract or how much you can earn and still contribute to a Contract.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Taxation of Annuity Contracts</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Contract has the following tax characteristics.</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z95105ec9feda48ba887de72115c13036">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Taxes
                    on earnings are deferred until you take money out. Non-Qualified Contracts owned by corporations or partnerships do not receive income tax deferral on earnings. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">When
                    you take money out of a Non-Qualified Contract, earnings are generally subject to federal income tax and applicable state income tax. All pre-tax money distributed from Qualified Contracts are subject to federal and state income tax,
                    but qualified distributions from Roth IRA Contracts are not subject to federal income tax. This prospectus does not address specific state tax laws. You should discuss state taxation with your tax adviser. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Taxable distributions are subject to an ordinary income tax rate, rather than a capital gains rate. </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;73&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_61"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" id="zf76ad50e80754a8aa40e3ab2f9443f7f">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Distributions
                    from Non-Qualified Contracts are considered investment income for purposes of the Medicare tax on investment income. Thus, in certain circumstances, a 3.8% tax may apply to some or all of the taxable portion of distributions (e.g.
                    earnings) to individuals whose income exceeds certain threshold amounts ($200,000 for filing single, $250,000 for married filing jointly and $125,000 for married filing separately.) Please consult a tax adviser for more information. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If you
                    take partial withdrawals from your Non-Qualified Contract, the withdrawals are generally taxed as though you were paid taxable earnings first, and then as a non-taxable return of Purchase Payments. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If you
                    annuitize your Non-Qualified Contract and receive a stream of Annuity Payments, you receive the benefit of the exclusion ratio. The exclusion ratio is a calculation that causes a portion of each Annuity Payment to be non-taxable, based
                    upon the percentage of your Contract Value that is from Purchase Payments. Purchase Payments are treated as a non-taxable return of principal, whereas earnings are taxable. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If you
                    take partial withdrawals or annuitize a Qualified Contract, you will be responsible for determining what portion, if any, of the distribution consists of after-tax money. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Income
                    Payments are taxed as partial withdrawals. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If you
                    take out earnings before age 59<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8202;1</sup>&#8260;<font style="font-size:6pt;line-height:8pt;">2</font>, you may be subject to a 10% additional federal tax,
                    unless you take a lifetime annuitization of your Contract or you take money out in a stream of substantially equal payments over your expected life in accordance with the requirements of the Code. If the Contract is jointly owned, we
                    send one check payable to both Joint Owners and tax each Joint Owner individually. <font style="font-style:italic;font-weight:bold;">This can create a discrepancy in taxation if only one Joint Owner is under age 59<sup style="font-style: italic; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#8202;1</sup>&#8260;</font><font style="font-size:6pt;font-style:italic;font-weight:bold;line-height:8pt;">2</font><font style="font-style:italic;font-weight:bold;"> because that Joint Owner will be subject to the 10% additional federal tax.</font> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">A
                    pledge, assignment, or ownership change of a Contract may be treated as a taxable event. You should discuss any pledge, assignment, or ownership change of a Contract with your tax adviser. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">If you
                    purchase multiple non-qualified deferred annuity contracts from an affiliated group of companies in one calendar year, these contracts are treated as one contract for purposes of determining the tax consequences of any distribution. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Death
                    benefit proceeds from Non-Qualified Contracts are taxable to the beneficiary as ordinary income to the extent of any earnings. Death benefit proceeds must be paid out in accordance with the requirements of the Code. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Depending
                    upon the type of Qualified Contract you own, required minimum distributions (RMDs) must be satisfied when you reach a certain age. If you enroll in our minimum distribution program, we make RMD payments to you that are designed to meet
                    this Contract&#8217;s RMD requirements. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">When you take money out of a Contract, we may deduct premium tax that we pay on your Contract. This tax varies from 0% to 3.5%, depending on your state. Currently, we pay this tax and do not pass it on
                    to you. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Taxation of Income Payments</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We treat Income Payments as withdrawals for tax purposes while
            your Contract Value is positive. This means that, for Non-Qualified Contracts, <font style="font-weight:bold;">gains from the entire Contract are considered to be distributed first and are subject to ordinary income tax.</font> Purchase
            Payments are distributed after gains have been paid out and are generally considered to be a return of your investment and are not subject to income tax. While tax law is not entirely clear as to the proper tax treatment, once your Contract
            Value is reduced to zero we intend to treat Income Payments as Annuity Payments for tax purposes. For Qualified Contracts, the total Income Payment is most likely subject to ordinary income tax. If you are taking withdrawals from the Contract
            to satisfy the requirements for substantially equal periodic payments under Section 72(t) or 72(q) of the Code and you begin Income Payments before the required series of withdrawals is complete, you may incur additional penalties, including a
            10% additional federal tax. If you begin Income Payments before age 59<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#160;1</sup>&#8260;<font style="font-size:6pt;line-height:8pt;">2</font> the payments will
            generally be subject to a 10% additional federal tax. In addition, if the Contract is jointly owned, we send one check payable to both Joint Owners and tax each Joint Owner individually&#160;<font style="font-style:italic;font-weight:bold;">which
              can create a discrepancy in taxation if only one Joint Owner is under age 59<sup style="font-style: italic; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#160;1</sup>&#8260;</font><font style="font-size:6pt;font-style:italic;font-weight:bold;line-height:8pt;">2</font><font style="font-style:italic;font-weight:bold;"> because that Joint Owner will be subject to the 10% additional federal tax.</font></div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Tax-Free Section 1035 Exchanges</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Subject to certain restrictions, you can make a &#8220;tax-free&#8221;
            exchange under Section 1035 of the Code for all or a portion of one non-qualified annuity contract for another, or all of a life insurance policy for a non-qualified annuity contract. Before making an exchange, you should compare both contracts
            carefully. Remember that if you exchange a life insurance policy or annuity contract for the Contract described in this prospectus:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zbe32599f3f2f43c0bcc3daddcdc6a301">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">you
                    might have to pay a withdrawal charge on your previous contract, </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">there is a new withdrawal charge period for this Contract, </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;74&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_62"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" id="z22b564705b6a4e93a2e56cc711e06f5a">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 9pt; text-decoration: none; text-transform: none;">If the exchange does not qualify for Section 1035 treatment, you
            also may have to pay federal income tax, including a possible additional federal tax, on the exchange. You should not exchange an existing life insurance policy or another annuity contract for this Contract unless you determine the exchange is
            in your best interest and not just better for the person selling you the Contract&#160;who generally earns a commission on each sale. You should consult a tax adviser to discuss the potential tax effects before making a 1035 exchange.</div>
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">12.<font style="text-transform:uppercase;">&#160;&#160;Other
              Information</font></div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">The Registered Separate Account</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We established Allianz Life Variable Account B (the Separate
            Account) as a separate account under Minnesota insurance law on May 31, 1985. The Separate Account is registered with the SEC as a unit investment trust under the Investment Company Act of 1940. The SEC does not supervise our management of the
            Separate Account.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Separate Account holds the AZL Government Money Market Fund's
            shares that have been purchased with Contract assets. We keep the Separate Account assets separate from the assets of our general account and other separate accounts, including the non-unitized separate accounts we established in connection
            with the Index Options. The Separate Account is divided into subaccounts, each of which invests exclusively in a variable investment option. The only currently available variable investment option is the AZL Government Money Market Fund.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We own the assets of the Separate Account. We credit gains to or
            charge losses against the Separate Account, whether or not realized, without regard to the performance of other investment accounts. The Separate Account&#8217;s assets are insulated, so that the assets cannot be used to pay any of our liabilities,
            other than those arising from the investment of Contract assets in the AZL Government Money Market Fund.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If the Separate Account&#8217;s assets exceed the required reserves and
            other liabilities, we may transfer the excess to our general account, to the extent of seed money invested by us or earned fees and expenses. The obligations under the Contracts are obligations of Allianz Life.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Our General Account</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Our general account holds all our assets other than assets in our
            separate accounts. We own our general account assets, and, subject to applicable law, have sole investment discretion over them. The assets are subject to our general business operation liabilities and claims of our creditors and may lose
            value. We have not registered our general account as an investment company under the Investment Company Act of 1940.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Our general account assets fund guarantees provided in the
            Contracts, including obligations associated with Income Payments and the death benefit. Contract Value that you apply to Annuity Payments becomes part of our general account.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Our Unregistered Separate Account</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We hold the assets you allocate to the Index Options in Separate
            Account IANA, which we established under Minnesota Insurance Law for the purpose of supporting our obligations to pay Credits. We invest the assets in Separate Account IANA in hedging instruments, including derivative hedging instruments such
            as put and call options, as well as cash and fixed income securities. Like our general account, the assets in Separate Account IANA are subject to our general business operation liabilities and the claims of our creditors. An Owner who
            allocates Contract Value to an Index Option does not have any interest in or claim on the assets in Separate Account IANA. In addition, neither the Owner nor these Index Options participate in any way in the performance of assets held in
            Separate Account IANA.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Distribution</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life Financial Services, LLC (ALFS), a wholly owned
            subsidiary of Allianz Life Insurance Company of North America, serves as principal underwriter for the Contracts. ALFS is a limited liability company organized in Minnesota, and is located at 5701 Golden Hills Drive, Minneapolis, MN 55416. ALFS
            is registered as a broker-dealer with the SEC under the Securities Exchange Act of 1934, as well as with the securities commissions in the states in which it operates, and is a member of the Financial Industry Regulatory Authority (FINRA). ALFS
            is not a member of Securities Investors</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;75&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_63"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">Protection Corporation. More information about ALFS is available at www.finra.org
            or by calling 1-800-289-9999. You also can obtain an investor brochure from FINRA describing its Public Disclosure Program.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We have entered into a distribution agreement with ALFS for the
            distribution of the Contracts. ALFS also may perform various administrative services on our behalf.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We may fund ALFS operating and other expenses, including:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z963de3e96a0041c095a14e0db80a1667">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Financial Professionals and their managers may also be eligible
            for various benefits, such as production incentive bonuses, insurance benefits, and non-cash compensation items that we may provide jointly with ALFS. Non-cash items include conferences, seminars and trips (including travel, lodging and meals
            in connection therewith), entertainment, awards, merchandise and other similar items.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">ALFS does not itself sell the Contracts on a retail basis.
            Rather, ALFS enters into selling agreements with other broker-dealers registered under the 1934 Act (selling firms) for the sale of the Contracts. We pay sales commissions to the selling firms and their Financial Professionals. The maximum
            commission payable to the selling firms for Contract sales is expected to not exceed 7% of Purchase Payments. Sometimes, we enter into an agreement with a selling firm to pay commissions as a combination of a certain amount of the commission at
            the time of sale and a trail commission which, when totaled, could exceed 7% of Purchase Payments.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We and/or ALFS may make bonus payments to certain selling firms
            based on aggregate sales of our variable insurance contracts (including this Contract) or persistency standards, or as part of a special promotion. These additional payments are not offered to all selling firms, and the terms of any particular
            agreement governing the payments may vary among selling firms. In some instances, the amount paid may be significant.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">A portion of the payments made to selling firms may be passed on
            to their Financial Professionals. Financial Professionals may receive cash and non-cash compensation and other benefits. Ask your Financial Professional for further information about what they and their firm may receive in connection with your
            purchase of a Contract.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Commissions paid on the Contract, including other incentives or
            payments, are not charged directly to the Owners or the Separate Account. We intend to recover commissions and other expenses indirectly through fees and expenses imposed under the Contract.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Broker-dealers and their Financial Professionals and managers
            involved in sales of the Contracts may receive payments from us for administrative and other services that do not directly involve the sale of the Contracts, including payments made for recordkeeping, the recruitment and training of personnel,
            production of promotional literature and similar services. In addition, certain firms and their Financial Professionals may receive compensation for distribution and administrative services when acting in a wholesaling capacity and working with
            retail firms.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">In certain instances, we and/or ALFS may make payments to a
            broker-dealer for inclusion of this Contract in its list of products that it offers for sale.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We and/or ALFS may pay certain selling firms additional marketing
            support allowances for:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z95f7d783bb724b9a9857ea71f63fed8d">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">We retain substantial discretion in determining whether to grant
            a marketing support payment to a particular broker-dealer firm and the amount of any such payment.</div>
        </div>
        <div style="margin-top:10pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;76&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_64"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We may also make payments for marketing and wholesaling support
            to broker-dealer affiliates of variable investment options that are available through the variable annuities we offer.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Additional information regarding marketing support payments can
            be found in the Distributor section of the Statement of Additional Information.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The variable investment options in the variable annuity contracts
            we offer may assess a Rule 12b-1 fee. These fees are paid to ALFS as consideration for providing distribution and certain other services and incurring certain expenses permitted under the variable investment option&#8217;s plan. These fees typically
            equal 0.25% of a variable investment option&#8217;s average daily net assets.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">In certain instances, an investment adviser and/or subadviser
            (and/or their affiliates) of a variable investment option may make payments for administrative services to ALFS or its affiliates.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We offer the Contracts to the public on a continuous basis. We
            anticipate continuing to offer the Contracts but reserve the right to discontinue the offering.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Additional Credits for Certain Groups</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We may credit additional amounts to a Contract instead of
            modifying charges because of special circumstances that result in lower sales or administrative expenses or better than expected mortality or persistency experience.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Administration/Allianz Service Center</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Allianz Service Center performs certain administrative
            services regarding the Contracts and is located at 5701 Golden Hills Drive, Minneapolis, Minnesota. The Service Center mailing address and telephone number are listed at the back of this prospectus. The administrative and routine customer
            services performed by our Service Center include processing and mailing of account statements and other mailings to Owners, responding to Owner correspondence and inquiries. Allianz Life also contracts with Tata Consultancy Services (Tata)
            located at #42(P) &amp; 45(P), Think Campus, Electronic City, Phase II, Bangalore, Karnataka 560100, India, to perform certain administrative services including:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z619a6b76f5ca4366b1b58d13b3cec072">

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

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-left:2.83%;margin-top:3pt;width:97.17%;" id="z3344686f1dfc4f5885e13be62bc854e9">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Services performed by Tata are overseen and quality control
            checked by our Service Center.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">To reduce expenses, only one copy of most financial reports and
            prospectuses, including reports and prospectus for the AZL Government Money Market Fund, may be mailed to your household, even if you or other persons in your household have more than one contract issued by us or our affiliate. Call our Service
            Center at the toll-free telephone number listed at the back of this prospectus if you need additional copies of financial reports, prospectuses, or annual and semiannual reports, or if you would like to receive one copy for each contract in
            future mailings.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Legal Proceedings</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We and our subsidiaries, like other life insurance companies,
            from time to time are involved in legal proceedings of various kinds, including regulatory proceedings and individual and class action lawsuits. In some legal proceedings involving insurers, substantial damages have been sought and/or material
            settlement payments have been made. Although the outcome of any such proceedings cannot be predicted with certainty, we believe that, at the present time, there are no pending or threatened legal proceedings to which we, the Separate Account,
            or ALFS is a party that are reasonably likely to materially affect the Separate Account, our ability to meet our obligations under the Contracts, or ALFS ability to perform its obligations.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Status Pursuant to Securities Exchange Act of 1934</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life hereby relies on the exemption provided by Rule
            12h-7 under the Securities Exchange Act of 1934 from the requirement to file reports pursuant to Section 15(d) of that Act.</div>
        </div>
        <div style="margin-top:18pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;77&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_65"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">13.<font style="text-transform:uppercase;">&#160;&#160;Information

              on Allianz Life</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life is a stock life insurance company organized under
            the laws of the State of Minnesota in 1896. Our address is 5701 Golden Hills Drive, Minneapolis, MN 55416. We are a wholly owned subsidiary of Allianz of America, Inc. (AZOA), a financial holding company. AZOA is a wholly owned subsidiary of
            Allianz Europe, B.V., which in turn is a wholly owned subsidiary of Allianz SE, which is registered in Munich, Germany. We currently offer fixed index annuities, individual life insurance, and registered index-linked annuities. We are licensed
            to do direct business in 49 states and the District of Columbia.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Directors, Executive Officers and Corporate Governance</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">BOARD OF DIRECTORS</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Board currently consists of seven members, including our
            Chair, our President and Chief Executive Officer, our Chief Financial Officer and Treasurer, three&#160;independent outside board members, and one non-independent board member. Age and positions are provided as of December 31, 2020, except as
            otherwise noted.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Board holds regular quarterly meetings, generally in
            February, April/May, July/August, and October/November of each year, and holds special meetings or takes action by unanimous written consent as circumstances warrant. The Board has standing Executive, Audit, and Nomination, Evaluation and
            Compensation Committees, each of which is described in further detail below. In 2020, the Board acted four times by unanimous written action.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The current members of our Board are as follows.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Jacqueline Hunt<br>
            Director and Chair of the Board</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Jacqueline Hunt, age 52, currently serves as the Chair of Allianz
            Life&#8217;s Board of Directors and as the Chair of its Executive Committee since July 22, 2016. Ms. Hunt also serves as the Chair of the Board of Management of Allianz Asset Management GmbH, and is a member of the Board of Management of Allianz SE,
            Asset Management, US Life Insurance, respectively. Ms. Hunt also serves as the Chair and the President of Allianz Foundation for North America. Ms. Hunt also serves as a member of the Board of Trustees of the American Institute for Contemporary
            German Studies since June 2017. Previously, Ms. Hunt served as the Executive Director of Prudential plc and the Chief Executive of Prudential UK, Europe and Africa from 2013 to 2016.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Ms. Hunt brings to the Board extensive experience in the
            financial services and insurance industries, as well as extensive experience in investments and asset management, including serving as a Member of the Board of Management of Allianz SE, Asset Management, US Life Insurance.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Walter R. White<br>
            Director, President, and Chief Executive Officer</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Walter R. White, age 64, joined Allianz Life in 2009, and
            currently serves as the President and Chief Executive Officer, as a member of the Board of Directors and as a member of its Executive Committee since January 1, 2012. Mr. White also serves as the Chair of the Board and the Chief Executive
            Officer of Allianz Life Insurance Company of New York (Allianz Life of New York) and as Chair of its Conflict of Interest and Executive Committees. Mr. White also serves as a Director and President of AZOA Services Corporation and as the Chair
            of its Shared Plans Management Committee. Mr. White also serves as a Governor of Allianz Individual Insurance Group, LLC, Allianz Investment Management U.S. LLC and TruChoice Financial Group, LLC, respectively. In addition, Mr. White serves as
            a Director of Questar Capital Corporation, and Questar Agency, Inc., respectively. Mr. White is responsible for leading and overseeing Allianz Life and Allianz Life of New York and providing strategic management and direction. Mr. White
            previously served as the Chair, Chief Executive Officer and President of Allianz Life and Annuity Company from 2012 to 2017 and as a Governor of Allianz Investment Management LLC from 2017 to 2020.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Mr. White brings to the Board extensive financial services and
            brokerage experience as well as key strategic planning and leadership skills developed as the Chief Executive Officer of Allianz Life and the former President of Woodbury Financial.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Mr. White shared his plans to retire as of December 31, 2021. Mr.
            White will be stepping down as President and Chief Executive Officer of Allianz Life as well as Chair and member of the Board, and Chief Executive Officer of Allianz Life of New York on September 1, 2021, and will be replaced by Jasmine M.
            Jirele, Senior Vice President, Chief Growth Officer of Allianz Life, subject to standard regulatory filings. After his retirement, Mr. White will be nominated to continue to serve as a member of the Allianz Life Board of Directors.</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;78&#160;</div>
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          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">William E. Gaumond<br>
            Director, Senior Vice President, Chief Financial Officer and Treasurer</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">William E. Gaumond, age 47, joined Allianz Life in 2004 and
            currently serves as Senior Vice President, Chief Financial Officer and Treasurer, and as a member of the Board of Directors since January 1, 2016. Mr. Gaumond also serves as a Director, the Chief Financial Officer and Treasurer and as a member
            of the Executive Committee and Chair of the Finance Committee of Allianz Life of New York. Mr. Gaumond also serves as the Chief Financial Officer and Treasurer of Allianz Foundation for North America, and as a Governor of TruChoice Financial
            Group, LLC, Allianz Life Financial Services, LLC and Allianz Investment Management U.S. LLC, respectively. Mr. Gaumond also serves as a Director and President of Allianz Fund Investments, Inc., AZL PF Investments, Inc., Dresdner Kleinwort
            Pfandbriefe Investments II, Inc. and PFP Holdings, Inc., respectively. Mr. Gaumond is also a Director of Questar Agency, Inc., Questar Asset Management, Inc., Questar Capital Corporation, Yorktown Financial Companies, Inc., Allianz of America,
            Inc., Allianz Real Estate of America LLC, and Allianz Technology of America, Inc., respectively. Mr. Gaumond is also a Director and the Senior Vice President of AZOA Services Corporation. Mr. Gaumond also serves as a Director and the Chief
            Financial Officer and Treasurer of Allianz Finance Corporation. Mr. Gaumond is responsible for all finance and risk management functions, with oversight of the controller, financial planning, treasury, and corporate risk management areas. Prior
            to his current roles, Mr. Gaumond spent 12 years in a number of finance and investment-related positions at Allianz Life and its affiliates in various executive capacities.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Mr. Gaumond brings to the Board extensive financial services,
            investment, and insurance industry experience, including serving as Chief Financial Officer and Treasurer of Allianz Life and Allianz Life of New York.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Howard E. Woolley<br>
            Director</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Howard E. Woolley, age 63, joined Allianz Life&#8217;s Board of
            Directors on May 1, 2020. Mr. Woolley is a member of Allianz Life&#8217;s Nomination, Evaluation and Compensation Committee and its Audit Committee. Mr. Woolley also serves on the Board of Trustees for Johns Hopkins Medicine and Syracuse University,
            is co-chair of the Johns Hopkins University &amp; Medicine External Affairs Committee, and serves on the Syracuse University Audit and Academic Affairs Committees. Mr. Woolley also serves as Chair of the Nominations and Governance Committee and
            is a member of the Audit Committee for telecommunications company SOMOS Inc. Mr. Woolley is an NACD Governance Fellow and an international member of the Australian Institute of Company Directors. In 2015, Mr. Woolley formed Howard Woolley Group
            LLC, a strategic business and public policy firm serving leading technology and wireless industry clients, and serves as its President, Principal. Prior to that, Mr. Woolley was Senior Vice President for Verizon Communications from 1993 to 2013
            and served as public policy advisor to CEOs of Verizon Wireless from 2000 to 2013.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Mr. Woolley brings to the Board more than 20 years of extensive
            board experience and brings a wealth of experience and insights in several areas, including risk management.&#160;</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Udo Frank<br>
            Director</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Udo Frank, age 61, joined Allianz Life&#8217;s Board of Directors on
            May 1, 2015 and also serves as the Chair of its Audit Committee and as a member of its Nomination, Evaluation and Compensation Committee and its Executive Committee. Mr. Frank has over 30 years of experience in the financial services and
            insurance industries. Mr. Frank worked for various Allianz SE investment and asset management affiliates from 1994 to 2014, including serving in numerous executive positions. In 2001, Mr. Frank was appointed as the Global Chief Executive
            Officer of RCM Capital Management, LLC. In 2012, he was appointed the Head of Product Management and Chief Marketing Officer of Allianz Global Investors &#8211; U.S.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Mr. Frank brings to the Board extensive experience in the
            financial services and insurance industries, as well as extensive experience in investments and asset management.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Kevin E. Walker<br>
            Director</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Kevin E. Walker, age 58, joined Allianz Life&#8217;s Board of Directors
            on May 23, 2017, and also serves as the Chair of its Nomination, Evaluation and Compensation Committee and as a member of its Audit Committee. Mr. Walker also serves as a member of the Board of Directors of Allianz Life of New York since
            October 1, 2018, and is a member of its Audit and Evaluation Committee and its Executive Committee. Mr. Walker serves as the Chair and Director of Allianz Reinsurance America, Inc., and is a member of its Audit Committee since January 1, 2017.
            Mr. Walker has over 30 years of insurance and financial services experience. Mr. Walker previously served at various Allianz affiliates throughout his career, most</div>
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          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
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          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">recently as the President and Chief Executive Officer of Allianz Reinsurance
            America, Inc. from 2015 to 2016. Mr. Walker has also served as a director and officer for several other Allianz affiliates.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Mr. Walker brings to the Board extensive experience in the
            insurance industry, as well as extensive experience in finance and operations.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Anna Sophie Herken<br>
            Director</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Anna Sophie Herken, age 49, joined Allianz Life&#8217;s Board of
            Directors on October 1, 2019. Ms. Herken also serves as the Business Division Head of Allianz Asset Management GmbH since April of 2018.&#160;Ms. Herken also serves as a board member of CPIC Fund Management Ltd. since July 2019. Prior to that, Ms.
            Herken was Chief Financial Officer and Chief Operating Officer of Hasso Plattner Capital Germany from 2016 to 2018 and Managing Director of Hertie School of Governance GmbH from 2011 to 2016.&#160; Ms. Herken holds a MBA from the University of
            Cambridge, Law and Judge Degrees.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Ms. Herken brings to the Board extensive experience in the
            financial service industry, as well as extensive experience in working for international financial organizations with a focus on finance and asset management.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">EXECUTIVE OFFICERS</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The current executive officers (other than Messrs. White and
            Gaumond) are as follows. Age and positions are provided as of December 31, 2020, except as otherwise noted.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Eric J. Thomes<br>
            Senior Vice President, Chief Distribution Officer</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Eric J. Thomes, age 48, joined Allianz Life in 1995 and currently
            serves as the Senior Vice President, Chief Distribution Officer of Allianz Life since April 1, 2019. Mr. Thomes also serves as the President and a Director of Allianz Life of New York. Mr. Thomes also serves as a Governor, and as the Chief
            Executive Officer and Chief Manager of Allianz Life Financial Services, LLC. Mr. Thomes also serves as a Governor of Allianz Individual Insurance Group, LLC, and TruChoice Financial Group, LLC, respectively. He also serves as the Chair and as a
            Director of Yorktown Financial Companies, Inc., Questar Agency, Inc., Questar Asset Management, Inc., and Questar Capital Corporation, respectively. Mr. Thomes is responsible for the development, design and implementation of Allianz Life&#8217;s and
            Allianz Life of New York&#8217;s sales and distribution strategies. Prior to his current roles, Mr. Thomes served as the Field Senior Vice President, FMO Sales from 2009 to 2019. Mr. Thomes also served as the President of Allianz Individual Insurance
            Group, LLC from 2005 to 2018.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Gretchen Cepek<br>
            Senior Vice President, General Counsel and Secretary</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Gretchen Cepek, age 52, joined Allianz Life in 2009 and currently
            serves as Senior Vice President, General Counsel and Secretary since February 17, 2012. In this role, Ms. Cepek is responsible for the legal, ethics and compliance departments as well as government relations and the special investigations unit.
            Ms. Cepek also serves as the Chief Legal Officer and Secretary and as a member of the Conflict of Interest Committee of Allianz Life of New York, and General Counsel and Secretary of AZOA Services Corporation. Previously, Ms. Cepek served as
            the Secretary for Allianz Life and Annuity Company from 2012 to 2017. Ms. Cepek received her J.D. from Valparaiso University School of Law in 1993.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Jasmine M. Jirele<br>
            Senior Vice President, Chief Growth Officer</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Jasmine M. Jirele, age 43, joined Allianz Life in 2018 and
            currently serves as the Senior Vice President, Chief Growth Officer of Allianz Life since October 1, 2018. Ms. Jirele leads strategy, new markets, global business development, product innovation, marketing, digital and experience management,
            Allianz Ventures, strategic communication and sponsorships, and enterprise agile for Allianz Life. Previously, Ms. Jirele was an executive vice president within Wells Fargo's Consumer Bank division, and was previously a senior vice president in
            Wells Fargo's Wealth and Investment Management division. Prior to that, Ms. Jirele spent nine years at Allianz Life as the Senior Vice President of Enterprise Operations from 2012 to 2015, Vice President of Market Management and Product
            Innovation from 2009 to 2012, Director of Executive Projects from 2007 to 2009, and Director of Marketing/Communications from 2006 to 2007, respectively.</div>
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          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
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        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
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          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">On September 1, 2021, Ms. Jirele will be a member of the Board,
            and President and Chief Executive Officer of Allianz Life as well as Chair and member of the Board, and Chief Executive Officer of Allianz Life of New York, subject to standard regulatory filings.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Catherine A. Mahone<br>
            Senior Vice President, Chief Administrative Officer</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Catherine A. Mahone, age 56, joined Allianz Life in 2008 and
            currently serves as the Senior Vice President, Chief Administrative Officer since January 16, 2012. Ms. Mahone is also the Chief Administrative Officer of Allianz Life of New York, and serves as a Governor of Allianz Life Financial Services,
            LLC. Ms. Mahone is responsible for the oversight of enterprise operations, information technology, and other strategic business initiatives. Previously, Ms. Mahone served as the Senior Vice President, Enterprise Operations from 2008 to 2012,
            and as a Director of Allianz Technology of America, Inc. from 2013 to 2015.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Neil H. McKay<br>
            Senior Vice President, Chief Actuary</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Neil H. McKay, age 59, joined Allianz Life in 1999 and currently
            serves as the Senior Vice President, Chief Actuary of Allianz Life since May 15, 2000. Mr. McKay also currently serves as the Chief Actuary of Allianz Life of New York since April 8, 2014. Mr. McKay served as a Director and the Chief Actuary of
            Allianz Life and Annuity Company from 2007 to 2017. Mr. McKay is responsible for all of the actuarial functions of Allianz Life and Allianz Life of New York, including the actuarial assumptions underlying its products and the rate setting
            associated with existing and new products.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Todd M. Hedtke<br>
            Senior Vice President, Chief Investment Officer</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Todd M. Hedtke, age 48, joined Allianz Life in 2000 and currently
            serves as the Senior Vice President, Chief Investment Officer since August 21, 2015. He also currently serves as the Chief Investment Officer of Allianz Life of New York. Mr. Hedtke also serves as a Governor and Chief Executive Officer of
            Allianz Investment Management LLC and Allianz Investment Management U.S. LLC, and the Chief Investment Officer of Allianz Life Insurance Company of Missouri, respectively. Mr. Hedtke is a Director and President of Allianz Finance Corporation,
            and a Director, Vice President and Treasurer of Allianz Fund Investments Inc., AZL PF Investments Inc., and Dresdner Kleinwort Pfandbriefe Investments II Inc., respectively. Mr. Hedtke also serves as Chair of the Benefit Plans Investment
            Committee for AZOA Services Corporation. Mr. Hedtke leads the investment management, liquidity planning, hedging, and trading functions at Allianz Life. Mr. Hedtke is also a member of the global Allianz Investment Management Board, which serves
            the Allianz Group of insurance companies. Prior to his current roles, Mr. Hedtke spent 15 years in a number of investment-related positions at Allianz Life and its affiliates, including as a Director and the Chief Investment Officer of Allianz
            Life and Annuity Company from 2015 to 2017 and as the Chief Investment Officer of Allianz Annuity Company of Missouri from 2015 to 2019, respectively.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Jenny L. Guldseth<br>
            Senior Vice President, Chief Human Resources Officer</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Jenny L. Guldseth, age 45, joined Allianz Life in 2005 and
            currently serves as the Senior Vice President, Human Resources Officer since January 1, 2019. In this position, Ms. Guldseth is responsible for setting strategy and leading the Human Resources and Facilities departments to improve business
            results and increase employee engagement. Ms. Guldseth is also a Director of the Allianz Foundation for North America. Ms. Guldseth also serves as the Chief Human Resources Officer of AZOA Services Corporation and is the Chair of its Employee
            Benefits Administration Committee and a member of its Benefit Plans Investment Committee and its Shared Plans Management Committee, respectively. Ms. Guldseth has over ten years of experience at Allianz Life, including having served as the Vice
            President, Rewards and Performance from 2017 to 2018, the Assistant Vice President of Rewards and Performance from 2013 to 2017, and Manager, Human Resource Business Partner from 2010 to 2013. In these positions, she was responsible for the
            Performance and Compensation functions for Allianz Life and the benefits functions for multiple U.S.-based affiliate companies.</div>
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          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
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          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">CORPORATE GOVERNANCE</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Committees of the Board</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Executive Committee of the Board (&#8220;Executive Committee&#8221;) is
            currently composed of Ms. Hunt (Chair) and Messrs. White and Frank (who replaced Mr. Clark as a member as of May 1, 2020). The function of the Executive Committee is to exercise the authority of the Board between meetings of the Board, with the
            exceptions set forth in Allianz Life&#8217;s By-Laws. The Executive Committee&#160;did not meet in 2020.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Audit Committee of the Board is currently composed of Messrs.
            Frank (Chair), Walker&#160;and Woolley (who replaced Mr. Clark as a member as of May 1, 2020). The Audit Committee is responsible for overseeing Allianz Life&#8217;s accounting and financial reporting and control processes on behalf of the Board, which
            includes assisting with Board oversight of (1) quality and integrity of Allianz Life&#8217;s financial statements, (2) Allianz Life's compliance with legal and regulatory requirements, (3) the qualifications, independence and fees of the
            independent-auditors, (4) Allianz Life&#8217;s system of internal controls and (5) the performance of Allianz Life's internal audit function. The Board has determined that each member of the Audit Committee is financially literate. The Audit
            Committee met four times in 2020.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Nomination, Evaluation and Compensation Committee (NEC
            Committee) is currently composed of Messrs. Walker&#160;(Chair) (who replaced Mr. Clark as Chair as of May 1, 2020), Frank and&#160;Woolley (who was appointed as a member as of May 1, 2020). The NEC Committee&#8217;s purpose is to (1) nominate candidates for
            director for election, (2) evaluate the performance of officers deemed to be &#8220;principal officers,&#8221; and (3) recommend to the Board the selection and compensation of the &#8220;principal officers.&#8221; The NEC Committee met once in 2020.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Independence of Certain Directors</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life is not subject to the independence standards of the
            New York Stock Exchange or any other national securities exchange, but is subject to the independence standards required under the Model Audit Rule. Applying the independence standards of the Model Audit Rule to the current members of the
            Board, the Board has determined that (1) Messrs. Frank, Walker and Woolley are &#8220;independent&#8221; under the Model Audit Rule, and (2) Mr. Clark was &#8220;independent&#8221; under those standards through his resignation date of April 30, 2020.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Code of Ethics</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">All of our officers and employees, including our Chief Executive
            Officer, Chief Financial Officer and Controller, are subject to Allianz Life&#8217;s Code of Ethics.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Executive Compensation</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Compensation Discussion
              and Analysis</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">In this section, we provide an overview of the goals and
            principal components of our executive compensation program and describe how we determine the compensation of our &#8220;Named Executive Officers&#8221; or &#8220;NEOs.&#8221; For 2020, our NEOs were:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="za33f4a4981d746c2a009afdd9d8b5c1f">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Walter R.
                    White<font style="font-weight:Normal;">, President and Chief Executive Officer</font> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">William
                    E. Gaumond<font style="font-weight:Normal;">, Senior Vice President, Chief Financial Officer and Treasurer</font> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Eric J.
                    Thomes<font style="font-weight:Normal;">, Senior Vice President, Chief Distribution Officer</font> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Jasmine
                    M. Jirele<font style="font-weight:Normal;">, Senior Vice President, Chief Growth&#160;Officer</font> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Neil H. McKay<font style="font-weight:Normal;">, Senior Vice President, Chief Actuary</font> </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The details of each NEO&#8217;s compensation may be found in the
            Summary Compensation Table and other compensation tables included in this Executive Compensation section.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Executive Summary</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life&#8217;s compensation programs are intended to align our
            NEOs&#8217; interests with those of our ultimate stockholder, Allianz SE, the ultimate parent company of Allianz Life. Allianz Life's compensation programs are designed to reward performance that meets or exceeds the goals established by the
            Compensation Committee, a management committee of Allianz Life. Allianz Life is tasked with establishing the executive compensation philosophy. In line with Allianz Life&#8217;s compensation philosophy described below, the total compensation received
            by our NEOs will vary based on individual and corporate performance in light of annual and long-term performance goals. Our NEOs&#8217; total compensation is composed of a mix of annual base salary, annual cash awards based on corporate objectives
            and executive performance factors and long-term equity incentive awards in the form of restricted stock units of the equity securities of Allianz SE.</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;82&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_70"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Compensation Philosophy
              and Strategy</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Overview</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The overriding goal of Allianz Life&#8217;s executive compensation
            programs is to attract, retain and motivate top-performing executive officers who will dedicate themselves to long-term financial and operational success. To this end, Allianz Life has structured the executive compensation programs to foster a
            pay-for-performance management culture by:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zba0f39d4a5314069bf307416ba9154dd">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">Compensation Components</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">To support this pay-for-performance strategy, Allianz Life&#8217;s
            total compensation program provides a mix of compensation components that bases the majority of each executive&#8217;s compensation on their success and on an assessment of each executive&#8217;s overall contribution to that success.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.39%;" id="zdc9f1cdbe7264af792d318e0794409a5">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">In addition, Allianz Life offers all employees, including our
            NEOs, broad-based benefits, including comprehensive medical, dental and vision insurance, group term life insurance and participation in a 401(k) plan.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">How Compensation Decisions
              Are Made</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Role of the Board of Directors and Compensation Committee</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The framework governing the executive compensation policies for
            Allianz Life, except as such policies relate to the compensation for the Chief Executive Officer, is set through the Compensation Committee of Allianz Life. Decisions affecting the compensation of the Chief Executive Officer are outside the
            scope of the Allianz Life Compensation</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;83&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_71"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">Committee. Any such decisions are made by Allianz SE, subject to review by the NEC
            Committee, and final approval by Allianz Life&#8217;s Board of Directors. With respect to the compensation of other &#8220;principal officers&#8221; selected by the Board for purposes of the duties of the NEC Committee under Minn. Stat. &#167; 60D.20, subd. 3(d), the
            Compensation Committee&#8217;s decisions are similarly subject to review by the NEC Committee and final approval by Allianz Life&#8217;s Board. The &#8220;principal officers&#8221; include the Chief Executive Officer, Chief Financial Officer, and General Counsel.
            Allianz Life&#8217;s Board has delegated the following responsibilities to the Compensation Committee:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z47935d6abba1421c868edeeadd77099e">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The Compensation Committee will at all times be composed of at
            least three members who are appointed by the full Board of Directors of Allianz Life. The Compensation Committee currently consists of the following members: the Chair of the Board, the Chief Executive Officer, and the Chief Human Resources
            Officer. The Compensation Committee also utilizes internal personnel to provide advice to the Compensation Committee regarding market trends in compensation policies at competing companies and on a more macro level.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Following its review and decision, the Compensation Committee
            produces and submits a report on executive compensation to Allianz Life&#8217;s Board of Directors at its request. With respect to the compensation of &#8220;principal officers&#8221; selected by Allianz Life&#8217;s Board for purposes of the duties of the NEC
            Committee under Minnesota Statutes &#167; 60D.20, subd. 3(d), the Compensation Committee produces and submits a report on executive compensation proposed for the designated &#8220;principal officers&#8221; to the NEC Committee for its review and recommendation
            to Allianz Life&#8217;s Board for final approval.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Role of the Chief Executive Officer</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Our Chief Executive Officer assists the Compensation Committee in
            its review of the total compensation of all the NEOs except himself. He provides the Compensation Committee with his assessment of their performances relative to the corporate and individual goals and other expectations set for them for the
            preceding year. He then provides his recommendations for each NEO&#8217;s total compensation and the appropriate goals for each in the year to come. However, the Compensation Committee is not bound by his recommendations.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Role of Allianz Life&#8217;s Human Resources</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life&#8217;s Human Resources supports the Compensation
            Committee on executive compensation matters by being responsible for many of the organizational and administrative tasks that underlie the compensation review and determination process and making presentations on various topics. Allianz Life&#8217;s
            Human Resources efforts include, among other things:</div>
          <div>
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                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">evaluating
                    the compensation data from industry groups, national executive pay surveys, and other sources for the NEOs and other executive officers as appropriate; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">gathering and correlating performance ratings and reviews for individual executive officers, including the NEOs; </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;84&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_72"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" id="zb69ff0cd594b49cdba801852b4ee5b20">

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                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">reviewing
                    executive compensation recommendations against appropriate market data and for internal consistency and equity; and </td>
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                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">reporting to, and answering requests for information from, the Compensation Committee. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Allianz Life&#8217;s Human Resources officers also coordinate and share
            information with their counterparts at Allianz SE.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Use of Competitive
              Compensation Data</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Because Allianz Life competes most directly for executive talent
            with other large diversified financial services companies, Allianz Life regards it as essential to regularly review the competitiveness of the total compensation programs for executives to ensure that Allianz Life provides compensation
            opportunities that compare favorably with the levels of total compensation offered to similarly situated executives by other companies that participate in the compensation surveys in which Allianz Life participates. Allianz Life relies
            primarily on external market surveys of corporate compensation and benefits published by various national compensation consulting firms, especially salary surveys focusing on insurance companies. In addition, other factors taken into account
            include the average revenues and number of employees of companies that participate in such surveys.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">All these information sources are employed to measure and compare
            actual pay levels not only on an aggregate, total compensation basis, but also to break down the total compensation program component by component to review and compare specific compensation elements as well as the particular mixes of fixed
            versus variable, short-term versus long-term, and cash versus equity-based compensation at the surveyed companies. This information, as collected and reviewed by Allianz Life&#8217;s Human Resources, is submitted to the Compensation Committee for
            review and discussion.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Internal Pay Equity Analysis</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life&#8217;s compensation programs are designed with the goal
            of providing compensation to our NEOs that is fair, reasonable, and competitive. To achieve this goal, Allianz Life believes it is important to compare compensation paid to each NEO not only with compensation paid by the surveyed companies, as
            discussed above, but also with compensation paid to each of our other NEOs. Such an internal comparison is important to ensure that compensation is equitable among our NEOs.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Components of Total
              Compensation For Our NEOs</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life provides total compensation to our NEOs that
            consists of several components. These components include the three components of the total compensation program (i.e., base salary, annual incentives, and equity) as well as: (i) retirement, health, and other benefit programs; (ii) severance
            benefits; and (iii) perquisites.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Base Salary</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life&#8217;s philosophy is to make base salary a relatively
            small portion of the overall compensation package for our NEOs, which Allianz Life believes is common in the industry in which we operate. The amount of the base salary awarded to NEOs is based on the position held, the NEO&#8217;s tenure, the scope
            of the position&#8217;s responsibilities, and the NEO&#8217;s own performance, all of which are reviewed with the aid of market survey data. Using this data, Allianz Life maintains a 50th percentile pricing philosophy, comparing base salaries against the
            median for comparable salaries at surveyed companies, unless exceptional conditions require otherwise.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">With respect to the base salary of our Chief Executive Officer,
            the Chair of the Board considered the Chief Executive Officer&#8217;s experience, performance, and contribution to overall corporate performance when determining his base salary for 2020 for recommendation to the NEC Committee. Base salaries for our
            other NEOs for 2020 were also set by the Compensation Committee based upon each NEO&#8217;s individual experience and contribution to the overall performance of Allianz Life, and subject to Allianz SE Compensation Committee reviews and, with respect
            to the base salaries of &#8220;principal officers&#8221; selected by Allianz Life&#8217;s Board of Directors for purposes of the duties of the NEC Committee under Minnesota Statutes &#167; 60D.20, subd. 3(d), subject to NEC Committee review and recommendation to
            Allianz Life&#8217;s Board for final approval.</div>
        </div>
        <div style="margin-top:71pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;85&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_73"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">AIP</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life offers annual cash bonuses to certain executive
            officers under the AIP. The AIP is designed to improve performance and profitability by motivating employees to accomplish organizational objectives and financial goals. Bonus awards that may be paid pursuant to the AIP are within the sole
            discretion of the Compensation Committee, and with respect to our CEO, the Chair of the Board, and are intended to:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="zb94e72b17fae4a34b3c6ba8bd81baa81">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Following the performance year, the Compensation Committee
            approved a specific amount of cash awards to be made pursuant to the AIP to executive officers, including our NEOs, for the 2020 performance year. The amount determined to be available for such awards was at the discretion of the Compensation
            Committee and was dependent upon many factors as outlined previously, including, but not limited to, current financial performance and contributions of our NEOs in achieving performance objectives, and with respect to the awards to the
            &#8220;principal officers&#8221; selected by Allianz Life&#8217;s Board for purposes of the duties of the NEC Committee under Minnesota Statutes &#167; 60D.20, subd. 3(d), subject to NEC Committee review and recommendation to Allianz Life&#8217;s Board for final approval.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">AEI</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The AEI is (a) one part of the variable compensation component
            for certain individuals within designated classes of employees at Allianz Life or (b) offered by Allianz Life to select senior employees as an additional part of their variable compensation on a case by case basis. The AEI is granted in the
            form of restricted stock units of Allianz SE (&#8220;RSUs&#8221;). The award of RSU&#8217;s are intended to:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zbc8bc06252c341b5bb8c9cbfd96b7fb5">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Awards made pursuant to the AEI are based upon both the
            performance of Allianz Life and Allianz Life of New York and the performance of the NEO. The Compensation Committee (and, with respect to those NEOs that are &#8220;principal officers&#8221; for purposes of the NEC Committee&#8217;s duties, the NEC Committee
            with final approval of Allianz Life&#8217;s Board of Directors) reviewed the performance of our NEOs following the end of our 2020 fiscal year relative to the AEI allocation amount.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Benefit Perquisites</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life provides our NEOs with certain limited perquisites.
            All of our employees, including our NEOs, may participate in the qualified 401(k) plan. Allianz Life and Allianz Life of New York generally provide our executive officers, including our NEOs, with a matching contribution up to $21,375 annually.
            In addition, Allianz Life and Allianz Life of New York provide excess liability insurance coverage to all of our NEOs and provide financial planning and tax preparation services, relocation reimbursements, and reimbursements of spousal travel
            expenses to certain of our NEOs. The incremental costs of perquisites for the NEOs during 2020 are included in the column entitled &#8220;All Other Compensation&#8221; in the Summary Compensation Table included in this section.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Certain Retention Arrangements&#160;</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life&#8217;s offer letter to our Senior Vice President, Chief
            Growth Officer, Jasmine M. Jirele included a retention bonus arrangement related to her onboarding. The retention bonus payments will be paid through 2022 so long as she remains employed with Allianz Life, and the arrangement requires repayment
            of certain amounts if Ms. Jirele voluntarily terminates her employment within a certain period.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Severance Arrangements</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life has entered into an Executive Severance Agreement
            with our Director, President, and Chief Executive Officer, Walter R. White, which is described in the &#8220;Allianz Life Executive Severance Agreement&#8221; discussion later in this section. We have not entered into any other specific severance
            agreements with any of our NEOs.</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;86&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_74"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The remainder of our NEOs are eligible for severance payments
            under the Executive Severance Plan if they experience a qualifying termination of employment and otherwise satisfy the conditions set forth in the plan.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Other than the Executive Severance Plan, which is described later
            in this section, our NEOs (except for Walter R. White) are not eligible for severance payments. Certain of our executive officers receive offer letters which set forth the terms relating to base salary, sign-on incentives, and equity
            compensation. However, Allianz Life does not view these offer letters as employment agreements as each offer letter states that employment with Allianz Life is &#8220;at will.&#8221;</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Other Compensation
              Policies</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Tax and Accounting Implications</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Stock-Based Compensation</font>.
            Stock-based compensation, comprised of Allianz SE restricted stock units (RSUs) granted pursuant to the AEI, are accounted for in accordance with the requirements of Financial Accounting Standards Board Accounting Standards Codification (&#8220;FASB
            ASC&#8221;) Topic 718. The fair value of the RSUs at grant is the arithmetic average of the closing prices of an Allianz SE share in the electronic cash market trading system Xetra (or any successor system) on that day and the nine immediately
            preceding trading days, less the present value of dividends expected to be paid on one Allianz SE share over the vesting period, and less the fair value of payout restrictions deriving from the vesting period and the payout cap.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Recently Discontinued Compensation Programs</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The purpose of the ALTPUP was to advance the interests of Allianz
            Life, including Allianz Life of New York, and our indirect stockholder. The ALTPUP sought to accomplish this purpose by providing an incentive in addition to current compensation to certain individuals within designated classes of employees of
            Allianz Life who contribute significantly to their company&#8217;s long-term performance. Such incentive was in the form of Long-Term Performance Units ("ALTPUP Units"), which were contingent awards, subject to the terms, conditions, and restrictions
            described in the ALTPUP and the Award Agreement under which such awards were made, by which participants in the ALTPUP may have become entitled to receive cash on the payment date for redemption of the ALTPUP Units valued on the valuation date.
            The award of ALTPUP Units was discretionary. In March 2020, the Group Compensation Committee determined all Allianz entities would move forward with the Allianz SE long term incentive program or AEI. As a result, the ALTPUP program has been
            discontinued and provided a final grant in March 2020 for 2019 performance.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Our Chief Executive Officer received cash awards pursuant to the
            terms of the Allianz SE Mid-Term Bonus Plan instead of the ALTPUP. Like the ALTPUP, the Mid-Term Bonus Plan has been discontinued, so the award with respect to 2019 performance was the final award made under the Mid-Term Bonus Plan.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Summary Compensation Table</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The following table sets forth the compensation paid by Allianz
            Life for the year ended December 31, 2020 to our NEOs. The executive compensation information in this prospectus is shown for a one-year period, in accordance with Regulation S-K Item 402, Instruction 1 to Item 402(c).</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.39%;" id="z2e6b323581b44dda8089dd156f9b9e0c">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:4pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:26.30%;">Name and Principal<br>
                    Position<br>
                    (a) </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:5.42%;">Year<br>
                    (b) </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.02%;">Salary<br>
                    (c) </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.24%;">Bonus<br>
                    (d) </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.13%;">Stock<br>
                    Awards<br>
                    (e)<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:21.06%;">Non-Equity<br>
                    Incentive Plan Compensation<br>
                    (g) </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.71%;">All Other<br>
                    Compensation<br>
                    (i)<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.13%;">Total<br>
                    (j) </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.30%;">Walter R. White<br>
                    <font style="font-weight:Normal;">President and Chief Executive Officer</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:5.42%;">2020 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.02%;">$865,100 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.24%;">N/A </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.13%;">$1,593,774 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:21.06%;">$1,062,516 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.71%;">$27,721 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:9.13%;">$3,549,111 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.30%;">William E. Gaumond<br>
                    <font style="font-weight:Normal;">Senior Vice President, Chief Financial Officer and Treasurer</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:5.42%;">2020 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.02%;">$468,885 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.24%;">N/A </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.13%;">$482,241 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:21.06%;">$321,494 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.71%;">$26,300 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.13%;">$1,298,920 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.30%;">Eric J. Thomes<br>
                    <font style="font-weight:Normal;">Senior Vice President, Chief Distribution Officer</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:5.42%;">2020 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.02%;">$525,000 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.24%;">N/A </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.13%;">$699,679 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:21.06%;">$333,119 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.71%;">$30,427 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.13%;">$1,588,225 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.30%;">Jasmine M. Jirele<br>
                    <font style="font-weight:Normal;">Senior Vice President, Chief Growth Officer</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:5.42%;">2020 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.02%;">$458,380 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.24%;">$200,000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup>
                  </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.13%;">$471,436 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:21.06%;">$314,291 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.71%;">$22,787 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.13%;">$1,466,894 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:4pt; padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.30%;">Neil H. McKay<br>
                    <font style="font-weight:Normal;">Senior Vice President, Chief Actuary</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:5.42%;">2020 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.02%;">$510,000 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.24%;">N/A </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.13%;">$490,212 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:21.06%;">$326,808 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.71%;">$27,538 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt;padding-right:4pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.13%;">$1,354,558 </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="1" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="z71c5dc08d7634a4eb0df239d2674c600">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(1) </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">A
                    retention bonus of $800,000 will be paid over four years in increments of $200,000 with the first payment paid in March 2019 and the final payment in 2022 so long as Ms. Jirele remains employed by Allianz Life. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:3.64%;">(2) </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:96.36%;">Represents the grant date fair value of the RSUs issued pursuant to the AEI. The RSUs vest over a four-year period. The RSUs issued in 2021 for the 2020 performance year have a March 2025 exercise date.
                    The grant price of the RSUs was the arithmetic average of the closing prices of an </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:6pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;87&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_75"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" id="z23511116dc91495c8a536a154d395c23">

                <tr style="page-break-inside:avoid;">
                  <td style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:3.64%;">&#160; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Allianz
                    SE share in the electronic cash market trading system Xetra (or any successor system) on the date of grant and the nine immediately preceding trading days, less the present value of dividends expected to be paid on one Allianz SE share
                    over the vesting period, and less the fair value of the payout restrictions deriving from the vesting period and the payout cap. These numbers show the amount realized for financial reporting purposes as calculated in accordance with
                    the FASB ASC Topic 718. Under FASB ASC Topic 718, the grant date fair value is calculated using the closing market price of the common stock of Allianz SE on the date of grant, which is then recognized over the requisite service period
                    of the award. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:3.64%;">(3) </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;padding-top:1pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:96.36%;">The following table provides additional details regarding compensation found in the &#8220;All Other Compensation&#8221; column. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:3.64%;">&#160; </td>
                  <td style="line-height:1pt;text-align:left;vertical-align:top;white-space:nowrap;width:96.36%;">&#160; </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:4.25%;margin-top:6pt;width:85.63%;" id="z0c3266b179be4939897c5597b8aeec46">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:4pt; padding-right:6pt;padding-top:4pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.11%;">Name </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.29%;">Year </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.86%;">Spousal<br>
                    Travel<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(4)</sup> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.20%;">Milestone/<br>
                    Anniversary/<br>
                    Recognition<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(5)</sup> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.34%;">Life Insurance<br>
                    Premiums </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:14.80%;">Employer Match<br>
                    to 401(k) Plan </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.54%;">ASAAP<br>
                    Contribution<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(6)</sup> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:8.44%;">Total </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.11%;">Walter R. White </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:6.29%;">2020 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.86%;">$5,431 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:21.72pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.20%;">-- </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.34%;">$915 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:14.80%;">$21,375 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:21.72pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.54%;">-- </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.44%;">$27,721 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.11%;">William E. Gaumond </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:6.29%;">2020 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.86%;">$4,257 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:21.72pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.20%;">-- </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.34%;">$668 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:14.80%;">$19,500 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.54%;">$1,875 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.44%;">$26,300 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.11%;">Eric J. Thomes </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:6.29%;">2020 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.86%;">$6,445 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.20%;">$1,800 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.34%;">$807 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:14.80%;">$19,500 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.54%;">$1,875 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.44%;">$30,427 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.11%;">Jasmine M. Jirele </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:6.29%;">2020 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:21.72pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.86%;">-- </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.20%;">$1,000 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.34%;">$412 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:14.80%;">$19,500 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.54%;">$1,875 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.44%;">$22,787 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:4pt; padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.11%;">Neil H. McKay </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:6.29%;">2020 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.86%;">$5,431 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt; padding-left:21.72pt;padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.20%;">-- </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.34%;">$732 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:14.80%;">$21,375 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt; padding-left:21.72pt;padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.54%;">-- </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt;padding-right:4pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.44%;">$27,538 </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="1" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="zfcadb92608e7496487fcebd92e539ebb">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(4) </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Represents
                    reimbursement or payments made to defray the costs of a spouse&#8217;s travel. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(5) </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Represents
                    Milestone Anniversary Program, which pays a bonus at three and five year anniversaries, and then every five years thereafter. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:3.64%;">(6) </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:96.36%;">Represents company matching contribution to the Allianz Supplemental Asset Accumulation Plan for deferrals in excess of IRS compensation limit. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Performance-Based
              Incentive Compensation Plans</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">AIP</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The AIP is intended to provide an incentive that will encourage
            superior individual performance and encourage retention of employees who have demonstrated exceptional performance or who are anticipated to significantly contribute to the long-term success of Allianz Life. The AIP seeks to accomplish this
            purpose by providing a bonus opportunity to eligible employees who have made significant contributions during the plan year to the achievement of annual goals and objectives. The guidelines for target awards are meant to be illustrative of
            competitive market bonuses for similar job levels in the marketplace. While the target awards may be used for illustrative, budget planning, or distribution scenarios, all bonus awards are discretionary and are in no way guaranteed.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Compensation Committee or other duly authorized committee
            determines allocation of bonus awards to employees. With respect to &#8220;principal officers&#8221; for purposes of the NEC Committee&#8217;s duties, the NEC Committee recommends to Allianz Life&#8217;s Board of Directors awards for final approval.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">AEI</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The AEI is designed to recognize the participant&#8217;s continuous
            employment with Allianz Life over the relevant period and shall be an incentive to continue employment. Grants under the AEI will generally only be made if the participant is employed with Allianz Life at the date of grant. Payments will be
            made only if the participant remains employed with Allianz Life during the vesting period of the RSU, or leaves employment under circumstances set out in the AEI, including after retirement or early retirement eligibility, disability, or under
            certain other circumstances. The securities issuable under the AEI are RSUs. An RSU constitutes the right to receipt of the market value of Allianz SE common stock at the time of exercise. This amount will be paid in cash. RSUs are subject to a
            four-year vesting period. At the end of the four-year vesting period, the RSUs are exercised uniformly for all participants, provided they remain employed by Allianz Life, terminate after retirement or early retirement eligibility, or under
            certain other circumstances. Vesting and exercise may accelerate if a participant leaves employment under other &#8220;good leaver&#8221; circumstances set forth in the AEI. The grant at fair value cannot be greater than 165% of a participant&#8217;s target
            amount. The maximum value of an exercise is an increase of 200% over the grant value (i.e., 300% of the grant value).</div>
        </div>
        <div style="margin-top:119pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;88&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_76"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Grants of Plan-Based
              Awards</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The following table provides additional information about
            plan-based compensation disclosed in the Summary Compensation Table. This table includes both equity and non-equity awards granted for the year ended December 31, 2020.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.39%;" id="zc63eed723b4c4536925c073b4e81a913">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:4pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:20.77%;" rowspan="2">Name<br>
                    <br>
                    (a) </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.32%;" rowspan="2">Grant Date<br>
                    <br>
                    (b) </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:33.95%;" colspan="3">Estimated Future Payouts Under Non-Equity Incentive Plan Awards<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(1),(2)</sup> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:33.95%;" colspan="3">Estimated Future Payouts Under Equity Incentive Plan Awards<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.32%;">Threshold ($)<br>
                    (c) </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.32%;">Target ($)<br>
                    (d) </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.32%;">Maximum ($)<br>
                    (e) </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.32%;">Threshold ($)<br>
                    (f) </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.32%;">Target ($)<br>
                    (g) </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.32%;">Maximum ($)<br>
                    (h) </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Walter R. White </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">3/5/2021 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:4pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">RSUs (under AEI) </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$0 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$1,557,180 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$7,708,041 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">AIP Award </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$0 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$1,038,120 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$1,712,898 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:4pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">William E. Gaumond </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">3/5/2021 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:4pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">RSUs (under AEI) </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$0 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.32%;">$506,396 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$2,506,659 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">AIP Award </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$0 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.32%;">$337,597 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.32%;">$675,194 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:4pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Eric J. Thomes </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">3/5/2021 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:4pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">RSUs (under AEI) </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$0 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.32%;">$567,000 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$2,806,650 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">AIP Award </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$0 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.32%;">$378,000 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.32%;">$756,000 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:4pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Jasmine M. Jirele </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">3/5/2021 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:4pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
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                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">RSUs (under AEI) </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$0 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.32%;">$495,050 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$2,450,499 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">AIP Award </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$0 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.32%;">$330,034 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.32%;">$660,067 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:4pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Neil H. McKay </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">3/5/2021 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-right:4pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">RSUs (under AEI) </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$0 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.32%;">$550,800 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$2,726,460 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:4pt; padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">AIP Award </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-bottom:3pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.32%;">$0 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.32%;">$367,200 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.32%;">$734,400 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-bottom:3pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:0pt;padding-bottom:3pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:3pt;padding-right:4pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:11.32%;">&#160; </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="1" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="z3afda19c460e463988f63150873af811">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(1) </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">The
                    target and maximum columns show the target award and maximum award for 2020 for each NEO under the AIP. There is no threshold amount for any participant in the AIP. The actual 2020 awards granted to the NEOs are listed in the Non-Equity
                    Incentive Compensation column of the Summary Compensation Table. AIP target and maximum awards are a pre-designated percentage of base salary determined at the executive&#8217;s level. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(2) </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">RSUs
                    have a vesting schedule as disclosed in the footnotes to the Summary Compensation Table. See &#8220;Outstanding Equity Awards at December 31, 2020&#8221; for disclosure regarding the number of RSUs that are unvested as of December 31, 2020. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:3.64%;">(3) </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:96.36%;">The target and maximum columns show the target award and maximum award for 2020 for each NEO under the AEI. There is no threshold amount for any participant in the AEI. The actual 2020 awards granted to
                    the NEOs are listed in the Stock Awards column of the Summary Compensation Table. </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:315pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;89&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_77"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Outstanding Equity Awards
              at December 31, 2020</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The following table sets forth the outstanding equity awards at
            the December 31, 2020 fiscal year-end. The table shows RSUs granted pursuant to the AEI.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.39%;" id="zde932eba4a764ddd9afb445931db8232">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:4pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:20.77%;" rowspan="2">Name<br>
                    <br>
                    (a) </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:79.23%;" colspan="2">RSUs </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:39.61%;">Number of RSUs<br>
                    That Have Not<br>
                    Vested<br>
                    (g)<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(1),(2)</sup> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:39.61%;">Market Value of<br>
                    RSUs That Have<br>
                    Not Vested<br>
                    (h)<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Walter R. White </td>
                  <td style="border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:39.61%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:4pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:39.61%;">&#160; </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">8,161 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$1,985,898 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">7,030 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$1,710,680 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">5,239 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$1,274,858 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">6,097 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$1,483,644 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">William E. Gaumond </td>
                  <td style="border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:39.61%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:4pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:39.61%;">&#160; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">1,452 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:39.61%;">$353,330 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">2,039 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:39.61%;">$496,170 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">1,538 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:39.61%;">$374,257 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">1,948 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:39.61%;">$474,026 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Eric J. Thomes </td>
                  <td style="border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:39.61%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:4pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:39.61%;">&#160; </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:11.47pt;padding-right:6pt;padding-top:1.5pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">617 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:39.61%;">$150,141 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:11.47pt;padding-right:6pt;padding-top:1.5pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">492 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:39.61%;">$119,723 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:11.47pt;padding-right:6pt;padding-top:1.5pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">457 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:39.61%;">$111,206 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">1,474 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:39.61%;">$358,683 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Jasmine M. Jirele </td>
                  <td style="border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:39.61%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:4pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:39.61%;">&#160; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:18.77pt;padding-right:6pt;padding-top:1.5pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">0 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:39.61%;">$0 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:18.77pt;padding-right:6pt;padding-top:1.5pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">0 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:39.61%;">$0 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">1,467 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:39.61%;">$356,980 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">1,886 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:39.61%;">$458,939 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Neil H. McKay </td>
                  <td style="border-right:0.5pt solid #000000;line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:39.61%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:4pt;padding-top:1.5pt;text-align:center;vertical-align:top;width:39.61%;">&#160; </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">2,550 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:39.61%;">$620,517 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">2,203 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:39.61%;">$536,078 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;line-height:8pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">1,731 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:39.61%;">$421,222 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;line-height:8pt;padding-bottom:3pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:20.77%;">&#160; </td>
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">2,123 </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:39.61%;">$516,611 </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="1" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="z80f5029020ca48df9b3fa0f8304af67c">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(1) </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Represents
                    unvested RSUs issued pursuant to the AEI. RSUs issued under the AEI during 2020 are subject to a four-year vesting period from the grant date. At the end of the respective vesting period, the RSUs are exercised uniformly for all
                    participants, provided they remain employed by Allianz Life or terminate after retirement or early retirement eligibility, or under certain other circumstances. Vesting and exercise may accelerate if a participant leaves employment
                    under other &#8220;good leaver&#8221; circumstances set forth in the AEI. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(2) </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">For each
                    of the NEOs, the number of RSUs listed on the first line were exercised in 2021, the RSUs listed on the second line will exercise in 2022, the RSUs listed on the third line will exercise in 2023, and the RSUs listed on the fourth line
                    will exercise in 2024. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:3.64%;">(3) </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:96.36%;">Based on an assumed stock price of $243.34 per share, which was the arithmetic average of the closing prices of an Allianz SE share in the electronic cash market trading system Xetra (or any successor
                    system) on December 30, 2020 and the nine immediately preceding trading days, converted from Euros into U.S. dollars. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Allianz SE Option
              Exercises and Stock Grants Vested in 2020</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The following table summarizes the value received from Allianz SE
            stock grants vested during the year ended December 31, 2020.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.39%;" id="z015a34510ee34ff3b319c7db973e7ded">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:4pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.77%;" rowspan="2">Name </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:79.23%;" colspan="2">Stock Awards </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:39.61%;">Number of<br>
                    Shares<br>
                    Acquired<br>
                    on Vesting (#) </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:39.61%;">Value Realized<br>
                    on Vesting ($)<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Walter R. White </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">10,097 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$2,259,088 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">William E. Gaumond </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:15.12pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">721 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:39.61%;">$161,315 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Eric J. Thomes </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:15.12pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">732 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:39.61%;">$163,777 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Jasmine M. Jirele </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:23.89pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">- </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:39.61%;">$0 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:4pt; padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Neil H. McKay </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt; padding-left:9.65pt;padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">3,536 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt;padding-right:4pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:39.61%;">$791,140 </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="zd01521450315418dad8c55210dffe351">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(1) </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Represents
                    Allianz SE RSUs that were exercised during 2020 pursuant to the AEI. Amounts realized were paid in cash. </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:12pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;90&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_78"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Allianz Life Executive
              Severance Agreement</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life has entered into an Executive Severance Agreement
            with our Chief Executive Officer, Walter R. White, with an expiration date of December 31, 2021. The severance arrangements for Mr. White are prescribed by the Executive Severance Agreement.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Pursuant to the Executive Severance Agreement, Mr. White is
            entitled to a lump sum cash payment of $1,730,200 upon separation in the event he is terminated without &#8220;cause&#8221;, which is defined as engaging in conduct detrimental to the best interests of the Company (including, but not limited to, certain
            specified acts such as commission of a felony, theft, dishonesty, fraud or embezzlement) in the Executive Severance Agreement. In addition, pursuant to the Executive Severance Agreement, Mr. White is also bound by other restrictive covenants,
            including covenants relating to confidentiality and non-disparagement. Mr. White would also be entitled to continuation of medical and dental coverage at the employee premium rates for a period of 18 months following termination if Mr. White
            timely elects continuation and pays the required premiums.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The remainder of our NEOs are eligible for severance payments
            under the Executive Severance Plan if they experience a qualifying termination of employment and otherwise satisfy the conditions set forth in the applicable plan. The terms of this plan are set forth below.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Executive Severance Plan</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Executive officers who have the title of Senior Vice President or
            above and report directly to a senior executive officer at a specific level are eligible to receive severance benefits under the Executive Severance Plan if they experience a qualifying termination of employment, meaning an involuntary
            termination for any reason other than for &#8220;cause&#8221; with no offer of an equivalent position, and otherwise satisfy the conditions set forth in the plan. The purpose of the Executive Severance Plan is to provide severance benefits to executive
            officers whose employment is involuntarily terminated in a qualifying termination of employment in order to assist with job transition. Pursuant to the Executive Severance Plan, eligible executive officers who are involuntarily terminated in a
            qualifying termination of employment will receive a lump sum cash payment equal to one and one-half times their &#8220;annual base pay&#8221; in effect at the time of termination. Annual base pay, for purposes of this agreement, equals base salary and
            excludes special payments, such as bonuses, expense reimbursements, living, or other allowances. Eligible executive officers would also be entitled to continuation of medical and dental coverage at employee premium rates for a period of 18
            months following termination, if the executive officer timely elects continuation coverage and pays the required premiums.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The following table shows the lump sum payments that would have
            been payable to each of our NEOs had they been terminated on December 31, 2020 and been eligible for severance payments pursuant to the Executive Severance Plan.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:52.83%;" id="zf555223936784a389ffe8bbc2645b11d">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:4pt; padding-right:6pt;padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:48.85%;">NEOs </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:51.15%;">Lump Sum Payment </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:48.85%;">Walter R. White </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:51.15%;">$1,730,200 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:48.85%;">William E. Gaumond </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:51.15%;">$703,328 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:48.85%;">Eric J. Thomes </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:51.15%;">$787,500 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:48.85%;">Jasmine M. Jirele </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;width:51.15%;">$687,570 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:4pt;padding-left:4pt; padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:48.85%;">Neil H. McKay </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:4pt;padding-left:6pt;padding-right:4pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:51.15%;">$765,000 </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="zd4f64f47d6324b3fad365bf935743856">

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

            </table>
          </div>
        </div>
        <div style="margin-top:165pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;91&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_79"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Director Compensation</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The following table provides information on compensation paid to
            the directors of Allianz Life for the year ended December 31, 2020.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.39%;" id="z5ca5e6ceb899424b8d5b90bc28a786d5">

                <tr style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:4pt;padding-right:6pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.77%;">Name </td>
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:6pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:39.61%;">Fees Earned<br>
                    or Paid in<br>
                    Cash<br>
                    ($)<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup> </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt;padding-top:4pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:bottom;width:39.61%;">Total<br>
                    ($) </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:4pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.77%;">(a) </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:39.61%;">(b) </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:4pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:39.61%;">(h) </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Jacqueline Hunt<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup><br>
                    <font style="font-weight:Normal;">Chair of the Board</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">N/A </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">N/A </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Walter R. White<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup><br>
                    <font style="font-weight:Normal;">President and Chief Executive Officer</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">N/A </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">N/A </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">William E. Gaumond<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup><br>
                    <font style="font-weight:Normal;">Senior Vice President, Chief Financial Officer and Treasurer</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">N/A </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">N/A </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Anna Sophie Herken<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup><br>
                    <font style="font-weight:Normal;">Non-Independent Director</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">N/A </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">N/A </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Ronald M. Clark<br>
                    <font style="font-weight:Normal;">Independent Director</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$10,000 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$10,000 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Howard E. Woolley<br>
                    <font style="font-weight:Normal;">Independent Director</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$40,000 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$40,000 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:6pt; padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Kevin E. Walker<br>
                    <font style="font-weight:Normal;">Independent Director</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:6pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$50,000 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:6pt;padding-right:4pt;padding-top:1.5pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$50,000 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:3pt;padding-left:4pt; padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:20.77%;">Udo Frank<br>
                    <font style="font-weight:Normal;">Independent Director</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt; padding-right:6pt;padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$75,000 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:3pt;padding-left:6pt;padding-right:4pt; padding-top:1.5pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:39.61%;">$75,000 </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="1" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="z85c4ce9680f043ad85c4593c69eb0b1c">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(1) </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Represents
                    cash compensation provided to our independent directors that is formalized in the Non-Employee Director Compensation Plan for the year ended December 31, 2020. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.64%;">(2) </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.36%;">Mses.
                    Hunt and Herken did not receive any compensation for their services as directors since they are employed by one of our affiliates. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:3.64%;">(3) </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:96.36%;">As employee directors, Messrs. White and Gaumond do not receive any compensation for their service as directors. The compensation Messrs. White and Gaumond received as executive officers of Allianz Life
                    is disclosed in the Summary Compensation Table as set forth herein. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Security Ownership of Certain Beneficial Owners and Management</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We are an indirect wholly owned subsidiary of Allianz SE. Allianz
            SE&#8217;s principal executive offices are located at K&#246;niginstrasse 28, 80802 Munich, Germany. As of March 31, 2021, the directors and executive officers of Allianz Life held less than 1% of Allianz SE&#8217;s ordinary shares issued and outstanding.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Transactions with Related Persons, Promoters and Certain Control
            Persons</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We are a wholly owned subsidiary of AZOA, which is a wholly owned
            subsidiary of Allianz Europe B.V. Allianz Europe B.V. is a wholly owned subsidiary of Allianz SE, our ultimate parent, which is registered in Munich, Germany.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Business and Operational Risks Relevant to the Contract</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">As an insurance company, a number of risks may affect our
            business. However, because the Contract (and any other insurance contract that we offer) is a regulated insurance product, as opposed to an investment in our business, many of the risks that may be relevant to an investor in our business are
            unlikely to be relevant to you. The risks described below are only those business and operational risks that are likely to be relevant to you as a purchaser of the Contract.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Risks Primarily Related to
              Our Financial Strength and Claims-Paying Ability</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We make Annuity Payments and apply Credits for this Contract from
            our general account. We also pay benefits for other insurance contracts from our general account, and our general account is subject to claims by our creditors. Our ability to make payments from our general account is subject to our financial
            strength and claims-paying ability. The following risks relate to circumstances and events that may negatively affect our general account and, in turn, our financial strength and claims-paying ability.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Financial losses may threaten our financial strength and
            claims-paying ability.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">As an Owner of the Contract, you do not share in the profits and
            losses generated by our business. However, if we were to experience significant losses, we might not have sufficient assets in our general account to satisfy all of our financial obligations under the Contract. Circumstances and events that may
            result in financial losses include, but are not necessarily</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;92&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_80"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">limited to, the circumstances and events listed below. We cannot predict what
            specific impact that any of these circumstances or events may ultimately have on our financial strength or claims-paying ability.</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zeb9475e8a0874b76bfdd9ccf0ccdcd47">

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

            </table>
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          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
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          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;93&#160;</div>
        </div>
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      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_81"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
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        <div style="width:100%;" type="Block">
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" id="z2916ea67761145fea1a0bdeff4d2a168">

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                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Payments
                    through Guaranty Associations.<font style="font-style:Normal;"> When an insurance company becomes insolvent, state insurance guaranty associations have the right to assess other insurance companies doing business in their state for
                      funds to pay obligations to policyholders of the insolvent company, up to the state-specified limit of coverage. The future failure of a large life, health or annuity insurer could trigger assessments which we would be obligated to
                      pay. Further, amounts for historical insolvencies may be assessed over many years, and there can be significant uncertainty around the total obligation for a given insolvency.</font> </td>
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                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Ineffectiveness of Risk Management Policies.<font style="font-style:Normal;"> Our risk management policies and procedures intended to identify, monitor and manage economic risks may not be fully
                      effective at mitigating our risk exposure in all market environments or against all types of risk. This could cause us to incur investment losses or cause our hedging and other risk management strategies to be ineffective.</font> </td>
                </tr>

            </table>
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          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">Changes in applicable law may negatively affect our financial
            strength and claims-paying ability.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We are subject to detailed and comprehensive regulation and
            supervision in all the jurisdictions in which we operate. Our operations, products and services are subject to varying state and federal laws. In addition, our operations, products and services are regulated by various regulatory authorities
            and self-regulatory authorities including state insurance departments, state securities administrators, state banking authorities, the Securities and Exchange Commission, the Financial Industry Regulatory Authority, the Internal Revenue
            Service, the Department of Labor, and the U.S. Commodity Futures Trading Commission.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Changes to federal and state laws and regulations may materially
            affect the way in which we conduct our business. We are faced with significant challenges due to the fact that our regulatory environment is evolving rapidly. Federal and state governments, including federal and state regulatory authorities,
            have become increasingly active in the regulation of the businesses in which we engage. In addition, federal and state regulatory authorities are assuming active, and in some cases increasingly aggressive, roles in interpreting and enforcing
            laws and regulations related to our business. We cannot predict the potential effects that any new laws or regulations, changes in existing laws or regulations, or the interpretation or enforcement of laws or regulations may have on our
            business, but such changes may negatively affect our financial strength and claims-paying ability.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Securities and Exchange Commission has recently adopted new
            rules (i) imposing a &#8220;best interest&#8221; standard of care on broker-dealers making recommendations to their customers and (ii) requiring broker-dealers and investment advisers to provide a written summary of the relationship between a broker-dealer
            or investment adviser, as applicable, and its customer. These new rules became effective on June 30, 2020. It remains unclear whether or to what extent these rules could ultimately affect broker-dealers&#8217; willingness to recommend our registered
            annuity products. These rules could increase, and to some extent have increased, our overall compliance costs and could also increase our exposure to legal claims in certain circumstances, including an increased risk of regulatory enforcement
            actions or potentially private claims.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Various states have also adopted laws raising the standard of
            care owed by broker-dealers, investment advisers, or insurance agents to their customers. For example, several states have adopted the National Association of Insurance Commissioners (&#8220;NAIC&#8221;) has been working towards the adoption of revisions
            to the NAIC&#8217;s revised Suitability in Annuity Transactions Model Regulation, which imposes a requirement that any recommendation of an annuity product be in the consumer&#8217;s best interest. Some states have adopted laws that differ from the NAIC&#8217;s
            Suitability in Annuity Transactions Model Regulation but impose similar obligations. As changes are adopted by our state regulator(s) and made applicable to us or the third-party firms that distribute our products, they could have an adverse
            impact on our business. In states that have adopted these increased standards with respect to annuity recommendations, this may lead to an increased risk of regulatory enforcement actions or potentially private claims.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Our reserves could be inadequate due to differences between our
            actual experience and management&#8217;s estimates and assumptions.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We establish and carry reserves to pay future benefits and claims
            of policyholders. Our reserve are calculated based on a number of estimates and assumptions, including estimates and assumptions related to future mortality, morbidity, interest rates, future equity performance, reinvestment rates, persistency,
            claims experience, and policyholder elections (i.e., the exercise or non-exercise of policy benefits). The assumptions and estimates used in connection with the reserve estimation process are inherently uncertain, involve the exercise of
            significant judgment and reflect evolving information. For example, the current rates of mortality and morbidity may continue to improve in the future due to medical and technological advancements that result in policyholders living longer than
            anticipated. We periodically review the adequacy of reserves and the underlying assumptions and make adjustments when appropriate. We cannot, however, determine with precision the amounts that we will pay for, or the timing of payment of,
            actual benefits and claims or</div>
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          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;94&#160;</div>
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      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_82"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
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          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">whether the assets supporting the policy liabilities will grow to the level
            assumed prior to payment of benefits or claims. If actual results differ significantly from our estimates and assumptions, our claim costs could increase significantly and our reserves could be inadequate. If so, we will be required to increase
            reserves or accelerate amortization of deferred acquisition costs. However, we cannot be certain that our reserves will ultimately be sufficient to pay future benefits and claims of policyholders.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The amount of statutory capital that we must hold to meet our
            statutory capital requirements can vary significantly from time to time.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Statutory accounting standards and capital and reserve
            requirements are prescribed by the applicable state insurance regulators and the NAIC. State insurance regulators have established regulations that govern reserving requirements and provide minimum capitalization requirements based on
            risk-based capital (&#8220;RBC&#8221;) ratios for life insurance companies. In any particular year, statutory surplus amounts and RBC ratios may increase or decrease depending on a variety of factors, including but not limited to, the amount of statutory
            income or losses that we generate, changes in reserves, the amount of additional capital that we must hold to support business growth, changes in equity market levels, the value of certain fixed-income and equity securities in our investment
            portfolio, changes in interest rates, and changes to existing RBC formulas. Additionally, state insurance regulators have significant leeway in interpreting existing regulations, which could further impact the amount of statutory capital or
            reserves that we must maintain. There can be no assurance that we will be able to maintain our current RBC ratio in the future or that our RBC ratio will not fall to a level that could have a material adverse effect on our business. If we are
            unable to maintain minimum capitalization requirements, our business may be subject to significant increases in supervision and control by state insurance regulators.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Litigation and regulatory proceedings may negatively affect our
            financial strength and claims-paying ability.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We have been named as defendants in lawsuits (both class actions
            and individual lawsuits) and have been involved in various regulatory investigations and examinations, and we may be involved in more in the future. These actions arise in various contexts, including in connection with our activities as an
            insurer, securities issuer, employer, investor, and taxpayer. Lawsuits and regulatory proceedings may involve significant amounts of damages (including punitive damages) or fines that we must pay, and certain regulatory authorities involved in
            regulatory proceedings have substantial power over our business operations. An adverse outcome in any lawsuit or regulatory proceeding that results in significant financial losses or operational burdens may negatively affect our financial
            strength and claims-paying ability.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Reinsurance may not be available or affordable, or may not be
            adequate to protect against harm to our financial strength and claims-paying ability.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">As part of our overall risk management strategy, we purchase
            reinsurance for certain risks underwritten by our various business segments. While reinsurance agreements generally bind the reinsurer for the life of the business reinsured at generally fixed pricing, market conditions beyond our control can
            determine the availability and cost of the reinsurance protection for new business. If we are unable to purchase the desired amount of reinsurance protection on acceptable terms, our risk of loss may increase. As our risk of loss increases, so
            does the risk that we may not be able to meet our financial obligations.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Our hedging programs may be inadequate to protect against harm to
            our financial strength and claims-paying ability.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Certain types of insurance and investment products that we offer
            expose us to risks associated with fluctuations in financial markets. Although we use hedging techniques to manage risks associated with our insurance guarantees, increased volatility in the financial markets and unanticipated policyholder
            behavior may increase the cost of these hedges and/or negatively affect our ability to hedge certain risks. We may lose money on the derivatives that we hold as part of our hedging programs or otherwise. Ultimately, our hedging programs may be
            inadequate to protect us against the full extent of the exposure or losses we seek to mitigate, which in turn may negatively impact our financial strength and claims-paying ability.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Downgrades and potential downgrades to our claims-paying and
            financial strength ratings may signal a higher risk that we may be unable to meet our financial obligations, and may themselves negatively affect our financial strength and claims-paying ability.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Our claims-paying and financial strength ratings, which various
            ratings organizations publish as measures of an insurance company's ability to meet policyholder obligations, are important to maintaining public confidence in Allianz Life and our products, and the ability to market our products and services.
            A downgrade or an announced potential downgrade in our claims-paying and financial strength ratings may reflect an increased risk that we may not be able to meet our financial</div>
        </div>
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          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;95&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_83"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">obligations. Any such downgrade or potential downgrade may itself harm our
            financial strength and claims-paying ability by causing financial losses to our business. Such losses may be the result of:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zb555fd61a1574405af5c46767210ba98">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">reductions
                    in new sales of insurance products, annuities and other investment products; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">increases
                    in our cost of capital or limitations on our access to sources of capital; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">harm to
                    our relationships with distributors and sales specialists; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">material
                    increases in the number or amount of surrenders and withdrawals under our insurance products; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">pressure
                    on us to reduce prices or increase crediting rates for many of our insurance products; and </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">harm to our ability to obtain reinsurance or obtain reasonable pricing for reinsurance. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Similarly, downgrades or announced potential downgrades in the
            financial strength ratings of the financial institutions with which we do business may adversely impact our business operations and may cause financial losses to our business.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Risks Primarily Related to
              Our Business Operations</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Breaches of security, or interference with our technology
            infrastructure, could harm our business.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Our business relies on technology systems and networks, including
            systems and networks managed by third parties to process, transmit and store information, and to conduct business activities and transactions with clients, distributors, vendors, and other third parties. We are also subject to certain federal
            and state regulations that require us to establish and maintain policies and procedures designed to protect sensitive client information. Maintaining the integrity of our systems is critical to the success of our business operations, including
            the retention of clients, and to the protection of our clients&#8217; personal information. To date, we have not identified any material breaches or interference with our systems and networks; however, we routinely encounter and address such threats,
            including an increasing frequency of phishing scams, introductions of malware and unauthorized payment requests. Any such breaches or interference by third parties or by our employees that may in the future occur could have a material adverse
            impact on our business operations and our financial condition.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We have implemented and maintain security measures designed to
            protect against breaches of security and other interference with systems and networks resulting from attacks by third parties, including hackers, and from employee error or malfeasance. We also require third party vendors who, in the provision
            of services to us, are provided with or process information pertaining to our business or our clients to meet certain information security standards. Changes in our technology platforms, such as an evolution to accommodate mobile computing, may
            also require corresponding changes in our systems, networks and data security measures. In addition, the increasing reliance on technology systems and networks and the occurrence and potential adverse impact of attacks on such systems and
            networks, both generally and in the financial services industry, have enhanced government and regulatory scrutiny of the measures taken by companies to protect against cyber-security threats. As these threats, and government and regulatory
            oversight of associated risks, continue to evolve, we may be required to expend additional resources to enhance or expand upon the security measures we currently maintain.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Despite the measures we have taken and may in the future take to
            address and mitigate these risks, we cannot ensure that our systems and networks will not be subject to breaches or interference. Any such event may result in operational disruptions as well as unauthorized access to or the disclosure or loss
            of our proprietary information or our clients&#8217; personal information, which in turn may result in legal claims, regulatory scrutiny and liability, reputational damage, the incurrence of costs to eliminate or mitigate further exposure, the loss
            of clients or other damage to our business. Any such event may interfere with, impede or cause delays in our calculation of values, processing of transactions and making of payments under the Contract. In addition, the trend toward broad
            consumer and general public notification of such incidents could exacerbate the harm to our business operations and our financial condition. Even if we successfully protected our technology infrastructure and the confidentiality of sensitive
            data, we may incur significant expenses in responding to any such attacks as well as the adoption and maintenance of appropriate security measures. We could also suffer harm to our business and reputation if attempted security breaches are
            publicized. We cannot be certain that advances in criminal capabilities, discovery of new vulnerabilities, attempts to exploit vulnerabilities in our systems, data thefts, physical system or network break-ins or inappropriate access, or other
            developments will not compromise or breach the technology or other security measures protecting our networks and systems used in connection with our products and services.</div>
        </div>
        <div style="margin-top:28pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;96&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_84"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The failure to protect our clients&#8217; confidential information and
            privacy could adversely affect our business.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">A number of our businesses are subject to privacy regulations and
            confidentiality obligations, including the Gramm-Leach-Bliley Act and state privacy laws and regulations. We also have contractual obligations to protect certain confidential information we obtain from our existing vendors and clients. These
            obligations generally include protecting such confidential information in the same manner and to the same extent as we protect our own confidential information. The actions we take to protect confidential information vary by business segment
            and may include, among other things:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z6a947d5744c0476eb2ea0d0edc93ddf7">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">training
                    and educating our employees regarding our obligations relating to confidential information; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">monitoring
                    changes in state or federal privacy and compliance requirements; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">drafting
                    appropriate contractual provisions into any contract that raises proprietary and confidentiality issues; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">maintaining
                    secure storage facilities for tangible records; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">limiting
                    access to electronic information; and </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">in the event of a security breach, providing credit monitoring or other services to affected customers. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">In addition, we must develop, implement and maintain a
            comprehensive written information security program with appropriate administrative, technical and physical safeguards to protect such confidential information. If we do not properly comply with privacy regulations and protect confidential
            information, we could experience adverse consequences, including regulatory sanctions, such as penalties, fines and loss of license, as well as loss of reputation and possible litigation. This could have an adverse impact on our Company&#8217;s
            reputation and business results.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Protection from system interruptions and operating errors is
            important to our business. If we were to experience a sustained interruption to our telecommunications or data processing systems or other failure in operational execution could harm our business operations and our business results.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Operating errors and system or network interruptions could delay
            and disrupt our ability to develop, deliver or maintain our products and services, causing harm to our business and reputation and resulting in loss of customers or revenue. Operating errors and system or network interruptions may also
            interfere with, impede or cause delays in our calculation of values, processing of transactions and making of payments under the Contract. Interruptions could be caused by operational failures arising from employee error or malfeasance,
            interference by third parties (including hackers and other cyber-attacks), implementation of new technology, and maintenance of existing technology. Our financial, accounting, data processing or other operating systems and facilities may fail
            to operate or report data properly, experience connectivity disruptions or otherwise become disabled as a result of events that are wholly or partially beyond our control, adversely affecting our ability to process transactions or provide
            products and services to customers. The cause of these interruptions can include fires, floods, earthquakes and other natural disasters, power losses, equipment failures, attacks by third parties, failures of internal or vendor software or
            systems and other events beyond our control.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">In addition, we rely on third party service providers and vendors
            for certain communications, technology and business functions and face the risk of operational failure (including, without limitation, failure caused by an inaccuracy, untimeliness or other deficiency in data reporting), termination or capacity
            constraints of any of the clearing agents, exchanges, clearing houses or other third party service providers that we use to facilitate or are component providers to our transactions and other product manufacturing and distribution activities.
            These risks are heightened by the evolution in the financial markets of increasingly sophisticated products, by business-driven hedging, by compliance issues and by other risk management or investment or by financial management strategies. Any
            such failure, termination or constraint could adversely impact our ability to implement transactions, service our clients, manage our exposure to risk or otherwise achieve desired outcomes.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The occurrence of natural or man-made disasters and catastrophes
            could adversely affect our business operations and our business results.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The occurrence of natural or man-made disasters and catastrophes,
            including acts of terrorism, public health crises (e.g. COVID-19), industrial accident, blackout, cyber-attack, computer virus, insider threat, insurrections and military actions, unanticipated problems with our disaster recovery systems, or a
            support failure from external providers, could adversely affect our business operations and our business results, particularly if those events affect our computer-based data processing, transmission, storage, and retrieval systems or destroy
            data. Such disasters and catastrophes may damage our facilities, preventing our employees from performing their roles or otherwise disturbing our ordinary business operations, and by impacting claims. Such disasters and catastrophes may also
            impact us indirectly by changing the condition and behaviors of our customers, business counterparties and regulators, as well as by causing declines or volatility in the economic and financial markets.</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;97&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_85"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Inadequate or failed processes or systems, human factors or
            external events may adversely affect our profitability, reputation or operational effectiveness.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Operational risk is inherent in our business and can manifest
            itself in various ways, including business interruption, poor vendor performance, information systems malfunctions or failures, regulatory breaches, human errors, employee misconduct, and external fraud. These events can potentially result in
            financial loss, harm to our reputation and/or hinder our operational effectiveness. Management attempts to control these risks and keep operational risk at low levels by maintaining a sound and well controlled environment in light of the
            characteristics of our business, markets and regulatory environment in which we operate. Notwithstanding these measures, operational risk is part of the business environment in which we operate, and we may experience operational disruptions and
            incur losses from time to time due to these types or risks.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;"><font style="text-decoration:underline;">Risks</font><font style="text-decoration:underline;"> Related</font><font style="text-decoration:underline;"> to</font><font style="text-decoration:underline;"> the COVID-19 Pandemic</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We continue to closely monitor developments related to the
            COVID-19 pandemic and its impact on our business and operations. The economic conditions and uncertainties during the pandemic have at times negatively impacted our net income, surplus, and capital and liquidity positions. To date, however, we
            do not believe that these economic conditions and uncertainties have negatively impacted our overall financial strength and claims-paying ability in a significant manner. Nor do we believe that our administration of the Contract and our other
            insurance contracts has been disrupted in a significant manner, even as many of our employees and the employees of our third-party service providers continue to work remotely.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The extent to which the pandemic will impact our business and
            operations in the future will depend on future developments, which are highly uncertain and cannot be predicted, including the scope and duration of the pandemic and actions taken by governmental authorities and other third parties in response
            to the pandemic. The pandemic could have a material adverse effect on our financial condition and operations.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The pandemic-related risks that we face include (but are not
            necessarily limited to) the following:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:3pt;width:100%;" id="z331748f76b554c758caa163b68735a74">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Economic
                    conditions and uncertainties may negatively impact the value, cash flow, and liquidity of our general account investments due to, <font style="font-style:italic;">e.g.</font>, market volatility, reduced liquidity, changes in interest
                    rates, economic shutdowns or slowdowns, government regulations, and counterparty defaults. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Voluntary
                    or government mandated hardship assistance that we provide to our customers in the form of, <font style="font-style:italic;">e.g.</font>, grace periods for failure to make timely payments, may reduce our net income and surplus. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Reductions
                    in new sales of our financial products or reductions in fees collected by us, or increases in surrenders, cancellations, or defaults with respect to our customers&#8217; existing financial products, as a result of economic conditions and
                    uncertainties may reduce our net income and surplus. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Economic
                    conditions and uncertainties may limit our access to sources of capital and our ability to obtain reinsurance. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Voluntary and government mandated pandemic mitigation<font style="font-style:italic;"> </font>efforts, such as prolonged remote working arrangements and economic shutdowns, and employees&#8217; ability or
                    willingness to fulfill their responsibilities during the pandemic, may disrupt our ability to administer our insurance contracts (including our ability to timely process applications, transactions, and payments and to calculate values)
                    and may disrupt the services provided by third-parties upon which we rely to administer our insurance contracts. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 9pt; text-decoration: none; text-transform: none;">In addition to the risks listed above, to the extent that the
            pandemic impacts our business and operations, it may also have the effect of heightening the other risks described in this section of the prospectus.</div>
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">14.<font style="text-transform:uppercase;">&#160;&#160;Financial

              Statements</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The statutory financial statements of Allianz Life Insurance
            Company of North America as of December 31, 2020 and 2019 and for each of the three years in the period ended December 31, 2020 included in Appendix I of this prospectus have been so included in reliance on the report of PricewaterhouseCoopers
            LLP, an independent registered public accounting firm, given on the authority of said firm as experts in auditing and accounting.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The financial statements of the subaccounts of Allianz Life
            Variable Account B of Allianz Life Insurance Company of North America (&#8220;Variable Account B&#8221;) as of December 31, 2020 and 2019 and for each of the two years in the period ended December 31, 2020 included in Appendix B of the SAI, which is
            incorporated in this prospectus by reference to Post-Effective Amendment No. 5 to Variable Account B&#8217;s Form N-4 filed with the SEC (File No. 333-222815), have been</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;98&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_2c47ec84-09e9-4cdd-a02d-24ed94d9d017_86"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; text-decoration: none; text-transform: none;">so included in reliance on the report of PricewaterhouseCoopers LLP, an
            independent registered public accounting firm, given on the authority of said firm as experts in auditing and accounting.</div>
        </div>
        <div style="margin-top:655pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;99&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_db483ea8-faac-4917-80f3-91ad69968a6e_1"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">15.<font style="text-transform:uppercase;">&#160;&#160;Privacy
              Notice</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life Insurance Company of North America<br>
            PO Box 1344<br>
            Minneapolis, MN 55440-1344<br>
            800.328.5600</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Your privacy is a high priority for Allianz Life Insurance
            Company of North America (Allianz) (&#8220;we&#8221; or &#8220;our&#8221;). This Privacy Notice outlines our principles for collecting, using and protecting information that we maintain about you. This Privacy Notice is also displayed on our website at
            www.allianzlife.com.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Information about you that Allianz collects</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We collect information about you so that we can process the
            insurance transactions you request and administer or service your policy. We also collect information to inform you of new products and services and to engage in studies or research relating to our business. We limit the information collected
            to what is needed for our business purposes. We may collect your information from the following sources.</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z1e620bff048c46d9bfce0e57e0c391dc">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">Information about you that Allianz shares</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We do not share information about current or former customers
            with anyone, except as allowed by law. &#8220;Allowed by law&#8221; means that we may share the information we collect about you as follows.</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z2a82437bea594094825395c0c405330a">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: none;">Allianz does not sell your information to anyone</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We do not sell your information to anyone for their own marketing
            purposes. For this reason, we are not required to obtain your &#8220;opt in election,&#8221; &#8220;opt out election,&#8221; or authorization.</div>
        </div>
        <div style="margin-top:20pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;100&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_db483ea8-faac-4917-80f3-91ad69968a6e_2"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz policies and practices regarding security of your information</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">We limit access to your information to those employees,
            affiliates, and service providers who need it for our business purposes. We protect your information using safeguards that comply with applicable federal and state law. This includes measures that are administrative, physical, and technical in
            nature. We use reasonable measures to secure our websites and protect the information that may be shared over these sites.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Your ability to access and correct your information</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You have the right to access and obtain a copy of your
            information. This does not include the right to access and copy your information related to a claim or civil or criminal proceeding. You may also write to us and ask about disclosure(s) of your information made within the last two (2) years. If
            you wish to review your information, please write us at:</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life Insurance Company of North America<br>
            Attn: Privacy Office<br>
            PO Box 1344<br>
            Minneapolis, MN 55440-1344</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Please provide your full name, address, and policy number(s) in
            your written request. For your protection, please have your request notarized. We reserve the right to ask for additional verification of your identity.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Within 30 working days of our receipt of your written request,
            you may see and get a copy of your information in person. If you prefer, we will send you a copy of your information. If medical information is contained in your file, we may request that you name a medical professional to whom we will send
            your information.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you believe any of your information is incorrect, you may
            write to us at the address above. Within 30 working days, we will let you know if our review has resulted in a correction of your information. If we do not agree there is an error, you may file a statement disputing our finding. We will attach
            the statement to your file. We will send any corrections we make, or your statement, to anyone we shared your information with over the past two years, and to anyone who may receive your information from us in the future. We do not control the
            information about you obtained from a consumer reporting agency or a Department of Motor Vehicles. We will provide you with the names and addresses of these agencies so you can contact them directly.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Notification of change</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Your trust is one of our most important assets. If we revise our
            privacy practices in the future, we will notify you prior to implementing any changes.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">For more information or if you have questions</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you have any questions or concerns about our privacy
            practices, please call the Corporate Compliance Privacy Office at 800.328.5600, contact us via the secured website, or write us at:</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz Life Insurance Company of North America<br>
            Attn: Privacy Office<br>
            PO Box 1344<br>
            Minneapolis, MN 55440-1344</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">This Privacy Notice is being provided on behalf of the following
            companies:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zee07723a74934a85a5c828cd9c53fb95">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">Allianz
                    Life Insurance Company of North America </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Allianz Life Financial Services, LLC </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">M40018 (R-08/2020)</div>
        </div>
        <div style="margin-top:120pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
        <div style="margin-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;101&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_8ce1a8ef-38f0-4e9b-9c84-8b467ae5a764_1"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: lowercase;">16.<font style="text-transform:uppercase;">&#160;&#160;Table of
              Contents of the Form N-4 SAI</font></div>
        </div>
        <div style="float:left;overflow:hidden;position:relative;width:48.40%;" type="Block">
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" id="zac39b60cc1e64b08a873eb97def218d5">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-right:3pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Allianz Life as Custodian</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:bottom;white-space:nowrap;width:6.35%;">3 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Legal Opinions</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">3 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:94.91%;">
                    <div style="float:left;">Distributor</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">3 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Administrative Service Fees</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">3 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Federal Tax Status</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">4 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Annuity Contracts in General</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">4 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Taxation of Annuities in General</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">4 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Qualified Contracts</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">4 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Purchasing a Qualified Contract</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">6 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Distributions-Qualified Contracts</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">6 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Distributions-Non-Qualified Contracts</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">8 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Required Distributions</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">8 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:94.91%;">
                    <div style="float:left;">Diversification</div>
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                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">9 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Owner Control</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">9 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Contracts Owned by Non-Individuals</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">9 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Annuity Purchases by Nonresident Aliens and Foreign Corporations</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:bottom;white-space:nowrap;width:6.35%;">9 </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="float:right;overflow:hidden;position:relative;width:48.40%;" type="Block">
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" id="zac1fe7359bfc4f55a3c5372a849c792c">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Income Tax Withholding</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:bottom;white-space:nowrap;width:6.35%;">9 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Multiple Contracts</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">10 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Partial 1035 Exchanges</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">10 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Assignments, Pledges and Gratuitous Transfers</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">10 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Death Benefits</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">10 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Spousal Continuation and the Federal Defense of Marriage Act (DOMA)</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">10 </td>
                </tr>
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                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Federal Estate Taxes</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">11 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Generation-Skipping Transfer Tax</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">11 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Foreign Tax Credits</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">11 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Possible Tax Law Changes</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">11 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Annuity Payments</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">11 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:20pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Annuity Payment Options</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">11 </td>
                </tr>
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                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-right:3pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Appendix A &#8211; Death of the Owner and/or Annuitant</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.35%;">13 </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-left:0pt;padding-right:3pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:94.91%;">
                    <div style="float:left;">Appendix B &#8211; Allianz Life Variable Account B Financial Statements</div>
                    <hr noshade="noshade" style="background-color:transparent;border-bottom:dotted medium Black;border-left:transparent;border-right:transparent;border-top:transparent;margin-bottom:-5pt;margin-top:5pt;padding-top:3pt;vertical-align:auto;">
                  </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-left:3pt;padding-top:1.5pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:bottom;white-space:nowrap;width:6.35%;">16 </td>
                </tr>

            </table>
          </div>
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          <div style="clear:both;padding-top:424pt;width:100%;" type="Block">
            <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
            <div style="clear: both; color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">&#8211;</div>
          </div>
        </div>
        <div style="padding-top:4pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;102&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_48fa12a6-86d2-42aa-b677-99021b93aa48_1"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;">Appendix A &#8211; Available Indexes</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">S&amp;P 500<sup style="font-style: Normal; text-transform: uppercase; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index is comprised of 500 stocks representing major U.S. industrial sectors.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">S&amp;P<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> is a registered trademark of Standard &amp; Poor&#8217;s Financial Services LLC (&#8220;S&amp;P&#8221;). This trademark has been licensed for use by S&amp;P Dow Jones
            Indices LLC. S&amp;P marks are trademarks of S&amp;P. These trademarks have been sublicensed for certain purposes by Allianz Life Insurance Company of North America (&#8220;Allianz&#8221;). The S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index (&#8220;the Index&#8221;) is a product of S&amp;P Dow Jones Indices LLC and/or its affiliates and have been licensed for use by Allianz.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Allianz products are not sponsored, endorsed, sold, or promoted
            by S&amp;P Dow Jones Indices LLC, Dow Jones, S&amp;P, or any of their respective affiliates (collectively, &#8220;S&amp;P Dow Jones Indices&#8221;). S&amp;P Dow Jones Indices make no representation or warranty, express or implied, to the owners of the
            Allianz products or any member of the public regarding the advisability of investments generally or in Allianz products particularly or the ability of the Index and Average to track general market performance. S&amp;P Dow Jones Indices&#8217; only
            relationship to Allianz with respect to the Index and Average is the licensing of the Index and Average and certain trademarks, service marks, and/or trade names of S&amp;P Dow Jones Indices and/or its third-party licensors. The Index and
            Average are determined, composed, and calculated by S&amp;P Dow Jones Indices without regard to Allianz or the products. S&amp;P Dow Jones Indices have no obligation to take the needs of Allianz or the owners of the products into consideration
            in determining, composing, or calculating the Index and Average. S&amp;P Dow Jones Indices are not responsible for and have not participated in the design, development, pricing, and operation of the products, including the calculation of any
            interest payments or any other values credited to the products. S&amp;P Dow Jones Indices have no obligation or liability in connection with the administration, marketing, or trading of products. There is no assurance that investment products
            based on the Index and Average will accurately track index performance or provide positive investment returns. S&amp;P Dow Jones Indices LLC and its subsidiaries are not investment advisors. Inclusion of a security or futures contract within an
            index is not a recommendation by S&amp;P Dow Jones Indices to buy, sell, or hold such security or futures contract, nor is it considered to be investment advice. Notwithstanding the foregoing, CME Group Inc. and its affiliates may independently
            issue and/or sponsor financial products unrelated to products currently being issued by Allianz, but which may be similar to and competitive with Allianz products. In addition, CME Group Inc., an indirect minority owner of S&amp;P Dow Jones
            Indices LLC, and its affiliates may trade financial products which are linked to the performance of the Index and Average. It is possible that this trading activity will affect the value of the products.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">S&amp;P DOW JONES INDICES DO NOT GUARANTEE THE ADEQUACY,
            ACCURACY, TIMELINESS, AND/OR THE COMPLETENESS OF THE INDEX AND AVERAGE OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO.
            S&amp;P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&amp;P DOW JONES INDICES MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIM ALL WARRANTIES, OF MERCHANTABILITY
            OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY ALLIANZ, OWNERS OF THE PRODUCTS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX AND AVERAGE OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY
            OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&amp;P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME, OR GOODWILL,
            EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD-PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&amp;P DOW JONES INDICES AND ALLIANZ
            OTHER THAN THE LICENSORS OF S&amp;P DOW JONES INDICES.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Russell 2000<sup style="font-style: Normal; text-transform: uppercase; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index is an equity index that measures the performance of the 2,000 smallest companies in the Russell 3000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index, which is made up of 3,000 of the biggest U.S. stocks. The Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index is constructed to provide a comprehensive and unbiased small-cap barometer and is completely reconstituted annually to ensure larger stocks do
            not affect the performance and characteristics of the true small-cap index.</div>
        </div>
        <div style="margin-top:19pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix A</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;103&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_48fa12a6-86d2-42aa-b677-99021b93aa48_2"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index (the &#8220;Index&#8221;) is a trademark of Frank Russell Company (&#8220;Russell&#8221;) and has been licensed for use by Allianz Life Insurance Company of North
            America (&#8220;Allianz&#8221;). Allianz products are not in any way sponsored, endorsed, sold or promoted by Russell or the London Stock Exchange Group companies (&#8220;LSEG&#8221;) (together the &#8220;Licensor Parties&#8221;) and none of the Licensor Parties make any claim,
            prediction, warranty or representation whatsoever, expressly or impliedly, either as to (i) the results to be obtained from the use of the Index (upon which the Allianz product is based), (ii) the figure at which the Index is said to stand at
            any particular time on any particular day or otherwise, or (iii) the suitability of the Index for the purpose to which it is being put in connection with the Allianz product. None of the Licensor Parties have provided or will provide any
            financial or investment advice or recommendation in relation to the Index to Allianz or to its clients. The Index is calculated by Russell or its agent. None of the Licensor Parties shall be (a) liable (whether in negligence or otherwise) to
            any person for any error in the Index or (b) under any obligation to advise any person of any error therein.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Nasdaq-100<sup style="font-style: Normal; text-transform: uppercase; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The NASDAQ-100 Index<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> includes 100 of the largest domestic and international non-financial securities listed on The NASDAQ Stock Market<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> based on market capitalization.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Product(s) is not sponsored, endorsed, sold or promoted by
            Nasdaq, Inc. or its affiliates (Nasdaq, with its affiliates, are referred to as the &#8220;Corporations&#8221;). The Corporations have not passed on the legality or suitability of, or the accuracy or adequacy of descriptions and disclosures relating to,
            the Product(s). The Corporations make no representation or warranty, express or implied to the owners of the Product(s) or any member of the public regarding the advisability of investing in securities generally or in the Product(s)
            particularly, or the ability of the Nasdaq-100 Index<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> to track general stock market performance. The Corporations' only relationship to Allianz Life
            Insurance Company of North America (&#8220;Licensee&#8221;) is in the licensing of the NASDAQ<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>, and Nasdaq-100 Index<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> registered trademarks, and certain trade names of the Corporations and the use of the Nasdaq-100 Index<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> which is determined, composed and calculated by NASDAQ without regard to Licensee or the Product(s). Nasdaq has no obligation to take the needs of
            the Licensee or the owners of the Product(s) into consideration in determining, composing or calculating the Nasdaq-100 Index<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>. The Corporations are
            not responsible for and have not participated in the determination of the timing of, prices of, or quantities of the Product(s) to be issued or in the determination or calculation of the equation by which the Product(s) is to be converted into
            cash. The Corporations have no liability in connection with the administration, marketing or trading of the Product(s).</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">THE CORPORATIONS DO NOT GUARANTEE THE ACCURACY AND/OR
            UNINTERRUPTED CALCULATION OF THE NASDAQ-100 INDEX<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> OR ANY DATA INCLUDED THEREIN. THE CORPORATIONS MAKE NO WARRANTY, EXPRESS OR IMPLIED, AS TO
            RESULTS TO BE OBTAINED BY LICENSEE, OWNERS OF THE PRODUCT(S), OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE NASDAQ-100 INDEX<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> OR ANY DATA
            INCLUDED THEREIN. THE CORPORATIONS MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE NASDAQ-100 INDEX<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL THE CORPORATIONS HAVE ANY LIABILITY FOR ANY LOST PROFITS OR
            SPECIAL, INCIDENTAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES, EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">EURO STOXX 50<sup style="font-style: Normal; text-transform: uppercase; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>, Europe's leading blue-chip index for the Eurozone, provides a blue-chip representation of supersector leaders in the Eurozone. The index covers 50
            stocks from 11 Eurozone countries: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. STOXX Limited, Deutsche B&#246;rse Group and their licensors, research partners or data providers have no
            relationship to Allianz Life Insurance Company of North America (&#8220;Allianz&#8221;), other than the licensing of the EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> and the related
            trademarks for use in connection with Allianz products.<font style="font-weight:bold;">STOXX, Deutsche B&#246;rse Group and their licensors, research partners or data providers do </font><font style="font-weight:bold;text-decoration:underline;">not</font><font style="font-weight:bold;">:</font></div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z64aa03147b8e403e9b7a84224bd9303c">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">sponsor,
                    endorse, sell or promote Allianz products. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">recommend
                    that any person invest in Allianz products or any other securities. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">have
                    any responsibility or liability for or make any decisions about the timing, amount or pricing of Allianz products. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">have any responsibility or liability for the administration, management or marketing of Allianz products. </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:16pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix A</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;104&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_48fa12a6-86d2-42aa-b677-99021b93aa48_3"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="zab75ad22b1074264ad9cbc0cea111bf8">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">STOXX, Deutsche B&#246;rse Group and their licensors, research partners
            or data providers give no warranty, and exclude any liability (whether in negligence or otherwise), in connection with the Allianz products or their performance.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">STOXX does not assume any contractual relationship with the
            purchasers of Allianz products or any other third parties.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Specifically,</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-top:2pt;width:100%;" id="z8b1b22880dc548adb964b5e89387fd6e">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">STOXX,
                    Deutsche B&#246;rse Group and their licensors, research partners or data providers do not give any warranty, express or implied, and exclude any liability about: </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                    results to be obtained by Allianz products, the owner of Allianz products or any other person in connection with the use of the EURO STOXX 50 and the data included in the EURO STOXX 50; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                    accuracy, timeliness, and completeness of the EURO STOXX 50 and its data; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                    merchantability and the fitness for a particular purpose or use of the EURO STOXX 50 and its data; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">The
                    performance of Allianz products generally. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:97.17%;">STOXX,
                    Deutsche B&#246;rse Group and their licensors, research partners or data providers give no warranty and exclude any liability, for any errors, omissions or interruptions in the EURO STOXX 50 or its data; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:2.83%;">&#8226; </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:0pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:97.17%;">Under no circumstances will STOXX, Deutsche B&#246;rse Group or their licensors, research partners or data providers be liable (whether in negligence or otherwise) for any lost profits or indirect, punitive,
                    special or consequential damages or losses, arising as a result of such errors, omissions or interruptions in the EURO STOXX 50 or its data or generally in relation to Allianz products, even in circumstances where STOXX, Deutsche B&#246;rse
                    Group or their licensors, research partners or data providers are aware that such loss or damage may occur. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The licensing Agreement between Allianz and STOXX is solely for
            their benefit and not for the benefit of the owners of Allianz products or any other third parties.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: lowercase;">i<font style="text-transform:uppercase;">Shares<sup style="font-style: Normal; text-transform: uppercase; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI Emerging Markets ETF</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI Emerging Markets ETF distributed by BlackRock Investments, LLC. iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>, BLACKROCK<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>, and the corresponding logos are
            registered trademarks of BlackRock, Inc. and its affiliates (&#8220;BlackRock&#8221;) and are used under license. These trademarks have been licensed for certain purposes by Allianz Life Insurance Company of North America ("Allianz") and its wholly-owned
            subsidiaries. Products offered by Allianz or its wholly-owned subsidiaries are not sponsored, endorsed, sold or promoted by BlackRock, and purchasers of such products do not acquire any interest in the iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI Emerging Markets ETF nor enter into any relationship of any kind with BlackRock. BlackRock makes no representations or warranties, express or
            implied, to the owners of any products offered by Allianz or its wholly-owned subsidiaries, or any member of the public regarding the advisability of purchasing a product from Allianz or its wholly-owned subsidiaries. BlackRock has no
            obligation or liability for any errors, omissions, interruptions or use of the iShares MSCI Emerging Markets ETF or any data related thereto, or with the operation, marketing, trading or sale of any products or services offered by Allianz.</div>
        </div>
        <div style="margin-top:193pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix A</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;105&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_97a6cf3d-a2e9-45bc-bfd1-a83a6317bdc3_1"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;">Appendix B &#8211; Daily Adjustment</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Generally</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 1pt; text-decoration: none; text-transform: none;">We designed the Daily Adjustment to provide an Index Option
            Value&#160;for each Index Option with the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy on Business Days other than the Term Start Date or the Term End Date. The Daily Adjustment approximates the Index Option Value
            that will be available on the Term End Date. It is the estimated present value of the future Performance Credit that we will apply on the Term End Date. The Daily Adjustment takes into account:</div>
          <div>
            <table cellspacing="0" cellpadding="2" style="border-collapse:collapse;empty-cells:show;margin-left:2.02%;margin-top:2pt;width:97.98%;" id="z52a61d0e89314f4db5d0288ed1f0ec35">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Daily Adjustment formula has two primary components, (i) the
            change in Proxy Value and (ii) accumulated proxy interest, which are added together and then multiplied by the Index Option Base. We designed the Daily Adjustment to estimate the present value of positive or negative Performance Credit that
            will be available on the Term End Date taking into account any applicable Buffer, Floor, Precision Rate, Cap, and/or Participation Rate. You should note that even if your selected Index(es) experience positive growth, the Daily Adjustments may
            be negative because of other market conditions, such as the expected volatility of Index prices and interest rates. Therefore, the Daily Adjustment could result in a loss beyond the protection of the Buffer or Floor. The Daily Adjustment for
            3-year and 6-year Term Index Options may be more negatively impacted by changes&#160;in the expected volatility of Index prices than 1-year Term Index Options due the difference in Term length. Also, the risk of a negative Daily Adjustment is
            greater for 3-year and 6-year&#160;Term Index Options than 1-year Term Index Options because the Buffer is exposed to a longer time period. The impact of the Cap and Buffer on the Daily Adjustment for a 1-year Term Index Option is greater than it is
            for a 3-year or&#160;6-year&#160;Term Index Option because we apply the Cap and Buffer for the entire Term length, and the Term length is shorter for a 1-year Term.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Daily Adjustment Formula</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 1pt; text-decoration: none; text-transform: none;">The formula for the calculation of the Daily Adjustment is as
            follows:</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Daily Adjustment = [(a) change in Proxy Value + (b) proxy
            interest] x Index Option Base</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Where:</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:2.83%;margin-top:2pt;width:97.17%;" id="z6c7c7fec20ad482eac565e4aa9a65a37">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Calculating Change in Proxy Value</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 1pt; text-decoration: none; text-transform: none;">The change in Proxy Value represents the current hypothetical
            value of the Proxy Investment (current Proxy Value), less the cost of the Proxy Investment on the Term Start Date (beginning Proxy Value).</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The current Proxy Value is the Proxy Value calculated on the same
            day as the Daily Adjustment. The beginning Proxy Value is the Proxy Value calculated on the Term Start Date.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Proxy Value is calculated differently for each Crediting
            Method.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">For the <font style="font-style:italic;font-weight:bold;">Index
              Precision Strategy</font>, the Proxy Value involves tracking two hypothetical derivatives and is calculated using the following formula:</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 2pt; padding-left: 2.83%; text-decoration: none; text-transform: none;">[Precision Rate x (at-the-money binary
            call)] &#8211; (out-of-the-money put)</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">With respect to our Proxy Value formula, we designed the
            at-the-money binary call to value the potential for gains equal to the Precision Rate if on the Term End Date, the Index Value is greater than or equal to the Index Value on the Term Start Date, and the out-of-the-money put to value the
            potential for Index losses greater than the Buffer for the Index Precision Strategy. It is important to note that the out-of-the-money put will almost always reduce the Daily Adjustment, even when the current Index price on a Business Day is
            higher than the Index Value on the Term Start Date. This is because the risk that the Index Value could be lower on the Term End Date is present to some extent whether or not the current Index price on a Business Day is lower than the Index
            Value on the Term Start Date.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">For the <font style="font-style:italic;font-weight:bold;">Index
              Guard Strategy</font>, the Proxy Value involves tracking four hypothetical derivatives and is calculated using the following formula:</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 2pt; padding-left: 2.83%; text-decoration: none; text-transform: none;">Proxy Value = (at-the-money call) &#8211;
            (out-of-the-money call) &#8211; (at-the-money put) + (out-of-the-money put)</div>
        </div>
        <div style="margin-top:16pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix B</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;106&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_97a6cf3d-a2e9-45bc-bfd1-a83a6317bdc3_2"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">With respect to our Proxy Value formula, we designed the
            at-the-money call and out-of-the-money call to value the potential for Index gains up to the Cap and the at-the-money put to value the potential for Index losses, but add back the out-of-money put to mimic the protection of the Floor for the
            Index Guard Strategy. It is important to note that the at-the-money put will almost always reduce the Daily Adjustment, even when the current Index price on a Business Day is higher than the Index Value on the Term Start Date. It is also
            important to note that the out-of-money put will almost always reduce, and never exceed, the negative impact of the at-the-money put for the Index Guard Strategy.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">For the <font style="font-style:italic;font-weight:bold;">Index
              Performance Strategy</font>, the Proxy Value involves tracking three hypothetical derivatives and is calculated using the following formula:</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 2pt; padding-left: 2.83%; text-decoration: none; text-transform: none;">Proxy Value = (at-the-money call) &#8211;
            (out-of-the-money call) &#8211; (out-of-the-money put)</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">With respect to our Proxy Value formula, we designed the
            at-the-money call and out-of-the-money call to value the potential for Index gains subject to any applicable Participation Rate up to the Cap, and the out-of-the-money put to value the potential for Index losses greater than the Buffer for the
            Index Performance Strategy. Similar to the Index Precision Strategy, it is important to note that the out-of-the-money put will almost always reduce the Daily Adjustment, even when the current Index price on a Business Day is higher than the
            Index Value on the Term Start Date. This is because the risk that the Index Value could be lower on the Term End Date is present to some extent whether or not the current Index price on a Business Day is lower than the Index Value on the Term
            Start Date. For purposes of the Proxy Value formula the value of the out-of-the-money call will be zero if an Index Option is uncapped.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Calculating Proxy Interest</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 1pt; text-decoration: none; text-transform: none;">The proxy interest is an amount of interest that is earned to
            provide compensation for the cost of the Proxy Investment on the Term Start Date. The proxy interest is approximated by the value of amortizing the cost of the Proxy Investment over the Term to zero. The formula for proxy interest involves the
            calculation of (i) the beginning Proxy Value (the formula for which varies depending on the Crediting Method, as previously discussed) and (ii) the time remaining during a Term. The time remaining during a Term is equal to the number of days
            remaining in the Term divided by the Term length. The Term length is 365 days for a 1-year Term; 1,095 days for a 3-year Term; and 2,190 days for a 6-year Term. The proxy interest may be significantly different from current interest rates
            available on interest bearing investments.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Additional Information</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 1pt; text-decoration: none; text-transform: none;">You can find a more detailed explanation of the calculation of
            the Proxy Value, including examples, in Exhibit 99(b) of the Form S-1 Registration Statement filed with the SEC, of which this prospectus is a part. This Exhibit is incorporated by reference into this prospectus. You can obtain a copy of
            Exhibit 99(b) by calling (800) 624-0197, or visiting our website at www.allianzlife.com.</div>
        </div>
        <div style="margin-top:281pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix B</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;107&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_b98cf309-8f18-4303-b576-b015cbebe118_1"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; padding-left: 25.7334pt; text-decoration: none; text-indent: -25.7334pt; text-transform: uppercase;">Appendix
            C &#8211; Historical Buffers, Floors, and Initial and Renewal DPSCs, Precision Rates, and Caps</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z9515c90b3efe4b3e9c6b2142521331c1">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Arial;font-family:Times New Roman;font-size:11pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:12pt; padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; The iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI Emerging Markets ETF first became available to newly issued Contracts on April 29, 2019, and became available to certain existing
                    Contracts on the first Index Anniversary that occurred on or after August 20, 2019. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; The Index Performance Strategy
                    3-year Term with 20% Buffer Index Options first became available to newly issued Contracts on May 1, 2020, and became available to certain existing Contracts on the first Index Anniversary that occurred on or after November 23, 2020. We
                    stopped offering these Index Options to newly issued Contracts on April 30, 2021. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; The Index Performance Strategy
                    3-year and 6-year Term Index Options with a Participation Rate first became available to newly issued Contracts on April 30, 2021. Therefore, no historical information for these Index Options is included here. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194; For more
                    information, please see Appendix H. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">This information regarding the Buffers, Floors and initial and
            renewal DPSCs, Precision Rates, and Caps is for historical purposes only; it is not a representation as to future Buffers, Floors, DPSCs, Precision Rates, or&#160;Caps. DPSCs, Precision Rates, and Caps may change frequently, and may vary
            substantially based on market conditions.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Index Protection Strategy with DPSC</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Following are the highest and lowest initial and renewal DPSCs
            offered for Index Effective Date periods occurring within each calendar year during August 20, 2018 (the date the Contracts were first issued) through January 4, 2021.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 8/20/2018 &#8211; 1/1/2019</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="z19115f32029f431384406ce3c717b6e7">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.61%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.52%;" colspan="3">iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI
                    Emerging Markets ETF </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">DPSCs </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.76%;">Highest </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial DPSCs </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">4.10% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.40% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.20% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.20% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.40% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">7.10% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">NA </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">NA </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">1st Anniversary Renewal DPSCs </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">4.20% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.20% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.30% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.30% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.20% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.30% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">6.90% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.60% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">5.60% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">2nd Anniversary Renewal DPSCs </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">4.30% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.40% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.10% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.30% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.10% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.70% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">6.70% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.60% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">5.40% </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 1/2/2019 &#8211; 1/6/2020</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="zc4e4394326d449a69544048b9727d1fb">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.61%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.52%;" colspan="3">iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI
                    Emerging Markets ETF </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">DPSCs </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.76%;">Highest </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial DPSCs<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">3.80% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.90% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">3.90% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.90% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">3.80% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.90% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.70% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">7.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">5.80% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">1st Anniversary Renewal DPSCs </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">3.70% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.70% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">3.90% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.70% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.70% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">7.30% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">6.10% </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="z414d5083e33f4845a4e8e8efbe0fb1df">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.24%;">1 </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.76%;">The
                    initial DPSCs for the iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI Emerging Markets ETF are for a partial period of April 29, 2019 through January 6, 2020. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 1/7/2020 &#8211; 1/4/2021</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="z8cd56ed838a94cb995673419fe64750f">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.61%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.52%;" colspan="3">iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI
                    Emerging Markets ETF </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">DPSCs </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.76%;">Highest </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial DPSCs </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">2.30% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">3.80% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">2.40% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">3.80% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">2.30% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">3.70% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">2.40% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">2.40% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">3.90% </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Index Protection Strategy with Cap</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Following are the highest and lowest initial and renewal Caps
            offered for Index Effective Date periods occurring within each calendar during August 20, 2018 (the date the Contracts were first issued) through January 4, 2021.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 8/20/2018 &#8211; 1/1/2019</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="zace1e3231ad046cf9bbf46a44d4354f0">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.61%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.52%;" colspan="3">iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI
                    Emerging Markets ETF </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Caps </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.76%;">Highest </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial Caps </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">4.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">6.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">6.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">6.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">7.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">10.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">NA </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">NA </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">1st Anniversary Renewal Caps </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">4.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">7.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">10.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">5.75% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">2nd Anniversary Renewal Caps </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">4.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">7.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">5.50% </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:18pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix C</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;108&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_b98cf309-8f18-4303-b576-b015cbebe118_2"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; text-decoration: none; text-transform: uppercase;">Index Protection Strategy with Cap<font style="text-transform:none;"> (continued)<br>
            </font></div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 1/2/2019 &#8211; 1/6/2020</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="z39ae74ccbc6c4572beb8a9a5d8a5097c">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.61%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.52%;" colspan="3">iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI
                    Emerging Markets ETF </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Caps </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.76%;">Highest </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial Caps<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">4.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">7.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">6.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">6.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">13.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">6.25% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">1st Anniversary Renewal Caps </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">3.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">6.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">6.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">6.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">11.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">6.75% </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="zef3a498f53614edab69a8cd44ee1f808">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.24%;">1 </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.76%;">The
                    initial Caps for the iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI Emerging Markets ETF are for a partial period of April 29, 2019 through January 6, 2020. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 1/7/2020 &#8211; 1/4/2021</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="za2d2ab71a38741de8788bfa98129a5e8">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.61%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.52%;" colspan="3">iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI
                    Emerging Markets ETF </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Caps </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.76%;">Highest </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial Caps </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">2.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">2.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">2.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">4.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">2.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">5.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">2.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">4.25% </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:497pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix C</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;109&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_b98cf309-8f18-4303-b576-b015cbebe118_3"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Index Precision Strategy</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Following are the highest and lowest initial and renewal
            Precision Rates offered for Index Effective Date periods occurring within each calendar year during August 20, 2018 (the date the Contracts were first issued) through January 4, 2021. During the periods shown below, the Buffer was 10.00% for
            each Index.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 8/20/2018 &#8211; 1/1/2019</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="z12894d9188704751b3e72f4c27fb7818">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.61%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.52%;" colspan="3">iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI
                    Emerging Markets ETF </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:20.59%;">Precision Rates </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.76%;">Highest </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial Precision Rates </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">8.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">10.20% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">8.60% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">11.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">9.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">12.10% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">11.70% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">13.80% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">NA </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">NA </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">1st Anniversary Renewal Precision Rates </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">7.80% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">10.40% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">9.10% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">11.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">8.90% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">11.30% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">11.40% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">13.10% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">10.40% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">12.30% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">2nd Anniversary Renewal Precision Rates </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">11.10% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">13.70% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">12.30% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">15.90% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">12.70% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">15.40% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">11.10% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">14.10% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">11.40% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">14.40% </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 1/2/2019 &#8211; 1/6/2020</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="zb277c2b1d5204f5896545e905a9c914e">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.61%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.52%;" colspan="3">iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI
                    Emerging Markets ETF </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:20.59%;">Precision Rates </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.76%;">Highest </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial Precision Rates<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">8.70% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">11.30% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">9.90% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">11.60% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">9.70% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">13.40% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">11.70% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">14.20% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">10.90% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">12.30% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">1st Anniversary Renewal Precision Rates </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">8.60% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">13.80% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">9.30% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">16.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">9.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">15.40% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">10.80% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">14.20% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">10.20% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">14.50% </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="z3417a432e3804137bf3f0e143516f674">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.24%;">1 </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.76%;">The
                    initial Precision Rates for the iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI Emerging Markets ETF are for a partial period of April 29, 2019 through January 6, 2020. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 1/7/2020 &#8211; 1/4/2021</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="zc592d7bc5f0c4838900227aa733a5ba3">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.61%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.52%;" colspan="3">iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI
                    Emerging Markets ETF </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:20.59%;">Precision Rates </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.76%;">Highest </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial Precision Rates </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">8.60% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">13.80% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">9.30% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">16.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">9.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">15.40% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">10.80% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">14.20% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">10.20% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">14.50% </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Index Guard Strategy</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Following are the highest and lowest initial and renewal Caps
            offered for Index Effective Date periods occurring within each calendar year during August 20, 2018 (the date the Contracts were first issued) through January 4, 2021. During the periods shown below, the Floor was -10.00% for each Index.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 8/20/2018 &#8211; 1/1/2019</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="z5c1685f0abb443d88fa213818f462fae">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.61%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.52%;" colspan="3">iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI
                    Emerging Markets ETF </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Caps </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.76%;">Highest </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial Caps </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">10.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">12.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">10.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">12.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">10.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">12.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">22.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">25.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">NA </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">NA </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">1st Anniversary Renewal Caps </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">11.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">13.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">12.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">14.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">10.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">12.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">24.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">26.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">13.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">16.00% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">2nd Anniversary Renewal Caps </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">9.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">11.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">11.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">11.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">10.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">12.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">18.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">20.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">11.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">12.25% </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 1/2/2019 &#8211; 1/6/2020</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="z76434888ffe24e46abf6c88e651adf51">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.61%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.52%;" colspan="3">iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI
                    Emerging Markets ETF </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Caps </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.76%;">Highest </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial Caps<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">12.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">15.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">12.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">14.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">11.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">13.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">24.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">28.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">14.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">16.75% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">1st Anniversary Renewal Caps </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">9.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">13.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">10.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">12.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">10.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">12.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">18.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">26.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">11.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">14.50% </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="z736fbd4e81894a1fa5d7d50c6f521f30">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.24%;">1 </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.76%;">The
                    initial Caps for the iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI Emerging Markets ETF are for a partial period of April 29, 2019 through January 6, 2020. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 1/7/2020 &#8211; 1/4/2021</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="z31b0eccc9b744c28807418cf7a9f9d8a">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.61%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.52%;" colspan="3">iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI
                    Emerging Markets ETF </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Caps </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.76%;">Highest </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial Caps </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">9.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">13.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">10.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">12.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">10.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">12.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">12.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">26.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">11.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">14.50% </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:20pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix C</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;110&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_b98cf309-8f18-4303-b576-b015cbebe118_4"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Index Performance Strategy 1-year Term</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Following are the highest and lowest initial and renewal Caps
            offered for Index Effective Date periods occurring within each calendar year during August 20, 2018 (the date the Contracts were first issued), through January 4, 2021. During the periods shown below, the Buffer was 10.00% for each Index.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 8/20/2018 &#8211; 1/1/2019</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="z27fb3a4b65294aa1ae93f10bc615be23">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.61%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.52%;" colspan="3">iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI
                    Emerging Markets ETF </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Caps </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.76%;">Highest </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial Caps </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">14.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">16.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">14.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">16.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">14.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">17.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">24.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">27.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">NA </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">NA </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">1st Anniversary Renewal Caps </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">13.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">16.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">14.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">17.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">13.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">16.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">26.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">28.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">16.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">23.00% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">2nd Anniversary Renewal Caps </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">20.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">22.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">21.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">25.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">21.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">26.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">27.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">29.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">20.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">26.00% </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 9pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 1/2/2019 &#8211; 1/6/2020</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="z0ebbb07ee7f04c38a15db113b7af2c3f">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.61%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.52%;" colspan="3">iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI
                    Emerging Markets ETF </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Caps </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.76%;">Highest </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial Caps<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">14.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">17.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">15.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">17.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">14.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">18.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">26.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">29.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">19.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">23.00% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.25pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">1st Anniversary Renewal Caps </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">13.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">22.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">14.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">25.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">13.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">26.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">25.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">29.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">17.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:1.25pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:1.25pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">26.00% </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="z057b779ce2a5472cb5752b6dfa753530">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.24%;">1 </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.76%;">The
                    initial Caps for the iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI Emerging Markets ETF are for a partial period of April 29, 2019 through January 6, 2020. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 1/7/2020 &#8211; 1/4/2021</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:99.39%;" id="zaa965c0f23294e619d15dab0fb2988ad">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Indexes: </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.61%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">Nasdaq-100<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.51%;" colspan="3">EURO STOXX 50<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:15.52%;" colspan="3">iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI
                    Emerging Markets ETF </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:20.59%;">Caps </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.85%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:5.75%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:7.76%;">Highest </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:20.59%;">Initial Caps </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.85%;">13.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">22.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">14.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">25.75% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">13.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">26.25% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">25.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">29.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:5.75%;">17.50% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:7.76%;">26.00% </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Index Performance Strategy 3-year Term with 20% Buffer</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z662c14055978474f916f86e726c98e03">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">The Index Performance Strategy 3-year Term with 20% Buffer Index Options first became available to newly issued Contracts on May 1, 2020, and became available to
                    certain existing Contracts on the first Index Anniversary that occurred on or after November 23, 2020. We stopped offering these Index Options to newly issued Contracts on April 30, 2021. For more information, please see Appendix H. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Following are the highest and lowest initial and renewal Caps
            offered for Index Effective Date periods occurring during May 1, 2020 (the date Index Performance Strategy 3-year Term with 20% Buffer was first available), through January 4, 2021. During the periods shown below the Buffer was 20.00% for each
            Index. A highest Cap of 100% in a period indicates an Index Option was uncapped during that period. If both the highest and lowest Caps are 100% in a period it indicates the Index Option was uncapped during the entire period.&#160;</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 8/20/2018 &#8211; 1/1/2019</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:61.84%;" id="zd5f1126a6db1496581c104418d4b790b">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:34.33%;">Indexes: </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:29.51%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:31.34%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:34.33%;">Caps </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:13.84%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:13.67%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:13.67%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">Highest </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:34.33%;">2nd Anniversary Renewal Caps<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:13.84%;">100.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:13.67%;">100.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:13.67%;">50.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:15.67%;">55.00% </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="z31c13bbd47e942dea66ec87944b39cdf">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.24%;">1 </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.76%;">The 2nd
                    Anniversary Renewal Caps are for a partial period of November 23, 2020 through January 1, 2021. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 1/2/2019 &#8211; 1/6/2020</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:61.84%;" id="z364b1f5fb2a7414c8570ad8919a9b4a1">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:34.33%;">Indexes: </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:29.51%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:31.34%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:34.33%;">Caps </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:13.84%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:13.67%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:13.67%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">Highest </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:34.33%;">1st Anniversary Renewal Caps<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:13.84%;">100.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:13.67%;">100.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:13.67%;">50.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:15.67%;">55.00% </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="z3f67718bb5a745cbb831ec7f750985b8">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.24%;">1 </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.76%;">The 1st
                    Anniversary Renewal Caps are for a partial period of November 23, 2020 through January 6, 2021. </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:67pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix C</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;111&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_b98cf309-8f18-4303-b576-b015cbebe118_5"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; text-decoration: none; text-transform: uppercase;">Index Performance Strategy 3-year Term with 20% Buffer<font style="text-transform:none;"> (continued)<br>
            </font></div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; text-align: center; text-decoration: none; text-transform: none;">Index Effective Dates: 1/7/2020 &#8211; 1/4/2021</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:0pt;width:61.84%;" id="z2878586c8b0e4628961b289fc7a35b5d">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:34.33%;">Indexes: </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:right;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:29.51%;" colspan="3">S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:4pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:31.34%;" colspan="3">Russell 2000<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
                    Index </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:34.33%;">Caps </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:13.84%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:13.67%;">Highest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:2.5pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:13.67%;">Lowest </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:6.5pt;padding-right:4pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:15.67%;">Highest </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:34.33%;">Initial Caps<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:13.84%;">75.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:13.67%;">100.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:2.5pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:13.67%;">50.00% </td>
                  <td style="line-height:0pt;padding-right:2.5pt;padding-top:2pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2.5pt;padding-right:4pt;padding-top:2pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:15.67%;">80.00% </td>
                </tr>

            </table>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-top:9pt;width:100%;" id="z57306153364a4b3099987d315b3fa78d">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:3.24%;">1 </td>
                  <td style="color:#000000;font-family:Times New Roman;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; width:96.76%;">The
                    initial Caps are for a partial period of May 1, 2020 through January 6, 2021. </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:585pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix C</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;112&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_85484f25-c80a-45b6-a8ba-192508cbdedc_1"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;">Appendix D &#8211; Historical Index Option Performance
            Information</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z712c4ebbe5464e3188168228f184cdbc">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Arial;font-family:Times New Roman;font-size:11pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:12pt; padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; The Index Performance Strategy 3-year Term with 20%
                    Buffer using the S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index was not available before May 1, 2020. Therefore, no performance for this Index Option will be included
                    here until after May 1, 2023. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194; The Index
                    Performance Strategy 3-year and 6-year Term Index Options with a Participation Rate using the S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index were not available before
                    April 30, 2021. Therefore, no performance for these 3-year Term Index Options will be included here until after May 1, 2024, and no performance for these 6-year Term Index Options will be included here until after May 1, 2027. For more
                    information, please see Appendix H. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">The following historical information, based on historical
            Buffers, Floors, DPSCs, Precision Rates, and Caps, show how actual movements in the external Index Returns impacted actual Credits. They show the lowest and highest actual annual Index Returns for each time period, and the corresponding Credits
            received for these Index Returns. No single Crediting Method or Index Option consistently delivers the most return under all market conditions. Past performance does not guaranteed future results. This historical information shows the returns
            for Contracts with Index Effective Date periods occurring within the first year that each Crediting Method was available using the S&amp;P 500<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>
            Index.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Index Protection Strategy with DPSC AND the S&amp;P 500<sup style="font-style: Normal; text-transform: uppercase; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:6pt;width:99.60%;" id="z08cfe3fe96d24c96a5a35aa22471624b">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:center;width:22.99%;">Index Effective Date </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">8/20/2018-<br>
                    9/4/2018 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">9/5/2018-<br>
                    10/1/2018 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">10/2/2018-<br>
                    11/5/2018 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">11/6/2018-<br>
                    12/3/2018 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">12/4/2018-<br>
                    1/1/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">1/2/2019-<br>
                    2/4/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.74%;">2/5/2019-<br>
                    3/4/2019 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">Initial DPSC </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.10% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.00% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.00% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.10% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.40% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.60% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.74%;">5.90% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">1st Index Year Index Return </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-0.95% to<br>
                    3.70% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">0.54% to<br>
                    4.18% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-1.23% to<br>
                    14.32% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">9.64% to<br>
                    19.03% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">15.28% to<br>
                    37.10% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">20.04% to<br>
                    32.15% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:10.74%;">6.10% to<br>
                    23.91% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.99%;">1st Index Anniversary Credit </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0% or<br>
                    4.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0% or<br>
                    5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.74%;">5.90% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">1st Anniversary Renewal DPSC </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.20% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.50% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.80% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.00% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.20% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.40% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:4pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:10.74%;">&#160; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">2nd Index Year Index Return </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">14.38% to<br>
                    21.47% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">9.12% to<br>
                    15.15% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">7.54% to<br>
                    20.29% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">14.06% to<br>
                    18.54% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">14.29% to<br>
                    18.84% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">13.17% to<br>
                    18.86% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:4pt;padding-top:1pt;text-align:center;vertical-align:top;width:10.74%;">&#160; </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.99%;">2nd Index Anniversary Credit </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:4pt;padding-top:1pt;text-align:center;vertical-align:top;width:10.74%;">&#160; </td>
                </tr>

            </table>
          </div>
          <div style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:center;text-decoration:none;text-transform:none;">&#160;&#160;&#160;&#160;</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:6pt;width:90.09%;" id="z0638af3d72b84882b86ec38014b7c152">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:center;width:25.64%;">Index Effective Date </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">3/5/2019-<br>
                    4/1/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">4/2/2019-<br>
                    5/6/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">5/7/2019-<br>
                    6/3/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">6/4/2019-<br>
                    7/1/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">7/2/2019-<br>
                    8/5/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.95%;">8/6/2019-<br>
                    9/3/2019 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">Initial DPSC </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">5.60% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">5.50% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">5.40% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">5.20% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">4.90% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.95%;">4.70% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">1st Index Year Index Return </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">-21.63% to<br>
                    8.40% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">-13.39% to<br>
                    -0.89% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">-0.10% to<br>
                    13.79% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">3.27% to<br>
                    13.68% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">4.48% to<br>
                    16.98% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.95%;">14.38% to<br>
                    22.36% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:25.64%;">1st Index Anniversary Credit </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">0% or<br>
                    5.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">0% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">0% or<br>
                    5.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">5.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">4.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.95%;">4.70% </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Index Protection Strategy with Cap AND the S&amp;P 500<sup style="font-style: Normal; text-transform: uppercase; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:6pt;width:99.60%;" id="z05c6f9de3ba84d5086f555bedee9d747">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:center;width:22.99%;">Index Effective Date </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">8/20/2018-<br>
                    9/4/2018 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">9/5/2018-<br>
                    10/1/2018 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">10/2/2018-<br>
                    11/5/2018 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">11/6/2018-<br>
                    12/3/2018 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">12/4/2018-<br>
                    1/1/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">1/2/2019-<br>
                    2/4/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.74%;">2/5/2019-<br>
                    3/4/2019 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">Initial Cap </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.50% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.75% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.75% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.75% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">6.00% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">6.50% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.74%;">7.00% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">1st Index Year Index Return </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-0.95% to<br>
                    3.70% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">0.54% to<br>
                    4.18% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-1.23% to<br>
                    14.32% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">9.64% to<br>
                    19.03% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">15.28% to<br>
                    37.10% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">20.04% to<br>
                    32.15% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:10.74%;">6.10% to<br>
                    23.91% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.99%;">1st Index Anniversary Credit </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0% or<br>
                    3.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0.54% to<br>
                    4.18% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0% or<br>
                    5.75% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.75% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">6.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">6.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:10.74%;">6.10% to<br>
                    7.00% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">1st Anniversary Renewal Cap </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.75% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.00% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.50% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.75% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.50% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">6.00% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:4pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:10.74%;">&#160; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">2nd Index Year Index Return </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">14.38% to<br>
                    21.47% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">9.12% to<br>
                    15.15% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">7.54% to<br>
                    20.29% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">14.06% to<br>
                    18.54% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">14.29% to<br>
                    18.84% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">13.17% to<br>
                    18.86% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:4pt;padding-top:1pt;text-align:center;vertical-align:top;width:10.74%;">&#160; </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.99%;">2nd Index Anniversary Credit </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">4.75% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.75% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">5.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">6.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:4pt;padding-top:1pt;text-align:center;vertical-align:top;width:10.74%;">&#160; </td>
                </tr>

            </table>
          </div>
          <div style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:center;text-decoration:none;text-transform:none;">&#160;&#160;&#160;&#160;</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:6pt;width:90.09%;" id="zc26cfb4ceb83453d8831ba45cd5355ad">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:center;width:25.64%;">Index Effective Date </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">3/5/2019-<br>
                    4/1/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">4/2/2019-<br>
                    5/6/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">5/7/2019-<br>
                    6/3/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">6/4/2019-<br>
                    7/1/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">7/2/2019-<br>
                    8/5/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.95%;">8/6/2019-<br>
                    9/3/2019 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">Initial Cap </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">6.50% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">6.50% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">6.25% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">6.00% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">5.75% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.95%;">5.50% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">1st Index Year Index Return </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">-21.63% to<br>
                    8.40% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">-13.39% to<br>
                    -0.89% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">-0.10% to<br>
                    13.79% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">3.27% to<br>
                    13.68% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">4.48% to<br>
                    16.98% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.95%;">14.38% to<br>
                    22.36% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:25.64%;">1st Index Anniversary Credit </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">0% or<br>
                    6.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">0% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">0% or<br>
                    6.25% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">3.27% to<br>
                    6.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">4.48% to<br>
                    5.75% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.95%;">5.50% </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:47pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix D</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;113&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_85484f25-c80a-45b6-a8ba-192508cbdedc_2"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Index Precision Strategy with the S&amp;P 500<sup style="font-style: Normal; text-transform: uppercase; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z0835496e5e1943f19d958a5bceac9f29">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">The Buffer was 10% for all time periods. For Index Anniversaries with a range of Credits, any positive Credit cannot be less than the stated positive number. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:6pt;width:99.60%;" id="zf4282e05ffcf4fee82279b8c8591c945">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:center;width:22.99%;">Index Effective Date </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">8/20/2018-<br>
                    9/4/2018 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">9/5/2018-<br>
                    10/1/2018 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">10/2/2018-<br>
                    11/5/2018 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">11/6/2018-<br>
                    12/3/2018 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">12/4/2018-<br>
                    1/1/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">1/2/2019-<br>
                    2/4/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.74%;">2/5/2019-<br>
                    3/4/2019 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">Initial Precision Rate </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">8.00% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">8.20% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">8.50% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">8.90% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">10.20% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">10.70% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.74%;">11.30% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">1st Index Year Index Return </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-0.95% to<br>
                    3.70% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">0.54% to<br>
                    4.18% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-1.23% to<br>
                    14.32% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">9.64% to<br>
                    19.03% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">15.28% to<br>
                    37.10% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">20.04% to<br>
                    32.15% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:10.74%;">6.10% to<br>
                    23.91% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.99%;">1st Index Anniversary Credit </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0% or<br>
                    8.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">8.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0% or<br>
                    8.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">8.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">10.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">10.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.74%;">11.30% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">1st Anniversary Renewal Precision Rate </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">7.80% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">9.80% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">10.40% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">10.10% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">9.40% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">9.40% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:4pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:10.74%;">&#160; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">2nd Index Year Index Return </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">14.38% to<br>
                    21.47% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">9.12% to<br>
                    15.15% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">7.54% to<br>
                    20.29% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">14.06% to<br>
                    18.54% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">14.29% to<br>
                    18.84% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">13.17% to<br>
                    18.86% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:4pt;padding-top:1pt;text-align:center;vertical-align:top;width:10.74%;">&#160; </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.99%;">2nd Index Anniversary Credit </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">7.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">9.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">10.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">10.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">9.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">9.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:4pt;padding-top:1pt;text-align:center;vertical-align:top;width:10.74%;">&#160; </td>
                </tr>

            </table>
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          <div style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:center;text-decoration:none;text-transform:none;">&#160;&#160;&#160;&#160;</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:6pt;width:90.09%;" id="z719d182ba82b4831b409930790e1812e">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:center;width:25.64%;">Index Effective Date </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">3/5/2019-<br>
                    4/1/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">4/2/2019-<br>
                    5/6/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">5/7/2019-<br>
                    6/3/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">6/4/2019-<br>
                    7/1/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">7/2/2019-<br>
                    8/5/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.95%;">8/6/2019-<br>
                    9/3/2019 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">Initial Precision Rate </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">10.00% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">9.30% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">9.00% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">9.30% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">10.00% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.95%;">8.70% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">1st Index Year Index Return </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">-21.63% to<br>
                    8.40% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">-13.39% to<br>
                    -0.89% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">-0.10% to<br>
                    13.79% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">3.27% to<br>
                    13.68% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">4.48% to<br>
                    16.98% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.95%;">14.38% to<br>
                    22.36% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:25.64%;">1st Index Anniversary Credit </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">-11.63% to<br>
                    10.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">-3.39% to<br>
                    0.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">0% or<br>
                    9.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">9.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">10.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.95%;">8.70% </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Index Guard Strategy with the S&amp;P 500<sup style="font-style: Normal; text-transform: uppercase; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="zea1211a6a9e1414ea496eb7da6adeca0">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:6pt;width:99.60%;" id="zbaed34c3c5a94f6a9ef14ed2aba34be9">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:center;width:22.99%;">Index Effective Date </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">8/20/2018-<br>
                    9/4/2018 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">9/5/2018-<br>
                    10/1/2018 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">10/2/2018-<br>
                    11/5/2018 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">11/6/2018-<br>
                    12/3/2018 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">12/4/2018-<br>
                    1/1/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">1/2/2019-<br>
                    2/4/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.74%;">2/5/2019-<br>
                    3/4/2019 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">Initial Cap </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">10.25% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">12.00% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">11.50% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">11.50% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">12.50% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">13.50% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.74%;">14.25% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">1st Index Year Index Return </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-0.95% to<br>
                    3.70% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">0.54% to<br>
                    4.18% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-1.23% to<br>
                    14.32% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">9.64% to<br>
                    19.03% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">15.28% to<br>
                    37.10% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">20.04% to<br>
                    32.15% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:10.74%;">6.10% to<br>
                    23.91% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.99%;">1st Index Anniversary Credit </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">-0.95% to<br>
                    3.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0.54% to<br>
                    4.18% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">-1.23% to<br>
                    11.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">9.64% to<br>
                    11.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">12.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">13.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:10.74%;">6.10% to<br>
                    14.25% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">1st Anniversary Renewal Cap </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">11.25% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">13.75% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">13.50% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">12.75% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">13.00% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">12.25% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:4pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:10.74%;">&#160; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">2nd Index Year Index Return </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">14.38% to<br>
                    21.47% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">9.12% to<br>
                    15.15% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">7.54% to<br>
                    20.29% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">14.06% to<br>
                    18.54% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">14.29% to<br>
                    18.84% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">13.17% to<br>
                    18.86% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:4pt;padding-top:1pt;text-align:center;vertical-align:top;width:10.74%;">&#160; </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.99%;">2nd Index Anniversary Credit </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">11.25% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">9.12% to<br>
                    13.75% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">7.54% to<br>
                    13.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">12.75% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">13.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">12.25% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:4pt;padding-top:1pt;text-align:center;vertical-align:top;width:10.74%;">&#160; </td>
                </tr>

            </table>
          </div>
          <div style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:center;text-decoration:none;text-transform:none;">&#160;&#160;&#160;&#160;</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:6pt;width:90.09%;" id="z0665414ae24f45079d7faa03896effc0">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:center;width:25.64%;">Index Effective Date </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">3/5/2019-<br>
                    4/1/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">4/2/2019-<br>
                    5/6/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">5/7/2019-<br>
                    6/3/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">6/4/2019-<br>
                    7/1/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">7/2/2019-<br>
                    8/5/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.95%;">8/6/2019-<br>
                    9/3/2019 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">Initial Cap </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">15.25% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">14.50% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">14.50% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">13.25% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">14.50% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.95%;">14.50% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">1st Index Year Index Return </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">-21.63% to<br>
                    8.40% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">-13.39% to<br>
                    -0.89% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">-0.10% to<br>
                    13.79% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">3.27% to<br>
                    13.68% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">4.48% to<br>
                    16.98% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.95%;">14.38% to<br>
                    22.36% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:25.64%;">1st Index Anniversary Credit </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">-10.00% to<br>
                    8.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">-10.00% to<br>
                    -0.89% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">-0.10% to<br>
                    13.79% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">3.27% to<br>
                    13.25% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">4.48% to<br>
                    14.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:11.95%;">14.38% to<br>
                    14.50% </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:163pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix D</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;114&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_85484f25-c80a-45b6-a8ba-192508cbdedc_3"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 12pt; text-decoration: none; text-transform: uppercase;">Index Performance Strategy 1-year Term with the S&amp;P 500<sup style="font-style: Normal; text-transform: uppercase; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Index</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z115ac857a9c3469db8918460907f0bbb">

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

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 13pt; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:6pt;width:99.60%;" id="z8cc293398b7049a686b9d6619f8ece4b">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:center;width:22.99%;">Index Effective Date </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">8/20/2018-<br>
                    9/4/2018 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">9/5/2018-<br>
                    10/1/2018 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">10/2/2018-<br>
                    11/5/2018 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">11/6/2018-<br>
                    12/3/2018 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">12/4/2018-<br>
                    1/1/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:8.74%;">1/2/2019-<br>
                    2/4/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.74%;">2/5/2019-<br>
                    3/4/2019 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">Initial Cap </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">14.00% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">15.25% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">15.00% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">15.25% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">16.25% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">16.50% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.74%;">17.25% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">1st Index Year Index Return </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-0.95% to<br>
                    3.70% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">0.54% to<br>
                    4.18% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">-1.23% to<br>
                    14.32% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">9.64% to<br>
                    19.03% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">15.28% to<br>
                    37.10% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">20.04% to<br>
                    32.15% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:10.74%;">6.10% to<br>
                    23.91% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.99%;">1st Index Anniversary Credit </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0% to<br>
                    3.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0.54% to<br>
                    4.18% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">0% to<br>
                    14.32% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">9.64% to<br>
                    15.25% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">15.28% to<br>
                    16.25% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">16.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:10.74%;">6.10% to<br>
                    17.25% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">1st Anniversary Renewal Cap </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">13.25% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">15.50% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">15.75% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">16.00% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">15.50% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">15.00% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:4pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:10.74%;">&#160; </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:22.99%;">2nd Index Year Index Return </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">14.38% to<br>
                    21.47% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">9.12% to<br>
                    15.15% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">7.54% to<br>
                    20.29% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">14.06% to<br>
                    18.54% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">14.29% to<br>
                    18.84% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:8.74%;">13.17% to<br>
                    18.86% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="line-height:0pt;padding-right:4pt;padding-top:1pt;text-align:center;vertical-align:top;width:10.74%;">&#160; </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:22.99%;">2nd Index Anniversary Credit </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:8.74%;">13.25% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">9.12% to<br>
                    15.15% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">7.54% to<br>
                    15.75% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">14.06% to<br>
                    16.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">14.29% to<br>
                    15.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:8.74%;">13.17% to<br>
                    15.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.01%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:4pt;padding-top:1pt;text-align:center;vertical-align:top;width:10.74%;">&#160; </td>
                </tr>

            </table>
          </div>
          <div style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;text-align:center;text-decoration:none;text-transform:none;">&#160;&#160;&#160;&#160;</div>
          <div>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:6pt;width:90.09%;" id="z00dfa04db9d94c3b9c2fccdc50ea54e4">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:center;width:25.64%;">Index Effective Date </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">3/5/2019-<br>
                    4/1/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">4/2/2019-<br>
                    5/6/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">5/7/2019-<br>
                    6/3/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">6/4/2019-<br>
                    7/1/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:3pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.95%;">7/2/2019-<br>
                    8/5/2019 </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:9pt;padding-bottom:2.5pt;padding-left:7pt;padding-right:4pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.95%;">8/6/2019-<br>
                    9/3/2019 </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">Initial Cap </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">16.75% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">15.25% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">14.75% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">15.00% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:9.95%;">16.25% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1.75pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1.75pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.95%;">14.25% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:4pt;padding-right:3pt;padding-top:1pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:25.64%;">1st Index Year Index Return </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">-21.63% to<br>
                    8.40% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">-13.39% to<br>
                    -0.89% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">-0.10% to<br>
                    13.79% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">3.27% to<br>
                    13.68% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:3pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:9.95%;">4.48% to<br>
                    16.98% </td>
                  <td style="line-height:0pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:10pt;padding-left:3pt;padding-right:4pt;padding-top:1pt;text-align:center;text-decoration:none; text-transform:none;vertical-align:top;width:11.95%;">14.38% to<br>
                    22.36% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:4pt;padding-right:3pt;padding-top:1pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:25.64%;">1st Index Anniversary Credit </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">-11.63% to<br>
                    8.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">-3.39% to<br>
                    0.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">0% to<br>
                    13.79% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">3.27% to<br>
                    13.68% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:3pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;width:9.95%;">4.48% to<br>
                    16.25% </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:3pt;padding-top:1pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8pt;font-style:Normal;font-weight:bold;line-height:10pt;padding-bottom:2.5pt;padding-left:3pt;padding-right:4pt;padding-top:1pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.95%;">14.25% </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:422pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix D</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;115&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_03808af1-f572-4c1c-b270-ff0d7e9a1286_1"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;">Appendix E &#8211; Annual Contract Fees Calculation
            Examples</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold; line-height: 12pt; margin-top: 1pt; text-decoration: none; text-transform: none;">Please note that these examples may differ from your actual results
            due to rounding.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Assuming You Purchase a Contract with the Traditional Death
            Benefit</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You purchase a Contract with the Traditional Death Benefit and
            your Contract automatically includes the Income Benefit. On the Quarterly Contract Anniversary your total annual Contract fees are 1.95% (1.25% product fee and a 0.70% rider fee for the Income Benefit) and your Contract Value and Charge Base
            are $100,000. This Contract Value includes any gains or losses on the AZL Government Money Market Fund (if applicable) and any Daily Adjustments or Credits on the Index Options. During the quarter you make no additional Purchase Payments and
            take no withdrawals. We calculate the daily Contract fee amount for this quarter as follows:</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">(the Charge Base) x (total annual Contract fees &#247; 365) = daily
            Contract fee amount, or:<font style="font-weight:Normal;"> $100,000 x (1.95% &#247; 365) = $5.34</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If there are 89 days in the current quarter (which includes the
            next Quarterly Contract Anniversary), then the total quarterly Contract fees are:</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">(number of days in the current quarter) x (daily Contract fee
            amount), or:<font style="font-weight:Normal;"> 89 x $5.34 = $475.48</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">On the next Quarterly Contract Anniversary we would deduct
            $475.48 from the Contract Value. We first account for any gains/losses on the AZL Government Money Market Fund (if applicable) and add any Daily Adjustments or Credits to the Index Option Values, then process any additional Purchase Payments
            and withdrawals, including deduction of the total quarterly Contract fees. We then set the Charge Base equal to this new Contract Value. If the Contract Value at the end of the day on the Quarterly Contract Anniversary after all processing is
            $101,250 we would begin computing the daily Contract fees for the next quarter on the next day as:</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">(the Charge Base) x (total annual Contract fees &#247; 365) = daily
            Contract fee amount, or:<font style="font-weight:Normal;"> $101,250 x (1.95% &#247; 365) = $5.41</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you make an additional Purchase Payment of $15,000 on the 43rd
            day of the next quarter, your Charge Base would increase by the amount of the payment to $116,250 ($101,250 + $15,000). We would then use this new Charge Base to begin computing the daily Contract fees for the remainder of the quarter on the
            next day as:</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">(the Charge Base) x (total annual Contract fees &#247; 365) = daily
            Contract fee amount, or:<font style="font-weight:Normal;"> $116,250 x (1.95% &#247; 365) = $6.21</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If there are 92 days in the current quarter (which includes the
            next Quarterly Contract Anniversary), then the total quarterly Contract fees are:</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">(number of days in the current quarter) x (daily Contract fee
            amount), or:</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">(43 x $5.41) + (49 x $6.21) = $232.60 + $304.32 = $536.92</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">On the next Quarterly Contract Anniversary we would deduct
            $536.92 from the Contract Value after we account for any gains/losses on the AZL Government Money Market Fund (if applicable) and add any Daily Adjustments or Credits to the Index Option Values. We would then process any additional Purchase
            Payments and any other withdrawals and set the Charge Base equal to this new Contract Value and begin computing the daily Contract fees for the next quarter on the next day.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Assuming You Purchase a Contract with the Maximum Anniversary
            Value Death Benefit</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">You purchase a Contract with the Maximum Anniversary Value Death
            Benefit and your Contract automatically includes the Income Benefit. On the Quarterly Contract Anniversary your total annual Contract fees are 2.15% (1.25% product fee, 0.70% rider fee for the Income Benefit, and a 0.20% rider fee for the
            Maximum Anniversary Value Death Benefit) and your Contract Value and Charge Base are $100,000. This Contract Value includes any gains or losses on the AZL Government Money Market Fund (if applicable) and any Daily Adjustments or Credits on the
            Index Options. During the quarter you make no additional Purchase Payments and take no withdrawals. We calculate the daily Contract fee amount for this quarter as follows:</div>
        </div>
        <div style="margin-top:20pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix E</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;116&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_03808af1-f572-4c1c-b270-ff0d7e9a1286_2"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">(the Charge Base) x (total annual Contract fees &#247; 365) = daily
            Contract fee amount, or:<font style="font-weight:Normal;"> $100,000 x (2.15% &#247; 365) = $5.89</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If there are 89 days in the current quarter (which includes the
            next Quarterly Contract Anniversary), then the total quarterly Contract fees are:</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">(number of days in the current quarter) x (daily Contract fee
            amount), or:<font style="font-weight:Normal;"> 89 x $5.89 = $524.25</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">On the next Quarterly Contract Anniversary we would deduct
            $524.25 from the Contract Value. We first account for any gains/losses on the AZL Government Money Market Fund (if applicable) and add any Daily Adjustments or Credits to the Index Option Values, then process any additional Purchase Payments
            and withdrawals, including deduction of the total quarterly Contract fee. We then set the Charge Base equal to this new Contract Value. If the Contract Value at the end of the day on the Quarterly Contract Anniversary after all processing is
            $101,250, we would begin computing the daily Contract fees for the next quarter on the next day as:</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">(the Charge Base) x (total annual Contract fees &#247; 365) = daily
            Contract fee amount, or:<font style="font-weight:Normal;"> $101,250 x (2.15% &#247; 365) = $5.96</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you make an additional Purchase Payment of $15,000 on the 43rd
            day of the next quarter, your Charge Base would increase by the amount of the payment to $116,250 ($101,250 + $15,000). We would then use this new Charge Base to begin computing the daily Contract fees for the remainder of the quarter on the
            next day as:</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">(the Charge Base) x (total annual Contract fees &#247; 365) = daily
            Contract fee amount, or:<font style="font-weight:Normal;"> $116,250 x (2.15% &#247; 365) = $6.85</font></div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If there are 92 days in the current quarter (which includes the
            next Quarterly Contract Anniversary), then the total quarterly Contract fees are:</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">(number of days in the current quarter) x (daily Contract fee
            amount), or:</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">(43 x $5.96) + (49 x $6.85) = $256.45 + $335.53 = $591.98</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">On the next Quarterly Contract Anniversary we would deduct
            $591.98 from the Contract Value after we account for any gains/losses on the AZL Government Money Market Fund (if applicable) and add any Daily Adjustments or Credits to the Index Option Values. We would then process any additional Purchase
            Payments and any other withdrawals and set the Charge Base equal to this new Contract Value and begin computing the daily Contract fees for the next quarter on the next day.</div>
        </div>
        <div style="margin-top:285pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix E</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;117&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_80ce674c-526c-4ffa-807e-7d4c82eb3894_1"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;">Appendix F &#8211; Previous Versions of Income Benefit</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 1pt; text-decoration: none; text-transform: none;">The benefit version identifier, for example (08.18), is located
            in your rider.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Income Benefit (08.18) was available from August 20, 2018 to
            January 1, 2019. Income Benefit (08.18) had an Income Payment waiting period of one Index Year and the following table for Income Percentages and Income Percentage Increases.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.28%;" id="z5d1f2c384e12409f974c50b46cedbf87">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt;padding-left:6pt; padding-right:4.5pt;padding-top:3pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.85%;" rowspan="3">Eligible Person&#8217;s Age (or younger Eligible Person&#8217;s age for joint Income Payments) </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:3pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:59.11%;" colspan="4">Income Percentages </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt;padding-left:4.5pt;padding-right:6pt; padding-top:3pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:22.04%;" rowspan="3">Income Percentage<br>
                    Increases </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:23.69%;" colspan="2">Level Income </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:35.43%;" colspan="2">Increasing Income </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.30%;">Single Income<br>
                    Payments </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.39%;">Joint Income<br>
                    Payments </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.39%;">Single Income<br>
                    Payments </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:22.04%;">Joint Income<br>
                    Payments </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">0-50 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">2.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">51 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">2.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">52 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">2.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">53 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">2.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">54 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">2.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">55 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">56 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">57 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">58 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">59 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">60 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">61 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">62 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">63 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">64 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">65 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">66 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">67 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">68 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">69 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">70 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">71 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">72 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">73 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">74 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">75 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">76 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">77 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">78 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">79 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:6pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">80+ </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">7.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.55% </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:90.5pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix F</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;118&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_80ce674c-526c-4ffa-807e-7d4c82eb3894_2"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Income Benefit (01.19) was available from January 2, 2019 to July
            1, 2019. Income Benefit (09.19) was available from September 17, 2019 through April 6, 2020. Income Benefit (01.19) and (09.19) had an Income Payment waiting period of one Index Year and the following table for Income Percentages and Income
            Percentage Increases.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.28%;" id="zef80510d4a094fba94b195941c0d31c0">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt;padding-left:6pt; padding-right:4.5pt;padding-top:3pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.85%;" rowspan="3">Eligible Person&#8217;s Age (or younger Eligible Person&#8217;s age for joint Income Payments) </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:3pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:59.11%;" colspan="4">Income Percentages </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt;padding-left:4.5pt;padding-right:6pt; padding-top:3pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:22.04%;" rowspan="3">Income Percentage<br>
                    Increases </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:23.69%;" colspan="2">Level Income </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:35.43%;" colspan="2">Increasing Income </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.30%;">Single Income<br>
                    Payments </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.39%;">Joint Income<br>
                    Payments </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.39%;">Single Income<br>
                    Payments </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:22.04%;">Joint Income<br>
                    Payments </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">0-50 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">2.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">51 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">2.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">52 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">2.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">53 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">54 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">55 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">56 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">57 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">58 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">59 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">60 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">61 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">62 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">63 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">64 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">65 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">66 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">67 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">68 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">69 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">70 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">71 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">72 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">73 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">74 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">75 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">76 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">77 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">78 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">7.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">79 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">7.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:6pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">80+ </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">7.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.55% </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:131.5pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix F</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;119&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_80ce674c-526c-4ffa-807e-7d4c82eb3894_3"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Income Benefit (07.19) was available from July 2, 2019 to
            September 16, 2019. Income Benefit (07.19) had an Income Payment waiting period of one Index Year and the following table for Income Percentages and Income Percentage Increases.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.28%;" id="zc4140c6ffcb74bffabd57dbef3d967fe">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt;padding-left:6pt; padding-right:4.5pt;padding-top:3pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.85%;" rowspan="3">Eligible Person&#8217;s Age (or younger Eligible Person&#8217;s age for joint Income Payments) </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:3pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:59.11%;" colspan="4">Income Percentages </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt;padding-left:4.5pt;padding-right:6pt; padding-top:3pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:22.04%;" rowspan="3">Income Percentage<br>
                    Increases </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:23.69%;" colspan="2">Level Income </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:35.43%;" colspan="2">Increasing Income </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.30%;">Single Income<br>
                    Payments </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.39%;">Joint Income<br>
                    Payments </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.39%;">Single Income<br>
                    Payments </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:22.04%;">Joint Income<br>
                    Payments </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">0-50 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">51 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">52 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">53 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">54 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">55 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">56 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">57 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">58 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">59 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">60 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">61 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">62 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">63 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">64 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">65 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">66 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">67 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">68 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">69 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">70 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">71 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">72 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">73 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">7.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">74 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">7.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">75 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">7.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">76 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">7.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">77 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">7.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">78 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">7.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">7.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">6.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">79 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">7.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">7.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">6.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:6pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">80+ </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">7.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">7.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">6.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.55% </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:131.5pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix F</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;120&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_80ce674c-526c-4ffa-807e-7d4c82eb3894_4"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Income Benefit (04.20) was available from April 7, 2020 to
            September 7, 2020. Income Benefit (11.20) was available from November 17, 2020 to March 1, 2021. Income Benefit (04.20) and (11.20) had an Income Payment waiting period of three Index Years and the following table for Income Percentages and
            Income Percentage Increases.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.28%;" id="z6906fbe4f0ee4fa6a215b60d4e6868d3">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt;padding-left:6pt; padding-right:4.5pt;padding-top:3pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.85%;" rowspan="3">Eligible Person&#8217;s Age (or younger Eligible Person&#8217;s age for joint Income Payments) </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:3pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:59.11%;" colspan="4">Income Percentages </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt;padding-left:4.5pt;padding-right:6pt; padding-top:3pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:22.04%;" rowspan="3">Income Percentage<br>
                    Increases </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:23.69%;" colspan="2">Level Income </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:35.43%;" colspan="2">Increasing Income </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.30%;">Single Income<br>
                    Payments </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.39%;">Joint Income<br>
                    Payments </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.39%;">Single Income<br>
                    Payments </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:22.04%;">Joint Income<br>
                    Payments </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">0-50 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">2.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">51 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">2.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">52 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">2.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">53 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">54 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">55 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">56 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">57 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">58 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">59 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">60 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">61 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">62 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">63 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">64 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">65 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">66 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">67 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">68 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">69 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">70 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">71 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">72 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">73 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">74 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">75 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">76 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">77 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">78 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">79 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:6pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">80+ </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">7.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.55% </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:131.5pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix F</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;121&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_80ce674c-526c-4ffa-807e-7d4c82eb3894_5"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">Income Benefit (09.20) was available from September 8, 2020 to
            November 16, 2020. Income Benefit (09.20) had an Income Payment waiting period of three Index Years and the following table for Income Percentages and Income Percentage Increases.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.28%;" id="z3865ce0954b84ae8932aafcde814c0b6">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt;padding-left:6pt; padding-right:4.5pt;padding-top:3pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.85%;" rowspan="3">Eligible Person&#8217;s Age (or younger Eligible Person&#8217;s age for joint Income Payments) </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:3pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:59.11%;" colspan="4">Income Percentages </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt;padding-left:4.5pt;padding-right:6pt; padding-top:3pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:22.04%;" rowspan="3">Income Percentage<br>
                    Increases </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:23.69%;" colspan="2">Level Income </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:35.43%;" colspan="2">Increasing Income </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.30%;">Single Income<br>
                    Payments </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.39%;">Joint Income<br>
                    Payments </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:13.39%;">Single Income<br>
                    Payments </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:bold;line-height:9.5pt;padding-bottom:2pt; padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:22.04%;">Joint Income<br>
                    Payments </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">0-50 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">51 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">52 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">3.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">53 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">54 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">4.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.25% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">55 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">56 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">57 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">3.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">58 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">59 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.30% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">60 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">61 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">62 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">4.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">63 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">64 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">5.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.35% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">65 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">66 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">67 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">4.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">68 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">69 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.40% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">70 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">71 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">72 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">5.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">73 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">74 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">6.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.45% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">75 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">7.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">76 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">7.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">77 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">7.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">5.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">78 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">7.30% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.80% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">6.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:6pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">79 </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">7.40% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.90% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.60% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt; padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">6.10% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.50% </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:6pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:18.85%;">80+ </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.30%;">7.50% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">7.00% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:13.39%;">6.70% </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt; padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">6.20% </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:8.5pt;font-style:Normal;font-weight:Normal;line-height:9.5pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt; padding-top:2pt;text-align:center;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:22.04%;">0.55% </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:122.5pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix F</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;122&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_cb1a4797-a720-42db-a53a-62324e835f19_1"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;">Appendix G &#8211; Alternate Minimum Value</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z576efd22fdf94c0aaf52c75bbe642b11">

                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:100%;">The Alternate Minimum Value continues to be available to Contracts issued in Pennsylvania. For all other states, the Alternate Minimum Value became unavailable to Contracts: </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%;">&#8226;&#8194; issued in California, Hawaii,
                    Indiana, Montana, Nebraska, and Rhode Island on or after January 27, 2020; and </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="color:#000000;color:#000000;font-family:Times New Roman;font-family:Times New Roman;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt; line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:1.25pt;text-align:left;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;width:100%; ">&#8226;&#8194;issued in all
                    other states on or after November 18, 2019. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">For Contracts with the Alternate Minimum Value, if you take a
            withdrawal&#160;(including Income Payments), annuitize the Contract, or if we pay a death benefit, each Index Option Value for each Crediting Method also includes any increase from its guaranteed minimum <font style="font-weight:bold;">(Alternate
              Minimum Value)</font>. If you receive no Credits, or only modest Credits, over many years, the Alternate Minimum Value may be higher than the Index Option Value. However, we expect that an Alternate Minimum Value generally will not be greater
            than its Index Option Value.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you take a full withdrawal,&#160;final Income Payment, annuitize
            the Contract, or if we pay a death benefit, we compare each Index Option Value to its Alternate Minimum Value and we increase your Index Option Value to equal the Alternate Minimum Value if it is greater. If you take a partial withdrawal&#160;or
            Income Payment, we compare the percentage of Index Option Value withdrawn (including any applicable withdrawal charge) with an equivalent percentage of its Alternate Minimum Value.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Alternate Minimum Value for each of your selected Index
            Options is generally equal to 87.5% of the Index Option Base determined on the Term Start Date as adjusted for withdrawals and withdrawal charges taken during the current Term, plus Accumulated Alternate Interest and the Daily Adjustment (if
            applicable). <font style="font-style:italic;font-weight:bold;">However, for Contracts issued in Pennsylvania on or after February 24, 2020, the Alternate Minimum Value does </font><font style="font-style:italic;font-weight:bold;text-decoration:underline;">not</font><font style="font-style:italic;font-weight:bold;"> accrue Accumulated Alternate Interest for Index Options available with the Index Precision Strategy, Index
              Guard Strategy, or Index Performance Strategy.</font> <font style="font-weight:bold;">Accumulated Alternate Interest</font> is the sum of alternate interest earned for the entire time you own your Contract. For each Index Year the alternate
            interest is equal to either 70% or 87.5% of the Index Option Base multiplied by the alternate interest rate stated in your Contract.</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:98.58%;" id="z3683ad06c9e7490f8eb85998ba11c59b">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt; padding-right:6pt;padding-top:3pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:49.38%;">We use 70% if your Contract was issued in<font style="font-weight:Normal;"> &#8230;.</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2pt;padding-left:6pt;padding-right:6pt;padding-top:3pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:50.62%;">We use 87.5% if your Contract was issued in <font style="font-weight:Normal;">&#8230;.</font> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:6pt; padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:49.38%;">&#8226;&#8194;Pennsylvania from April 29, 2019 to February 21, 2020,<br>
                    &#8226;&#8194;California and Montana on or after July 22, 2019<br>
                    &#8226;&#8194;New Hampshire on or after June 24, 2019<br>
                    &#8226;&#8194;any other state on or after April 29, 2019 </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:13pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:50.62%;">&#8226;&#8194; Pennsylvania before April 29, 2019, or on or after February 24, 2020,<br>
                    &#8226;&#8194;California and Montana before July 22, 2019<br>
                    &#8226;&#8194;New Hampshire before June 24, 2019<br>
                    &#8226;&#8194;any other state before April 29, 2019 </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">We add interest to the Accumulated Alternate Interest daily. You
            can find more information about the Alternate Minimum Value at Exhibit 99(a) of the Form S-1 Registration Statement filed with the SEC, of which this prospectus is a part. This information is incorporated by reference into this prospectus. You
            can obtain a copy of Exhibit 99(a) by calling (800) 624-0197, or visiting our website at www.allianzlife.com.</div>
        </div>
        <div style="margin-top:214pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix G</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;123&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_e38a557f-306c-472f-a7d7-974e2e9fec55_1"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;">Appendix H &#8211; Material Contract Variations by State
            and Issue Date</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 1pt; text-decoration: none; text-transform: none;">Your Contract is subject to the law of the state in which it is
            issued. Some of the features of your Contract may differ from the features of a Contract issued in another state because of state-specific legal requirements. In addition, not all features and benefits are approved in all states. All material
            State and Issue Date variations in the Contract are disclosed in this Appendix. If you would like more information regarding State and Issue Date specific Contract provisions, you should contact your Financial Professional or contact our
            Service Center at the toll-free telephone number listed at the back of this prospectus.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Crediting Method and/or Index Option Availability Restrictions</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:93.93%;" id="zf2e6a1d6500a4037a1ea17e1d117959d">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:6pt;padding-top:4pt; text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:48.65%;">Crediting Method / Index Options </td>
                  <td style="line-height:0pt;padding-bottom:2.5pt;padding-right:6pt;padding-top:4pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:2.5pt;padding-left:6pt;padding-top:4pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:bottom;width:51.94%;">Availability Restrictions: </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:48.65%;">iShares<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> MSCI Emerging Markets
                    ETF with the Index Protection Strategy with DPSC, Index Protection Strategy with Cap, Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy 1-year Term </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:6pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:14pt;padding-top:1.75pt; text-align:left;text-decoration:none;text-indent:-8pt;text-transform:none;vertical-align:top;width:51.94%;">&#8211;&#8194;For Contracts issued in California and Montana, these first became available to newly issued Contracts on July&#160;22,&#160;2019<br>
                    &#8211;&#8194;For Contracts issued in New Hampshire, these first became available to newly issued Contracts on June 24, 2019<br>
                    &#8211;&#8194;For Contracts issued in all other states, these first became available to newly issued Contracts on April 29, 2019.<br>
                    &#8211;&#8194;For Contracts issued before April 29, 2019, these first became available on the first Index Anniversary that occurred on or after June 3, 2019. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:48.65%;">Index Performance Strategy 3-year Term with 20% Buffer available to Contracts issued before April 30, 2021 </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:6pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:14pt;padding-top:1.75pt; text-align:left;text-decoration:none;text-indent:-8pt;text-transform:none;vertical-align:top;width:51.94%;">&#8211;&#8194;Not available to Contracts issued in New Hampshire, or to Contracts issued on or after April 30, 2012.<br>
                    &#8211;&#8194;For Contracts issued in Virginia, these first became to newly issued Contracts on May 19, 2020.<br>
                    &#8211;&#8194;For Contracts issued in Montana, these first became to newly issued Contracts on June 23, 2020.<br>
                    &#8211;&#8194;For Contracts issued in Pennsylvania, these first became to newly issued Contracts on July 21, 2020.<br>
                    &#8211;&#8194;For Contracts issued in all other states, it first became available to newly issued Contracts on May 1, 2020.<br>
                    &#8211;&#8194;For Contracts issued before May 1, 2020, it first became available on the first Index Anniversary that occurred on or after November 23, 2020. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:0pt;padding-right:6pt; padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:48.65%;">Index Performance Strategy 3-year and 6-year Terms with Participation Rate available to Contracts issued on or after April 30,
                    2021 </td>
                  <td style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:2.5pt;padding-right:6pt;padding-top:1.75pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:2.5pt;padding-left:6pt;padding-top:1.75pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:51.94%;">&#8211;&#8194;Not available to Contracts issued in New Hampshire.<br>
                    &#8211;&#8194;For Contracts issued in all other states, they first became available to newly issued Contracts on April 30, 2021.<br>
                    &#8211;&#8194;Not available to inforce Contracts issued before April 30, 2021. </td>
                </tr>

            </table>
          </div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If a Crediting Method or Index Option<font style="font-weight:Normal;"> </font>is not available, you cannot allocate to it unless we make it available to you on a future Index Anniversary.<font style="font-weight:Normal;"> Certain Crediting Methods and/or Index Options also may not
              be available from all selling firms or from all Financial Professionals. Please consult with your Financial Professional for more information.</font></div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Level Income Guarantee Payment Percentage Availability
            Restrictions</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The Level Income Guarantee Payment Percentage first became
            available to Contracts issued in California, Hawaii, Indiana, Montana, Nebraska, Pennsylvania, and Rhode Island on January 27, 2020. It became available to Contracts issued in all other states on November 18, 2019. If you began Income Payments
            before the Level Income Guarantee Payment Percentage was added to your Contract, you will not receive the benefits associated with this feature.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Other Material State Contract Variations</div>
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.39%;" id="zcf2c69dd3bd848c087fe03dc850b462b">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2pt;padding-left:4pt; padding-right:6pt;padding-top:4pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:14.05%;">ISSUE STATE </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:26.88%;">FEATURE AND BENEFITS </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2pt;padding-left:6pt;padding-right:4pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:59.06%;">VARIATION </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt Solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt; padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:14.05%;">California </td>
                  <td style="border-bottom:0.5pt Solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt; padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Eligible Person(s) and Covered Person(s)<br>
                    <font style="font-weight:Normal;">See section 2</font> </td>
                  <td style="border-bottom:0.5pt Solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:13pt;padding-right:4pt; padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:59.06%;">&#8226;&#8194;We do not remove a person as an Eligible Person(s) or Covered Person(s) following an assignment, ownership
                    change, or Beneficiary change.<br>
                    &#8226;&#8194;If you are the sole individual Owner or a Joint Owner and select joint Income Payments, you must designate an Owner to be a Covered Person. </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:32pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix H</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;124&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_e38a557f-306c-472f-a7d7-974e2e9fec55_2"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:99.39%;" id="z1036ec0fa9904f0d9b5c24f90250d9b9">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2pt;padding-left:4pt; padding-right:6pt;padding-top:4pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:14.05%;">ISSUE STATE </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:26.88%;">FEATURE AND BENEFITS </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2pt;padding-left:6pt;padding-right:4pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:59.06%;">VARIATION </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:14.05%;">California <font style="font-weight:Normal;">(continued)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Assignments, Changes of Ownership and Other Transfers of Contract Rights<br>
                    <font style="font-weight:Normal;">See section 2</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">We cannot restrict assignments or changes of ownership<font style="font-weight:Normal;">.<br>
                      &#8226;&#8194;We do not change the Determining Life (Lives) following an assignment or ownership change. If you assign the Contract and the Determining Life (Lives) are no longer an Owner (or Annuitant if the Owner is a non-individual) the
                      Traditional Death Benefit or Maximum Anniversary Value Death Benefit may not be available and on the Owner&#8217;s death the Beneficiary(s) will only receive the Contract Value.<br>
                      &#8226;&#8194;If you assign the Contract </font>on or before<font style="font-weight:Normal;"> the Income Benefit Date and as a result none of the Eligible Person(s) are an Owner (or Annuitant if the Owner is a non-individual), </font><font style="font-style:italic;">Income Payments will not be available, but the Income Benefit and its associated rider fee will continue.</font><font style="font-weight:Normal;"> Your only recourse is to restore an Eligible Person as an
                      Owner by assigning or changing ownership, or to remove the Income Benefit if you no longer want to pay the rider fee.<br>
                      &#8226;&#8194;If you assign the Contract </font>after<font style="font-weight:Normal;"> the Income Benefit Date and a Covered Person(s) who was previously an Owner no longer has that position, </font><font style="font-style:italic;">the Income
                      Benefit and any Income Payments may end even if the Covered Person is still alive</font>. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;line-height:10pt;padding-right:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:14.05%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Free Look/Right to Examine Period<br>
                    <font style="font-weight:Normal;">See section 3</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">For Owners age 60 or older (or Annuitants age 60 or older for non-individually owned Contracts), we are required to allocate your initial Purchase Payment to the
                    AZL Government Money Market Fund during the 30 day free look period unless you specify otherwise on the appropriate form. If you want to immediately apply your Purchase Payment to the Index Options you must opt out of this allocation.
                    If you do not opt out of this allocation to the AZL Government Money Market Fund your Index Effective Date cannot occur until the free look period has ended. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:10pt;padding-right:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:14.05%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">When the Income Benefit Ends<br>
                    <font style="font-weight:Normal;">See section 10</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">The Income Benefit and any Income Payments end based on the earlier of the date of death of an individual Owner (or Annuitant if the Owner is a non-individual),
                    or last surviving Covered Person. Upon the death of an individual Owner (or Annuitant if the Owner is a non-individual), if the deceased&#8217;s spouse:<br>
                    &#8226;&#8194;continues the Contract, the Income Benefit and Income Payments end on the earlier of the date of death of the surviving spouse, or last surviving Covered Person.<br>
                    &#8226;&#8194;elects to receive payment of the death benefit, the Income Benefit ends on the Business Day we receive his or her Valid Claim.<br>
                    &#8195;<br>
                    <font style="font-style:italic;font-weight:bold;">This means if you assign the Contract after the Income Benefit Date, Income Payments may end even if the Covered Person is still alive.</font> </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:14.05%;">Connecticut </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt; padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Eligible Person(s) and Covered Person(s)<br>
                    <font style="font-weight:Normal;">See section 2</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:13pt;padding-right:4pt; padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:59.06%;">&#8226;&#8194;We do not remove a person as an Eligible Person(s) or Covered Person(s) following an assignment, ownership
                    change, or Beneficiary Change.<br>
                    &#8226;&#8194;If you are the sole individual Owner or a Joint Owner and select joint Income Payments, you must designate an Owner to be a Covered Person. </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:124pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix H</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;125&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_e38a557f-306c-472f-a7d7-974e2e9fec55_3"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:99.39%;" id="z4f5c10139d1943979ea62c58e3ebfd58">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2pt;padding-left:4pt; padding-right:6pt;padding-top:4pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:14.05%;">ISSUE STATE </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:26.88%;">FEATURE AND BENEFITS </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2pt;padding-left:6pt;padding-right:4pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:59.06%;">VARIATION </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:14.05%;">Connecticut <font style="font-weight:Normal;">(continued)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Assignments, Changes of Ownership and Other Transfers of Contract Rights<br>
                    <font style="font-weight:Normal;">See section 2</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">We can only restrict assignments to settlement companies and institutional investors as described in your Contract.<br>
                    <font style="font-weight:Normal;">&#8226;&#8194;We do not change the Determining Life (Lives) following an assignment or ownership change.<br>
                      &#8226;&#8194;If you assign the Contract and the Determining Life (Lives) are no longer an Owner (or Annuitant if the Owner is a non-individual) the Traditional Death Benefit or Maximum Anniversary Value Death Benefit may not be available and on
                      the Owner&#8217;s death the Beneficiary(s) will only receive the Contract Value.<br>
                      &#8226;&#8194;If you assign the Contract </font>on or before<font style="font-weight:Normal;"> the Income Benefit Date and as a result none of the Eligible Person(s) are an Owner (or Annuitant if the Owner is a non-individual), </font>Income
                    Payments will not be available, but the Income Benefit and its associated rider fee will continue<font style="font-weight:Normal;">. Your only recourse is to restore an Eligible Person as an Owner by assigning or changing ownership, or
                      to remove the Income Benefit if you no longer want to pay the rider fee.<br>
                      &#8226;&#8194;If you assign the Contract </font>after<font style="font-weight:Normal;"> the Income Benefit Date and a Covered Person(s) who was previously an Owner (or Annuitant if the Owner is a non-individual) no longer has that position, </font>the

                    Income Benefit and any Income Payments may end even if the Covered Person is still alive. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:10pt;padding-right:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:14.05%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">When the Income Benefit Ends<br>
                    <font style="font-weight:Normal;">See section 9</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">The Income Benefit and any Income Payments end based on the earlier of the date of death of an individual Owner (or Annuitant if the Owner is a non-individual),
                    or last surviving Covered Person. Upon the death of an individual Owner (or Annuitant if the Owner is a non-individual), if the deceased&#8217;s spouse:<br>
                    &#8226;&#8194;continues the Contract, the Income Benefit and Income Payments end on the earlier of the date of death of the surviving spouse, or last surviving Covered Person.<br>
                    &#8226;&#8194;elects to receive payment of the death benefit, the Income Benefit ends on the Business Day we receive his or her Valid Claim.<br>
                    &#8195;<br>
                    <font style="font-style:italic;font-weight:bold;">This means if you assign the Contract after the Income Benefit Date, Income Payments may end even if the Covered Person is still alive.</font> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:14.05%;">Florida </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Withdrawal Charges<br>
                    <font style="font-weight:Normal;">See Fee Tables and section 6</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">The total withdrawal charge on a partial or full withdrawal cannot be greater than 10% of the Contract Value withdrawn. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;line-height:10pt;padding-right:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:14.05%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Assignments, Changes of Ownership and Other Transfers of Contract Rights<br>
                    <font style="font-weight:Normal;">See section 2</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">We cannot restrict assignments or changes of ownership.<br>
                    <font style="font-weight:Normal;">&#8226;&#8194;We do not change the Determining Life (Lives) following an assignment or ownership change. If you assign the Contract and the Determining Life (Lives) are no longer an Owner (or Annuitant if the Owner
                      is a non-individual) the Traditional Death Benefit or Maximum Anniversary Value Death Benefit may not be available and on the Owner&#8217;s death the Beneficiary(s) will only receive the Contract Value.</font> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;line-height:10pt;padding-right:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:14.05%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Purchase Requirements<br>
                    <font style="font-weight:Normal;">See section 3</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">We can only decline a Purchase Payment if it would cause total Purchase Payments to be more than $1 million, or if it would otherwise violate the Purchase
                    Payment restrictions of your Contract (for example, we do not allow additional Purchase Payments on or after the Annuity Date). </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:10pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:14.05%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt; padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">When Annuity Payments Begin<br>
                    <font style="font-weight:Normal;">See section 8</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:4pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">The earliest acceptable Annuity Date is one year after the Issue Date. </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:46pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix H</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;126&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_e38a557f-306c-472f-a7d7-974e2e9fec55_4"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:99.39%;" id="z4367c19cd3fa4728a3c08ddeaf5c8e39">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2pt;padding-left:4pt; padding-right:6pt;padding-top:4pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:14.05%;">ISSUE STATE </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:26.88%;">FEATURE AND BENEFITS </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2pt;padding-left:6pt;padding-right:4pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:59.06%;">VARIATION </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:14.05%;">Iowa </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Withdrawal Charges<br>
                    <font style="font-weight:Normal;">See Fee Tables and section 6</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">The withdrawal charge is 8.25%, 8%, 7%, 6%, 5%, 4% and 0% for time periods referenced in the Fee Tables and section 6. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:14.05%;">Massachusetts </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Waiver of Withdrawal Charge Benefit<br>
                    <font style="font-weight:Normal;">See section 7</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">The waiver of withdrawal charge benefit is not available. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:14.05%;">Mississippi </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Withdrawal Charges<br>
                    <font style="font-weight:Normal;">See Fee Tables and section 6</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">The withdrawal charge is 8.5%, 7.5%, 6.5%, 5.5%, 5%, 4% and 0% for time periods referenced in the Fee Tables and section 6. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:10pt;padding-right:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:14.05%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Purchase Requirements<br>
                    <font style="font-weight:Normal;">See section 3</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:13pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:59.06%;">&#8226;&#8194;<font style="font-weight:bold;text-decoration:underline;">For Contracts issued before November 18, 2019</font>: We do not accept additional
                    Purchase Payments on or after the first Contract Anniversary.<br>
                    &#8226;&#8194;<font style="font-weight:bold;text-decoration:underline;">For Contracts issued on or after November 18, 2019</font>: We do not accept additional Purchase Payments on or after the tenth Contract Anniversary. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:14.05%;">Montana </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Access to Your Money<br>
                    <font style="font-weight:Normal;">See section 7</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">If you take a partial withdrawal that reduces the Contract Value below $2,000, we contact you by phone and give you the option of modifying your withdrawal
                    request. If we cannot reach you, we process your request as a full withdrawal. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:14.05%;">New Hampshire </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Waiver of Withdrawal Charge Benefit<br>
                    <font style="font-weight:Normal;">See section 7</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">The definition of nursing home is an institution operated in accordance with state law. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:14.05%;">New Jersey </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Joint Owner<br>
                    <font style="font-weight:Normal;">See section 2</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">We allow civil union partners to be Joint Owners. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;line-height:10pt;padding-right:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:14.05%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Eligible Person(s) and Covered Person(s)<br>
                    <font style="font-weight:Normal;">See section 2</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">We allow civil union partners to be joint Eligible Persons and joint Covered Persons. If at any time joint Eligible Persons or joint Covered Persons are no
                    longer civil union partners you must send us written notice. If we receive notice on or before the Income Benefit Date, joint Income Payments will not be available to you. If we receive notice after the Income Benefit Date, we will
                    remove one former civil union partner from the Contract as a Covered Person and also as an Owner, Joint Owner, Annuitant and/or Beneficiary. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;line-height:10pt;padding-right:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:14.05%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Assignments, Changes of Ownership and Other Transfers of Contract Rights<br>
                    <font style="font-weight:Normal;">See section 2</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">We cannot restrict assignments or changes of ownership.<br>
                    <font style="font-weight:Normal;">&#8226;&#8194;We do not change the Determining Life (Lives) following an assignment or ownership change. If you assign the Contract and the Determining Life (Lives) are no longer an Owner (or Annuitant if the Owner
                      is a non-individual) the Traditional Death Benefit or Maximum Anniversary Value Death Benefit may not be available and on the Owner&#8217;s death the Beneficiary(s) will only receive the Contract Value.</font> </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:10pt;padding-right:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:14.05%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Purchase Requirements<br>
                    <font style="font-weight:Normal;">See section 3</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">The maximum total Purchase Payments that we can accept is $1 million. We must decline a Purchase Payment if it would cause total Purchase Payments to be more
                    than $1 million, or if it would otherwise violate the Purchase Payment restrictions of your Contract (for example, we do not allow additional Purchase Payments on or after the Annuity Date). </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:14.05%;">Ohio </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Assignments, Changes of Ownership and Other Transfers of Contract Rights<br>
                    <font style="font-weight:Normal;">See section 2</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">We cannot restrict assignments or changes of ownership.<br>
                    <font style="font-weight:Normal;">&#8226;&#8194;We do not change the Determining Life (Lives) following an assignment or ownership change. If you assign the Contract and the Determining Life (Lives) are no longer an Owner (or Annuitant if the Owner
                      is a non-individual) the Traditional Death Benefit or Maximum Anniversary Value Death Benefit may not be available and on the Owner&#8217;s death the Beneficiary(s) will only receive the Contract Value.</font> </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:14.05%;">Pennsylvania </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt; padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Withdrawal Charges<br>
                    <font style="font-weight:Normal;">See Fee Tables and section 6</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:4pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">The withdrawal charge is 8.25%, 8%, 7%, 6%, 5%, 4% and 0% for time periods referenced in the Fee Tables and section 6. </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:40pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix H</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;127&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_e38a557f-306c-472f-a7d7-974e2e9fec55_5"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <div style="text-align:center;">
            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:99.39%;" id="zf5b7c76dca524454aab2f11b646abd47">

                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2pt;padding-left:4pt; padding-right:6pt;padding-top:4pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:14.05%;">ISSUE STATE </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2pt;padding-left:6pt; padding-right:6pt;padding-top:4pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:26.88%;">FEATURE AND BENEFITS </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:2pt;padding-left:6pt;padding-right:4pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:59.06%;">VARIATION </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:14.05%;">Pennsylvania <font style="font-weight:Normal;">(continued)</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Waiver of Withdrawal Charge Benefit<br>
                    <font style="font-weight:Normal;">See section 7</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">The waiver is not available if on the Issue Date, an Owner was confined to a nursing home or was already diagnosed with a terminal illness. Also, the nursing
                    home confinement requirement is a total of 90 days within a six month period. These 90 days do not need to be consecutive. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:14.05%;">Texas </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Assignments, Changes of Ownership and Other Transfers of Contract Rights<br>
                    <font style="font-weight:Normal;">See section 2</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">We cannot restrict assignments or changes of ownership.<br>
                    <font style="font-weight:Normal;">&#8226;&#8194;We do not change the Determining Life (Lives) following an assignment or ownership change. If you assign the Contract and the Determining Life (Lives) are no longer an Owner (or Annuitant if the Owner
                      is a non-individual) the Traditional Death Benefit or Maximum Anniversary Value Death Benefit may not be available and on the Owner&#8217;s death the Beneficiary(s) will only receive the Contract Value.</font> </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;line-height:10pt;padding-right:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:14.05%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Purchase Requirements<br>
                    <font style="font-weight:Normal;">See section 3</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:13pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:59.06%;">&#8226;&#8194;<font style="font-weight:bold;text-decoration:underline;">For Contracts issued before November 18, 2019</font>: We do not accept additional
                    Purchase Payments on or after the first Contract Anniversary.<br>
                    &#8226;&#8194;<font style="font-weight:bold;text-decoration:underline;">For Contracts issued on or after November 18, 2019</font>: We do not accept additional Purchase Payments on or after the tenth Contract Anniversary. </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-right:0.5pt solid #000000;line-height:10pt;padding-right:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:14.05%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Access to Your Money<br>
                    <font style="font-weight:Normal;">See section 7</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">We only treat a partial withdrawal that reduces the Contract Value below $2,000 as a full withdrawal if you have not made an additional Purchase Payment in the
                    past two calendar years. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;line-height:10pt;padding-right:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:14.05%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Our Unregistered Separate Account<br>
                    <font style="font-weight:Normal;">See section 12</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;"><font style="text-decoration:underline;">For Contracts issued before May 1, 2020</font><font style="font-weight:Normal;padding-left:0pt;">: We hold all assets
                      that you allocate to the Index Options that are not invested in the general account in an unregistered, non-unitized, insulated separate account </font>(Separate Account IATX)<font style="font-weight:Normal;">. Separate Account IATX
                      is structured differently from Separate Account IANA. Unlike Separate Account IANA, Separate Account IATX is for the exclusive benefit of persons purchasing a Contract in the State of Texas. Separate Account IATX is insulated from the
                      claims of creditors and Contract purchasers are given priority with regard to Separate Account IATX&#8217;s assets over Contract purchasers from other states as well as general creditors. Separate Account IATX was established under
                      Minnesota law for the benefit of Texas Contract purchasers. Separate Account IATX supports our obligations to pay Performance Credits to Texas Contract Owners. Allocations and reallocations to and from the Separate Account IATX are
                      managed in the same manner as Separate Account IANA. Neither Texas Contract purchasers nor these Index Options participate in any way in the performance of assets held in Separate Account IATX.</font> </td>
                </tr>
                <tr bgcolor="#DEE9F6" style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:4pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:14.05%;">Utah </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-right:6pt; padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Purchase Requirements<br>
                    <font style="font-weight:Normal;">See section 3</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:13pt;padding-right:4pt;padding-top:2pt;text-align:left; text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:59.06%;">&#8226;&#8194;<font style="font-weight:bold;text-decoration:underline;">For Contracts issued before November 18, 2019</font>: We do not accept additional
                    Purchase Payments on or after the first Contract Anniversary.<br>
                    &#8226;&#8194;<font style="font-weight:bold;text-decoration:underline;">For Contracts issued on or after November 18, 2019</font>: We do not accept additional Purchase Payments on or after the tenth Contract Anniversary. </td>
                </tr>
                <tr style="page-break-inside:avoid;">
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt; padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:14.05%;">Wisconsin </td>
                  <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt; padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:26.88%;">Assignments, Changes of Ownership and Other Transfers of Contract Rights<br>
                    <font style="font-weight:Normal;">See section 2</font> </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:4pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:59.06%;">We cannot restrict assignments or changes of ownership.<br>
                    <font style="font-weight:Normal;">&#8226;&#8194;We do not change the Determining Life (Lives) following an assignment or ownership change. If you assign the Contract and the Determining Life (Lives) are no longer an Owner (or Annuitant if the Owner
                      is a non-individual) the Traditional Death Benefit or Maximum Anniversary Value Death Benefit may not be available and on the Owner&#8217;s death the Beneficiary(s) will only receive the Contract Value.</font> </td>
                </tr>

            </table>
          </div>
        </div>
        <div style="margin-top:80pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix H</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;128&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_c81f8e58-cea1-4a3b-87f4-903468777e4d_1"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; padding-left: 25.7334pt; text-decoration: none; text-indent: -25.7334pt; text-transform: uppercase;">Appendix
            I &#8211; Selected Financial Data and Statutory Financial Statements</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Management&#8217;s Discussion and Analysis of Financial Condition and
            Results of Operations (For the 12 month period ended December 31, 2020)</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The following discussion of our financial condition and results
            of operations should be read in conjunction with our statutory financial statements and notes to those statements included in this Appendix. The discussion and analysis in this Appendix includes certain forward-looking statements that are
            subject to risks, uncertainties and other factors, as described in &#8220;Risk Factors&#8221; and elsewhere in this prospectus, that could cause our actual growth, results of operations, performance, financial position and business prospects and
            opportunities in 2021 and beyond to differ materially from those expressed in, or implied by, those forward-looking statements. See &#8220;Forward-Looking Statements.&#8221;</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Statutory Financial Statements</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The statutory financial statements of Allianz Life Insurance
            Company of North America as of December 31, 2020 and 2019 and for each of the three years in the period ended December 31, 2020 included in this Appendix I have been so included in reliance on the report of PricewaterhouseCoopers LLP, an
            independent registered public accounting firm, given on the authority of said firm as experts in auditing and accounting. The principal business address of PricewaterhouseCoopers LLP is 45 South Seventh Street, Suite 3400, Minneapolis, MN.</div>
        </div>
        <div style="margin-top:444pt;width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 11pt; text-align: center; text-decoration: none; text-transform: none;">Appendix I</div>
        </div>
        <div style="margin-top:3pt;width:100%;" type="Block">
          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;129&#160;</div>
        </div>
      </div>
      <div style="clear:both;font-size:12pt;height:0pt;"> </div>
      <hr style="margin-bottom:0pt;">
      <p style="margin:0pt;page-break-before:always;">&#160; </p>
      <div style="width:100%;"> <a name="xx_5139ade4-433e-46a0-98ef-04aa14732a1a_1"> </a>
        <div style="font-family: Arial; font-size: 7pt; line-height: 10pt; font-weight: Normal; text-transform: none; vertical-align: bottom; padding-bottom: 10pt;"> <a href="#JOB_Index_b8f2ce66-8e60-43a2-808c-74562c90598d_va-toc"> Table of Contents </a>
        </div>
        <div style="width:100%;" type="Block">
          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:2pt solid #000000;height:2pt;width:100%;">
          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;"> <br>
          </div>
          <div style="color: rgb(0, 0, 0); font-style: normal; font-weight: normal; line-height: 13pt; text-decoration: none; text-transform: none;"> <br>
          </div>
          <div style="color: rgb(0, 0, 0); font-style: normal; font-weight: normal; line-height: 13pt; text-decoration: none; text-transform: none;">
            <div style="min-height:45pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="text-align:center">
                <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.245%" id="z205a8f64b3ee4e9faa57b01dce59e022">

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                      </td>
                      <td style="width:32.233%"><br>
                      </td>
                      <td style="width:0.1%"><br>
                      </td>
                      <td style="width:1.0%"><br>
                      </td>
                      <td style="width:32.233%"><br>
                      </td>
                      <td style="width:0.1%"><br>
                      </td>
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                      </td>
                      <td style="width:32.234%"><br>
                      </td>
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                      </td>
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                    <tr>
                      <td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"><br>
                      </td>
                      <td colspan="3" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Part
                          I</font></td>
                      <td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"><br>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
            <div><br>
            </div>
            <div><br>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Item&#160;11(f).</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Selected Financial Data</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">(dollars in millions, unless otherwise stated)</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table sets forth the Company&#8217;s selected historical
                financial data. The selected financial data has been derived from the Statutory Financial Statements included elsewhere in this prospectus, and should be read in conjunction with &#8220;Management&#8217;s Discussion and Analysis of Financial Condition
                and Results of Operations&#8221; and the Company&#8217;s audited Statutory Financial Statements. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">These historical results are not necessarily indicative of results to
                be expected for any future period. </font></div>
            <div style="margin-bottom:11pt;margin-top:11pt">
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                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.544%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.400%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.841%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.400%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.841%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.403%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="27" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Year ended December 31, </font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Selected income
                        data</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2018</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2017</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2016</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Premium and annuity considerations*</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,542&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13,029&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,193&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,231&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,914&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net investment income</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,864&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,839&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,593&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,504&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,361&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Ceded
                        reinsurance reserve and expense adjustments</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(45)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">329&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">245&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">612&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">157&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fees from separate accounts</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">567&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">613&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">676&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">719&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">726&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other income</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">694&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(13)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">150&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">179&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        income</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,622&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,797&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17,704&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,216&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,337&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Policyholder
                        benefits and surrenders</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,343&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,368&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,436&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,649&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,111&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in aggregate reserves</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,465&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,034&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,299&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,628&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,755&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">General and
                        administrative and commission</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,739&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,878&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,770&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,616&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,824&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net transfers to (from) separate accounts</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,460&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,254&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,009)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,851)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,380)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        benefits and other expenses</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,007&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,534&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,496&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19,042&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,310&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income tax expense (benefit)</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">773&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(51)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">530&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net realized
                        capital gain (loss)</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">142&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,053&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(490)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,655&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(486)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income (loss)</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">739&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">543&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">769&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">805&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,011&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Capital and
                        Surplus:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in unrealized capital gain (loss)</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(61)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">719&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(230)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(78)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">180&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividends to
                        parent</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(750)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(325)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(780)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(894)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other change in capital &amp; surplus</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(220)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">441&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(101)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">46&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net
                        change in capital &amp; surplus</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(292)</font></td>
                    <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,378&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">565&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(154)</font></td>
                    <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">343&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="33" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">*Includes
                        premiums and annuity and supplementary contract considerations.</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:11pt;margin-top:11pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%" id="z74c17f5fd23442e39df985aefd176a2b">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:32.035%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.542%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.381%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.840%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.232%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.542%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.381%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.840%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.381%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.840%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.386%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="27" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">As of December 31, </font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Selected balance
                        sheet data</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2018</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2017</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2016</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total cash and invested assets</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">125,229&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">121,870&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">117,203&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">109,328&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99,840&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment
                        income due and accrued</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,040&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,031&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,047&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,004&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">962&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other admitted
                        assets</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,218&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">945&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">951&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">982&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">685&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate account
                        assets</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45,901&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34,638&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22,835&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26,755&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26,071&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total

                        admitted assets</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">173,388&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">158,484&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">142,036&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">138,069&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">127,558&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        policyholder liabilities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">109,353&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">107,098&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">107,118&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100,433&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">90,504&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other
                        liabilities</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,473&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,794&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,507&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,869&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,818&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate account
                        liabilities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45,901&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34,638&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22,835&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26,755&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26,071&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        liabilities</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">165,727&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">150,530&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">135,460&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">132,057&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">121,393&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        capital and surplus</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,661&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,954&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,576&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,011&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,165&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="height:63pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><br>
                </div>
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Allianz Life Insurance Company of North America</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">NAIC Group Code: 0761</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">NAIC Company Code: 90611</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">- 1 -</font></div>
                <div style="text-align:center"><br>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:45pt;width:100%">
              <div><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Item&#160;11(h).</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Management&#8217;s Discussion and Analysis of Financial Condition and
                Results of Operations</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following discussion and analysis provides an assessment by
                management of the Company&#8217;s financial condition as of December 31, 2020, compared with December&#160;31, 2019, and its results of operations for each of the three years ended December&#160;31, 2020, 2019, 2018, respectively. The information contained
                herein should be read in conjunction with the financial statements, notes, exhibits and schedules in the 2020 and 2019 Annual Statement and audited Statutory Financial Statements of the Company. Amounts are presented on a non-consolidated
                basis in accordance with Statutory Accounting Principles (SAP). </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Forward-looking Statements </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">This report reviews the Company&#8217;s financial condition and results of
                operations. Where appropriate, factors that may affect future financial performance are also identified and discussed. Certain statements made in this report include &#8220;forward-looking statements&#8221; within the meaning of the Private Securities
                Litigation Reform Act of 1995. Forward- looking statements include any statement that may predict, forecast, indicate or imply future results, performance or achievements instead of historical facts, and may contain words like &#8220;believe&#8221;,
                &#8220;expect&#8221;, &#8220;estimate&#8221;, &#8220;project&#8221;, &#8220;budget&#8221;, &#8220;forecast&#8221;, &#8220;anticipate&#8221;, &#8220;plan&#8221;, &#8220;will&#8221;, &#8220;shall&#8221;, &#8220;may&#8221;, and other words, phrases or expressions with similar meaning. Forward-looking statements are subject to risks and uncertainties. Readers
                are cautioned not to place undue reliance on forward-looking statements as a prediction of actual results. The Company undertakes no obligation to update publicly or revise any forward-looking statements.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Company Overview</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Allianz Life is a wholly owned subsidiary of Allianz of America, Inc.
                (AZOA), which is a subsidiary of Allianz Europe, B.V.. Allianz Europe, B.V. is a wholly owned subsidiary of Allianz SE, the Company&#8217;s ultimate parent, which is incorporated in Munich, Germany. The Company is a life insurance company
                domiciled in the State of Minnesota and is licensed to sell insurance products in all U.S. states, except New York, several U.S. territories, and Canada. The Company offers a portfolio of individual fixed-indexed annuities, variable-indexed
                annuities, and individual ordinary fixed-indexed universal life (FIUL) products. The Company&#8217;s products are either sold through licensed independent agents contracted with a field marketing organization or insurance agency, or licensed
                registered representatives contracted with a broker/dealer. The Company also maintains a closed portfolio of individual and group long-term care (LTC) and group life, annuity and accident and health policies, and does not actively issue new
                policies related to these products. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has organized its principal operations into the following
                segments: Individual Annuities, Life, and Legacy.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Individual Annuities </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Individual Annuities segment provides tax-deferred investment
                growth and lifetime income opportunities for our customers through fixed, fixed-indexed, variable-indexed, and variable annuities. The &#8220;fixed&#8221; and &#8220;variable&#8221; classifications describe whether we or the contractholders bear the investment
                risk of the assets supporting the contract. We are one of the largest sellers of fixed-indexed and variable-indexed products. Fixed and variable annuities provide for both asset accumulation and asset distribution needs. Our Individual
                Annuity products are sold through both independent and wholly-owned distribution channels made up of agents and registered representatives.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Fixed and fixed-indexed annuities provide guarantees related to the
                preservation of principal and interest credited. In 2020, sales of our fixed-indexed annuity products were lower than the prior year due to the low interest rate environment and social distancing constraints as a result of the coronavirus
                pandemic. In 2019, sales of our fixed-indexed annuity products were lower than the prior year due to the product changes made in response to the continued low interest rate environment. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Variable annuities allow the contractholder to make deposits into
                various investment options and also have unique product features that allow for guaranteed minimum income benefits, guaranteed minimum accumulation benefits, guaranteed minimum death benefits, and guaranteed minimum withdrawal benefits. The
                variable annuity products with guaranteed minimum benefits which provide a minimum return based on their initial deposit may be increased by additional deposits, bonus amounts, or other account crediting features. The income and
                accumulation benefits shift a portion of the investment risk from the contractholder back to the Company. The Company's variable annuity sales strategy has shifted to variable-indexed annuity products, which combines a separate account
                option with a general account option that is similar to a fixed-indexed annuity. In 2020, sales of the variable-indexed annuity were higher than the prior year due to strong sales for the Index Advantage Income</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#174;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> product
                driven by the market environment and a 2020 sales promotion. In 2019, sales of the variable-indexed annuity were higher than the prior year due to a sales promotion related to the new Allianz Index Advantage Income</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#174;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> product. </font></div>
            <div style="height:63pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><br>
                </div>
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Selected Financial Data and Management's Discussion and
                    Analysis</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 2 of 23</font></div>
                <div style="text-align:center"><br>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:45pt;width:100%">
              <div><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Life</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Our life insurance products provide flexibility and control over a
                person&#8217;s assets, providing the assurance that the beneficiaries will be protected after the insured is gone and, in certain cases, to add cash value accumulation potential. The sales focus of our Life segment is our FIUL insurance products.
                Deposits are credited to an account maintained for the policyholder. Our individual life products are sold through independent distribution channels made up of agents and registered representatives. The Life business has continued to grow
                for the last several years and was driven by strong product proposition and expanded accelerated underwriting.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Legacy</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Legacy business consists of closed blocks of LTC and Special
                Markets products. The Special Markets products include individual and group annuity and life products, including universal life and term life insurance. Although Legacy products are part of the total results, the Company does not allocate
                additional resources to these areas other than to maintain the operational support to its current customers. The Company enters into reinsurance agreements to manage risk resulting from businesses we have chosen to exit. The performance of
                these product lines is not material enough to warrant discussion as separate operating segments.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Income and Expense Allocation</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">We maintain segregated investment portfolios at the subsidiary level
                but do not maintain segregated portfolios for each segment. All net investment income and other Corporate income and expense activity is allocated to the segments. Assets are only monitored at the total Company level, and as such, asset
                disclosures by segment are not included herein. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Income and expense related to assets backing policyholder reserves
                are allocated to the segments based on policyholder statutory reserve levels. The results of our segments also reflect allocation of income and expense related to assets backing surplus. Income and expense related to assets backing surplus
                are allocated to the segments based on required capital levels for each segment. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Basis of Presentation</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Statutory Financial Statements have been prepared in accordance
                with accounting practices prescribed or permitted by the Minnesota Department of Commerce (the&#160;Department). The Department recognizes statutory accounting practices prescribed or permitted by the state of Minnesota for determining and
                reporting the financial condition and results of operations of an insurance company and its solvency under Minnesota insurance law. The state of Minnesota has adopted the National Association of Insurance Commissioners (NAIC) </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Accounting Practices and Procedures Manual</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> as its prescribed basis of SAP, without significant modification. The Company has no material statutory accounting practices that differ from those of the Department or NAIC SAP.
                These practices differ in some respects from accounting principles generally accepted in the United States of America (U.S. GAAP). The effects of these differences, while not quantified, are presumed to be material to the Statutory
                Financial Statements.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The preparation of Statutory Financial Statements in conformity with
                NAIC SAP requires management to make certain estimates and assumptions that affect reported amounts of admitted assets and liabilities, including reporting or disclosure of contingent assets and liabilities as of December&#160;31, 2020, and 2019
                and the reported amounts of revenues and expenses during the reporting period. Future events, including changes in mortality, morbidity, interest rates, capital markets, and asset valuations could cause actual results to differ from the
                estimates used within the Statutory Financial Statements. Such changes in estimates are recorded in the period they are determined.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Adoption of New Financial Accounting Standards </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Note 3 &#8211; &#8220;Accounting Changes and Correction of Errors&#8221; of the
                Company&#8217;s audited Statutory Financial Statements in this prospectus for information related to recent accounting pronouncements. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Application of Critical Accounting Policies</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Our accounting policies require management to make interpretative and
                valuation judgments and to make estimates based upon assumptions that affect the amounts of assets, liabilities, revenues, and expenses reported in our Statutory Financial Statements. Because the use of assumptions and estimates inherently
                entails uncertainty, the effects of accounting policies under different conditions could produce results that are significantly different. A discussion of the presentation of the business factors that affect critical accounting policies can
                be found in Note 2 of the accompanying Statutory Financial Statements and are summarized below. </font></div>
            <div style="height:63pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><br>
                </div>
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Selected Financial Data and Management's Discussion and
                    Analysis</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 3 of 23</font></div>
                <div style="text-align:center"><br>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:45pt;width:100%">
              <div><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Accounting for Investments </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Investment valuation and presentation are determined to be in
                accordance with methods prescribed by the NAIC. See Note 5 and 6 of the audited Statutory Financial Statements for additional information regarding the portfolio and fair value of investments. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Aggregate Reserves for Life Policies and Annuity
                Contracts </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Notes 12 through 14 of the audited Statutory Financial Statements
                for additional information regarding our annuity and life actuarial reserves, deposit liabilities, and separate accounts.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Derivatives </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Note 2 and 5 of the audited Statutory Financial Statements for
                additional information regarding our derivatives and hedging instruments. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Reinsurance </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Note 11 of the audited Statutory Financial Statements for
                additional information regarding reinsurance agreements we have entered into to manage insurance risk, as well as businesses we exited. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Income Taxes </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Note 9 of the audited Statutory Financial Statements for
                additional information regarding income tax estimates and assumptions. </font></div>
            <div style="height:63pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><br>
                </div>
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Selected Financial Data and Management's Discussion and
                    Analysis</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 4 of 23</font></div>
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            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Results of Operations</font></div>
            <div style="margin-bottom:11pt;margin-top:11pt;padding-left:2.25pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.255%" id="zf6c0a2b22868423ab3b1d35b526a4ee2">

                  <tr>
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                    <td style="width:10.144%"><br>
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                    </td>
                    <td style="width:0.549%"><br>
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                    <td style="width:0.1%"><br>
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                    <td style="width:1.0%"><br>
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                    <td style="width:10.144%"><br>
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                    <td style="width:10.144%"><br>
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                    <td style="width:0.1%"><br>
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                    </td>
                    <td style="width:0.549%"><br>
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                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.345%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.549%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
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                    <td style="width:8.345%"><br>
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                    <td style="width:0.1%"><br>
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                    </td>
                    <td style="width:0.549%"><br>
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                    </td>
                    <td style="width:1.0%"><br>
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                    <td style="width:8.345%"><br>
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                    <td style="width:0.1%"><br>
                    </td>
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                    </td>
                    <td style="width:0.549%"><br>
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                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.351%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year ended December&#160;31,</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                        (decrease) and % change</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                        (decrease) and % change</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2018</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020 - 2019</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019 - 2018</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Income:</font></td>
                    <td colspan="3" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Premium and annuity
                        considerations*</font></td>
                    <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,542&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13,029&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,193&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,487)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(19.1)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">836&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6.9&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net
                        investment income</font></td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,864&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,839&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,593&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">25&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.5&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">246&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.4&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ceded reinsurance reserve and
                        expense adjustments</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(45)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">329&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">245&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(374)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(113.7)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">84&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">34.3&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fees from
                        separate accounts</font></td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">567&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">613&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">676&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(46)</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(7.5)</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(63)</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(9.3)</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other income</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">694&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(13)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">707&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM**</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(10)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(333.3)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                        income</font></td>
                    <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16,622&#160;</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18,797&#160;</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">17,704&#160;</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,175)</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(11.6)</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,093&#160;</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6.2&#160;</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Benefits and other expenses:</font></div>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Policyholder

                        benefits and surrenders</font></td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,343&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,368&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,436&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(25)</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.2)</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">932&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9.9&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in aggregate reserves</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,465&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,034&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,299&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,431&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">138.4&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6,265)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(85.8)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">General
                        and administrative and commission</font></td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,739&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,878&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,770&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(139)</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(7.4)</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">108&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6.1&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net transfers to (from) separate
                        accounts</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,460&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,254&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,009)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,794)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(72.2)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,263&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">361.5&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                        benefits and other expenses</font></td>
                    <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16,007&#160;</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18,534&#160;</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16,496&#160;</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,527)</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(13.6)</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,038&#160;</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12.4&#160;</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Pretax income (loss)</font></td>
                    <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">615&#160;</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">263&#160;</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,208&#160;</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">352&#160;</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">133.8&#160;</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(945)</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(78.2)</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income
                        tax expense (benefit)</font></td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">773&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(51)</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(755)</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(97.7)</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">824&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM**</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net realized capital gain (loss)</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">142&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,053&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(490)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(911)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(86.5)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,543&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">314.9&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt 2px 16pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net
                        income (loss)</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">739&#160;</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">543&#160;</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">769&#160;</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">196&#160;</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">36.1&#160;</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(226)</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(29.4)</font></td>
                    <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital and Surplus:</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in
                        unrealized capital gain (loss)</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(61)</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">719&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(230)</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(780)</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(108.5)</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">949&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">412.6&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Dividends to parent</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(750)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(325)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(425)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(130.8)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(325)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other
                        change in capital &amp; surplus</font></td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(220)</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">441&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">26&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(661)</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(149.9)</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">415&#160;</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM**</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 16pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net change in capital &amp;
                        surplus</font></td>
                    <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(292)</font></td>
                    <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,378&#160;</font></td>
                    <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">565&#160;</font></td>
                    <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,670)</font></td>
                    <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(121.2)</font></td>
                    <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">813&#160;</font></td>
                    <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">143.9&#160;</font></td>
                    <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="42" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">*Includes premiums and annuity
                        and supplementary contract considerations.</font></td>
                  </tr>
                  <tr>
                    <td colspan="42" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:3pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">**Not meaningful</font></div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2020</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Compared to</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2019 </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Overview</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The decrease in capital and surplus was
                primarily driven by volatility within the equity market movements resulting in hedging losses, a ceded reinsurance recapture in fixed-indexed annuities, and an increase in the 2020 dividend payment to the parent.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Income</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Premium and annuity considerations</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Premium and annuity considerations
                decreased primarily due to lower fixed-indexed annuity sales based upon product changes made in response to the continued low interest rate environment and social distancing constraints impacting sales methods. This was partially offset by
                higher variable-indexed annuity premium driven by a 2020 sales promotion all within the Individual Annuities segment. The Life segment increased as a result of an increase in first year and renewal premiums due to a growing block of
                business. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net investment income:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net investment income increased due
                to an increase in average invested assets and positive cash flows.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Ceded reinsurance reserve and expense adjustments:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Ceded
                reinsurance reserve and expense adjustments decreased primarily due to impacts from a ceded reserve recapture that was executed in 2020 in the Individual Annuities segment.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Fees from separate accounts</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Fees from separate accounts
                decreased primarily due to lower average separate account </font></div>
            <div style="height:63pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><br>
                </div>
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Selected Financial Data and Management's Discussion and
                    Analysis</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 5 of 23</font></div>
                <div style="text-align:center"><br>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:45pt;width:100%">
              <div><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify"><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">assets as a result of
                outflows due to policyholder activity and negative equity market impacts in early 2020 in the Individual Annuities segment. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other income: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Other income increased primarily due to an increase in derivative income on interest rate swaps that hedge variable annuities and amortization of the deferred hedge
                liability under SSAP No. 108 in the Individual Annuities segment.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Benefits and Other Expenses</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in aggregate reserves:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Change in aggregate reserves
                increased primarily due to a change in presentation of assets and liabilities relating to the variable-indexed product in 2019. In 2019, the Company transferred assets from the general account to the separate account to align with state
                product filing requirements, and the reserve decrease is completely offset in Net transfers to(from) separate accounts. </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">
                In addition, variable annuity reserves increased in 2020 driven by overall net growth in the variable-index annuity block of business. This was partially offset by the decrease of the fixed-index annuity reserves driven by lower index
                credits as a result of the less favorable equity market increase and lower fixed-indexed annuity premiums due to the decrease in production.</font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">General and administrative and commission:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">General, administrative
                and commission expense decreased primarily due to a decrease in commissions expense as a result of lower overall premium as discussed above. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net transfers to (from) separate accounts: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net transfers to (from) separate accounts decrease is driven by the aforementioned 2019 presentation of assets and liabilities for
                variable-indexed annuities change referenced in the Change in aggregate reserves in the Individual Annuities segment. The decrease in Net transfers to (from) separate accounts was partially offset by lower policyholder activity. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Income tax expense (benefit)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">There is a federal income tax
                expense due to impacts from hedging gains in the Company's Individual Annuity and Life segments which was partially offset by a tax net operating loss carry back recorded in 2020. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net realized capital gain (loss):</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;"> </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net realized capital gains decreased due to lower gains on derivatives used to economically hedge the Company's product liabilities as
                a result of less favorable equity markets in the Individual Annuities and Life segments, as well as unfavorable investment results due to impairments.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Capital and Surplus</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in unrealized capital gain (loss): </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Unrealized capital losses are primarily due to negative hedging results on fixed-indexed and variable-indexed annuities in the Individual
                Annuities segment and the Life segment. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Dividends to parent:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Dividends of $750 were paid to the
                parent in 2020.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other change in capital and surplus: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Other change in capital and surplus decreased due to </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">a </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">fixed-indexed ceded reserve recapture that was completed in 2020, and an
                increase in AVR that decreased capital and surplus due to the growth of the Company's investment portfolio. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2019 Compared to Year Ended December&#160;31, 2018
              </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Overview</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The increase in capital and surplus was primarily driven by positive
                equity market movements resulting in realized and unrealized hedging gains, a new reinsurance agreement covering certain fixed-indexed annuities, and increases in premium and annuity considerations within the Individual Annuities and Life
                segments. This was partially offset by the 2019 dividend payment to the parent, and an increase in policyholder benefits and surrenders.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Income</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Premium and annuity considerations</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Individual Annuities premium and annuity considerations increased primarily due to a variable-indexed annuity product sales promotion in 2019 and increased Life first year and
                renewal premiums due to the growing block of business. This was partially offset by lower fixed-indexed annuity sales due to product changes made in response to the continued low interest rate environment in 2019. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net investment income:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Net investment income increased due to an increase in average invested assets and positive cash flows. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Ceded reinsurance reserve and expense adjustments:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Ceded reinsurance reserve and expense adjustments increased primarily due to new reinsurance agreements entered into in 2019 in the Individual Annuities
                segment. </font></div>
            <div style="height:63pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><br>
                </div>
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Selected Financial Data and Management's Discussion and
                    Analysis</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 6 of 23</font></div>
                <div style="text-align:center"><br>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:45pt;width:100%">
              <div><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Fees from separate accounts</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Fees from separate accounts decreased primarily due to lower average separate account assets as a result of outflows due to policyholder activity and negative equity market impacts
                in late 2018 in the Individual Annuities segment. The 2018 equity market downturn resulted in lower average assets under management throughout 2019.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other income:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Other income decreased primarily due to lower derivative income on interest rate swaps that hedge changes in cash flows for variable annuities in the Individual Annuities segment. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Benefits and Other Expenses</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Policyholder benefits and surrenders</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Policyholder benefits and surrenders increased primarily due to an increase in fixed-indexed annuity surrenders within the Individual Annuities segment driven by policyholder
                activity, and are impacted by the surrender period of the underlying annuity contract. Policyholder benefits and surrenders in the Life Segment also increased primarily due to policyholder activity and an increase in death claims. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in aggregate reserves:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Change in aggregate reserves decreased primarily due to a change in presentation of assets and liabilities relating to the variable-indexed product in 2019 in the Individual
                Annuities segment. The Company transferred assets from the general account to the separate account to align with state product filing requirements. The change is completely offset in Net transfers to (from) separate accounts. This decrease
                was partially offset by the growth of the fixed-index annuity reserves driven by higher index credits as a result of the year over year equity market increase in the Individual Annuities segment. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">General and administrative and commission:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> General, administrative and commission expense increased primarily due to an increase in commissions expense as a result of higher premium as discussed above. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net transfers to (from) separate accounts:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net transfers to (from) separate accounts increase is driven by afore mentioned 2019 presentation of assets and liabilities for variable-indexed
                annuities change referenced in the Change in aggregate reserves in the Individual Annuities segment. The increase in Net transfers to (from) separate accounts was partially offset by higher policyholder withdrawals.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Income tax expense (benefit)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: There is a federal income tax expense due to impacts from hedging gains in the Company's Individual Annuity and Life segments. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net realized capital gain (loss):</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Net realized capital gains increased due to gains on derivatives used to economically hedge the Company's product liabilities as a result of an increase in equity markets in the
                Individual Annuities and Life segments.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Capital and Surplus</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in unrealized capital gain (loss):</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Unrealized capital gains are primarily due to positive hedging results on fixed-indexed annuities in the Individual Annuities segment and the Life segment. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Dividends to parent: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Dividends of $325 were paid to the parent in 2019.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other change in capital and surplus:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Other change in capital and surplus increased due to a new reinsurance agreement covering certain fixed-indexed annuities in the Individual Annuities segment and an increase in
                deferred income taxes. This was offset by an increase in AVR that decreased capital and surplus due to the growth of the Company's investment portfolio.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:15.75pt"><br>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><br>
            </div>
            <div style="height:63pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><br>
                </div>
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Selected Financial Data and Management's Discussion and
                    Analysis</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 7 of 23</font></div>
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              <div><br>
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            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Individual Annuities</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Segment Results of Operations</font></div>
            <div style="margin-bottom:11pt;margin-top:11pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.553%" id="z196e4bb444714de79772f603a7865689">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:23.563%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.662%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.662%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.662%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.662%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:7.420%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.662%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:7.425%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year ended December&#160;31,</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                        (decrease) and % change</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                        (decrease) and % change</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2018</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020 - 2019</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019 - 2018</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Income:</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Premium and annuity
                        considerations*</font></td>
                    <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,268&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,969&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,223&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,701)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(22.6)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">746&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6.6&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net
                        investment income</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,531&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,551&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,346&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(20)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.4)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">205&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4.7&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ceded reinsurance reserve and
                        expense adjustments</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(54)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">321&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">254&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(375)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(116.8)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">67&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">26.4&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fees from
                        separate accounts</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">567&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">613&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">676&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(46)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(7.5)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(63)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(9.3)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other income</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">691&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(17)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">708&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM**</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(14)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(466.7)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                        income</font></td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15,003&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">17,437&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16,496&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,434)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(14.0)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">941&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.7&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Benefits and other expenses:</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Policyholder

                        benefits and surrenders</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,073&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,078&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,264&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">814&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8.8&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in aggregate reserves</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,474&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">289&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,457&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,185&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">410.0&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6,168)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(95.5)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">General
                        and administrative and commission</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,369&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,591&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,518&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(222)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(14.0)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">73&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4.8&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net transfers to (from) separate
                        accounts</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,462&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,258&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,006)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,796)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(72.2)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,264&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">362.1&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                        benefits and other expenses</font></td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14,378&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">17,216&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15,233&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,838)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(16.5)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,983&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13.0&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Pretax income (loss)</font></td>
                    <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">625&#160;</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">221&#160;</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,263&#160;</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">404&#160;</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">182.8&#160;</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,042)</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(82.5)</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income
                        tax expense (benefit)</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">649&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(53)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(631)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(97.2)</font></td>
                    <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">702&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM**</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net realized capital gain (loss)</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">67&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">922&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(489)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(855)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(92.7)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,411&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">288.5&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net
                        income (loss)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">674&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">494&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">827&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">180&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">36.4&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(333)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(40.3)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital and Surplus:</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in
                        unrealized capital gain (loss)</font></td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(79)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">588&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(160)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(667)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(113.4)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">748&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">467.5&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other change in capital &amp;
                        surplus</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(220)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">439&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">36&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(659)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(150.1)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">403&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM**</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net
                        change in capital &amp; surplus</font></td>
                    <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">375&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,521&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">703&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,146)</font></td>
                    <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(75.3)</font></td>
                    <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">818&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">116.4&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="42" style="padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">*Includes premiums and annuity
                        and supplementary contract considerations.</font></td>
                  </tr>
                  <tr>
                    <td colspan="42" style="padding:2px 1pt 2px 16pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">**Not
                        meaningful</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Selected Operating Performance Measures</font></div>
            <div style="margin-bottom:11pt;margin-top:11pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:98.809%" id="z1fe1496aef7e4af8b0397305a76dcb44">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:22.996%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.743%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.553%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.743%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.553%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.743%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.553%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.743%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.553%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:7.484%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.553%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.743%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.553%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:7.487%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year ended December&#160;31,</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                        (decrease) and % change</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                        (decrease) and % change</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2018</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020 - 2019</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019 - 2018</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Individual
                        Annuities</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Deposits</font></td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,474&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,135&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,318&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,661)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(21.9)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">817&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7.2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">In-force</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">131,228&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">126,936&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">118,602&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,292&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3.4&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,334&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7.0&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Deposits and in-force amounts in the table above are for direct and
                assumed business. Deposits reflect amounts collected on both new and renewal business. In-force represents account values of the annuity contracts for our fixed, fixed-indexed, variable, and variable-indexed annuity contracts. In 2020,
                sales of fixed-indexed annuities were lower than the prior year due to impacts of product changes due to the low interest rate environment and social distancing constraints. This was partially offset by higher variable-indexed annuity sales
                for the Index Advantage suite of products driven by the market environment and a 2020 sales promotion. In 2019, sales of the variable-indexed annuity were higher than the prior year due to a sales promotion related to the new Allianz Index
                Advantage Income</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#174;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> product. This was partially offset by lower sales of the fixed-indexed annuity products due to the product changes made in 2019 in response to the continued low interest rate environment. </font></div>
            <div style="height:63pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><br>
                </div>
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Selected Financial Data and Management's Discussion and
                    Analysis</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 8 of 23</font></div>
                <div style="text-align:center"><br>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:45pt;width:100%">
              <div><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Change in Key Market Factors</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Our Individual Annuities segment is impacted by various market
                impacts which are summarized below:</font></div>
            <div style="margin-bottom:11pt;margin-top:11pt;padding-left:2.25pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.107%" id="z4d899515bde24f98a5467a18eb4d86a1">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:26.677%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.713%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.550%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.713%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.550%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.713%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.550%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.713%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.550%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.871%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Year ended December&#160;31,</font></div>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% change</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2018</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020 - 2019</font></div>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019 - 2018</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stock Index</font></div>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">
                      <div style="margin-bottom:2pt;padding-left:9pt;padding-right:2.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">S&amp;P 500</font></div>
                    </td>
                    <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16.26%</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28.88%</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6.24)%</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(12.62)%</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">35.12%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top">
                      <div style="margin-bottom:2pt;padding-left:9pt;padding-right:2.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">NASDAQ 100</font></div>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">47.58%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37.96%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1.04)%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9.62%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39.00%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">
                      <div style="margin-bottom:2pt;padding-left:9pt;padding-right:2.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">BUDBI</font></div>
                    </td>
                    <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9.08%</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13.23%</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(0.88)%</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4.15)%</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14.11%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="margin-bottom:2pt;padding-left:9pt;padding-right:2.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">BUDBI II</font></div>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.15%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14.05%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.40%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7.90)%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13.65%</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:11pt;margin-top:11pt;padding-left:2.25pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.107%" id="z6adeb10407d74aa789483394213dd777">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:26.677%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.713%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.550%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.713%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.550%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.713%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.550%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.713%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.550%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.871%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">As of December&#160;31,</font></div>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Basis&#160;point&#160;(bps)&#160;change</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2018</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020- 2019</font></div>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019 - 2018</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest Rates</font></div>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">
                      <div style="margin-bottom:2pt;padding-left:9pt;padding-right:2.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">LIBOR 10yr</font></div>
                    </td>
                    <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.93%</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.90%</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.71%</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(97bps)</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(81bps)</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top">
                      <div style="margin-bottom:2pt;padding-left:9pt;padding-right:2.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">LIBOR 20yr</font></div>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.32%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.07%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.83%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(75bps)</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(76bps)</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2020</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Compared to</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2019 </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Overview</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Individual Annuities segment net
                change in capital and surplus was favorable, but decreased compared to the prior year primarily driven by less favorable equity market movements in 2020 resulting in lower realized hedging gains, unrealized hedging losses, and a recapture
                of a fixed-index reinsurance agreement.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Income</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Premium and annuity considerations</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Premium and annuity considerations
                decreased primarily due to lower fixed-indexed annuity sales due to product changes made in response to the continued low interest rate environment and social distancing constraints, and lower traditional variable annuity sales driven by
                product changes. This was partially offset by higher variable-indexed annuity premium driven by a 2020 sales promotion.</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Ceded reinsurance reserve and expense adjustments:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Ceded
                reinsurance reserve and expense adjustments decreased primarily due to impacts from a fixed-indexed ceded reserve recapture that was completed in 2020.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Fees from separate accounts</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Fees from separate accounts decreased primarily due to
                lower average separate account assets as a result of outflows due to policyholder activity and negative equity market impacts in early 2020. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other income: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Other income increased primarily due to an increase in derivative income on interest rate swaps that hedge variable annuities and amortization of the deferred hedge liability under
                SSAP No. 108.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Benefits and Other Expenses</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in aggregate reserves:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Change in aggregate reserves increased primarily due to
                a change in presentation of assets and liabilities relating to the variable-indexed product in 2019. In 2019, the Company transferred assets from the general account the separate account to align with state product filing requirements, and
                the reserve decrease is completely offset in Net transfers to(from) separate accounts. </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> In addition, variable annuity
                reserves increased in 2020 driven by overall net growth in the variable-index annuity block of business. This was partially offset by the decrease of the fixed-index annuity reserves driven by lower index credits as a result of the less
                favorable equity market increase and lower fixed-indexed annuity premiums due to the decrease in production.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">General and administrative and commission:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">General, administrative
                and commission expense decreased primarily due to a decrease in commissions expense as a result of lower premium as discussed above. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net transfers to (from) separate accounts: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;"> </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net transfers to (from) separate accounts decreased driven by the aforementioned presentation of assets and liabilities for variable-indexed annuities change referenced in the Change in aggregate reserves. The
                decrease in Net transfers to (from) separate accounts was partially offset by lower policyholder activity. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Income tax expense (benefit)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Income tax expense is driven by a federal income tax expense in 2020 due to impacts from hedging losses.</font></div>
            <div style="height:63pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><br>
                </div>
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Selected Financial Data and Management's Discussion and
                    Analysis</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 9 of 23</font></div>
                <div style="text-align:center"><br>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:45pt;width:100%">
              <div><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net realized capital gain (loss): </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net realized capital gains decreased due to lower gains on derivatives used to economically hedge the Company's product liabilities as a result of a lower
                increase in equity markets, as well as unfavorable investment results due to impairments.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Capital and Surplus</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in unrealized capital gain (loss): </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Unrealized capital losses are primarily due to negative hedging results on fixed-indexed annuities and variable-indexed annuities.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other change in capital and surplus:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Other change in capital and surplus decreased primarily due to a </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">fixed-indexed ceded reserve recapture that was completed in 2020</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2019 Compared to</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2018 </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Overview</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Individual Annuities segment net change in capital and surplus
                increase was primarily driven by positive equity market movements resulting in realized hedging gains, a new reinsurance agreement covering certain fixed-indexed annuities, and an increase in premiums and annuity considerations. This was
                partially offset by an increase in policyholder benefits and surrenders.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Income</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Premium and annuity considerations</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Premium and annuity considerations increased primarily due to higher variable-indexed annuity premium driven by a 2019 sales promotion. This was partially offset by lower
                fixed-indexed annuity sales due to product changes made in response to the continued low interest rate environment and lower traditional variable annuity sales also driven by product changes.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net investment income: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net investment income increased due an increase in fixed-indexed average invested assets.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Ceded reinsurance reserve and expense adjustments:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Ceded reinsurance reserve and expense adjustments increased primarily due to new reinsurance agreements entered into in 2019.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Fees from separate accounts</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Fees from separate accounts decreased primarily due to lower average separate account assets as a result of outflows due to policyholder activity and negative equity market impacts in late 2018. The
                2018 equity market downturn resulted in lower average assets under management throughout 2019.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other income:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Other income decreased primarily due to a decrease in derivative income on interest rate swaps that hedge changes in cash flows for variable annuities.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Benefits and Other Expenses</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Policyholder benefits and surrenders</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Policyholder benefits and surrenders increased primarily due to an increase in fixed-indexed annuity surrenders driven by policyholder activity, and are impacted by the
                surrender period of the underlying annuity contract.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in aggregate reserves:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Change in aggregate reserves decreased primarily due to a change in presentation of assets and liabilities relating to the variable-indexed product in 2019. The Company transferred assets from the
                general account to the separate account to align with state product filing requirements. The change is completely offset in Net transfers to (from) separate accounts. This was partially offset by the growth of the fixed-index annuity
                reserves driven by higher index credits as a result of the year over year equity market increase partially offset by lower fixed-indexed annuity premiums due to the decrease in production.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">General and administrative and commission:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> General, administrative and commission expense increased primarily due to an increase in commissions expense as a result of higher premium as discussed above. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net transfers to (from) separate accounts: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net transfers to (from) separate accounts increase is driven by afore mentioned 2019 presentation of assets and liabilities for variable-indexed annuities change referenced
                in the Change in aggregate reserves. The increase in Net transfers to (from) separate accounts was partially offset by higher policyholder withdrawals.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Income tax expense (benefit)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Income tax expense is driven by a federal income tax expense in 2019 due to impacts from hedging gains.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net realized capital gain (loss): </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net realized capital gains increased due to gains on derivatives used to economically hedge the Company's product liabilities as a result of an increase in equity markets.</font></div>
            <div style="height:63pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><br>
                </div>
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Selected Financial Data and Management's Discussion and
                    Analysis</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 10 of 23</font></div>
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              </div>
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            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Capital and Surplus</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in unrealized capital gain (loss): </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Unrealized capital gains are primarily due to positive hedging results on fixed-indexed annuities.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other change in capital and surplus:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Other change in capital and surplus increased due to a new reinsurance agreement covering certain fixed-indexed annuities and an increase in deferred income taxes. This was
                offset by an increase in AVR that decreased capital and surplus due to the growth of the Company's investment portfolio. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Life</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Segment Results of Operations</font></div>
            <div style="margin-bottom:11pt;margin-top:11pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:98.958%" id="z9fe36f35b850437196b8990a7b74eeb4">

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                    <td style="width:9.576%"><br>
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                    <td style="width:9.576%"><br>
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                    <td style="width:1.0%"><br>
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                    <td style="width:9.576%"><br>
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                    <td style="width:7.922%"><br>
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                    <td style="width:9.576%"><br>
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                    <td style="width:0.1%"><br>
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                    <td style="width:0.1%"><br>
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                    </td>
                    <td style="width:7.932%"><br>
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                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year ended December&#160;31,</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                        (decrease) and % change</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                        (decrease) and % change</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2018</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020 - 2019</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019 - 2018</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Income:</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Premium and annuity considerations</font></td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,115&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">906&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">816&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">209&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">23.1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">90&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11.0&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net
                        investment income</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">210&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">177&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">158&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">33&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18.6&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">19&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12.0&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ceded reinsurance reserve and
                        expense adjustments</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(16)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">50.0&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">112.5&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other
                        income</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(33.3)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                        income</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,330&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,088&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">958&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">242&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">22.2&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">130&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13.6&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Benefits
                        and other expenses:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Policyholder benefits and
                        surrenders</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">173&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">199&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">96&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(26)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(13.1)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">103&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">107.3&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in
                        aggregate reserves</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">824&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">611&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">658&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">213&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">34.9&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(47)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(7.1)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">General and administrative and
                        commission</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">343&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">258&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">212&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">85&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">32.9&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">46&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21.7&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                        benefits and other expenses</font></td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,340&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,068&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">966&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">272&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">25.5&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">102&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10.6&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Pretax income (loss)</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(10)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(8)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(30)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(150.0)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">28&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">350.0&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income
                        tax expense (benefit)</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">59&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(59)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">59&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net realized capital gain (loss)</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">77&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">131&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(54)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(41.2)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">132&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM*</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net
                        income (loss)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">67&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">92&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(9)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(25)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(27.2)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">101&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM*</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital and
                        Surplus:</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in
                        unrealized capital gain (loss)</font></td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">23&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">130&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(70)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(107)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(82.3)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">200&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">285.7&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other change in capital &amp;
                        surplus</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(8)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(200.0)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">166.7&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net
                        change in capital &amp; surplus</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">86&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">226&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(85)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(140)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(61.9)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">311&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">365.9&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">*Not meaningful</font></div>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Selected Operating Performance Measures</font></div>
            <div style="margin-bottom:11pt;margin-top:11pt;padding-left:2.25pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:98.809%" id="z4b8a63ba4f2c4629ab34787929e01726">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:22.996%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.743%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.553%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.743%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.553%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.743%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.553%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.743%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.553%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:7.484%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.553%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.743%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.553%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:7.487%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year ended December&#160;31,</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                        (decrease) and % change</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                        (decrease) and % change</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2018</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020 - 2019</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019 - 2018</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Life</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">First
                        year and renewal premiums</font></td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,170&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">960&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">864&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">210&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21.9&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">96&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11.1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">In-force</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">50,485&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">42,700&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">37,982&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,785&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18.2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,718&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12.4&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">First year and renewal premiums and in-force amounts in the table
                above are for direct and assumed business. In-force amounts represent life insurance in-force on our FIUL business and certain universal life, and term life business. The continued increase in first year and renewal premiums in 2020, 2019
                and 2018 is a result of continued product enhancements and overall strong product proposition. The movement of in-force, year over year, is primarily driven by policyholder activity. Increases are driven by new business, and decreases are
                driven by policyholder charges, surrenders, and claims.</font></div>
            <div style="height:63pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><br>
                </div>
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Selected Financial Data and Management's Discussion and
                    Analysis</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 11 of 23</font></div>
                <div style="text-align:center"><br>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:45pt;width:100%">
              <div><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2020</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Compared to</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2019 </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Overview</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Life segment net change in capital and
                surplus was favorable, but decreased compared to prior year primarily due to less favorable hedging impacts as a result of the negative equity market performance in early 2020. This was partially offset by an increase in policy charges as a
                result of a growing block of business and a lower income tax expense in 2020.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Income</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Premium and annuity considerations</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Premiums and annuity considerations
                increased as a result of an increase in first year and renewal premiums due to a growing block of business. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net investment income:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net investment income increased primarily due to an
                increase in Life average invested assets.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Benefits and Other Expenses</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Policyholder benefits and surrenders</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Policyholder benefits and surrenders
                decreased primarily due to policyholder surrender activity and partially offset by an increase in death claims. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in aggregate reserves:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Change in aggregate reserves increased due to higher
                premiums and an increase in policy charges as a result of a growing block of business and higher index credit levels as a result of the positive equity market performance after the first quarter of 2020. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">General and administrative and commission:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">General and administrative and
                commission expense increased primarily due to an increase in first year and renewal commissions which is consistent with premium production.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Income tax expense (benefit)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Income tax expense (benefit) is driven by a pre-tax
                items discussed above, and a minimal effective federal tax rate.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net realized capital gain (loss): </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net realized capital gain decreased due to lower hedging gains as a result of negative equity market performance in early 2020. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Capital and Surplus</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in unrealized capital gain (loss):</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Change in unrealized
                capital gain is due to a lower hedging gains as a result of negative equity markets in early 2020. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other change in capital and surplus: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;"> </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Other change in capital and surplus decreased as a result of change in net deferred income taxes as result of hedging impacts.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2019 Compared to Year Ended December&#160;31, 2018
              </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Overview</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Life segment net change in capital and surplus increased
                primarily due to realized and unrealized hedging gains as a result of positive equity market performance and an increase in policy charges as a result of a growing block of business. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Income</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Premium and annuity considerations</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Premiums and annuity considerations increased as a result of an increase in first year and renewal premiums as a result of a growing block of business. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net investment income:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Net investment income increased primarily due to an increase in Life average invested assets.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Ceded reinsurance reserve and expense adjustments: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Ceded reinsurance reserve and expense adjustments increased as a result of prior year changes in ceded modified coinsurance reserves on certain Life products, with minimal changes
                in the current year.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Benefits and Other Expenses</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Policyholder benefits and surrenders</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Policyholder benefits and surrenders increased primarily due to policyholder activity in addition to an increase in death claims. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in aggregate reserves:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Change in aggregate reserves decreased due to lower index credit levels as a result of the negative equity market performance in late 2018. This was partially offset by higher premiums and an increase
                in policy charges as a result of a growing block of business. </font></div>
            <div style="height:63pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><br>
                </div>
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Selected Financial Data and Management's Discussion and
                    Analysis</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 12 of 23</font></div>
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              <div><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">General and administrative and commission:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> General and administrative and commission expense increased primarily due to an increase in first year and renewal commissions which is consistent with premium production.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Income tax expense (benefit)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Income tax expense is driven by a federal income tax
                expense in 2019 due to impacts from hedging gains.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net realized capital gain (loss): </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net realized capital gain increased due to hedging gains as a result of positive equity market performance. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Capital and Surplus</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in unrealized capital gain (loss):</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Change in unrealized capital gain is due to an increase in hedging gains as a result of positive equity markets. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other change in capital and surplus: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Other change in capital and surplus increased as a result of change in net deferred income taxes as result of positive hedging impacts.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Legacy</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Segment Results of Operations</font></div>
            <div style="margin-bottom:11pt;margin-top:11pt;padding-left:2.25pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.255%" id="z313e79c65de34f1d9e0ae5112d61efe0">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:23.037%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.544%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.549%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.544%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.549%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.244%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.549%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.944%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.549%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.944%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.549%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.944%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.549%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.505%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year ended December&#160;31,</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                        (decrease) and % change</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                        (decrease) and % change</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2018</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020 - 2019</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019 - 2018</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Income:</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Premium and annuity considerations</font></td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">158&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">154&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">154&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.6&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net
                        investment income</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">123&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">110&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">89&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11.8&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">23.6&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ceded reinsurance reserve and
                        expense adjustments</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(14.3)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other
                        income</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM*</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total income</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">289&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">273&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">250&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.9&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">23&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9.2&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Benefits
                        and other expenses:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Policyholder benefits and
                        surrenders</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">97&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">91&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">76&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6.6&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">19.7&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in
                        aggregate reserves</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">167&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">134&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">184&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">33&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">24.6&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(50)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(27.2)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">General and administrative and
                        commission</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">27&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">29&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">40&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6.9)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(11)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(27.5)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net
                        transfers to (from) separate accounts</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">33.3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total benefits and other
                        expenses</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">289&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">251&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">297&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">38&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15.1&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(46)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(15.5)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Pretax

                        income (loss)</font></td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">22&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(47)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(22)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(100.0)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">69&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">146.8&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income tax expense (benefit)</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">65&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(65)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(100.0)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">63&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM*</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net
                        realized capital gain (loss)</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM*</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 16pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net income (loss)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(43)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(49)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">41&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">95.3&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12.2&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital and
                        Surplus:</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in unrealized capital gain
                        (loss)</font></td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(600.0)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other
                        change in capital &amp; surplus</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">200.0&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">50.0&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 16pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net change in capital &amp;
                        surplus</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(44)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(52)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">39&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">88.6&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15.4&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">*Not meaningful</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="height:63pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><br>
                </div>
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Selected Financial Data and Management's Discussion and
                    Analysis</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 13 of 23</font></div>
                <div style="text-align:center"><br>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:45pt;width:100%">
              <div><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Selected Operating Performance Measures</font></div>
            <div style="margin-bottom:11pt;margin-top:11pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:98.809%" id="zb2e1e93efad04efab118c88947715a17">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:22.996%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.743%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.553%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.743%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.553%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.743%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.553%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.743%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.553%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:7.484%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.553%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.743%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.553%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:7.487%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year ended December&#160;31,</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                        (decrease) and % change</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                        (decrease) and % change</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2018</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020 - 2019</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019 - 2018</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Legacy Products</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="margin-bottom:2pt;padding-left:20.25pt;padding-right:2.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Gross premiums written</font></div>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">257&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">254&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">258&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.6)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">In-force</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,796&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,993&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,101&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(197)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6.6)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(108)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3.5)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Gross premium written in the table above are for direct and assumed
                business. Gross premiums written reflect premiums collected on renewal business. There are no new premiums as these are closed blocks of business. Gross premiums written remained relatively consistent in 2020 and 2019 with small movements
                due to assumed premium and policy restatements which occur in the run off of Legacy products. In-force amounts represent gross life insurance within our Special Markets products. The continued decline in in-force volume is attributable to
                the Legacy segment being a closed block of business.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2020</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Compared to</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2019 </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Overview</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Legacy segment unfavorable pre-tax
                income was driven by higher reserves driven by the 2020 impacts of additional LTC premium deficiency reserves partially offset by favorable change in net LTC claim reserves. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Income</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net investment income:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net investment income increase driven
                by the growth in LTC reserves on the aging block of business.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Benefits and Other Expenses</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Policyholder benefits and surrenders</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Policyholder benefits and surrenders
                increased driven by higher paid claims on the LTC block of business.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in aggregate reserves: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Change in aggregate reserves increased driven by the unfavorable impact due to the additional premium deficiency reserve in 2020 and unfavorable impact of
                higher change in active life reserves. This was partially offset by the favorable impact of net change in claims reserves. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Income tax expense (benefit)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Income tax expense (benefit) is driven by a pre-tax
                items discussed above, and a minimal effective federal tax rate.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2019 Compared to Year Ended December&#160;31, 2018
              </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Overview</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Legacy segment favorable change in pre-tax income was driven by
                lower reserves on future claim reserves driven by the prior period impacts of the additional premium deficiency reserve and establishment of claim administrative expense reserves on the LTC line of business. This was more than offset by a
                higher income tax expense due to the Company's effective tax rate.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Income</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net investment income: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net investment income increase driven by a LTC yield increase due to the growth in reserves on the aging block of business.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Benefits and Other Expenses</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Policyholder benefits and surrenders</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Policyholder benefits and surrenders increased driven by higher paid claims on the the LTC block of business.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in aggregate reserves: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Change in aggregate reserves decreased driven by the favorable impact due to the additional premium deficiency reserve added in 2018 and favorable impacts of net change in claims
                reserves. This was partially offset by negative impact of higher change in active life reserves. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">General and administrative and commission:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> The favorable change in general and administrative and commission is primarily due to the establishment of a claim administrative expense reserve added in 2018 to the
                claim reserves.</font></div>
            <div style="height:63pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><br>
                </div>
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Selected Financial Data and Management's Discussion and
                    Analysis</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 14 of 23</font></div>
                <div style="text-align:center"><br>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:45pt;width:100%">
              <div><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Income tax expense (benefit)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Income tax expense is driven by a federal income tax expense in 2019 due to impacts from hedging gains.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><br>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><br>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><br>
            </div>
            <div style="height:63pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><br>
                </div>
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Selected Financial Data and Management's Discussion and
                    Analysis</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 15 of 23</font></div>
                <div style="text-align:center"><br>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:45pt;width:100%">
              <div><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><br>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><br>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Dividends</font></div>
            <div style="margin-bottom:11pt;margin-top:11pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.107%" id="z36a498bd239a4e40a7f72a24a9d5acdf">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:22.924%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.110%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.550%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.110%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.550%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.110%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.550%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.110%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.550%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.110%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.550%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.110%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.550%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.116%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year ended December&#160;31,</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                        (decrease) and % change</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                        (decrease) and % change</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2018</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020 - 2019</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019 - 2018</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital and
                        Surplus:</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Dividends to parent</font></td>
                    <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(750)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(325)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(425)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">230.8&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(325)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">We are required to meet minimum statutory capital and surplus
                requirements. Our statutory capital and surplus as of December&#160;31, 2020 and 2019, were in compliance with these requirements. The maximum amount of ordinary dividends that can be paid by Minnesota insurance companies to the stockholder
                without prior approval of the Department is subject to restrictions relating to statutory earned surplus, also known as unassigned funds. Unassigned funds are determined in accordance with the accounting procedures and practices governing
                preparation of the statutory annual statement. In accordance with Minnesota Statutes, the Company may declare and pay from its Unassigned surplus cash dividends of not more than the greater of 10% of its prior year-end statutory surplus, or
                the net gain from operations of the insurer, not including realized gains, for the 12-month period ending the 31st day of the next preceding year. Based on these limitations, ordinary dividends of $766 can be paid in 2021 without prior
                approval of the Commissioner of Commerce.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Financial Condition</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Investment Strategy</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Our investment strategy focuses on
                diversification by asset class. We seek to achieve economic diversification, while reducing overall credit and liquidity risks. We attempt to mitigate these credit and liquidity risks by adhering to investment policies that provide
                portfolio diversification on an asset class, creditor, and industry basis, and by complying with investment limitations governed by state insurance laws and regulations, as applicable. We also consider all relevant objective information
                available in estimating the cash flows related to structured securities. We actively monitor and manage exposures, and determine whether any securities are impaired. The aggregate credit risk taken in the investment portfolio is influenced
                by our risk/return preferences, the economic and credit environment, and the ability to manage this risk through liability portfolio management. We also have an asset-liability management strategy to align cash flows and duration of the
                investment portfolio with contractholder liability cash flows and duration. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table presents the investment portfolio at December&#160;31:</font></div>
            <div style="margin-bottom:11pt;margin-top:11pt;padding-left:2.25pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.255%" id="zd0017934b3aa49cfa8466e6689b6db57">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:36.831%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.892%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.549%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.742%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.549%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.892%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.549%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.896%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Carrying
                        value</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of total</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Carrying
                        value</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99,088&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">79.1&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">97,269&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">79.8&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stocks</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">274&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">181&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment in
                        subsidiaries</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,329&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,347&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage loans
                        on real estate</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,634&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12.5&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,217&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11.7&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Real estate</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">69&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">64&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash and cash
                        equivalents</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">910&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.7&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,868&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.5&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Policy loans</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">255&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">234&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative
                        assets</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,114&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.3&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,391&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.0&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other invested
                        assets</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,556&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.8&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,299&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.5&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        cash and invested assets</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">125,229&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">121,870&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Bonds</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Refer to Note 5 of the audited Statutory Financial Statements for
                information regarding the nature of our portfolio of bonds securities. The tables below set forth the amortized cost of the NAIC Securities Valuation Office quality ratings for the Company's bond securities portfolio at December&#160;31, 2020
                and 2019. </font></div>
            <div style="height:63pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><br>
                </div>
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Selected Financial Data and Management's Discussion and
                    Analysis</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 16 of 23</font></div>
                <div style="text-align:center"><br>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:45pt;width:100%">
              <div><br>
              </div>
            </div>
            <div style="margin-bottom:11pt;margin-top:11pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.851%" id="zd925a0c0a7464a50ac2b4109199ac02f">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:37.052%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.803%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.545%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.803%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.545%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.803%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.545%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.804%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair Value</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized
                        Cost</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">64,466&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">55.7&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">55,379&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">55.9&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">47,679&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41.2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40,472&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40.9&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment

                        grade</font></td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">112,145&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">96.9&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">95,851&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">96.8&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,323&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.9&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,982&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.0&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">221&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">232&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Below
                        investment grade</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,565&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.1&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,237&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.2&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">115,710&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99,088&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:11pt;margin-top:11pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.851%" id="zfad5a27c80e44cfc958b5ab4dd10a913">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:37.052%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.803%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.545%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.803%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.545%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.803%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.545%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.804%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair Value</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized
                        Cost</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">65,546&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">61.3&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">59,711&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">61.4&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40,028&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37.5&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36,349&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37.4&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment

                        grade</font></td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">105,574&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">98.8&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">96,060&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">98.8&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,049&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.0&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">992&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.0&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">69&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">150&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">145&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Below
                        investment grade</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,274&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.2&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,209&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.2&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">106,848&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">97,269&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Sub-prime and Alt-A Mortgage Exposure</font></div>
            <div style="text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Sub-prime lending is the origination of loans to customers with weaker credit profiles. Due to the
                high quality of our mortgage-backed securities, and the lack of sub-prime loans in the securities, we do not have a material exposure to sub-prime or Alt-A mortgages in those holdings. Alt-A loans are defined as any security backed by
                residential mortgage collateral which is not clearly identifiable as prime or sub-prime.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Commercial Mortgage-backed, Residential
                Mortgage-backed, and Asset-backed Securities </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Commercial mortgage-backed securities (CMBS) represent pools of
                commercial mortgages that are broadly diversified across property types and geographical areas. The following table summarizes our exposure to CMBS holdings by NAIC classes and vintage year as of December&#160;31:</font></div>
            <div style="margin-bottom:11pt;margin-top:11pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.553%" id="z088b95b9d7074078937f99e90064fb01">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:18.780%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.399%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.399%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:18.780%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.399%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.402%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="24" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of total
                        CMBS</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Vintage</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,234&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99.5&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2020</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">335&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.0&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2019</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,607&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14.2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">47&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.4&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2018</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,845&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16.3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2017</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,627&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14.4&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2016 and prior</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,883&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">52.1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,297&#160;</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,297&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:11pt;margin-top:11pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.553%" id="z10a66ce144ae469690eae7cb41a2df71">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:18.780%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.399%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.399%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:18.780%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.399%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.402%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="24" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of total
                        CMBS</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Vintage</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,351&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2019</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,519&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13.4&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2018</font></td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,806&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15.9&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2017</font></td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,752&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15.4&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2016</font></td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,832&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16.1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2015 and prior</font></td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,447&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39.2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,356&#160;</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,356&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="height:63pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><br>
                </div>
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Selected Financial Data and Management's Discussion and
                    Analysis</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 17 of 23</font></div>
                <div style="text-align:center"><br>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:45pt;width:100%">
              <div><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Asset backed security (ABS) holdings consist primarily of aircraft
                leases, credit card receivables and other asset-backed securities that meet specific criteria, such as credit quality, insurance requirements, or limits on these types of investments. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table summarizes our exposure to other ABS holdings by
                NAIC classes and vintage year as of December&#160;31: </font></div>
            <div style="margin-bottom:11pt;margin-top:11pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.553%" id="z941c2a9b8d044f0e92b17201a508c163">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:18.780%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.399%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.399%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:18.780%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.399%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.402%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="24" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of total
                        other ABS</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Vintage</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,883&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">70.6&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2020</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">758&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18.6&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">976&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23.9&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2019</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,264&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30.9&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">74&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.8&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2018</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,094&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26.8&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">134&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.3&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2017</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">302&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.4&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.4&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2016 and prior</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">667&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16.3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,085&#160;</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,085&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:11pt;margin-top:11pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.553%" id="z3a108eee48834adeacc8d988afc43b13">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:18.780%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.399%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.399%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:18.780%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.399%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.402%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="24" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of total
                        other ABS</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Vintage</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,460&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">81.1&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2019</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,189&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39.2&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">529&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17.4&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2018</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">926&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30.5&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.5&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2017</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">251&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8.3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2016</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">179&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.9&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2015 and prior</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">489&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16.1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,034&#160;</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,034&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Non-agency residential mortgage-backed securities (NA RMBS) are backed by pools of
                residential mortgage loans made to non-prime borrowers, diversified across geographies.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table summarizes our exposure to NA RMBS holdings by
                NAIC classes and vintage year as of December&#160;31:</font></div>
            <div style="margin-bottom:11pt;margin-top:11pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.553%" id="zfae7c56f8c234b33974eb508c5cabe09">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:18.780%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.399%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.399%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:18.780%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.399%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.402%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="24" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of total
                        NA RMBS</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Vintage</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">222&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">95.3&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2020</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2019</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.7&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2018</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.7&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2017</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2016 and prior</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">233&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.3&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">233&#160;</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">233&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:11pt;margin-top:11pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.553%" id="zb646495cadff4f9582e5345311bfe0a3">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:18.780%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.399%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.399%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:18.780%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.399%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.402%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="24" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of total
                        NA RMBS</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Vintage</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">291&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">95.8&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2019</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.3&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.3&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2018</font></td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.3&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.0&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2017</font></td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.3&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2016</font></td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2015 and prior</font></td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">302&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99.4&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.3&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">304&#160;</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">304&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="height:63pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><br>
                </div>
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Selected Financial Data and Management's Discussion and
                    Analysis</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 18 of 23</font></div>
                <div style="text-align:center"><br>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:45pt;width:100%">
              <div><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Unrealized investment losses of bonds, for investment grade (NAIC
                classes 1-2) and below investment grade (NAIC classes 3-6) securities by duration are as follows at December&#160;31: </font></div>
            <div style="margin-bottom:11pt;margin-top:11pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.702%" id="z4fcc932217f04b58a477d5f46b420583">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:41.138%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.780%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.546%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.780%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.546%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.780%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.546%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.784%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Investment
                        Grade</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Below
                        Investment Grade</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Twelve months or
                        less below carrying value</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">66&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">58.8&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27.6&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">More than twelve
                        months below carrying value</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9.3&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.3&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">76&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">68.1&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31.9&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:11pt;margin-top:11pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.702%" id="z88f0ebbc7f9b4aa493ff101d1add69d2">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:41.138%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.780%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.546%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.780%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.546%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.780%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.546%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.784%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Investment
                        Grade</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Below
                        Investment Grade</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Twelve months or
                        less below carrying value</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">44.2&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.1&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">More than twelve
                        months below carrying value</font></td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40.0&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8.7&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">80&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">84.2&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15.8&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Note 5 of the audited Statutory Financial Statements for
                additional disclosures in regards to unrealized investment losses of bonds, December&#160;31. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Other-than-temporary impairments, by market sector, for impairments
                included in the Statutory Statements of Operations, were as follows at December&#160;31: </font></div>
            <div style="margin-bottom:11pt;margin-top:11pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.702%" id="zfd009569c8e341a8a9b2b38f580a340b">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:41.138%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.780%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.546%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.780%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.546%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.780%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.546%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.784%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Impairment</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">No. of
                        Securities</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Impairment</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">No. of
                        Securities</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Partnerships</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Commercial
                        mortgage loans</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Corporate
                        securities</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">254&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">83&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">289&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">85&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Refer to Note 6 of the audited Statutory Financial Statements for
                information regarding the fair value and fair value hierarchy level of our financial instruments. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Mortgage Loans on Real Estate</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Note 5 of the audited Statutory Financial Statements and
                Schedules for information regarding Mortgage Loans on Real Estate.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Loan-to-value (LTV) and debt service coverage (DSC) ratios are common
                measurements used to assess the risk and quality of mortgage loans. The LTV ratio, calculated at the time of origination, is the percentage of the loan amount relative to the value of the underlying property. The DSC ratio, based upon the
                most recently received financial statements from the debtor, is calculated as the amount of the property&#8217;s net income divided by the debt service payments.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Note 5 of the audited Statutory Financial Statements for
                additional information relating to LTV and DSC ratios.</font></div>
            <div style="height:63pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><br>
                </div>
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Selected Financial Data and Management's Discussion and
                    Analysis</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 19 of 23</font></div>
                <div style="text-align:center"><br>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:45pt;width:100%">
              <div><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Properties collateralizing mortgage loans are geographically
                dispersed throughout the United States as follows at December&#160;31:</font></div>
            <div style="margin-bottom:11pt;margin-top:11pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.702%" id="z66b646aa9964448a83c24e85eb66ef84">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:31.885%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.362%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.546%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.825%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.546%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.362%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.546%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.828%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross
                        Carry Value</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross
                        Carry Value</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage loans
                        by region</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">East
                        North Central</font></td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,244&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8.0&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,323&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9.3&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">East
                        South Central</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">375&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.4&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">323&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Middle

                        Atlantic</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,249&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8.0&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,174&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8.3&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mountain</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,506&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9.6&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,122&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.9&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">New
                        England</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">652&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">721&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Pacific</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,258&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27.2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,143&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29.1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">South
                        Atlantic</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,599&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23.0&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,188&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22.4&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">West
                        North Central</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">674&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">676&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.8&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">West
                        South Central</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,314&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8.4&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,058&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.4&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total

                        commercial mortgage loans</font></td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,871&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">95.1&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13,728&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">96.6&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total

                        residential mortgage loans</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">763&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.9&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">489&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.4&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total

                        mortgage loans</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,634&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,217&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Properties collateralizing commercial mortgage loans are diversified
                by property type are as follows at December&#160;31:</font></div>
            <div style="margin-bottom:11pt;margin-top:11pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.702%" id="zbf898c008af242d59808eb33f3708004">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:26.810%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.362%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.546%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.362%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.546%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.362%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.546%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.366%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross
                        Carry Value</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross
                        Carry Value</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage loans
                        by property type</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Industrial</font></td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,182&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21.4&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,733&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19.9&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Retail</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,765&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18.6&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,749&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20.0&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Office</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,771&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">32.1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,657&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33.9&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Apartments</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,153&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27.9&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,589&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26.2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,871&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13,728&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Liquidity and Capital Resources</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Overview</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company&#8217;s liquidity requirements are generally met through funds
                provided by investment income, receipt of insurance premiums, M&amp;E fees and benefit rider income, maturities and sales of investments, reinsurance recoveries, and capital contributions from Allianz SE, as needed.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has access to funding through securities lending under
                which the Company lends bonds and receives cash collateral and short term securities in an amount in excess of the fair value of the securities loaned. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company is a member of the Federal Home Loan Bank (FHLB) of Des
                Moines, which provides access to collateralized borrowings.&#160; Funding from the FHLB is collateralized with bonds from the Company&#8217;s general account investment portfolio. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Reinsurance may play a key role in funding the Company&#8217;s continued
                growth, and may be utilized for any product for which there is significant uncertainty related to future claims experience. Moreover, the Company is generally risk adverse for its smaller lines of business, and predictability of future
                profitability takes precedence over retaining a large percentage of risk. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company does not utilize the capital markets as a source of
                capital. Should the need for capital arise, the Company may obtain capital contributions from Allianz SE as an alternative source of funding. If capital infusions are deemed necessary, the Company obtains prior approval by the Department,
                as appropriate.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The primary uses of funds are policy benefits, commissions, other
                product-related acquisition costs, investment purchases, operating expenses, and dividends to AZOA. The Company routinely reviews its sources and uses of funds in order to meet its ongoing obligations. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><br>
            </div>
            <div style="height:63pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><br>
                </div>
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Selected Financial Data and Management's Discussion and
                    Analysis</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 20 of 23</font></div>
                <div style="text-align:center"><br>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:45pt;width:100%">
              <div><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Financial Ratings and Strength</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.85pt;">Standard &amp; Poor&#8217;s&#160;&#160;&#160;&#160;AA (Very Strong)</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Moody&#8217;s&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;A1 (Good)</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">AM Best&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;A+ (Superior)</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Financial strength ratings are based upon an independent review of
                the Company, its ultimate parent (Allianz SE), subsidiaries, and the industry in which the Company operates. Each rating agency assigns ratings based on an independent review and takes into account a variety of factors to arrive at its
                final rating. Ratings are subject to change and there can be no assurance that the ratings afforded to the Company in the future will be consistent with historical ratings. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Cash Flows</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table sets forth information from our Statutory
                Statements of Cash Flows for the years ended December&#160;31:</font></div>
            <div style="margin-bottom:11pt;margin-top:11pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%" id="z2f0bb5bc497547409df91652efcc9307">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:45.328%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.013%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.544%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.013%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.544%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.013%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.545%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2018</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net cash
                        provided by operating activities</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,701&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,511&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,951&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net cash (used in) provided by investing
                        activities</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3,240)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">955&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(9,144)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net cash used in
                        financing and miscellaneous activities</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,419)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,524)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,214)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 21.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net change in cash, cash
                        equivalents, and short-term investments</font></td>
                    <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(958)</font></td>
                    <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">942&#160;</font></td>
                    <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(407)</font></td>
                    <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">We have the funds necessary to meet the capital requirements of all
                states in which we do business, and to support our operations.</font></div>
            <div style="text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The increase in net cash provided by operating activities in 2020 as compared to 2019 is primarily due
                to lower net transfers to separate accounts in 2020 compared to 2019, as a result of the one-time transfer in 2019 mentioned below. The decrease was offset by an increase in variable-indexed premiums due to a 2020 sales promotion. </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The decrease in net cash provided by operating activities in 2019 as compared to 2018 is primarily due to a
                change in presentation of assets and liabilities relating to variable-indexed products in 2019. The Company transferred assets from the general account to the separate account to align with state product filing requirements. The decrease
                was also driven by higher surrenders and loss-related payments and partially offset by an increase in variable-indexed premiums due to a 2019 sales promotion.</font></div>
            <div style="text-align:justify"><br>
            </div>
            <div style="text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The decrease in the net cash provided by investing activities in 2020 compared to 2019 was driven by
                transfers of assets from the separate account in 2019 and lower proceeds from hedging results driven by market impacts. </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The increase in net cash provided by investing activities activities in 2019 as compared to 2018 is driven by the transfer of assets to the separate account and higher proceeds from positive hedging results. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The decrease in net cash used in financing
                and miscellaneous activities was due to net decrease in securities lending payables, partially offset by an increase in divdends to AZOA in 2020. In 2019, the increase in net cash used in financing and miscellaneous activities is primarily
                due to an increase in 2019 dividend payment and partially offset by the net decrease in securities lending payables. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Risk-Based Capital</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Note 17 of the audited Statutory Financial Statements for
                information regarding the Risk-Based Capital (RBC). The Company's RBC ratio significantly exceeds required minimum thresholds as of December&#160;31, 2020 and 2019. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Commitments</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table summarizes certain contractual obligations and
                the Company&#8217;s expected commitments based on policyholder behavior assumptions by period as of December&#160;31, 2020:</font></div>
            <div style="margin-bottom:11pt;margin-top:11pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.553%" id="zcec44b4c797c499a9130c3d368cec7b6">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:26.403%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.801%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.801%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.801%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.801%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.547%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.805%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">In 1 year</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">After 1 year</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">After 3 years</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">After</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">or less</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">up to 3 years</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">up to 5 years</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">5 Years</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Payments due</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Policyholder

                        liabilities</font></td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">146,476&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,869&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17,265&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17,640&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">102,702&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage

                        notes payable</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Operating

                        leases</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        payments due</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">146,519&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,880&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17,289&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17,648&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">102,702&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

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                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><br>
                </div>
                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Selected Financial Data and Management's Discussion and
                    Analysis</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 21 of 23</font></div>
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              <div><br>
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            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Policyholder liabilities include estimated claim and benefit, policy
                surrender and commission obligations offset by expected future deposits and premiums on in-force insurance policies and investment contracts in the Individual Annuities and Life segments. We have excluded the separate account liabilities as
                these obligations are legally insulated from general account obligations and will be fully funded by cash flows from separate account assets. The obligations have not been discounted to present value. Estimated claim and benefit obligations
                are based upon mortality, morbidity and lapse assumptions comparable to historical experience. The results are based on assuming market growth and interest crediting consistent with other valuation assumptions. In contrast to this table,
                the majority of our obligations are recorded on the Balance Sheets at current account values or other prescribed measurements that are not directly related to liability cash flows. These obligations do not incorporate an expectation on
                future market growth, interest crediting, or future deposits. Therefore, due to the significance of the assumptions used, the amounts presented could materially differ from actual results.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Mortgage notes payable includes contractual principal and interest
                payments and therefore exceeds the amount shown in the Balance Sheet. See Note 7 of the audited Statutory Financial Statements for additional information.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Contingencies</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Note 21 of the audited Statutory Financial Statements for
                information regarding contingencies.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Off-Balance Sheet Arrangements</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company does not have any off-balance sheet transactions,
                arrangements or other relationships that management believes would be reasonably likely to have a material effect on the Company&#8217;s liquidity or the requirements for capital resources.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company utilizes exchange-traded futures to economically hedge
                certain product liabilities. Under this kind of transaction, the Company agrees to purchase a specified number of contracts and settles the variation margin with the counterparty on a daily basis in an amount equal to the change in the
                market value of the underlying contracts from the close of the previous trading day. The parties with whom the Company enters into the exchange-traded futures contracts are regulated futures commission&#8217;s merchants who are members of a
                trading exchange.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company is exposed to credit-related losses in the event of
                non-performance by counterparties under the terms of the futures contracts. The Company minimizes counterparty credit risk by establishing relationships only with counterparties rated BBB+ and higher. Given the credit ratings of the
                counterparties with which the Company transacts, the Company does not expect any counterparties to fail to meet their obligations. The Company has also executed Credit Support Annex (CSA) agreements with all active counterparties and
                requires a CSA from all new counterparties added to the Company&#8217;s counterparty pool. The CSA agreements further limit the Company&#8217;s counterparty credit risk by requiring the counterparty to post collateral to a segregated custodial account
                based on the net exposure to the Company. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As the Company&#8217;s futures transactions are executed through a
                regulated exchange, positions are marked-to-market and settled on a daily basis, and collateral is posted prior to execution of a transaction. The Company has minimal exposure to credit-related losses in the event of non-performance. The
                Company is required to post collateral for any futures, options and swap contracts that are executed. The amount of collateral required is determined by the exchange on which the contract is traded. Refer to Note 5 in the audited Statutory
                Financial Statements for additional information regarding derivative collateral posted. </font></div>
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                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Selected Financial Data and Management's Discussion and
                    Analysis</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 22 of 23</font></div>
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            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Item&#160;11(j).</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Quantitative and Qualitative Disclosures about Market Risk</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Market risk is the risk of the loss of fair value resulting from
                adverse changes in market rates and prices, such as interest rates and equity prices. Market risk is directly influenced by the volatility and liquidity in the markets in which the related underlying financial instruments are traded.
                Reference Note 4 of the audited Statutory Financial Statements for additional details on how we mitigate our market exposure risk and our overall risk management practices. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Sensitivity Analysis</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">To assess the impact of changes in interest rate and equity markets,
                we perform sensitivity tests. Sensitivity tests measure the instantaneous impact of a single hypothetical interest rate or equity price change on our income, or fair value of an asset or liability, while holding all other rates or prices
                constant. To assess interest rate risk, we perform a sensitivity test which instantaneously shocks interest rates across all maturities by a hypothetical 50 bps. To assess equity risk, we perform a sensitivity test which instantaneously
                shocks all equity prices by a hypothetical 15%.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Interest Rate Risk</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">One means of assessing exposure to interest rate changes is to
                measure the potential change in the statutory value of an asset due to a hypothetical change in interest rates of 50 bps across all maturities. We noted that under this model, with all other factors remaining constant, a 50 bps increase in
                interest rates would cause our post-tax income to decrease by $89 as of December&#160;31, 2020.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">We also examined the impact on post-tax income due to a hypothetical
                decrease in interest rates of 50 bps across all maturities. Under this model, with all other factors being constant, we estimated that such a decline would cause our post-tax income to increase by $28 as of December&#160;31, 2020. Note that the
                impacts referenced reflect the net of economic hedge impact and does not include economic impact related to our fixed-income investment portfolio or economic changes in reserve calculations.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Equity Market Risk</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">One means of assessing exposure to changes in equity market prices is
                to estimate the potential changes in post-tax income from a hypothetical change in equity market prices of 15%. Under this model, with all other factors constant, we estimated that a decrease in equity market prices would cause our post-tax
                income to decrease by $598, while an increase in equity market prices would cause our post-tax income to increase by $371 based on our equity exposure as of December&#160;31, 2020. Note that the impacts referenced reflect the net of economic
                hedge impact and does not include economic impact related to our fixed-income investment portfolio or economic changes in reserve calculations.</font></div>
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                <div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Selected Financial Data and Management's Discussion and
                    Analysis</font></div>
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 23 of 23</font></div>
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            <div style="min-height:72pt;width:100%">
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            <div style="margin-bottom:6pt;margin-top:237pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:700;line-height:120%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
            <div style="margin-bottom:6pt;margin-top:12pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:400;line-height:120%">Statutory Financial Statements</font></div>
            <div style="margin-bottom:6pt;margin-top:12pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:400;line-height:120%">December&#160;31, 2020 and 2019</font></div>
            <div style="margin-bottom:6pt;margin-top:12pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:400;line-height:120%">(With Report of Independent Auditors Thereon)</font></div>
            <div style="margin-bottom:6pt;margin-top:12pt;text-align:center"><br>
            </div>
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            <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font></div>
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            <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> &#160;&#160;&#160;&#160;</font></div>
            <div style="text-align:center"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 115%;">Report of Independent Auditors</font></div>
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            <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 115%;">To the Board of Directors of Allianz Life Insurance Company of North America:</font></div>
            <div><br>
            </div>
            <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 115%;">We have audited the accompanying statutory financial statements of Allianz Life Insurance Company of North America, which
                comprise the statutory statements of admitted assets, liabilities, and capital and surplus as of December 31, 2020 and 2019, and the related statutory statements of operations, capital and surplus, and of cash flow for the years then ended.
              </font></div>
            <div><br>
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            <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 115%;">Management&#8217;s Responsibility for the Financial Statements</font></div>
            <div><br>
            </div>
            <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 115%;">Management is responsible for the preparation and fair presentation of the financial statements in accordance with the accounting
                practices prescribed or permitted by the Minnesota Department of Commerce. Management is also responsible for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial
                statements that are free from material misstatement, whether due to fraud or error.</font></div>
            <div><br>
            </div>
            <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 115%;">Auditors&#8217; Responsibility</font></div>
            <div><br>
            </div>
            <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 115%;">Our responsibility is to express an opinion on the financial statements based on our audits. We conducted our audits in
                accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material
                misstatement. </font></div>
            <div><br>
            </div>
            <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 115%;">An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements.
                The procedures selected depend on our judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, we consider internal control
                relevant to the Company's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of
                the Company's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as
                well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.</font></div>
            <div><br>
            </div>
            <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 115%;">Basis for Adverse Opinion on U.S. Generally Accepted Accounting Principles</font></div>
            <div><br>
            </div>
            <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 115%;">As described in Note 2 to the financial statements, the financial statements are prepared by the Company on the basis of the
                accounting practices prescribed or permitted by the Minnesota Department of Commerce, which is a basis of accounting other than accounting principles generally accepted in the United States of America.</font></div>
            <div><br>
            </div>
            <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 115%;">The effects on the financial statements of the variances between the statutory basis of accounting described in Note 2 and
                accounting principles generally accepted in the United States of America, although not reasonably determinable, are presumed to be material.</font></div>
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            <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 115%;">Adverse Opinion on U.S. Generally Accepted Accounting Principles</font></div>
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            <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 115%;">In our opinion, because of the significance of the matter discussed in the &#8220;Basis for Adverse Opinion on U.S. Generally Accepted
                Accounting Principles&#8221; paragraph, the financial statements referred to above do not present fairly, in accordance with accounting principles generally accepted in the United States of America, the financial position of the Company as of
                December 31, 2020 and 2019, or the results of its operations or its cash flows for the years then ended.</font></div>
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            <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 115%;">Opinion on Statutory Basis of Accounting</font></div>
            <div><br>
            </div>
            <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 115%;">In our opinion, the financial statements referred to above present fairly, in all material respects, the admitted assets,
                liabilities and surplus of the Company as of December 31, 2020 and 2019, and the results of its operations and its cash flows for the years then ended, in accordance with the accounting practices prescribed or permitted by the Minnesota
                Department of Commerce described in Note 2.</font></div>
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            <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 115%;">/s/ PricewaterhouseCoopers LLP</font></div>
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            <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 115%;">Minneapolis, MN</font></div>
            <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 115%;">April 2, 2021</font></div>
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            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><br>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><br>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><br>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><br>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><br>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><br>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><br>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><br>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><br>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><br>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><br>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><br>
            </div>
            <div style="height:54pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="zdfbdac23d3d849468ae1ad2f7e67d27c">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
                <div style="margin-bottom:6pt;margin-top:6pt"><br>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="text-align:center"><br>
              </div>
              <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus</font></div>
              <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">December&#160;31, 2020 and 2019</font></div>
              <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data)</font></div>
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.851%" id="z68c61b0145c9426e9863bd9c69fb08a2">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:57.767%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:4.414%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.336%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.545%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.338%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Admitted Assets</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash and
                        invested assets:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99,088&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">97,269&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stocks</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">274&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">181&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment

                        in subsidiaries</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,329&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,347&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage

                        loans on real estate</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,634&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,217&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Real
                        estate</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">69&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">64&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash,

                        cash equivalents and short-term investments</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">910&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,868&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Policy

                        loans</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">255&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">234&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative

                        assets</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,114&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,391&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other

                        invested assets</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,556&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,299&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        cash and invested assets</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">125,229&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">121,870&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment
                        income due and accrued</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,040&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,031&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current federal
                        and foreign income tax recoverable</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">200&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred tax
                        asset, net</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">273&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">224&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other assets</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">745&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">721&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Admitted

                        assets, exclusive of separate account assets</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">127,487&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">123,846&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate account
                        assets</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45,901&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34,638&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        admitted assets</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">173,388&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">158,484&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><br>
            </div>
            <div style="height:54pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z2698c9d0a8734204a06f77ee8c8bb7e2">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="text-align:center"><br>
              </div>
              <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus</font></div>
              <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">December&#160;31, 2020 and 2019</font></div>
              <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data)</font></div>
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.851%" id="zee0c3c6623694e0e9b7f487efa640925">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:57.767%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:4.414%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.336%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.545%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.338%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Liabilities and Capital and Surplus</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Policyholder
                        liabilities:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Life
                        policies and annuity contracts</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">102,549&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100,278&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accident

                        and health policies</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,912&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,743&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deposit-type

                        contracts</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,749&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,936&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Life
                        policy and contract claims</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accident

                        and health policy and contract claims</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other

                        policyholder funds</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">117&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">114&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        policyholder liabilities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">109,353&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">107,098&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest
                        maintenance reserve</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">148&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">General expenses
                        due and accrued</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">157&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">143&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due from
                        separate accounts</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(294)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(626)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current income
                        taxes payable</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">35&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">118&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Borrowed money</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,501&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,002&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Asset valuation
                        reserve</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">983&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">895&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative
                        liabilities</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,262&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,049&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other
                        liabilities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,811&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,065&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Liabilities,

                        exclusive of separate account liabilities</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">119,826&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">115,892&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate account
                        liabilities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45,901&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34,638&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        liabilities</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">165,727&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">150,530&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Capital and
                        surplus:</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 21.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class

                        A, Series A preferred stock, $1 par value. Authorized, issued, and outstanding, 8,909,195 shares; liquidation preference of $2 and $2 at December 31, 2020 and 2019, respectively</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 21.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class A, Series B preferred
                        stock, $1 par value. Authorized, 10,000,000 shares; issued and outstanding, 9,994,289 shares; liquidation preference of $10 and $10 at December 31, 2020 and 2019, respectively</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 21.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common

                        stock, $1 par value. Authorized, 40,000,000 shares; issued and outstanding, 20,000,001 shares at December 31, 2020 and 2019, respectively</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Additional paid-in capital</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,676&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,676&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Special

                        surplus funds</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,844)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Unassigned

                        surplus</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,790&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,239&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        capital and surplus</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,661&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,954&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        liabilities and capital and surplus</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">173,388&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">158,484&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">See accompanying
                        notes to statutory financial statements.</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="height:54pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z4eed97c828da470db77890c25d2bdcb8">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="text-align:center"><br>
              </div>
              <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Statutory Statements of Operations</font></div>
              <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Years ended December&#160;31, 2020, 2019, and 2018</font></div>
              <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions)</font></div>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%" id="zf195294d3e4d471db450365a44a2a0e0">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:49.792%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:2.776%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.780%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.544%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.780%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.544%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.784%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2018</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Premiums

                        and annuity considerations</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,346&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,805&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,925&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Consideration

                        for supplementary contracts</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">196&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">224&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">268&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net
                        investment income</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,864&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,839&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,593&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Commissions

                        and expense allowances on reinsurance ceded</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(38)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">338&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">163&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reserve

                        adjustments related to reinsurance ceded</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(9)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">82&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fees
                        from separate accounts</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">567&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">613&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">676&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">694&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(13)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        income</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,622&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,797&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17,704&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Benefits and
                        other expenses:</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Policyholder

                        benefits</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,926&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,809&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,822&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Surrenders</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,417&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,559&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,614&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change

                        in aggregate reserves and deposit funds</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,465&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,034&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,299&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Commissions

                        and other agent compensation</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,139&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,284&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,223&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">General

                        and administrative expenses</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">600&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">594&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">547&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net
                        transfers to (from) separate accounts</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,460&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,254&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,009)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        benefits and other expenses</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,007&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,534&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,496&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:45pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income (loss) from operations before federal income taxes and net
                          realized capital gain (loss)</font></div>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">615&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">263&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,208&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income tax
                        expense (benefit)</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">773&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(51)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 46pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net
                        (loss) income from operations before net realized capital gain (loss)</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">597&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(510)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,259&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net
                        realized capital gain (loss), net of taxes and interest maintenance reserve</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">142&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,053&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(490)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net
                        income</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">739&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">543&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">769&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">See accompanying
                        notes to statutory financial statements.</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><br>
            </div>
            <div style="height:54pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="zaa936e9ac44a4e9fa0188b33c8143041">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="text-align:center"><br>
              </div>
              <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Statutory Statements of Capital and Surplus</font></div>
              <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Years ended December&#160;31, 2020, 2019, and 2018</font></div>
              <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions)</font></div>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%" id="zf9d3acfbecc74034857effd3295b46e9">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:51.648%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.434%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.610%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.542%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.610%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.542%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.614%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2018</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Capital

                        and surplus at beginning of year</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,954&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,576&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,011&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 21.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change

                        in accounting principle, net of tax (Note 3)</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(86)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 21.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change

                        in reserve on account of change in valuation basis (Note 3)</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">342&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted

                        balance at beginning of year</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,953&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,576&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,267&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net
                        income</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">739&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">543&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">769&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change

                        in unrealized capital gain (loss)</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(61)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">719&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(230)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change

                        in net deferred income tax</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">330&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(121)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change

                        in asset valuation reserve</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(88)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(131)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(38)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividends

                        paid to parent</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(750)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(325)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change

                        in unamortized gain on reinsurance transactions</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(162)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">248&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(76)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other

                        changes in capital and surplus</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(12)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Capital

                        and surplus at end of year</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,661&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,954&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,576&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">See accompanying
                        notes to statutory financial statements.</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><br>
            </div>
            <div style="height:54pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z42a17005d73d4738a5448721aae60bef">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="text-align:center"><br>
              </div>
              <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Statutory Statements of Cash Flow</font></div>
              <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Years ended December&#160;31, 2020, 2019, and 2018</font></div>
              <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.851%" id="z1293ffafd30c425e90b4b4b6fb37bad8">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:60.897%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.545%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:10.822%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.545%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:10.822%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.545%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:10.824%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2018</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash flow from
                        operating activities:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Revenues:</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Premiums

                        and annuity considerations, net</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,543&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13,030&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,194&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net
                        investment income</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,990&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,000&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,652&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Commissions

                        and expense allowances on reinsurance ceded</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">36&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">86&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">86&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fees
                        from separate accounts</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">567&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">613&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">676&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">217&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">71&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">96&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash
                        provided by operating activities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16,353&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18,800&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">17,704&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Benefits

                        and expenses paid:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Benefit

                        and loss-related payments</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,513&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,469&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,404&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net
                        transfers to (from) separate accounts</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,128&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,534&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,305)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Commissions,

                        expenses paid, and aggregate write-ins for deductions</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,727&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,881&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,800&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income

                        tax paid (benefit received), net</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">290&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">338&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(79)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change

                        in unallocated remittances and items</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">67&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(67)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash
                        used in operating activities</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,652&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">17,289&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,753&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net cash
                        provided by operating activities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,701&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,511&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,951&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash flow from
                        investing activities:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Proceeds

                        from investments sold, matured or repaid:</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Bonds</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,935&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15,892&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,476&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Stocks</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">147&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">113&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">172&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Mortgage

                        loans</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,024&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,356&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">617&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other
                        invested assets</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">60&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">32&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Derivatives</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">861&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,429&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Miscellaneous

                        proceeds</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,572&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">559&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash
                        provided by investing activities</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,029&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20,394&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,837&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cost
                        of investments acquired:</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Bonds</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,885&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15,976&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16,310&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Stocks</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">230&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">145&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">175&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Mortgage

                        loans</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,482&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,283&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,111&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Real
                        estate</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other
                        invested assets</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">156&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">192&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">189&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Derivatives</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">547&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Miscellaneous

                        applications</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">485&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">812&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">611&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash
                        used in investing activities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14,248&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">19,419&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">19,952&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net
                        increase in policy loans and premium notes</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">30&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net cash
                        (used in) provided by investing activities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,240)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">955&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(9,145)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash flow from
                        financing and miscellaneous activities:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change

                        in borrowed money</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">500&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">500&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Payments

                        on deposit-type contracts and other insurance liabilities, net of deposits</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,290)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,333)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,250)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Dividends

                        paid to parent</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(750)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(325)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other
                        cash provided (used) </font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">121&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(366)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">37&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net cash
                        used in financing and miscellaneous activities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,419)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,524)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,213)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net
                        change in cash, cash equivalents, and short-term investments</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(958)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">942&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(407)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash, cash
                        equivalents, and short-term investments:</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Beginning

                        of year</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,868&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">926&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,333&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">End
                        of year</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">910&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,868&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">926&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">See accompanying
                        notes to statutory financial statements.</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="height:54pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="zf77b0f74829e499b97e1921f35c429af">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(1)&#160;&#160;&#160;&#160;Organization and Nature of Operations</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Allianz Life Insurance Company of North America
                (the Company) is a wholly-owned subsidiary of Allianz of America, Inc. (AZOA or parent company), which is a wholly-owned subsidiary of Allianz Europe, B.V. Allianz Europe, B.V. is a wholly-owned subsidiary of Allianz SE. Allianz SE is a
                European company registered in Munich, Germany, and is the Company&#8217;s ultimate parent. The Company has a wholly-owned life insurance company subsidiary, Allianz Life Insurance Company of New York (AZNY). The Company also wholly owns a
                captive reinsurer, Allianz Life Insurance Company of Missouri (AZMO). </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company is a life insurance company licensed to
                sell annuity, group and individual life, and group and individual accident and health policies in the United States, Canada, and several U.S.&#160;territories. Based on statutory net premium written, the Company's business is predominately
                annuity. The annuity business consists of fixed-indexed, variable-indexed, variable, and fixed annuities. The life business consists of both individual and group life. Life business includes products with guaranteed premiums and benefits
                and consists principally of fixed-indexed universal life policies and closed blocks of universal life policies, term insurance policies, and limited payment contracts. Accident and health business is primarily comprised of closed blocks of
                long-term care (LTC) insurance. The Company&#8217;s primary distribution channels are through independent agents, broker-dealers, banks, and third-party marketing organizations.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">After evaluating the Company&#8217;s ability to continue
                as a going concern, management is not aware of any conditions or events which raise substantial doubts concerning the Company&#8217;s ability to continue as a going concern as of the date of filing these Statutory Financial Statements. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(2)&#160;&#160;&#160;&#160;Summary of Significant Accounting Policies</font></div>
            <div style="margin-bottom:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(a)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Basis of Presentation</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Statutory Financial Statements have been
                prepared in accordance with accounting practices prescribed or permitted by the Minnesota Department of Commerce (the&#160;Department). The Department recognizes statutory accounting practices prescribed or permitted by the state of Minnesota
                for determining and reporting the financial condition and results of operations of an insurance company and its solvency under Minnesota insurance law. The state of Minnesota has adopted the National Association of Insurance Commissioners
                (NAIC) </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Accounting Practices and Procedures Manual</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> as its prescribed basis of statutory accounting principles (SAP), without significant modification. The Company has no material statutory accounting practices that differ
                from those of the Department or NAIC SAP. These practices differ in some respects from accounting principles generally accepted in the United States of America (U.S. GAAP). The effects of these differences, while not quantified, are
                presumed to be material to the Statutory Financial Statements. The more significant of these differences are as follows: </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(1)&#160;&#160;&#160;&#160;Acquisition costs, such as
                commissions and other costs incurred in connection with acquiring new and renewal business, are charged to current operations as incurred. Under U.S. GAAP, acquisition costs that are directly related to the successful acquisition of
                insurance contracts are capitalized and charged to operations as the corresponding revenues or future profits are recognized.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(2)&#160;&#160;&#160;&#160;Aggregate reserves for
                life policies and annuity contracts, excluding variable annuities, are based on statutory mortality and interest assumptions without consideration for lapses or withdrawals. Under U.S. GAAP, aggregate reserves consider lapses and
                withdrawals.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(3)&#160;&#160;&#160;&#160;Certain reinsurance
                transactions, primarily used for annuity business, are recognized as reinsurance for statutory purposes only. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(4)&#160;&#160;&#160;&#160;Ceded reinsurance
                recoverable are netted against their related reserves within Policyholder liabilities, Life policies and annuity contracts and Life policy and contract claims, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and
                Surplus. Under U.S. GAAP, these ceded reserves are presented on a gross basis as an asset.</font></div>
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            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
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              <div style="margin-bottom:3pt;text-align:center"><br>
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              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(5)&#160;&#160;&#160;&#160;The Company reinsures a
                portion of its in-force block of business through several reinsurance agreements. Under NAIC SAP, the after-tax gains associated with these indemnity reinsurance transactions are recorded in Unassigned surplus and recognized through income
                as future earnings of the books of business emerge. Under U.S. GAAP, the pretax gains associated with such transactions that qualify as reinsurance, are deferred as liabilities and are amortized into operations over the revenue-producing
                period of the policies.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(6)&#160;&#160;&#160;&#160;Bonds are carried at
                values prescribed by the NAIC, generally amortized cost, except for those with an NAIC rating of 6, which are reported at the lower of amortized cost or fair value. Under U.S. GAAP, bonds classified as &#8220;available-for-sale&#8221; are carried at
                fair value, with unrealized gains and losses recorded in stockholder&#8217;s equity.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> (7)&#160;&#160;&#160;&#160;Changes in deferred
                income taxes are recorded directly to Unassigned surplus. Under U.S. GAAP, these items are recorded as an item of income tax benefit or expense in operations. Moreover, under NAIC SAP, a valuation allowance may be recorded against the
                deferred tax asset (DTA) and admittance testing may result in an additional charge to capital and surplus for nonadmitted portions of DTAs. Under U.S. GAAP, a valuation allowance may be recorded against the DTA and reflected as an expense.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(8)&#160;&#160;&#160;&#160;Investments in
                subsidiaries are carried at net equity values as prescribed by the NAIC. Changes in equity values are reflected in Unassigned surplus within the Statutory Statements of Capital and Surplus as credits or charges to Unassigned surplus. Under
                U.S. GAAP, wholly owned subsidiary results are consolidated.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(9)&#160;&#160;&#160;&#160;The Company is required to
                establish an asset valuation reserve (AVR) liability and an interest maintenance reserve (IMR) liability. The AVR provides for a standardized statutory investment valuation reserve for certain invested assets. Changes in this reserve are
                recorded as direct charges or credits to Unassigned surplus. The IMR is designed to defer net realized capital gains and losses resulting from changes in the level of prevailing market interest rates and amortize them into income within the
                Statutory Statements of Operations over the remaining life of the investment sold. The IMR represents the unamortized portion of applicable investment gains and losses as of the balance sheet date. There is no such concept under U.S. GAAP.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(10)&#160;&#160;&#160;&#160;Canadian asset and
                liability amounts are expressed in Canadian dollars without foreign exchange translation into U.S.&#160;dollars. A net foreign currency translation adjustment is recorded within the Statutory Statements of Admitted Assets, Liabilities, and
                Capital and Surplus with an offset to Other changes in capital and surplus within the Statutory Statements of Capital and Surplus. Under U.S. GAAP, Canadian assets and liabilities are converted to U.S.&#160;dollars, with any translation
                adjustment recorded to stockholder&#8217;s equity.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(11)&#160;&#160;&#160;&#160;Certain assets designated
                as &#8220;nonadmitted assets&#8221; are not recognized and are charged directly to Unassigned surplus within the Statutory Statements of Capital and Surplus. These include, but are not limited to, investments in unaudited subsidiary, controlled, and
                affiliated (SCA) entities, electronic data processing (EDP) software, portions of goodwill, furniture and fixtures, prepaid expenses, receivables outstanding greater than 90&#160;days, and portions of DTAs. There is no such concept under U.S.
                GAAP. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(12)&#160;&#160;&#160;&#160;A provision is made for
                amounts ceded to unauthorized reinsurers in excess of collateral in the form of a trust or letter of credit through a direct charge to Unassigned surplus within the Statutory Statements of Capital and Surplus. There is no such requirement
                under U.S. GAAP.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(13)&#160;&#160;&#160;&#160;Revenues for universal
                life policies and annuity contracts, excluding deposit-type contracts, are recognized as revenue when received within the Statutory Statements of Operations. Under U.S. GAAP, policy and contract fees charged for the cost of insurance,
                policy administrative charges, amortization of policy initiation fees, and surrender contract charges are recorded as revenues when earned.</font></div>
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              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(14)&#160;&#160;&#160;&#160;Benefits for universal
                life policies and annuity contracts within the Statutory Statements of Operations, excluding deposit-type contracts, consist of payments made to policyholders. Under U.S. GAAP, benefits represent interest credited, and claims and benefits
                incurred in excess of the policyholder&#8217;s contract balance.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(15)&#160;&#160;&#160;&#160;Derivatives are reported
                at fair value in accordance with SSAP No. 86, Derivatives (SSAP No. 86) and SSAP No. 108, Derivatives Hedging Variable Annuity Guarantees (SSAP No. 108). See additional information in section (k) of this note and note 5. Changes in the fair
                value of derivatives, except those reported under SSAP No. 108, are recorded as direct adjustments to Unassigned surplus as a component of Change in unrealized capital gains (losses) within the Statutory Statements of Capital and Surplus.
                For derivatives reported under SSAP No. 108, changes in fair value are recognized as net deferred assets or liabilities within Other assets or Other liabilities, respectively, in the Statutory Statements of Admitted Assets, Liabilities, and
                Capital and Surplus, for fluctuations in fair value that do not offset the changes in the hedged item. The deferred asset or liability is amortized over the timeframe required under SSAP No. 108. Under U.S. GAAP, changes in the fair value
                of derivatives are recorded in derivative income (loss) as part of operating income and the hedged derivatives are carried at fair value. In addition, the effective and ineffective portions of a hedge are accounted for separately.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(16)&#160;&#160;&#160;&#160;Commissions allowed by
                reinsurers on business ceded are reported as income when received within the Statutory Statements of Operations. Under U.S. GAAP, such commissions are deferred and amortized as a component of deferred acquisition costs to the extent
                recoverable.&#160;&#160;&#160;&#160;</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(17)&#160;&#160;&#160;&#160;The Statutory Financial
                Statements do not include a statement of comprehensive income as required under U.S. GAAP.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(18)&#160;&#160;&#160;&#160;The Statutory Statements
                of Cash Flow do not classify cash flows consistent with U.S. GAAP and a reconciliation of net income to net cash provided from operating activities is not provided.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(19)&#160;&#160;&#160;&#160;The calculation of
                reserves and transfers in the separate account statement requires the use of a Commissioners Annuity Reserve Valuation Method (CARVM) allowance on annuities for NAIC SAP. There is no such requirement under U.S. GAAP.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(20)&#160;&#160;&#160;&#160;Sales inducements and
                premium bonuses are included in Life policies and annuity contracts in the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus, and are charged to current operations as incurred. Under U.S. GAAP, deferred sales
                inducements and premium bonuses are similarly reserved; however, the costs are capitalized as assets and charged to operations as future profits are recognized in a manner similar to acquisition costs.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(21)&#160;&#160;&#160;&#160;Negative cash balances
                are presented as a negative asset within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. These balances are presented as a liability under U.S. GAAP.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(22)&#160;&#160;&#160;&#160;Embedded derivatives are
                not separated from the host contract and accounted for separately as a derivative instrument. Under U.S. GAAP, entities must separate the embedded derivative from the host contracts and separately account for those embedded derivatives at
                fair value.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(23)&#160;&#160;&#160;&#160;For certain annuity
                products with a market value adjustment feature sold to Minnesota residents (MN MVA) and variable-indexed annuities, the Department requires the Company to maintain a separate asset portfolio to back related reserves. These assets and
                liabilities are required to be included as part of the Separate account assets and Separate account liabilities presented on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Under U.S. GAAP, there is no
                such requirement.</font></div>
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            <hr style="page-break-after:always">
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              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(b)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Permitted and
                Prescribed Statutory Accounting Practices</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company is required to file annual statements
                with insurance regulatory authorities, which are prepared on an accounting basis permitted or prescribed by such authorities. Prescribed statutory accounting practices include state laws, regulations, and general administrative rules, as
                well as a variety of publications of the NAIC. Permitted statutory accounting practices encompass all accounting practices that are not prescribed; such practices differ from state to state, may differ from company to company within a
                state, and may change in the future. The Company has no permitted or prescribed practices that differ from NAIC SAP that had an impact on net income or surplus as of December&#160;31, 2020, 2019, and 2018.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company&#8217;s subsidiary, AZMO, has adopted an
                accounting practice that is prescribed by the Department of Insurance, Financial Institutions, and Professional Registration of the State of Missouri (the Missouri Department). The effect of the accounting practice allows a letter of credit
                to be carried as an admitted asset. The balance of the letter of credit asset at December&#160;31, 2020 and 2019 was $101 and $109, respectively. Under NAIC SAP, this letter of credit would not be allowed as an admitted asset. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">This prescribed practice does not impact the net
                income of AZMO and results in increases to surplus of $101 and $109 as of December&#160;31, 2020 and 2019, respectively. The Company&#8217;s carrying value of its investment in AZMO per the audited statutory surplus was $350 and $345, and the carrying
                value of its investment in AZMO would have been $249 and $236 if AZMO had completed Statutory Financial Statements in accordance with the NAIC SAP as of December&#160;31, 2020 and 2019, respectively. AZMO maintains an adequate amount of surplus
                such that if it had not adopted the prescribed practice, surplus would still exceed the risk-based capital requirements. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(c)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Use of Estimates</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The preparation of Statutory Financial Statements
                in conformity with NAIC SAP requires management to make certain estimates and assumptions that affect reported amounts of admitted assets and liabilities, including reporting or disclosure of contingent assets and liabilities as of
                December&#160;31, 2020 and 2019, and the reported amounts of revenues and expenses during the reporting period. Future events, including changes in mortality, morbidity, interest rates, capital markets, and asset valuations could cause actual
                results to differ from the estimates used within the Statutory Financial Statements. Such changes in estimates are recorded in the period they are determined. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(d)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Premiums and
                Annuity Considerations</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Life premiums are recognized as income over the
                premium paying period of the related policies. Nondeposit-type annuity considerations are recognized as revenue when received. Accident and health premiums are earned ratably over the terms of the related insurance and reinsurance contracts
                or policies.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(e)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Aggregate Reserves
                for Life Policies and Annuity Contracts</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Reserves are principally calculated as the minimum
                reserves permitted by the state where the contract is issued for the year in which the contract is issued.</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%"> </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">For the Company&#8217;s fixed annuity product lines,
                reserves are calculated using CARVM. The Company uses both issue year and change in fund basis for the calculation method, on a curtate basis, using the maximum allowable interest rate. Deferred fixed-interest and fixed-indexed annuities
                typically have a two-tier structure to encourage annuitization, or a single-tier structure, which may include a market value adjustment. Either two-tier or single-tier annuities may include bonuses. </font></div>
            <div style="margin-bottom:6pt;margin-top:3pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">For the Company&#8217;s variable and variable-indexed
                annuity product lines, reserves are calculated using VM-21, </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Requirements for Principle-Based Reserves
                for Variable Annuities</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> (VM-21), effective January 1, 2020. Prior to January 1, 2020, reserves were calculated using </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Actuarial Guideline XLIII &#8211; CARVM for Variable Annuities</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> (AG43) Variable deferred annuities include a wide range of guaranteed minimum death benefits and living benefits (income, accumulation, and withdrawal).</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Reserves for immediate annuities are calculated
                using current prescribed mortality tables.</font></div>
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            <hr style="page-break-after:always">
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              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Aggregate reserves for life insurance policies are
                principally calculated using the Commissioners Reserve Valuation Method (CRVM). Additional reserves are held for supplemental benefits and for contracts with secondary guarantees, consistent with prescribed regulations and actuarial
                guidelines. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company performs an annual asset adequacy
                analysis as required by regulation covering substantially all of its reserves. These tests are not only performed under the required interest rate scenarios, but also under additional stochastically generated interest and equity growth
                scenarios. Sensitivity tests, including policy lapse, annuitization, maintenance expenses, and investment return, are performed to evaluate potential insufficiencies in reserve adequacy.The results of these tests and analysis resulted in $0
                of additional reserves at December&#160;31, 2020 and 2019, respectively. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(f)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Aggregate Reserves
                for Accident and Health Policies</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">For accident and health business, reserves consist
                of active life reserves (mainly reserves for unearned premiums and reserves for contingent benefits on individual LTC business) and claim reserves (the&#160;present value of amounts not yet due). Claim reserves represent incurred but unpaid
                claims under group policies. For the LTC business, the asset adequacy analysis was performed through a gross premium valuation. At December&#160;31, 2020 and 2019, the results of these tests and analysis supported the establishment of additional
                reserves of $151 and $70, respectively.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(g)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Deposit-type
                Contracts</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Deposit-type contracts represent liabilities to
                policyholders in a payout status, who have chosen a fixed payout option without life contingencies. The premiums and claims related to deposit-type contracts are not reflected in the Statutory Statements of Operations as they do not have
                insurance risk. The Company accounts for the contract as a deposit-type contract in the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(h)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Policy and
                Contract Claims</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Policy and contract claims include the liability
                for claims reported but not yet paid, claims incurred but not yet reported (IBNR), and claim settlement expenses on the Company&#8217;s accident and health business. Actuarial reserve development methods are generally used in the determination of
                IBNR liabilities. In cases of limited experience or lack of credible claims data, loss ratios are used to determine an appropriate IBNR liability. Claim and IBNR liabilities of a short-term nature are not discounted, but those claim
                liabilities resulting from disability income or LTC benefits include interest and mortality discounting.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(i)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Reinsurance</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company assumes and cedes business with other
                insurers. Reinsurance premium and benefits paid or provided are accounted for in a manner consistent with the basis used in accounting for original policies issued and the terms of the reinsurance contracts. Amounts recoverable from
                reinsurers represent account balances and unpaid claims covered under reinsurance contracts. Amounts paid or deemed to have been paid for claims covered by reinsurance contracts are recorded as a reinsurance recoverable and are included in
                Other assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Included in Unassigned surplus is the gain
                recognized when the Company enters into a coinsurance or yearly renewable term (YRT) agreement on existing business. The gain is deferred and amortized into operations on a basis consistent with how the future earnings emerge on the
                underlying business. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Reserve adjustments related to reinsurance ceded
                include reserve increases received from a reinsurer on modified coinsurance ceded. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(j)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Investments</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Investment values are determined in accordance with
                methods prescribed by the NAIC. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Bonds and Stocks</font></div>
            <div style="height:58.5pt;position:relative;width:100%">
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            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
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              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Securities Valuation Office (SVO) of the NAIC
                evaluates the credit quality of the Company&#8217;s bond investments. Bonds rated at &#8220;1&#8221; (highest quality), &#8220;2&#8221; (high quality), &#8220;3&#8221; (medium quality), &#8220;4&#8221; (low quality), or &#8220;5&#8221; (lower quality) are reported at cost adjusted for the amortization of
                premiums, accretion of discounts, and any impairment. Bonds rated at &#8220;6&#8221; (lowest quality) are carried at the lower of amortized cost or fair value with any adjustments to fair value recorded to Unassigned surplus within the Statutory
                Statements of Capital and Surplus. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In accordance with its investment policy, the
                Company invests primarily in high-grade marketable securities. Dividends are accrued on the date declared and interest is accrued as earned. Premiums or discounts on bonds are amortized using the constant-yield method.</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%"> </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Loan-backed securities and structured securities
                are amortized using anticipated prepayments, in addition to other less significant factors. Prepayment assumptions for loan-backed and structured securities are obtained from various external sources or internal estimates. The Company
                believes these assumptions are consistent with those a market participant would use. The Company recognizes income using the modified scientific method based on prepayment assumptions and the estimated economic life of the securities. For
                structured securities, except for collateralized debt obligations (CDOs) and impaired bonds, when actual prepayments differ significantly from anticipated prepayments, the effective yield is recalculated to reflect actual payments to date
                and anticipated future payments retrospectively. Any resulting adjustment is included in Net investment income on the Statutory Statements of Operations. For CDOs and impaired bonds, when adjustments are made for anticipated prepayments and
                other expected changes in future cash flows, the effective yield is recalculated using the prospective method as required by Statement of Statutory Accounting Principles (SSAP) No.&#160;43R &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Loan Backed and Structured Securities</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> (SSAP No.&#160;43R). </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Hybrid securities are investments structured to
                have characteristics of both stocks and bonds. The Company records these securities within Bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Common stocks, other than investments in
                subsidiaries and Federal Home Loan Bank (FHLB) stock, are carried at fair value. Preferred stocks are carried at the lower of cost or fair value. The related unrealized capital gains (losses) are reported in Unassigned surplus, net of
                federal income taxes within the Statutory Statements of Capital and Surplus. FHLB stock is carried at cost, which approximates fair value. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Gross realized gains and losses are computed based
                on the average amortized cost of all lots held for a particular CUSIP. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The fair value of bonds, and common and preferred
                stocks is obtained from third-party pricing sources whenever possible. Management completes its own independent price verification (IPV) process, which ensures security pricing is obtained from a third-party source other than the sources
                used by the Company's internal and external investment managers. The IPV process supports the reasonableness of price overrides and challenges by the internal and external investment managers and reviews pricing for appropriateness. Results
                of the IPV process are reviewed by the Company&#8217;s Pricing Committee.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company reviews its combined investment
                portfolio, including subsidiaries, in aggregate each quarter to determine if declines in fair value are other than temporary. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">For bonds for which the fair value is less than
                amortized cost, the Company evaluates whether a credit loss exists by considering primarily the following factors: (a)&#160;the length of time and extent to which the fair value has been less than the amortized cost of the security; (b)&#160;changes
                in the financial condition, credit rating, and near-term prospects of the issuer; (c)&#160;whether the issuer is current on contractually obligated interest and principal payments; (d)&#160;changes in the financial condition of the security&#8217;s
                underlying collateral, if any; and (e)&#160;the payment structure of the security. For loan-backed securities, the Company must allocate other-than-temporary impairments (OTTI) between interest and noninterest-related declines in fair value.
                Interest-related impairments are considered other than temporary when the Company has the intent to sell the investment prior to recovery of the cost of the investment. The Company maintains a prohibited disposal list that restricts the </font></div>
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            <hr style="page-break-after:always">
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              <div style="margin-bottom:3pt;text-align:center"><br>
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              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">ability of the investment managers to sell
                securities in a significant unrealized loss position and requires formal attestations from investment managers regarding their lack of intent to sell certain securities. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company evaluates whether equity securities are
                other-than-temporarily impaired through a review process which includes, but is not limited to, market analysis, analyzing current events, assessing recent price declines, and management&#8217;s judgment related to the likelihood of recovery
                within a reasonable period of time.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Impairments considered to be other-than-temporary
                are recorded as a reduction of the cost of the security, and a corresponding realized loss is recognized on the Statutory Statements of Operations in the period in which the impairment is determined. Recognition of the realized loss is
                subject to potential offset by AVR and IMR. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company holds certain cash equivalents which
                receive bond treatment based on their underlying securities. These are classified as Other assets receiving bond treatment in Note 5.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Investment in Subsidiaries</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Common stock of the Company&#8217;s insurance
                subsidiaries is carried at SAP capital and surplus, and investments in non-insurance subsidiaries are carried at U.S. GAAP equity value adjusted for certain items that are considered to be non-admitted. Unaudited subsidiaries are fully
                non-admitted.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Mortgage Loans on Real Estate</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Mortgage loans on real estate, including commercial
                mortgage loans (CMLs) and residential mortgage loans (RMLs), are carried at the outstanding principal balance, adjusted for any impairment. The fair value of CMLs is calculated by analyzing individual loans and assigning ratings to each
                loan based on a combination of loan-to-value ratios and debt service coverage ratios. Fair value is determined based on these factors as well as the contractual cash flows of each loan and the current market interest rates for similar
                loans. The fair value of RMLs is calculated by discounting estimated cash flows, with discount rates based on current market conditions. The Company evaluates loans quarterly to assess whether there is an impairment based on the likelihood
                of receiving all contractual cash flows. The Company accounts for interest income on impaired loans on a cash basis. Interest accrual is discontinued for impaired loans and interest income is only recognized when received. Payments received
                on impaired loans are applied to accrued interest, and payments received in excess of accrued interest are applied to principal. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Real Estate</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Real estate represents the Company&#8217;s home office
                property, and is carried at depreciated cost less encumbrances in accordance with SSAP No. 40 &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Real
                Estate Investments</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">. Real estate income, including income received from home office property, is included in Net investment
                income on the Statutory Statements of Operations. Real estate, exclusive of land, is depreciated on a straight-line basis over estimated useful lives ranging from 3 to 40&#160;years. At December&#160;31, 2020 and 2019, accumulated depreciation was
                $74 and $69, respectively. Furthermore, as of December&#160;31, 2020 and 2019, real estate was presented net of encumbrances of $41 and $51, respectively, as discussed in Note 7.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Cash and Cash Equivalents</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Cash and cash equivalents may include cash on hand,
                demand deposits, money market funds, reverse repurchase agreements (repo), and highly liquid debt instruments purchased with an original maturity of three months or less. Due to the short-term nature of these investments, the carrying value
                is deemed to approximate fair value.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In the normal course of business, the Company
                enters into bilateral and tri-party repos, whereby the Company purchases securities and simultaneously agrees to resell the same securities at a stated price on a specified date in the future, for the purpose of earning a specified rate of
                return. An affiliate of the Company serves as the agent in the bilateral agreements and an unaffiliated bank serves as the custodian in the tri-party agreements. The bilateral agreements require purchases of specifically identified
                securities. If at any time the fair value of those purchased securities falls below the purchase price, additional collateral in the form of cash or additional securities is required to be transferred to ensure margin maintenance. The
                tri-party agreements allow for the </font></div>
            <div style="height:58.5pt;position:relative;width:100%">
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                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="zee30d1eb849e40ea9a719cfc0ac40f8f">

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                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
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                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
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                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14 of 67</font></div>
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            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
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              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">purchase of certain bonds and structured
                securities, and require a minimum of 102% of fair value of the securities purchased to be maintained as collateral.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company&#8217;s repos are accounted for as
                collateralized lending in accordance with SSAP No.&#160;103R &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Transfers and Servicing of Financial Assets
                and Extinguishments of Liabilities</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> (SSAP No. 103R), whereby the amounts paid for the securities are reported as cash
                equivalents within Cash and cash equivalents on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The difference between the amount paid and the amount at which the securities will be resold is reported as
                interest income within Net investment income on the Statutory Statements of Operations. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Policy Loans</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Policy loans are supported by the underlying cash
                value of the policies. Policy loans are carried at unpaid principal balances plus accrued interest income on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The unpaid principal balances are not in excess
                of the cash surrender values of the related policies.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Other Invested Assets</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company participates in securities lending
                arrangements whereby specific securities are loaned to other institutions. The Company receives collateral from these arrangements including cash and cash equivalents, which can be reinvested based on the Company's discretion, and noncash
                collateral, which may not be sold or re-pledged unless the counterparty is in default. The Company accounts for its securities lending transactions as secured borrowings, in which the cash collateral received and the related obligation to
                return the cash collateral are recorded in Other invested assets and Other liabilities, respectively, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Noncash collateral received is not reflected on the
                Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Securities on loan remain on the Company&#8217;s Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus, and interest and dividend income earned
                by the Company on loaned securities is recognized in Net investment income on the Statutory Statements of Operations. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Company policy requires a minimum of 102% of fair
                value of securities loaned under securities lending agreements to be maintained as collateral.</font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">
                The Company's sources of cash used to return cash collateral is dependent upon the liquidity of current market conditions. The Company has policies in place to manage reinvested collateral at appropriate levels of liquidity.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company invests in low income housing tax
                credit (LIHTC) investments for tax benefits. In accordance with SSAP No. 93 &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Low Income Housing Tax
                Credit Property Investments</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">, the LIHTC investments are carried at cost and adjusted for amortization based on the
                proportion of total tax credits and other tax benefits expected to be received over the life of the investments. The Company records an asset for the full unfunded investment amount upon entering into a LIHTC agreement; amortization
                decreases the asset balance over time. A corresponding liability is recorded for the unfunded commitment balance beginning when the LIHTC investment is initially funded, which decreases as the Company provides capital to fund. The asset and
                liability are recorded in Other invested assets and Other liabilities, respectively, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The tax benefit is recognized within Income tax expense within the
                Statutory Statements of Operations. The amortization of the investment is recorded as Net investment income and any impairments are included in Net realized capital gain (loss) within the Statutory Statements of Operations.</font></div>
            <div style="margin-bottom:10pt;margin-top:3pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Receivables and payables for securities are
                carried at fair value on the trade date and represent a timing difference on securities that are traded at the balance sheet date but not settled until subsequent to the balance sheet date. Receivables and payables for securities are
                included in Other invested assets and Other liabilities, respectively, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. </font></div>
            <div style="margin-bottom:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(k)&#160;&#160;&#160;&#160;Derivatives</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company utilizes derivatives within certain
                actively managed investment portfolios for hedging purposes.</font></div>
            <div style="height:58.5pt;position:relative;width:100%">
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                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="ze5afbc29a9e34461badbb50396c7f0a6">

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                        </td>
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                        </td>
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                      <tr>
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                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15 of 67</font></div>
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                  </table>
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              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Hedge Accounting</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company elects hedge accounting under SSAP No.
                86 and SSAP No. 108 for certain qualifying derivative instruments. To qualify for hedge accounting, at inception, the Company formally documents the risk management objective and strategy for undertaking the hedging transaction. The
                documentation links a specific derivative to a specific asset or liability on the Statutory Statements of Assets, Liabilities, and Capital and Surplus, identifies how the derivative is expected to offset the exposure to changes in the
                hedged item's fair value or variability in cash flows attributable to the designated hedge risk, and the effectiveness testing methods to be used. Hedge effectiveness is formally assessed at inception and on a quarterly basis throughout the
                life of the designated hedging relationships.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Hedge effectiveness is assessed using qualitative
                and quantitative methods. Qualitative methods may include comparison of critical terms of the derivative to the hedged item. Quantitative methods include analysis of changes in fair value or cash flows associated with the hedge
                relationship. Hedge effectiveness may be measured using either the dollar offset method or regression analysis. The dollar offset method compares changes in fair value or cash flows of the hedging instrument with changes in the fair value
                or cash flows of the hedged item attributable to the hedged risk. Regression analysis is a statistical technique used to measure the relationships between the fair values or cash flows of a derivative and a hedged item and how each reacts
                to changes in the designated hedge risk (i.e., interest rates, foreign currency rates). </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">A derivative instrument is either classified as an
                effective hedge or an ineffective hedge. Entities must account for the derivative at fair value if deemed to be ineffective or becomes ineffective. For those derivatives qualifying as effective for hedge accounting under SSAP No. 86, the
                change in the carrying value or cash flow of the derivative shall be recorded consistently with the way that changes in the carrying value or cash flows of the hedged item are recorded. For those derivative qualifying as effective for hedge
                accounting under SSAP No. 108, the derivative is carried at fair value.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Foreign Currency Swaps</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:700;line-height:120%"> </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company utilizes foreign currency swaps to
                hedge cash flows and applies hedge accounting. Specifically, the Company uses foreign currency swaps to hedge foreign currency and interest rate fluctuations on certain underlying foreign currency denominated fixed-maturity securities. The
                foreign currency swaps are reported at amortized cost from the date hedge accounting is designated and deemed to be effective, which is consistent with the accounting for the bonds that are the subject of the hedge accounting transactions.
              </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Interest Rate Swaps on Variable Annuity Insurance
                Liabilities </font></div>
            <div style="padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company utilizes interest rate swaps (IRS) to hedge the interest rate risk on
                certain variable annuity</font></div>
            <div style="padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">guarantee benefits. These are accounted for as a cash flow hedge under SSAP No. 86
                and a fair value hedge under SSAP No. 108, as further discussed below.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Prior to January 1, 2020, the Company had IRS that
                hedge the interest rate risk on certain variable annuity guarantee benefits held at amortized cost in accordance with SSAP No. 86. The initial book value of the IRS represented the book value created from inception until the designation of
                hedge accounting. These IRS were held at amortized cost and changes were recognized to the extent they offset changes in the AG43 reserve for the hedged item due to interest rate movement. The initial book value and subsequent changes due
                to the hedged item or realized gains or losses recorded under hedge accounting (hedge adjustment) are amortized over the duration of the hedge program, approximated by AG43 standard scenario revenues. The carrying value of the IRS with
                hedge adjustment, as well as settled variation margin payable, were recorded within Other liabilities on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus, with changes in the IRS hedge adjustment recorded
                within Other Income on the Statutory Statements of Operations. The carrying value of settled variation margin receivable was recorded within Other assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
              </font></div>
            <div style="height:58.5pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
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                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
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                      <tr>
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                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16 of 67</font></div>
                        </td>
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              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="padding-left:72pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 107%;">The table below illustrates the hedge adjustment calculation under SSAP No. 86 for the year ended
                December 31, 2019:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:72pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:83.033%" id="zb10343cec244429e88bf890bceae5ea6">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:74.849%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:22.951%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Initial
                        book value of the IRS created from inception until the designation of hedge accounting</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">287&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Amounts
                        offsetting changes in the AG43 reserve for the hedged item due to interest rate movements</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(62)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net losses from cumulative IRS sales after designation of hedge accounting </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">608&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net
                        receivable/payable interest accrued</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cumulative
                        amortization</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(249)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:18pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Carrying value of IRS hedge adjustment </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(2)</font></div>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">582&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:3pt">
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="6" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> In 2017, the Company restruck a portion of its IRS portfolio that hedges variable annuity liabilities. The restrike
                          transaction included selling a portion of the Company's IRS portfolio to consolidate its net positions. As a result of the transaction, the net losses disclosed here were recorded within the IRS hedge adjustment in line with hedge
                          accounting treatment as discussed above.</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(2)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> The carrying value of the IRS hedge adjustment differs from that disclosed in Note 6 as the amount disclosed in Note 6
                          has been adjusted for IRS positions no longer held by the Company.</font></div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt"><br>
            </div>
            <div style="padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 115%;">Effective January 1, 2020, the Company de-designated its previous hedging
                relationship under SSAP No. 86 and simultaneously designated the hedging relationship described above under SSAP No. 108. The remaining balance of the SSAP No. 86 hedge adjustment is recorded within Other liabilities on the Statutory
                Statements of Admitted Assets, Liabilities, and Capital and Surplus, and will be amortized over the life of the former hedge program. See further details below.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The table below illustrates the hedge adjustment
                calculation under SSAP No. 86:</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:108pt;text-align:justify">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:64.714%" id="zadb39afd81074935a9d104c04d1750f7">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:72.449%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:25.351%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Hedge adjustment
                        balance at January 01, 2020</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">582</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Amount amortized into earnings at
                        December 31, 2020</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(69)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Hedge adjustment
                        balance at December 31, 2020</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$513</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><br>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Effective January 1, 2020, the Company designated
                the hedging relationship described above under SSAP No. 108. The hedged item consists of a portion of the Company's variable annuity block of business minimum benefit guarantees that are sensitive to interest rate movement. The hedged
                portion of the block is determined on a monthly basis based on the percentage of the economic liability being hedged. The related hedging instrument is a portfolio of interest rate swap derivatives which follows a dynamic hedging strategy.
                Changes in interest rates impact the present value of the future product cash flows.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company will recognize a net deferred asset or
                liability within Other assets or Other liabilities, respectively, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus for fluctuations in fair value that do not offset the changes in the liability. The
                deferred asset or liability will then be amortized over the timeframe required under SSAP No. 108, paragraph 14, which is the Macaulay duration of guarantee benefit cash flows, capped at 10 years.</font></div>
            <div style="padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The hedge strategy is compliant with VM-21 Clearly Defined Hedge Strategy (CDHS)
                requirements and meets all the criteria to be defined as an effective hedge relationship as required by SSAP No. 108. The Company entered into this hedging relationship effective January 1, 2020; no changes in hedging strategy have occurred
                since inception. Hedge effectiveness is measured in accordance with SSAP No. 108 on a quarterly basis, both prospectively and retrospectively, and remains highly effective as of December 31, 2020. </font></div>
            <div style="padding-left:72pt"><br>
            </div>
            <div style="height:58.5pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z35b8551f080e47689e36eb54b11be091">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In accordance with SSAP No. 108, an amount equal to the net deferred asset and
                deferred liability is allocated from Unassigned funds to Special surplus funds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. As of December 31, 2020, this balance was $1,844. The following table shows
                the deferred activity for the year ended December 31, 2020. The deferred balance as of January 1, 2020 represents the fair value of the IRS that were previously off balance sheet under SSAP No. 86.</font></div>
            <div style="margin-bottom:9pt;margin-top:9pt;padding-left:58.5pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:66.666%" id="z112e3d098d424fe2903b0735db8a1857">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:72.548%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:25.252%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 20.5pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net
                        deferred balance as of January 1, 2020</font></td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,435&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 20.5pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Amortization</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(214)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 20.5pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Additional

                        amounts deferred</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">623&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 32.5pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net deferred balance as of
                        December 31, 2020</font></td>
                    <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,844&#160;</font></td>
                    <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:9pt;margin-top:9pt;padding-left:72pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 107%;">The net deferred balance will amortize over the next 10 years, as
                shown below:</font></div>
            <div style="margin-bottom:6pt;padding-left:76.5pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:54.204%" id="z3b06ea3060034ababddeb6ea754cd76f">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:6.379%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:31.032%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:26.323%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:31.866%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortization year</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Deferred assets</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Deferred liabilities</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2021</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(37)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">244&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2022</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(37)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">244&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2023</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(37)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">244&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2024</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(38)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">244&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(38)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">244&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2026</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(38)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">243&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2027</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(38)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">243&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2028</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(38)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">243&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2029</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(38)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">243&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2030</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(34)</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(373)</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,217&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The company did not have other changes related to open derivatives
                removed from SSAP No. 86 and captured in Scope of SSAP No. 108 for the year ended December 31, 2020. As of December&#160;31, 2020, the fair value changes available for application under SSAP No. 108 is $927. </font></div>
            <div style="margin-bottom:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company did not have any hedging strategies identified as no
                longer highly effective and did not terminate any hedging strategies during the year ended December&#160;31, 2020.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Nonqualifying hedging</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Futures and Options Contracts</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company provides benefits through certain life
                and annuity products which are linked to the fluctuation of various market indices, and certain variable annuity contracts that provide minimum guaranteed benefits. The Company has analyzed the characteristics of these benefits and has
                entered into over-the-counter (OTC) option contracts, exchange-traded option (ETO) contracts, and exchange-traded futures contracts tied to an underlying index with similar characteristics with the objective to economically hedge these
                benefits. Management monitors in-force amounts as well as option and futures contract values to ensure satisfactory matching and to identify unsatisfactory mismatches. If actual persistency deviated, management would purchase or sell option
                and futures contracts as deemed appropriate or take other actions. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The OTC option contracts and ETO contracts are
                reported at fair value in Derivative assets and Derivative liabilities on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The fair value of the OTC options is derived internally and deemed by management to
                be reasonable via </font></div>
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              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z1d1d41477b7b4adabce7e516da3cc8c2">

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                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
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                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18 of 67</font></div>
                        </td>
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                        </td>
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                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
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              <div style="margin-bottom:3pt;text-align:center"><br>
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              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">performing an IPV process. The process of deriving
                internal derivative prices requires the Company to calibrate Monte Carlo scenarios to actual market information. The calibrated scenarios are applied to derivative cash flow models to calculate fair value prices for the derivatives. The
                fair value of the ETO contacts is based on quoted market prices. Incremental gains and losses from expiring options are included in Net realized capital gain (loss) on the Statutory Statements of Operations. The liability for the related
                policyholder benefits is reported in Life policies and annuity contracts on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The unrealized gain or loss on open OTC option contracts is recognized as a
                direct adjustment to Unassigned surplus within the Statutory Statements of Capital and Surplus. Any unrealized gains or losses on open OTC option contracts are recognized as realized when the contracts mature (see Note&#160;5 for further
                discussion).</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Futures contracts do not require an initial cash
                outlay, and the Company has agreed to daily net settlement based on movements of the representative index. Therefore, no asset or liability is recorded as of the end of the reporting period. A derivative asset or liability and an offsetting
                variation margin payable or receivable is recorded in Derivative assets or Derivative liabilities in the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus for the outstanding unpaid variation margin representing
                market movements on the last trading day of the year.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Gains and losses are not considered realized until
                the termination or expiration of the futures contract. Unrealized gains and losses on futures contracts are reflected in the Statutory Statements of Capital and Surplus in Unassigned surplus, within Change in unrealized capital gains
                (loss). Realized gains and losses on futures contracts are included in the Statutory Statements of Operations, Net realized capital gain (loss), net of taxes and interest maintenance reserve.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In 2018, NAIC SAP issued an update to SSAP No. 86
                clarifying treatment of futures gains and losses, see Note 3.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Interest Rate Swaps, Credit
                Default Swaps, Total Return Swaps, and To Be Announced Securities</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company utilizes IRS, credit default swaps
                (CDS), total return swaps (TRS), and To Be Announced (TBA) securities to economically hedge market risks embedded in certain life and annuity products. The IRS, CDS, TRS and TBA securities are reported at fair value in Derivative assets or
                Derivative liabilities on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The fair value of the IRS, CDS, and TBA securities are derived using a third-party vendor software program and deemed by management
                to be reasonable. Centrally cleared IRS fair values are obtained from the exchange on which they are traded. The fair value of the TRS is based on counterparty pricing and deemed by management to be reasonable. Changes in unrealized gains
                and losses on the swaps are recorded as a direct adjustment to Unassigned surplus within the Statutory Statements of Capital and Surplus. Gains and losses on exchange cleared IRS are recorded as unrealized until the contracts mature or are
                disposed at which time they are recorded as realized, subject to offset by IMR. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(l)&#160;&#160;&#160;&#160;Corporate-Owned Life Insurance</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Corporate-owned life insurance (COLI) is recognized
                initially as the amount of premiums paid. Subsequent measurement of the contract is based upon the amount that could be realized assuming the surrender of an individual-life policy (or certificate in a group policy), otherwise known as the
                cash surrender value (CSV), in accordance with SSAP No.&#160;21 &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Other Admitted Assets</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> (SSAP No. 21). Changes in CSV resulting from subsequent measurement of the contract are recognized as a component of Other income on
                the Statutory Statements of Operations. The Company&#8217;s COLI policies are reported in Other assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(m)&#160;&#160;&#160;&#160;Borrowed Money</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company is a member of the FHLB of Des Moines,
                primarily for the purpose of participating in the FHLB&#8217;s mortgage collateralized loan advance program with short-term and long-term funding facilities. Members are required to purchase and hold a minimum amount of FHLB capital stock plus
                additional stock </font></div>
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                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
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                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
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                        <td style="width:0.1%"><br>
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                        <td style="width:1.0%"><br>
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                        <td style="width:0.1%"><br>
                        </td>
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              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">based on outstanding advances. Through its
                membership, the Company has issued debt to the FHLB in exchange for cash advances. It is part of the Company&#8217;s strategy to utilize funds borrowed from the FHLB for operations and strategic initiatives. The Company&#8217;s current borrowings are
                not subject to prepayment obligations. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Funds obtained from the FHLB and accrued interest
                are included within Borrowed money within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus in accordance with SSAP No.&#160;15 &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Debt and Holding Company Obligations</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">. The collateral pledged to
                FHLB is reported as admitted assets within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus in accordance with admissibility testing under SSAP No.&#160;30 &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Unaffiliated Common Stock</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(n)&#160;&#160;&#160;&#160;Income Taxes</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company and its subsidiaries file a
                consolidated federal income tax return with AZOA and all of its wholly-owned subsidiaries. The consolidated tax allocation agreement stipulates that each company participating in the return will bear its share of the tax liability pursuant
                to certain tax allocation elections under the Internal Revenue Code (IRC) and its related regulations and reimbursement will be in accordance with an intercompany tax reimbursement arrangement. The Company, and its insurance subsidiaries,
                generally will be paid for the tax benefit of any of their tax attributes used by any member of the consolidated group.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company provides for federal income taxes based
                on amounts the Company believes it ultimately will owe. Inherent in the provision for federal income taxes are estimates regarding the deductibility of certain items and the realization of certain tax credits. In the event the ultimate
                deductibility of certain items or the realization of certain tax credits differs from estimates, the Company may be required to significantly change the provision for federal income taxes recorded in the Statutory Statements of Admitted
                Assets, Liabilities, and Capital and Surplus. Any such change could significantly affect the amounts reported in the Statutory Statements of Operations. Management uses best estimates to establish reserves based on current facts and
                circumstances regarding tax exposure items where the ultimate deductibility is open to interpretation. Quarterly, management evaluates the appropriateness of such reserves based on any new developments specific to their fact patterns.
                Information considered includes results of completed tax examinations, Technical Advice Memorandums, and other rulings issued by the Internal Revenue Service or the tax courts.</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%"> </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company utilizes the asset and liability method
                of accounting for income taxes. DTAs and deferred tax liabilities (DTLs), net of the nonadmitted portion are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing
                assets and liabilities and their respective tax bases. Gross DTAs and DTLs are measured using enacted tax rates and are considered for admitted tax asset status according to the admissibility test as set forth by the NAIC. Changes in DTAs
                and DTLs, including changes attributable to changes in tax rates, are recognized as a component of Unassigned surplus on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(o)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Separate Accounts</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Separate account assets and liabilities are
                primarily funds held for the exclusive benefit of variable and variable-indexed annuity contract holders for which investment income and investment gains and losses accrue directly to and the investment risk is borne by contract holders.
                Separate account assets are reported at fair value in accordance with SSAP No.&#160;56 &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Separate Accounts</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> (SSAP No.&#160;56), with the exception of certain bonds, cash, cash equivalents, and investment income due and accrued. Certain assets that
                are allocated to the index options for the Allianz Index Advantage Variable Annuity (VIA) are invested in bonds, cash, cash equivalents, and investment income due and accrued, and carried at amortized cost in accordance with the product
                filing requirements in the state of Minnesota.</font></div>
            <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Amounts due from separate accounts primarily represent the difference between the
                surrender value of the contracts and the Separate account liability as disclosed on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. This receivable represents the surrender fee that would be paid to the
                Company upon the surrender of the policy or contract by the policyholder or contract holder as of December&#160;31. Amounts charged to the contract holders for mortality and contract maintenance, and other </font></div>
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              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
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            <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">administrative services fees are included in income within Fees from separate
                accounts on the Statutory Statements of Operations. These fees have been earned and assessed against contract holders on a daily or monthly basis throughout the contract period and are recognized as revenue when assessed and earned.
                Transfers to (from) separate accounts within the Statutory Statements of Operations primarily includes transfers for new premium and annuity considerations, benefit payments, surrender charge wear-off, realized and unrealized investment
                gains/losses, investment income, and other contractholder behavior.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(p)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Receivables</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Receivable balances approximate estimated fair
                values. This is based on pertinent information available to management as of year-end, including the financial condition and creditworthiness of the parties underlying the receivables. Any balances outstanding more than 90&#160;days are
                nonadmitted on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(q)&#160;&#160;&#160;&#160;Reclassifications</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Prior year balances have not been reclassified to
                conform to the current year presentation. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(3)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Accounting Changes and Corrections of Errors</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Accounting Changes</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Adoption of VM-21
                Principle-Based Reserving Methodology for Variable Annuities</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Effective January 1, 2020, the Company adopted
                VM-21, as the effective guidance under which the Company's variable and variable-indexed annuities reserves are calculated. Previously, the Company calculated these reserves using guidance found in AG43. VM-21 applies to business issued on
                or after January 1, 2017. Under VM-21, during 2017, 2018, and 2019, the Company elected to combine contracts subject to AG43 and VM-21 for purposes of calculating reserves. In 2019, the NAIC adopted revisions to both AG43 and VM-21,
                effective January 1, 2020. The implementation of the 2019 revisions on January 1, 2020 resulted in a pre-tax increase of $1 to Policyholder liabilities for Life policies and annuity contracts within the Statutory Statements of Admitted
                Assets, Liabilities, and Capital and Surplus and the corresponding decrease to surplus for the same amount is recorded through Change in reserve on account of change in valuation basis within the Statutory Statements of Capital and Surplus.
                The 2019 amendments allow an optional phase-in of the increase which the Company did not elect.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Change in Reserves on Account of Change in
                Valuation Basis</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In 2018, the Company changed its valuation basis
                for certain fixed index annuities with guaranteed lifetime withdrawal benefit (GLWB) streams to utilize Type A rates for when GLWB streams extend into the account value equals zero phase. Previously the Company utilized a combination of
                Type A and Type C rates for this benefit stream. The prior period impacts related to this change were recorded in 2018 and resulted in a pre-tax decrease of $342 to Policyholder liabilities for Life policies and annuity contracts within the
                Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The corresponding increase to surplus for the same amount is recorded in Change in reserve on account of change in valuation basis within the Statutory
                Statements of Capital and Surplus.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Attained Age Based Income
                Payment Rate Methodology</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In 2018, the Company changed its methodology
                applied to calculate reserves for attained age-based income payment rates for income policies that have not yet elected payments. The previous methodology calculated reserves for attained age payment rates coinciding with the current policy
                year and number of years of deferral. The Company changed its methodology to reflect the current benefit available to the policyholder by utilizing the attained age and policy years of deferral coinciding with the next anniversary. Impacts
                related to prior periods were recorded in 2018 and resulted in a pre-tax increase of $147 to Policyholder liabilities for Life policies and annuity contracts within the Statutory Statements of Admitted Assets, Liabilities, and Capital and
                Surplus. The corresponding decrease to surplus of $117 is recorded in Change in accounting principle, net of tax within the Statutory Statements of Capital and Surplus.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Variable-Indexed Annuity Basic
                Adjusted Reserve Calculation</font></div>
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              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In 2018, the Company changed its methodology used
                to calculate the Basic Adjusted Reserve for variable-indexed annuities to utilize the guaranteed cap instead of the projected index option. The prior period impacts of the methodology change were recorded in 2018 and resulted in a pre-tax
                decrease of $39 to Policyholder liabilities for Life policies and annuity contracts within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The corresponding increase to surplus of $31 is recorded in Change
                in accounting principle, net of tax within the Statutory Statements of Capital and Surplus.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Recently Issued Accounting Standards &#8211; Adopted in
                2020 </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Effective January 1, 2020, the Company adopted SSAP
                No. 108, the standard establishes statutory accounting principles to address certain limited derivative transactions hedging variable annuity guarantees subject to fluctuations as a result of interest rate sensitivity. The Company added all
                applicable new disclosures required by the standard; see Note 2(k) for further information. There were no impacts to net income or surplus during the year ended December 31, 2020, as a result of this adoption.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In 2016, the NAIC adopted revisions to SSAP No.
                51R, Life Contracts and SSAP No. 54, Individual and Group Accident and Health Contracts, Issue Paper No. 154, Implementation of Principles-Based Reserving. These revisions relate to the adoption of the Valuation Manual and provides for
                principle-based reserving for Life and Heath contracts, and are effective January 1, 2017. The Valuation Manual provides the following revisions: 1) VM-20, Requirements for Principle-Based Reserves, for Life Products, includes an optional
                three-year deferral. The Company elected the deferral and adopted this update effective January 1, 2020. It applies to business issued on or after this date. 2) VM-21, see details disclosed above. 3) VM-22, Statutory Maximum Valuation
                Interest Rates for Income Annuities, was effective January 1, 2018. It applies to annuitizations on contracts issued on or after that date. Because most annuitizations occur years after a contract has been issued, its impact on net income
                and surplus has not been material. 4.) VM-25, Health Insurance Reserves Minimum Requirements, and VM-26, Credit Life and Disability Reserve Requirements, are not applicable as the Company does not issue these contracts. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In August 2019, the NAIC adopted SSAP No. 22R,
                Leases. This revised standard is a substantive revision, reorganization, and clarification of SSAP 22. It adopts much of the language of US GAAP ASU 2016-02, Leases, but retains operating lease accounting for Statutory accounting. It was
                effective January 1, 2020, with early adoption permitted. The Company adopted these revisions effective January 1, 2020. There was no impact on net income or surplus during the year ended December 31, 2020, as a result of adopting the
                revisions.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In March 2020, the NAIC adopted INT 20-01,
                Reference Rate Reform. The interpretation adopted the optional guidance outlined in Accounting Standards Update (ASU) 2020-04, Reference Rate Reform, for a limited period of time to ease the potential burden on accounting for reference rate
                reform. The practical expedients outlined in the interpretation are for modifications solely related to reference rate reform and optionally suspends assessments for re-measuring a contract and dedesignating a hedge relationship. This
                interpretation is effective on the date of adoption and expires on December 31, 2022. The Company adopted the optional guidance in this interpretation effective March 12, 2020. As of December 31, 2020, the Company has not made any
                modifications to financial assets or liabilities as a result of reference rate reform.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In May 2020, the NAIC adopted revisions to SSAP No.
                26R, Bonds, which provides clarifying guidance when assessing other than temporary impairments (OTTI) for debt instruments that have been previously modified pursuant to SSAP No. 36, Troubled Debt Restructuring, or SSAP No. 103R, Transfers
                and Servicing of Financial Assets and Extinguishments of Liabilities. The revisions to SSAP No. 26R state subsequent OTTI assessments for debt instruments modified under SSAP No. 36 or SSAP No 103 will be based on the modified contractual
                terms and not revert back to the original acquisition terms. These revisions were effective May 20, 2020 and were subsequently adopted by the Company. There was no impact on net income or surplus during the year ended December 31, 2020, as
                a result of adopting the revisions.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In April, May, June, and August 2020, the NAIC
                adopted the following interpretations (INT) in response to the COVID-19 pandemic:</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:63pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">INT 2020-02, Extension of the 90-Day Rule for the Impact of COVID-19, extends a one-time optional extension of the nonadmission
                assessment guidance for premiums and similar receivables due from </font></div>
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                        <td style="width:0.1%"><br>
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                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22 of 67</font></div>
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            <hr style="page-break-after:always">
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              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:63pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">policyholders or agents. For receivables that were
                current prior to the beginning of the declaration of a state of emergency by the U.S. federal government on March 13, 2020 or originated on or after March 13, 2020, insurers may continue to admit assets greater than 90 days past due. This
                INT is applicable for the March 31, 2020, June 30, 2020, and September 30, 2020 financial statements and expired on December 30, 2020. This INT did not have an impact to the Company.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:63pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">INT 2020-03, Troubled Debt Restructuring Due to COVID-19, follows the inter-agency COVID-19 guidance issued by the federal and
                state prudential banking regulators (and concurred by the Financial Accounting Standards Board) and the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Specifically, a modification of a mortgage loan or bank loan terms does not
                result in troubled debt restructuring as long as the modification is in response to COVID-19, the borrower was current at the time of the modification, and the modification is short-term. In addition, insurers are not required to designate
                mortgage loans or bank loans with deferrals granted due to COVID-19 as past due or report them as nonaccrual loans. This INT is effective for the period beginning March 1, 2020 and originally expired on December 31, 2020. In January 2021,
                the provisions in this INT were extended updating the effective period to be the earlier of January 1, 2022 or the date that is 60 days after the date on which the national emergency declared by the President terminates. The Company
                implemented a loan modification program that adhered to the requirements outlined in the INT for investments in commercial and residential mortgage loans.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:63pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">INT 2020-04, Mortgage Loan Impairment Assessment Due to COVID-19, defers the impairment assessment for bank loans, mortgage
                loans, and investments which predominantly hold underlying mortgage loans and are impacted by forbearance or modifications in response to COVID-19. This INT was applicable for the March 31, 2020, June 30, 2020, and September 30, 2020
                financial statements and expired on December 30, 2020. This INT did not have a material impact to the Company.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:63pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">INT 2020-05, Investment Income Due and Accrued. This INT provides temporary relief guidance for assessing the collectability of
                interest income, admissibility relief of accrued investment income 90 days past due, and clarifies how interest income should be recognized during a payment holiday. This INT is applicable for the June 30, 2020, and September 30, 2020
                financial statements and expired on December 30, 2020. This INT did not have a material impact to the Company.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:63pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">INT 2020-06, Participation in the 2020 TALF Program. This INT provides guidance for reporting Term Asset-Backed Securities
                Lending Facility (TALF) loans for the duration of the 2020 TALF program. This INT did not impact the Company as the Company did not participate in this program.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:63pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">INT 2020-07, Troubled Debt Restructuring of Certain Debt Investments Due to COVID-19. This INT provides temporary guidance by
                allowing practical expedients when assessing whether modifications made to debt securities (under SSAP No. 26R and SSAP No. 43R) due to COVID-19 are insignificant. Specifically, the guidance proposes restructurings in response to COVID-19
                are considered to be insignificant if the restructuring results in a 10% or less shortfall amount in the contractual amount due and does not extend the maturity of the investment by more than 3 years. This INT was effective for the period
                beginning March 1, 2020 and originally expired on December 31, 2020. In January 2021, the provisions in this INT were extended updating the effective period to be the earlier of January 1, 2022 or the date that is 60 days after the date on
                which the national emergency declared by the President terminates. This INT did not have a material impact to the Company.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:63pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">INT 2020-08, COVID-19 Premium Refunds, Rate Reductions and Policyholder Dividends. This INT provides guidance for returns or
                benefits to policyholders. This INT did not impact the Company.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">These INTs have an immaterial effect on the
                financial statements as of December 31, 2020. The Company will continue to monitor these INTs and assess impacts until they are nullified.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In July 2020, the NAIC adopted INT 20-09, Basis
                Swaps as a Result of the LIBOR Transition, to address the statutory accounting and reporting requirements for basis swaps issued by central clearing parties solely in response to the market-wide transaction away from the London Interbank
                Offered Rate (LIBOR) and toward the Secured Oversight Financing Rate (SOFR). This INT allows basis swaps issued solely in response to reference rate reform to </font></div>
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              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">be classified as derivatives used for &#8220;hedging&#8221; and
                reported as admitted assets in the statutory financial statements. The INT is effective July 30, 2020 and was subsequently adopted by the Company. There was no impact on net income or surplus during the year ended December 31, 2020, as a
                result of adopting the INT.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In November 2020, the NAIC adopted revisions to
                SSAP No. 43R, Loan-Backed and Structured Securities. The revisions reflect the updated NAIC designation category for residential and commercial mortgage-backed securities that utilize the financial modeling guidance. The revisions were
                effective November 12, 2020 and were subsequently adopted by the Company. There was no impact on net income or surplus during the year ended December 31, 2020, as a result of adopting the INT.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Recently Issued Accounting Standards &#8211; Adopted in
                2019 </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In August 2019, the NAIC adopted revisions to SSAP
                No. 43R, Loan-Backed and Structured Securities. These revisions clarify that when a security has different NAIC designations by lot, the reporting entity shall either report the entire investment in a single reporting line at the lowest
                NAIC designation that would apply to a lot, or report the investment separately by purchase lot in the investment schedule. This update only affects investments with multiple lots at different ratings and would not require the entire
                schedule to be disclosed at a lot level. These revisions are effective as of September 30, 2019. There was no impact to net income or surplus during the year ended December 31, 2019, as a result of adopting the revised standard.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Recently Issued Accounting
                Standards &#8211; Adopted in 2018</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In 2017, the NAIC adopted revisions to SSAP No. 69,
                Statement of Cash Flow, by adopting ASU 2016-15, Classification of Certain Cash Receipts and Cash Payments, in its entirety. The revisions provide guidance on the classification of eight different subject matter topics including: 1) Debt
                prepayment or debt extinguishment costs, 2) Settlement of zero-coupon debt instruments or other debt instruments with coupon interest rates that are insignificant in relation to the effective interest rate of the borrowing, 3) Contingent
                consideration payments made after a business combination, 4) Proceeds from the settlement of insurance claims, 5) Proceeds from the settlement of corporate-owned life insurance policies, including bank-owned life insurance policies, 6)
                Distributions received from equity method investors, 7) Beneficial interests in securitization transactions, and 8) Separately identifiable cash flows and application of the predominance principle. The revisions are effective for fiscal
                years beginning after December 15, 2017, including interim periods within those fiscal years. The Company elected to apply the cumulative earnings approach in recording distributions from equity method investments in the statements of cash
                flow upon adoption of the revisions. There was no impact to net income or surplus during the year ended December 31, 2018 as a result of adopting the revisions.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In 2017, the NAIC adopted revisions to SSAP No. 86.
                These revisions clarify that variation margin changes should not be recognized as "settlement" until the derivative contract has terminated and instead should be recognized as an adjustment to the carrying value of the derivative contract
                as a separate asset or liability. The revisions are effective January 1, 2018 with prospective application. Upon adoption, the Company reflected a prospective change in variation margin for all futures contracts as unrealized until sale,
                maturity, or expiration, resulting in a pre-tax decrease of $8 to net income and no impact to surplus for the year ended December 31, 2018.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Recently Issued Accounting Standards &#8211; To Be
                Adopted</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Not applicable.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Corrections of Errors</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company records correction of errors in
                accordance with SSAP No.&#160;3 &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Accounting Changes and Correction of Errors</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> (SSAP No. 3). SSAP No.&#160;3 prescribes that the correction of errors in previously issued Statutory Financial Statements will be reported as an
                adjustment to capital and surplus in the period the error is detected. These errors are shown within Correction of errors, net of tax, on the Statutory Statements of Capital and Surplus. During the years ended December&#160;31, 2020, 2019, and
                2018, there were no Corrections of errors recorded on the Statutory Statements of Capital and Surplus.</font></div>
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              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
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            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(4)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Risk Disclosures</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%"> </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following is a description of the significant
                risks facing the Company and how it attempts to mitigate those risks: </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(a)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Credit Risk</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Credit risk is the risk that issuers of
                fixed-income securities, borrowers of mortgages on commercial real estate, or other parties with whom the Company has transactions, such as reinsurers and derivative counterparties, default on their contractual obligations, resulting in
                unexpected credit losses. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company mitigates this risk by adhering to
                investment policies and limits that provide portfolio diversification on an asset class, asset quality, creditor, and geographical basis, and by complying with investment limitations from applicable state insurance laws and regulations. The
                Company considers all relevant objective information available in estimating the cash flows related to structured securities. The Company actively monitors and manages exposures, and determines whether any securities are impaired. The
                aggregate credit risk is influenced by management&#8217;s risk/return preferences, the economic and credit environment, and the ability to manage this risk through liability portfolio management.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">For derivative counterparties, the Company
                mitigates credit risk by tracking and limiting exposure to each counterparty through limits that are reported regularly and, once breached, restricts further trades; establishing relationships with counterparties rated BBB+ and higher; and
                monitoring the CDS of each counterparty as an early warning signal to cease trading when credit default swap spreads imply severe impairment in credit quality.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company executes Credit Support Annexes (CSA)
                with all active and new counterparties which further limits credit risk by requiring counterparties to post collateral to a segregated account to cover any counterparty exposure. Additionally most transactions are cleared through a
                clearinghouse thereby transferring counterparty risk from the bank to the clearinghouse that tends to have stronger credit. This often leads to increased collateralization and lower counterparty risk for the Company.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(b)&#160;&#160;&#160;&#160;Credit Concentration Risk</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Credit concentration risk is the risk of increased
                exposure to significant asset defaults (of a single security issuer); economic conditions (if business is concentrated in a certain industry sector or geographic area); or adverse regulatory or court decisions (if concentrated in a single
                jurisdiction) affecting credit.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company&#8217;s Finance Committee, responsible for
                asset/liability management (ALM) issues, recommends an investment policy to the Company&#8217;s Board of Directors (BOD) and approves the strategic asset allocation and accompanying investment mandates for an asset manager with respect to asset
                class. The investment policy and accompanying investment mandates specify asset allocation among major asset classes and the degree of asset manager flexibility for each asset class. The investment policy complies, at a minimum, with state
                statutes. Compliance with the policy is monitored by the Finance Committee who is responsible for implementing internal controls and procedures. Deviations from the policy are monitored and addressed. The Finance Committee and,
                subsequently, the BOD review the investment policy at least annually. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">To further mitigate this risk, internal
                concentration limits based on credit rating and sector are established and are monitored regularly. Any ultimate obligor group exceeding these limits is placed on a restricted list to prevent further purchases, and the excess exposure may
                be actively sold down to comply with concentration limit guidelines. Any exceptions require Chief Risk Officer approval and monitoring by the Risk Committee. Further, the Company performs a quarterly concentration risk calculation to ensure
                compliance with the State of Minnesota insurance regulations.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(c)&#160;&#160;&#160;&#160;Liquidity Risk</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Liquidity risk is the risk that unexpected timing
                or amounts of cash needed will require liquidation of assets in a market that will result in a realized loss or an inability to sell certain classes of assets such that an insurer will be unable to meet its obligations and contractual
                guarantees. Liquidity risk also includes the risk that in the event of a company liquidity crisis, refinancing is only possible at higher interest rates. Liquidity risk can be </font></div>
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                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
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                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25 of 67</font></div>
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            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
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              <div style="margin-bottom:3pt;text-align:center"><br>
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              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">affected by the maturity of liabilities, the
                presence of withdrawal penalties, the breadth of funding sources, and terms of funding sources. It can also be affected by counterparty collateral triggers as well as whether anticipated liquidity sources, such as credit agreements, are
                cancelable. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company manages liquidity within four specific
                domains: (1) monitoring product development, product management, business operations, and the investment portfolio; (2) setting ALM strategies; (3) managing the cash requirements stemming from the Company&#8217;s derivative dynamic economic
                hedging activities; and (4) establishing liquidity facilities to provide additional liquidity. The Company has established liquidity risk limits, which are approved by the Company&#8217;s Risk Committee, and the Company monitors its liquidity
                risk regularly. The Company also sets target levels for the liquid securities in its investment portfolio.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(d)&#160;&#160;&#160;&#160;Interest Rate Risk</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Interest rate risk is the risk that movements in
                interest rates or interest rate volatility will cause a decrease in the value of an insurer&#8217;s assets relative to the value of its liabilities and/or an unfavorable change in prepayment activity resulting in compressed interest margins.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has an ALM strategy to align cash flows
                and duration of the investment portfolio with policyholder liability cash flows and duration. The Company further limits interest rate risk on variable annuity guarantees through interest rate hedges. The Company monitors the economic and
                accounting impacts of interest rate sensitivities on assets and liabilities regularly. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(e)&#160;&#160;&#160;&#160;Equity Market Risk</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Equity market risk is the risk that movements in
                equity prices or equity volatility will cause a decrease in the value of an insurer&#8217;s assets relative to the value of its liabilities. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The policy value of the fixed-indexed universal
                life, fixed-indexed annuity, and variable-indexed annuity products is generally linked to equity market indices. The Company economically hedges this exposure with derivatives. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Variable annuity products guarantee minimum
                payments regardless of market movements. The Company has adopted an economic hedging program to manage the equity risk of these products. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company monitors the impacts of equity
                sensitivities on assets and liabilities regularly.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Basis risk is the risk that variable annuity hedge
                asset values change unexpectedly relative to the value of the underlying separate account funds of the variable annuity contracts. Basis risk may arise from the Company&#8217;s inability to directly hedge the underlying investment options of the
                variable annuity contracts. The Company regularly reviews and synchronizes fund mappings, product design features, hedge design, and manages funds line-up.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(f)&#160;&#160;&#160;&#160;Operational Risk</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Operational risk is the risk of loss resulting from
                inadequate or failed internal processes and systems, from human misbehavior or error, or from external events. Operational risk is comprised of the following seven risk categories: (1) external fraud; (2) internal fraud; (3) employment
                practices and workplace safety; (4) clients/third-party, products and business practices; (5) damage to physical assets; (6) business disruption and system failure; and (7) execution, delivery, and process management. Operational risk is
                comprehensively managed through a combination of core qualitative and quantitative activities. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Operational Risk Management framework includes
                the following key activities: (1) an Operational Risk Capital Model covering all material types of operational risks, under which the Company quantifies and regularly monitors operational risk; (2) loss data capture to create transparency
                and gather information about losses that meet a designated threshold. Business owners are required to identify and resolve the root cause of operational loss events; and (3) an integrated risk and control system, a bottom-up risk assessment
                process for significant operational risk scenarios, to proactively manage significant operational risk scenarios throughout the organization. </font></div>
            <div style="height:58.5pt;position:relative;width:100%">
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                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26 of 67</font></div>
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                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(g)&#160;&#160;&#160;&#160;Regulatory Change Risk</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Regulatory change risk is the risk that regulatory
                changes and imposed regulation may materially impact the Company's business model, sales levels, company financials and ability to effectively comply with regulations. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company actively monitors all regulatory
                changes and participates in national and international discussions relating to legal, regulatory, and accounting changes. The Company maintains active membership with various professional and industry trade organizations. A formal process
                exists to review, analyze, and implement new legislation as it is enacted. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-indent:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(h)&#160;&#160;&#160;&#160;Rating Agency Risk</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:700;line-height:120%"> </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Rating agency risk is the risk that rating agencies
                change their outlook or rating of the Company or a subsidiary of the Company. The rating agencies generally utilize proprietary capital adequacy models in the process of establishing ratings for the Company. The Company is at risk of
                changes in these models and the impact that changes in the underlying business that it is engaged in can have on such models. To mitigate this risk, the Company maintains regular communications with the rating agencies and evaluates the
                impact of significant transactions on such capital adequacy models and considers the same in the design of transactions to minimize the adverse impact of this risk. Rating agency capital is calculated and analyzed at least annually. Rating
                agency risk is also addressed in the TRA process and on an ad hoc basis as necessary. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(i)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Mortality/Longevity
                Risk</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Mortality/longevity risk is the risk that mortality
                experience is different than the life expectancy assumptions used by the Company to price its products. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company mitigates mortality risk primarily
                through reinsurance, whereby the Company cedes a significant portion of its mortality risk to third parties. The Company also manages mortality risk through the underwriting process. Both mortality and longevity risks are managed through
                the review of life expectancy assumptions and experience in conjunction with active product management. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(j)&#160;&#160;&#160;&#160;Lapse Risk</font></div>
            <div style="margin-bottom:10pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Lapse risk is the risk that actual lapse
                experience evolves differently than the assumptions used for pricing and valuation exercises leading to a significant loss in Company value and/or income. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company mitigates this risk by performing
                sensitivity analysis at the time of pricing to affect product design, adding Market Value Adjustments and surrender charges when appropriate, regular ALM analysis, and exercising management levers at issue, as well as post-issue as
                experience evolves. Policyholder experience is monitored regularly.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(k)&#160;&#160;&#160;&#160;Cyber Security Risk</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Cyber security risk is the risk of losses due to
                external and/or internal attacks impacting the confidentiality, integrity, and/or availability of key systems, data, and processes reliant on digital technology. The Company has implemented preventative, detective, response, and recovery
                measures including firewalls, intrusion detection and prevention, advanced malware detection, spyware and anti-virus software, email protection, network and laptop encryption, web content filtering, web application firewalls, and regular
                scanning of all servers and network devices to identify vulnerabilities. Controls are implemented to prevent and review unauthorized access. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(l)&#160;&#160;&#160;&#160;Reinsurance Risk</font></div>
            <div style="margin-bottom:10pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Reinsurance risk is the risk that reinsurance
                companies default on their obligation where the Company has ceded a portion of its insurance risk. The Company uses reinsurance to limit its risk exposure to certain business lines and to enable better capital management. </font></div>
            <div style="margin-bottom:10pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Reinsurance contracts do not relieve the Company
                from its obligations to policyholders. Failure of reinsurers to honor their obligations could result in losses to the Company. </font></div>
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                        <td style="width:0.1%"><br>
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                        <td style="width:1.0%"><br>
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                        <td style="width:32.233%"><br>
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                        <td style="width:0.1%"><br>
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              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company mitigates this risk by requiring
                certain counterparties to meet thresholds related to the counterparty&#8217;s credit rating, exposure, or other factors. If the thresholds are not met by those counterparties, they are required to establish a trust or letter of credit backed by
                assets meeting certain quality criteria. All arrangements are regularly monitored to determine whether trusts or letters of credit are sufficient to support the ceded liabilities and that their terms are being met. Also, the Company reviews
                the financial standings and ratings of its reinsurance counterparties and monitors concentrations of credit risk to minimize its exposure to significant losses from reinsurer insolvencies regularly.</font></div>
            <div style="height:58.5pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
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                        <td style="width:1.0%"><br>
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                        <td style="width:32.233%"><br>
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                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28 of 67</font></div>
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              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(5)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Investments</font></div>
            <div style="margin-bottom:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(a)&#160;&#160;&#160;&#160;Bonds, Other Assets Receiving Bond Treatment, and Stocks</font></div>
            <div style="margin-bottom:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">At December&#160;31, the amortized cost, gross unrealized gains, gross
                unrealized losses, and fair values of investments, excluding investments in affiliates, are shown below: </font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.939%" id="z3f536395e8a7436fb55b5eaa636d501d">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:38.966%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.135%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.923%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.634%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.756%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.634%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.923%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.634%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.095%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized cost</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross unrealized gains</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross unrealized losses</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair value</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds:</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">U.S.
                        government</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,318&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">300&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,608&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Agencies not backed by the full faith and credit of the U.S.
                          government</font></div>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">States

                        and political subdivisions</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,536&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,335&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,869&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign

                        governments</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,138&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">125&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,261&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Corporate

                        securities</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">70,975&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,730&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">90&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">83,615&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage-backed

                        securities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,126&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,232&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,349&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Collateralized

                        debt obligations</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 57.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total

                        bonds</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99,113&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,735&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">113&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">115,735&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common stocks</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">217&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">234&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Preferred stocks</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 48.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99,371&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,755&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">114&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">116,012&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.339%" id="z94ed2bf70f0040d68eff111f50767a50">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:38.563%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.144%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.017%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.640%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.849%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.640%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.017%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.640%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.190%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized cost</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross unrealized gains</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross unrealized losses</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair value</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds:</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">U.S.
                        government</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,014&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">123&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,129&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Agencies not backed by the full faith and credit of the U.S.
                          government</font></div>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">States

                        and political subdivisions</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,722&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,486&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,205&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign

                        governments</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">777&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">54&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">830&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Corporate

                        securities</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">70,048&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,385&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">68&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">77,365&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage-backed

                        securities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,313&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">612&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,909&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Collateralized

                        debt obligations</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 57.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total

                        bonds</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">98,893&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,673&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">96&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">108,470&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common stocks</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">144&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">153&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Preferred stocks</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 48.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99,066&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,685&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">97&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">108,654&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">At December&#160;31, 2020, amortized cost differed from
                the carrying value of bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus due to NAIC-6 rates bonds where the market value was lower than amortized cost. The total unrealized losses recorded by the
                Company for these bonds was an insignificant amount as of December 31, 2020. At December 31, 2019, the Company did not have any NAIC-6 rated bonds for which amortized cost differed from carrying value. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company had NAIC-6 rated bonds with a statement
                value of $3 and $4 as of December&#160;31, 2020 and 2019, respectively. There was no interest due on bonds in default, which was excluded from investment income due and accrued as of December&#160;31, 2020 and 2019.</font></div>
            <div style="height:58.5pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="zcdf3c565f4f9491a8928f37666c72375">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">At December&#160;31, 2020 and 2019, the Company had
                hybrid securities with a carrying value of $30 and $34, respectively.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2020 and 2019, investments with
                a statement value of $23 and $30, respectively, were held on deposit with various insurance departments and in other trusts as required by statutory regulations.&#160;&#160;&#160;&#160;</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The amortized cost and fair value of bonds and
                other assets receiving bond treatment reported in the statutory Annual Statement Schedule D Part 1A at December&#160;31, 2020, by contractual maturity, are shown below:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.939%" id="z609aeab156ef4024b88b43ed897f02f1">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:59.000%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:18.432%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.634%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:18.434%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Carrying<br>
                        value</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair value</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due in 1 year or
                        less</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,812&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,828&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due after 1 year
                        through 5 years</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,471&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13,585&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due after 5
                        years through 10 years</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20,310&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23,149&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due after 10
                        years through 20 years</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23,496&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29,053&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due after 20
                        years</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25,638&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31,330&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">No maturity date</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,243&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,412&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:6pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage-backed and other structured securities</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,143&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,378&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Total
                        bonds and other assets receiving bond treatment</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99,113&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">115,735&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Expected maturities will differ from contractual
                maturities, because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Proceeds from sales of bonds includes sales,
                maturities, paydowns, and other redemptions of bonds and other assets receiving bond treatment. Proceeds from sales of bonds for the years ended December 31 are shown below: </font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.789%" id="z8de11975a46447a8b5bb82fb74529998">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:53.247%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.636%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.615%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.636%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.114%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.636%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.116%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2018</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Proceeds from
                        sales</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,677&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,892&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,476&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross gains</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">162&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">75&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">94&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross losses</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">63&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Proceeds from sales of common stocks for the years
                ended December 31 are shown below:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.789%" id="z45a29e482192410591d1c1f54b44017d">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:53.247%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.636%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.615%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.636%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.114%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.636%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.116%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2018</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Proceeds from
                        sales</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">147&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">111&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">172&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross gains</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross losses</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Proceeds from sales of preferred stocks for the
                years ended December 31 are shown below:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt;text-align:justify">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.789%" id="zac4640fe4c3d44e5bc9864bb9fbab4d7">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:53.247%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.636%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.615%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.636%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.114%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.636%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.116%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2018</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Proceeds from
                        sales</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross gains</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross losses</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">For the years ended December&#160;31, 2020 and 2019,
                there were 138 and 93 CUSIPs sold, disposed, or otherwise redeemed as a result of a callable feature, respectively. The aggregate amount of investment income generated as a result of these transactions was $56 and $52 for 2020 and 2019,
                respectively.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company&#8217;s bond portfolio includes
                mortgage-backed securities. Due to the high quality of these investments and the lack of subprime loans within the securities, the Company does not have a material exposure to subprime mortgages.</font></div>
            <div style="height:58.5pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z08e6dbeba6de4552bdc0736ca2eff508">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(b)&#160;&#160;&#160;&#160;Unrealized Investment Losses</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">To determine whether or not declines in fair value
                are other than temporary, the Company performs a quarterly review of its entire combined investment portfolio, including investments held by subsidiaries, using quoted market prices by third-party sources. For further discussion, see
                Notes&#160;2 and 6.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Unrealized losses and the related fair value of
                investments held by the Company for the years ended December 31 are shown below: </font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:91.741%" id="z6e8a556c216c45a3a80c36b2d916319d">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:31.142%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.618%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.374%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.618%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.374%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.618%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.374%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.618%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.374%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.618%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.374%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.618%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.380%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="33" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">12 months or less</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Greater than 12 months</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair value</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Unrealized losses</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair value</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Unrealized losses</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair value</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Unrealized losses</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Bonds:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">U.S.
                        government</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">374&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">374&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Agencies not backed by the full faith and credit of the U.S. government</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Foreign

                        government</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">51&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">51&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">States
                        and political subdivisions</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">85&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">85&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Corporate

                        securities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,085&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">78&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">578&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">12&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,663&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">90&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Mortgage-backed

                        securities</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">158&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">41&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">199&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total
                        bonds</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,753&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">97&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">619&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,372&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">113&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Common stock</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total
                        temporarily impaired securities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,760&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">97&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">628&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,388&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">114&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:91.591%" id="z38d4b034cae84876b19b1b0f66958b42">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:31.031%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.619%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.391%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.619%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.391%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.619%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.391%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.619%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.391%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.619%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.391%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.619%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.400%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="33" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">12 months or less</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Greater than 12 months</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair value</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Unrealized losses</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair value</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Unrealized losses</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair value</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Unrealized losses</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Bonds:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">U.S.
                        government</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">292&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">292&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">584&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Agencies not backed by the full faith and credit of the U.S. government</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Foreign

                        government</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">123&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">123&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">States
                        and political subdivisions</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">87&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">87&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Corporate

                        securities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,089&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">27&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,250&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">41&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,339&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">68&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Mortgage-backed

                        securities</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,241&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">12&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">140&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,381&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total
                        bonds</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,832&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">49&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,682&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">47&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,514&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">96&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Common stock</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">24&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total
                        temporarily impaired securities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,850&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">50&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,688&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">47&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,538&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">97&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2020 and 2019, the number of
                investment holdings that were in an unrealized loss position was 472 and 548, respectively, for bonds, and 13 and 19, respectively, for common stocks.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2020 and 2019, of the total
                amount of unrealized losses, $76, or 67.7%, and $80, or 83.2%, respectively, are related to unrealized losses on investment grade securities. Investment grade is defined as a security having an NAIC SVO credit rating of 1 or 2. Unrealized
                losses on securities are principally related to changes in interest rates or changes in sector spreads from the date of purchase. As contractual payments continue to be met, management continues to expect all contractual cash flows to be
                received and does not consider these investments to be other-than-temporarily impaired. </font></div>
            <div style="height:58.5pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z1eb89332eb61425fa41227cdc2301131">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(c)&#160;&#160;&#160;&#160;Realized Investment Gains (Losses)</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net realized capital gains (losses) for the years
                ended December&#160;31 are shown below:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:90.090%" id="zbed9d04ef7fe4d0da69e485e0083a335">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:52.233%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.066%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.233%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.402%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2018</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(120)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(81)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stocks</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage Loans</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(34)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivatives</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">202&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,062&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(469)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total

                        realized capital gains (losses)</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">49&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,073&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(546)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income tax
                        benefit (expense) on net realized gains (losses)</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total

                        realized capital gains (losses), net of taxes</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">49&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,084&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(550)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net gains
                        (losses) transferred to IMR, net of taxes</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(93)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(60)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net
                        realized gains (losses), net of taxes and IMR</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">142&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,053&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(490)</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(d)&#160;&#160;&#160;&#160;Net Investment Income</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Major categories of net investment income for the
                years ended December&#160;31 are shown below:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.939%" id="z88ddc40b72e34f7fa82c5cae3468f59a">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:52.322%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.425%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.634%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.424%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.634%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.761%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2018</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest:</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds</font></td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,189&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,319&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,090&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage

                        loans on real estate</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">647&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">617&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">561&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Policy

                        loans</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash,

                        cash equivalents, and short-term investments</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividends:</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stocks</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment

                        in subsidiaries</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">67&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">70&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Rental income on
                        real estate</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivatives</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(14)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(109)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(102)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">47&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(8)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross

                        investment income</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,965&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,941&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,666&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment
                        expenses</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(138)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(146)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(126)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net
                        investment income before amortization of IMR</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,827&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,795&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,540&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Amortization of
                        IMR</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">44&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net
                        investment income</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,864&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,839&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,593&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(e)&#160;&#160;&#160;&#160;Mortgage Loans on Real Estate </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company's investment in mortgage loans on real
                estate includes CMLs and RMLs at December&#160;31, 2020 and 2019. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">At December&#160;31, 2020 and 2019, the Company's CML
                portfolio includes concentrations exceeding 10% for the following states:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:90.090%" id="z1e75528be9d64b4fbd531cbdc1c3957f">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:36.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.233%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.233%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.233%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.235%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration Amount</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration %</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration Amount</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration %</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">California</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,356&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22.6&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,364&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24.5&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>

              </table>
            </div>
            <div style="height:58.5pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="zd3255751725f4cdeb212406ff1e20912">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">32 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The maximum lending rates for CMLs made during 2020
                and 2019 were 4.1% and 5.0%, respectively. The minimum lending rates for CMLs made during 2020 and 2019 were 2.2% and 2.8%, respectively. The maximum percentage of any one loan to the value of security at the time of the loan extension
                exclusive of insured, guaranteed or purchased money mortgages was 84.8% and 74.6% during 2020 and 2019, respectively.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">At December&#160;31, 2020 and 2019, the Company's RML
                portfolio includes concentrations exceeding 10% for the following states:</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:90.090%" id="z6d6e45a480644e9b950b1cab7be4c6b1">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:36.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.233%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.233%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.233%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.235%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration Amount</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration %</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration Amount</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration %</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">California</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">353&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">46.3&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">240&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">49.2 %</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Florida</font></td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">80&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.4&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">51&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.4 %</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><br>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The maximum lending rates for RMLs made during 2020
                and 2019 was 8.3% and 9.1%. The minimum lending rates for RMLs made during 2020 and 2019 was 3.0% and 3.6%. The maximum percentage of any one loan to the value of security at the time of the loan extension exclusive of insured, guaranteed
                or purchased money mortgages for RMLs was 93.3% and 94.1% during 2020 and 2019.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2020 and 2019, there were no
                taxes, assessments, or amounts advanced that were excluded from the mortgage loan investment total.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(1)&#160;&#160;&#160;&#160;Age
                Analysis of Mortgage Loans</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table presents an age analysis of the
                Company's mortgage loan investments as of December&#160;31, 2020 and 2019 by type:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:448.50pt" id="z066c2c6ead06445898cb804251a78402">

                  <tr>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:175.75pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:64.75pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:64.75pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.75pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:64.75pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:64.75pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Residential</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Commercial</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Residential</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Commercial</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">693&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,813&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">481&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13,728&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30-59 Days Past
                        Due</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">60-89 Days Past
                        Due</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">90-179 Days Past
                        Due</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">180+ Days Past
                        Due</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">47&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">58&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">763&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,871&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">489&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13,728&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">For mortgage loans investments greater than 90 days
                past due and are still accruing interest, the recorded investment and interest accrued as of December&#160;31, 2020 and 2019 is shown below by type:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:448.50pt" id="zd0db60979bfe48ba9ffcd2521e33f512">

                  <tr>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:175.75pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:64.75pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:64.75pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.75pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:64.75pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:64.75pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Residential</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Commercial</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Residential</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Commercial</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accruing
                        Interest 90-179 Days Past Due</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Recorded

                        Investment</font></td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest

                        Accrued</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accruing
                        Interest 180+ Days Past Due</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Recorded

                        Investment</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest

                        Accrued</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">There were no mortgage loan investments for which
                interest was reduced as of December&#160;31, 2020 and 2019.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2020 and 2019 there were no RMLs
                in which the Company participated as a co-lender in a mortgage loan agreement. As of December&#160;31, 2020 and 2019, for CML investments, the recorded investment for which the Company participated as a co-lender in a mortgage loan agreement was
                $1,979 and $1,649, respectively. </font></div>
            <div style="height:58.5pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z55b4ad6667624ec4a20b32217a1f6c52">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(2) Impaired
                Mortgage Loans&#160;&#160;&#160;&#160;</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">For the years ended December&#160;31, 2020, and 2019,
                the recorded investment in impaired CMLs was $25, and $3, respectively. These amounts also represent the average recorded investment in impaired mortgage loans for the year ended December&#160;31, 2020, and 2019. There was no related allowance
                for credit losses on these investments and the Company did not participate as a co-lender in the related mortgage loan agreement. In addition, the impaired CMLs were not in nonaccrual status and no interest income recognized using a
                cash-basis method of accounting during the time that the loan was impaired. There was no recorded investment in impaired RMLs for the years ended December&#160;31, 2020, and 2019. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">There was $1 interest income recognized on impaired
                mortgage loans as of December&#160;31, 2020 and $0 interest income recognized in 2019 and 2018. The Company recognizes interest income on its impaired mortgage loans upon receipt of payment.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">There were no mortgage loans derecognized as a
                result of foreclosure as of December&#160;31, 2020 and 2019. </font></div>
            <div style="padding-left:36pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(3) Credit Quality Indicators</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company analyzes certain financing receivables
                for credit risk by using specific credit quality indicators. The Company has determined the loan-to-value ratio and the debt service coverage ratio are the most reliable indicators in analyzing the credit risk of its CML portfolio. The
                loan-to-value ratio is based on the Company&#8217;s internal valuation methodologies, including discounted cash flow analysis and comparative sales, depending on the characteristics of the property being evaluated. The debt service coverage ratio
                analysis is normalized to reflect a 25&#160;year amortization schedule. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The credit quality of CMLs as of December&#160;31 is
                shown below:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt;text-align:justify">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.789%" id="zf6cf4f2b38b14e9b9e50b2a18d051ae4">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:20.806%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.107%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.636%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.107%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.970%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:10.940%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.970%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.107%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.636%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.441%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.636%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:10.944%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Debt Service Coverage Ratios</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020:</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Greater than 1.4x</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1.2x &#8211; 1.4x</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1.0x &#8211; 1.2x</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Less than 1.0x</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percent of
                        Total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Loan-to-value
                        ratios:</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Less
                        than 50%</font></td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">620&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">52&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">73&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,992&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,737&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31.9&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50% &#8211;
                        60%</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">359&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">132&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">770&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,477&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,738&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38.6&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">60% &#8211;
                        70%</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">582&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">272&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">905&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,288&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,047&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27.2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">70% &#8211;
                        80%</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">35&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">102&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">163&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">300&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.0&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">80% &#8211;
                        90%</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">90% &#8211;
                        100%</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Greater

                        than 100%</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,599&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">604&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,911&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,757&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,871&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt;text-align:justify">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.639%" id="zb86189e9a6664743b12f4bc2bd7525d7">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:21.010%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.127%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.637%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.127%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.637%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.127%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.637%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.127%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.637%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.132%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.637%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:10.465%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Debt Service Coverage Ratios</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019:</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Greater than 1.4x</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1.2x &#8211; 1.4x</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1.0x &#8211; 1.2x</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Less than 1.0x</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percent of
                        Total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Loan-to-value
                        ratios:</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Less
                        than 50%</font></td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,805&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">146&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,020&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36.6&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50% &#8211;
                        60%</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,805&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">651&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">142&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,600&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33.5&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">60% &#8211;
                        70%</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,536&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,016&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">113&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,698&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26.9&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">70% &#8211;
                        80%</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">157&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">107&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">316&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.3&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">80% &#8211;
                        90%</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">54&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">91&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.7&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">90% &#8211;
                        100%</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Greater

                        than 100%</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,360&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,928&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">170&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">270&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13,728&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>

              </table>
            </div>
            <div style="height:58.5pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z1e982b2c329f40b59a006f49f2ba1f17">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has determined the delinquency status
                and the loan-to-value ratio are the most reliable indicators in analyzing the credit risk of its RML portfolio. The loan-to-value ratio is based on the Company's internal valuation methodologies, including discounted cash flow analysis and
                comparative sales, depending on the characteristics of the property being evaluated.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The loan-to-value ratios of RMLs as of December 31 are shown below:</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.339%" id="z01161d80f300452d9bda06062945f2c5">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:20.916%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:17.891%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.472%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:17.891%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.472%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:17.891%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.472%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:17.895%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt 2px 73pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt 2px 73pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percent of Total</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percent of Total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Loan-to-value ratios:</font></td>
                    <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Below
                        70%</font></td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">165&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21.6&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">111&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22.7&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71% to 80%</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">381</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">49.9&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">178</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36.4&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">81% to
                        90%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">206</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27.0&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">175</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">35.8&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">91% to 95%</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.6&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.1&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Above
                        95%</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
                    <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">764&#160;</font></td>
                    <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
                    </td>
                    <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">489&#160;</font></td>
                    <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
                    <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(f)&#160;&#160;&#160;&#160;Loan-Backed Securities</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">SSAP No.&#160;43R requires the bifurcation of impairment
                losses on loan-backed or structured securities into interest and noninterest-related portions. The noninterest portion is the difference between the present value of cash flows expected to be collected from the security and the amortized
                cost basis of the security. The interest portion is the difference between the present value of cash flows expected to be collected from the security and its fair value at the balance sheet date.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company had no loan-backed securities
                recognized in OTTI for the years ended December&#160;31, 2020, 2019, and 2018. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(g)&#160;&#160;&#160;&#160;Derivatives and Hedging Instruments </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company uses exchange-traded and OTC derivative
                instruments as a risk management strategy to economically hedge its exposure to various market risks associated with both its products and operations. Derivative assets and liabilities that do not qualify for hedge accounting treatment are
                recorded at fair value in the Statutory Financial Statements using valuation techniques further discussed in Note 6.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has derivative contracts with financing
                premium. The premium cost and fair value of derivative instruments with financing premium is shown below:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:449.25pt" id="zfafa3515a253422eb86296773afbb229">

                  <tr>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:157.00pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:94.75pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:94.75pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:94.75pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                  </tr>
                  <tr style="height:45pt">
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Undiscounted Future Premium Commitments</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Derivative FV with Premium Commitments
                      </font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Derivative FV Excluding Impact of
                        Future Settled Premiums</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">As of December
                        31, 2019</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(8)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">As of December
                        31, 2020</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Derivatives held by the Company are designated as either a cash flow
                hedging instrument (cash flow hedge) or nonqualified hedging instrument (nonqualifying strategies).</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(1) Cash Flow Hedges</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:40.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Foreign Currency Swaps on Debt Securities </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Foreign currency swaps have notional amounts and
                maturity dates equal and offsetting to the underlying debt securities and are determined to be highly effective as of December&#160;31, 2020 and 2019. </font></div>
            <div style="height:58.5pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="zf27b8216d664412d9730dc0f9458e2b9">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">35 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(2) Fair Value Hedges</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Interest Rate Swaps on Variable Annuity Insurance
                Liabilities</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">IRS traded after June 2013 are centrally cleared
                through an exchange. For IRS traded prior to June 2013 the IRS exposure was netted with other OTC derivatives upon settlement and were subject to the rules of the International Swaps and Derivatives Association, Inc. agreements. The fair
                values of the collateral posted for OTC and exchange traded derivatives are discussed in the derivative collateral management section below. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Prior to January 1, 2020, the Company designated
                hedge accounting for these IRS as a cash flow hedge under SSAP No. 86. The amounts previously recorded under the SSAP No. 86 relationship continue to be deferred and amortized over the life of the former hedge program. Effective January 1,
                2020, the Company de-designated its previous hedging relationship under SSAP No. 86 and simultaneously designated the hedging relationship under SSAP No. 108 as a fair value hedge. The relationship is deemed to be highly effective at
                December&#160;31, 2020.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><br>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">&#160;&#160;&#160;&#160;(3) Nonqualifying Strategies</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Futures and Options Contracts</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">OTC options and ETO are cleared through the Options
                Clearing Corporation, which operates under the jurisdiction of both the Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission. The fair values of the collateral posted for futures, OTC options, and ETO are
                discussed in the derivative collateral management section below.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Interest Rate Swaps</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company can receive the fixed or variable rate;
                IRS are traded in varying maturities. The fair values of the collateral posted and variation margin for OTC and centrally cleared IRS are discussed in the derivative collateral management section below. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Credit Default Swaps </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The CDS within the investment portfolios assume
                credit risk from a single entity or referenced index for the purpose of synthetically replicating investment transactions. The Company can be required to pay or be the net receiver on the contract depending on the net position. Credit
                events include bankruptcy of the reference and failure to pay by the reference. The notional amount is equal to the maximum potential future loss amount. The fair value of the collateral posted for centrally cleared CDS is discussed in the
                derivative collateral management section below. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Total Return Swaps</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company engages in the use of OTC TRS, </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">which allow the parties to exchange cash flows based on a variable reference rate such as the three-month
                LIBOR and the return of an underlying index. </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The fair value of the collateral posted for OTC TRS is discussed in the
                derivative collateral management section below.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">To Be Announced Securities</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company uses OTC TBA forward contracts to gain
                exposure to the investment risk and return of mortgage-backed securities. Typically, the price is agreed upon at the time of the contract and payment for such a contract is made at a specified future date. The fair value of the collateral
                posted for OTC TBA securities is discussed in the derivative collateral management section below. </font></div>
            <div style="height:58.5pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="zb2a5e276d31242bd8059b4fe9c91f77c">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table presents a summary of the
                aggregate notional amounts and fair values of the Company&#8217;s derivative instruments reported on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus as of December 31: &#160;&#160;&#160;&#160;</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt;text-align:justify">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.489%" id="z0e54b88ba9a4435aa52274b4c88a9437">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:30.611%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.638%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:10.477%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.638%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.967%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.638%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.967%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.638%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:10.309%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.638%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.967%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.638%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.974%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Gross Fair Value</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Gross Fair Value</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Notional</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:700;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</font></div>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Assets</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Liabilities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Notional</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:700;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</font></div>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Assets</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Liabilities</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Cash flow hedging
                        instruments</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Foreign currency
                        swaps</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,341&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">56&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(76)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,271&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">92&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(16)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">IRS</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</font></div>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,491&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total
                        cash flow hedging instruments</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">56&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(76)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">92&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(16)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:11pt">
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair value
                        hedging instruments</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">IRS</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,709&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">472&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(40)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total
                        fair value hedging instruments</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">472&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(40)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:11pt">
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nonqualifying
                        hedging instruments</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">OTC options</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">51,430&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,433&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(3,013)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">87,987&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,257&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,958)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">ETO</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">15,224&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">136&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(96)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,151&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">31&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(41)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">TBA securities</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,331&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,331&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">IRS </font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,631&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(18)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,049&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(20)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Futures</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">19,312&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">26,776&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">TRS</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11,653&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(18)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,148&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(13)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total
                        nonqualifying hedging instruments</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,586&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(3,146)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,299&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2,033)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total
                        derivative instruments</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,114&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(3,262)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,391&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2,049)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:11pt">
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="39" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> Notional amounts are presented on an absolute basis.</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="39" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> The IRS amounts subject to SSAP No. 86 hedge accounting represent amounts that existed when hedge accounting was designated and still exist as of the end of
                          the reporting period. The fair values for such instruments are not included herein as they are not recorded on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.</font></div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-top:3pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Derivative Collateral Management</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company manages derivative collateral for the
                general account and separate account combined and separate collateral for exchange-traded and OTC derivatives. The total collateral posted for exchange-traded derivatives at December&#160;31, 2020 and 2019, had a fair value of $2,476 and $2,151,
                respectively, and is included in Bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus and recorded at amortized cost. The Company retains ownership of the exchange-traded collateral, but the collateral
                resides in an account designated by the exchange. The collateral is subject to specific exchange rules regarding rehypothecation. The total collateral posted for OTC derivatives at December&#160;31, 2020 and 2019, had a fair value of $3,054 and
                $1,200, respectively, and is included in Bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The Company posts collateral to OTC counterparties based upon exposure amounts. The Company retains
                ownership of the OTC collateral.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(h)&#160;&#160;&#160;&#160;Offsetting Assets and Liabilities</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company elects to disclose derivative assets
                and liabilities eligible for offset under SSAP No.&#160;64 &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Offsetting and Netting of Assets and
                Liabilities</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> on a gross basis on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus in
                accordance with the provisions set forth in SSAP No.&#160;86. This treatment is consistent with the Company&#8217;s historical reporting presentation.</font></div>
            <div style="height:58.5pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z6e1db0d02af9471782dcc467811b8caf">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(i)&#160;&#160;&#160;&#160;Securities Lending</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company loaned securities with a carrying value
                of $2,212 and $2,322 and a fair value of $2,610 and $2,603 as of December&#160;31, 2020 and 2019, respectively. The aggregate amount of collateral received through securities lending at December&#160;31 is as follows: </font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:90.090%" id="z7832d0b32d704768b88037f037f5e5b1">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:58.900%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:18.066%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:18.068%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair Value</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Open</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#C5E8F9;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,587&#160;</font></td>
                    <td style="background-color:#C5E8F9;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,337&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30
                        days or less</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31
                        to 60 days</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">61
                        to 90 days</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Greater

                        than 90 days</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subtotal</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,587&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,337&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Securities
                        received</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">86&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">328&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        collateral received</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,673&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,665&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><br>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The aggregate amount of cash collateral reinvested
                through securities lending at December&#160;31 is as follows: </font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.639%" id="z1ca9022329a844a3b15e8de6cf448dbd">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:38.598%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.637%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.137%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.637%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.137%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.637%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.137%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.637%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.143%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized cost</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair value</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized cost</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair value</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Open</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30 days or less</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">950&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">950&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,070&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,070&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31 to 60 days</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">955&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">955&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">548&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">548&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">61 to 90 days</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">66&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">66&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">91 to 120 days</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">66&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">66&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">121 to 180 days</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">143&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">143&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">344&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">344&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">181 to 365 days</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">473&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">473&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">309&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">309&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Greater than 1
                        year</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        collateral reinvested</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,587&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,587&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,337&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,337&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2020 and 2019, the Company had
                no borrowings outstanding from collateral securities lending. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Reinvested collateral is recorded in Other invested
                assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The amount and type of reinvested collateral at December 31 is as follows:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:90.090%" id="zcff7457518b74f64bb11001d26757a32">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:59.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:18.066%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:18.068%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash and cash
                        equivalents</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,630&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,339&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Short-term
                        investments</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">957&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">998&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,587&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,337&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(j) &#160;&#160;&#160;&#160;Reverse Repurchase
                Agreements</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company participates in both bilateral and
                tri-party repos. As of December&#160;31, 2020 and 2019, the Company did not sell or acquire any securities that resulted in default. The Company did not recognize a liability to return cash collateral as of December&#160;31, 2020 and 2019. </font></div>
            <div style="height:58.5pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z9b417da0503747a59568120daa992f2b">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">All collateral received, as of December&#160;31, 2020
                and 2019, were bonds with a designated NAIC-1 rating. Further information related to repos for the years ended December&#160;31, 2020 and 2019, is as follows:&#160;&#160;&#160;&#160;</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt;text-align:justify">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.939%" id="za962c9af33954dc1a67b37c27d87e48e">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.425%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.425%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.425%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.425%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:17.430%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.634%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:17.436%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">As of year end</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="9" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1. Maturity</font></div>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="12" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">a. Overnight</font></div>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">430&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,482&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="12" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">b. 2 Days to 1 Week</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="12" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2. Collateral Pledged and Securities Acquired Under Repo</font></div>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="12" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">a. Cash Collateral Pledged - Secured Borrowing</font></div>
                    </td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">430&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,482&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="12" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">b. Fair Value of Securities Acquired Under Repo - Secured Borrowing</font></div>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">435&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,494&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt;text-align:justify">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.939%" id="z0fc0c4bbe1f94e63ba8b2f920e753e19">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.425%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.425%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.425%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.425%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:17.430%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.634%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:17.436%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Maximum Amount</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="9" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.
                        Maturity</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="12" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">a.
                        Overnight</font></td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,878&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,482&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="12" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">b. 2
                        Days to 1 Week</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="12" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.
                        Collateral Pledged and Securities Acquired Under Repo</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="12" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">a. Cash
                        Collateral Pledged - Secured Borrowing</font></td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,878&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,482&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="12" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">b. Fair
                        Value of Securities Acquired Under Repo - Secured Borrowing</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,906&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,494&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(k)&#160;&#160;&#160;&#160;Non-insurance SCA
                Investments</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">A summary of the Company&#8217;s SSAP No. 97 &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Investments in Subsidiary, Controlled and Affiliated Entities</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">, non-insurance SCA investments, including their respective asset value and NAIC filing information, as of December&#160;31, 2020 is as follows: </font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.639%" id="zdd5e70f8c6e04ac29d68fba8c947c1b0">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:26.203%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.637%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.447%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.637%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.447%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.637%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.280%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.637%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.447%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.637%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.280%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.637%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.447%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.637%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.790%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">SCA Name</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Gross Asset</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Non-Admitted Asset</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Net Admitted Assets</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">NAIC Filing Date</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">NAIC Filing Type</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">NAIC Filing Balance</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Re-submission Required?</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">AZLPF</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">777&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">777&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6/10/2020</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">S2</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">792&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">N</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">777&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">777&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">XXX</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">XXX</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">792&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">XXX</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(l)&#160;&#160;&#160;&#160;FHLB Agreements </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company held Class A FHLB membership stock of
                $10 and $10 at December&#160;31, 2020 and 2019 and activity stock of $60 and $40 at December&#160;31, 2020 and 2019, respectively. The Company has a fully collateralized borrowings with a balance of $1,500 and $1,000 as of December&#160;31, 2020 and 2019
                which is recorded in Borrowed money on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. All FHLB transaction activity occurs in the Company's general account.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Securities collateral pledged to FHLB at December 31 is as follows:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.939%" id="zb9ed5a39bb5249c799c0189f18cf4605">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:58.165%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.634%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:18.432%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.634%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:18.435%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Carrying value</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,336&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">875&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fair value</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,736&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,118&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The maximum of collateral pledged to FHLB during the year ended
                December 31 was as follows:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.939%" id="zcb0c42a53cb343df96bc297ac1163769">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:58.165%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.634%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:18.432%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.634%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:18.435%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Carrying value</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,994&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,745&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fair value</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,254&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,244&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2020 and 2019, the Company had
                $1,500 and $1,000, respectively, in total borrowing capacity under its agreement with the FHLB. The maximum amount of aggregate borrowing from FHLB during the years ended December&#160;31, 2020 and 2019 was $2,000 and $2,000, respectively.
                Borrowings are not subject to prepayment penalties. Outstanding borrowings as of December&#160;31, 2020, were issued on various dates ranging from October 17, 2016 to December 18, 2020 and interest rates on those borrowings range from 0.43% to
                3.20%. Interest paid on borrowings was $15 for the year ended December&#160;31, 2020.</font></div>
            <div style="height:58.5pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="zd9cdc90e251c479da98b3aaf182c455f">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(m)&#160;&#160;&#160;&#160;Restricted Assets</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2020 and 2019, the Company had
                the following restricted assets, including assets pledged to others as collateral:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:87.687%" id="ze9efefa23b7d4413b67768dc70110e63">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:24.413%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.656%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:10.030%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.656%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:10.030%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.656%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.489%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.656%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.400%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.656%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.400%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.656%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.402%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Gross Restricted</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Percentage</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total general account</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total from prior year</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Increase
                        (decrease)</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total current
                        year admitted restricted</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Gross restricted to total assets</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Admitted restricted to total admitted assets</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Collateral held
                        under security lending arrangements</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,673&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,665&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,673&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.5&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.5&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">FHLB Capital
                        Stock</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">70&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">50&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">20&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">70&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">On deposit with
                        states</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">On deposit with
                        other regulatory bodies</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">19&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">26&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(7)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">19&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Pledged as
                        collateral to FHLB (including assets backing funding agreements)</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,336&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">875&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">461&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,336&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.8&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.8&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Derivative
                        collateral</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,266&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,063&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">203&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,266&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total
                        restricted assets</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,368&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,683&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">685&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,368&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3.6&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3.6&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(n)&#160;&#160;&#160;&#160;Low Income Housing Tax Credits</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2020 the Company had various
                LIHTC investments with a range of 5 to 13 remaining years of unexpired tax credits and no required holding period. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The amount of tax credits and other tax benefits
                recognized during the years ended December&#160;31, 2020, 2019 and 2018 is $38, $29, and $20, respectively.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The balance of the investment recognized in the
                Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus for the years ended December&#160;31, 2020 and 2019 is $403 and $339, respectively. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Additionally, the Company's LIHTC investments
                require a commitment of capital. The Company has open capital commitments of $199 and $171 at December&#160;31, 2020 and 2019, respectively, which is recorded as an unfunded commitment liability of $199 and $147, as of December&#160;31, 2020 and
                2019. LIHTC commitments are considered an open capital commitment beginning when then Company formally commits to fund the LIHTC, but they are not recorded as an unfunded commitment asset and liability until the Company has begun funding
                the LIHTC.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(o)&#160;&#160;&#160;&#160;5GI Securities</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2020 and 2019, details regarding
                the Company's 5GI securities are as follows:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt;text-align:justify">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:448.50pt" id="zf6d9290bd90c48199e3a3e7067c2e8ed">

                  <tr>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:90.25pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:46.75pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:61.75pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:61.75pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.75pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:46.75pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:61.75pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:61.75pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr style="height:33pt">
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Number of Securities</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Aggregate Book Adjusted Carrying Value</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Aggregate Fair Value</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Number of Securities</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Aggregate Book Adjusted Carrying Value</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Aggregate Fair Value</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Bonds</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">40&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">44&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:23pt">
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Loan-backed and
                        structured securities</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">40&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">44&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(6)&#160;&#160;&#160;&#160;Fair Value Measurements</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">SSAP No. 100R &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Fair Value</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">
                establishes a fair value hierarchy that prioritizes the inputs used in the valuation techniques to measure fair value.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-45pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Level&#160;1 &#8211; &#160;&#160;&#160;&#160;Unadjusted quoted
                prices for identical assets or liabilities in active markets that the Company has the ability to access at the measurement date.</font></div>
            <div style="height:58.5pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="zedff33058acc44888a564cc27d12416b">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-45pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Level&#160;2 &#8211; &#160;&#160;&#160;&#160;Valuations derived
                from techniques that utilize observable inputs, other than quoted prices included in Level&#160;1, which are observable for the asset or liability either directly or indirectly, such as: </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(a)&#160;&#160;&#160;&#160;Quoted prices for similar assets or
                liabilities in active markets. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(b)&#160;&#160;&#160;&#160;Quoted prices for identical or similar
                assets or liabilities in markets that are not active. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(c)&#160;&#160;&#160;&#160;Inputs other than quoted prices that are
                observable. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:108pt;text-align:justify;text-indent:-36pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(d)&#160;&#160;&#160;&#160;Inputs that are derived
                principally from or corroborated by observable market data by correlation or other means. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-45pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Level&#160;3 &#8211; &#160;&#160;&#160;&#160;Valuations derived
                from techniques in which the significant inputs are unobservable. Level&#160;3 fair values reflect the Company&#8217;s own assumptions about the assumptions that market participants would use in pricing the asset or liability (including assumptions
                about risk). </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has analyzed the valuation techniques
                and related inputs, evaluated its assets and liabilities reported at fair value, and determined an appropriate fair value hierarchy level based upon trading activity and the observability of market inputs. Based on the results of this
                evaluation and investment class analysis, each financial asset and liability was classified into Level&#160;1, 2, or 3.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following presents the assets and liabilities
                measured at fair value on a recurring basis and their corresponding level in the fair value hierarchy at December&#160;31: </font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:27pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:95.345%" id="ze8452a03f0dd4b09aefb8d53ff695817">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:36.695%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.689%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.388%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.587%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.388%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.587%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.388%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.587%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.391%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Level 1</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Level 2</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> (a)</font></div>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Level 3</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Assets at fair value:</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common

                        stocks</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">163&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">164&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative

                        assets</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">136&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,036&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,179&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate

                        account assets</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21,789&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,408&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33,197&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        assets reported at fair value</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22,088&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,448&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37,544&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Liabilities at fair value:</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative

                        liabilities</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">96&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,161&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,275&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate

                        account derivative liabilities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,332&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,332&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        liabilities reported at fair value</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">96&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13,493&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13,607&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:9pt">
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="27" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(a)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> The Company does not have any assets or liabilities measured at net asset value (NAV) that are included in Level 2
                          within this table.</font></div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:27pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:95.345%" id="z097f224ed5fd4175a90895f6c65a2745">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:36.695%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.689%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.388%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.587%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.388%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.587%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.388%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.587%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.391%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Level 1</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Level 2 </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(a)</font></div>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Level 3</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Assets at fair value:</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common

                        stocks</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">101&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">102&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative

                        assets</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,394&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,426&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate

                        account assets</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22,766&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,265&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26,031&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        assets reported at fair value</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22,898&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,659&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28,559&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Liabilities at fair value:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative

                        liabilities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,014&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,068&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate

                        account derivative liabilities</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,531&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,531&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        liabilities reported at fair value</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,545&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,599&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:9pt">
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="27" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:3pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(a)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> The Company does not have any assets or liabilities measured at NAV that are included in Level 2 within this table.</font></div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="height:58.5pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="zeaa3caf6d7a34f129be4f68c8403cb1b">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:10pt;margin-top:3pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following is a discussion of the methodologies
                used to determine fair values for the assets and liabilities listed in the above table. These fair values represent an exit price (i.e., what a buyer in the marketplace would pay for an asset in a current sale or charge to transfer a
                liability). The Company has not made changes to valuation techniques in 2020. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(a)&#160;&#160;&#160;&#160;Valuation of Bonds and Unaffiliated Stock</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The fair value of bonds is based on quoted market
                prices in active markets when available. Based on the market data, the securities are categorized into asset class, and based on the asset class of the security, appropriate pricing applications, models and related methodology, and standard
                inputs are utilized to determine what a buyer in the marketplace would pay for the security in a current sale. When quoted prices are not readily available or in an inactive market, standard inputs used in the valuation models, listed in
                approximate order of priority, include, but are not limited to, benchmark yields, reported trades, Municipal Securities Rulemaking Board reported trades, Nationally Recognized Municipal Securities Information Repository material event
                notices, broker-dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers, reference data, and industry and economic events. In some cases, including private placement securities and certain difficult-to-price
                securities, internal pricing models may be used that are based on market proxies. Internal pricing models based on market spread and U.S. Treasury rates are used to value private placement holdings. The primarily unobservable input used in
                the discounted cash flow models for states and political subdivisions, foreign government, and corporate bonds is a corporate index option adjusted spread (OAS). CDOand certain mortgage-backed securities are priced by a third-party vendor
                and the Company internally reviews the valuation for reasonableness. The Company does not have insight into the specific inputs; however, the key unobservable inputs would generally include default rates.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Generally, U.S. Treasury securities and
                exchange-traded stocks are included in Level&#160;1. Most bonds for which prices are provided by third-party pricing sources are included in Level&#160;2, because the inputs used are market observable. Bonds for which prices were obtained from broker
                quotes, certain bonds without active trading markets and private placement securities that are internally priced are included in Level&#160;3.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The fair value of unaffiliated common stocks is
                based on quoted market prices in active markets when available and included in Level 1. When quoted prices are not readily available or in an inactive market, the Company arrives at fair value utilizing internal pricing models based on
                available market inputs or obtains valuations from third party brokers or investment managers. Such investments may be categorized in Level 2 or Level 3. The primary unobservable input used to value common stock are indicative quotes
                received from third-party vendors. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(b)&#160;&#160;&#160;&#160;Valuation of Derivatives</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Active markets for OTC options do not exist. The
                fair value of OTC options is derived internally, by calculating their expected discounted cash flows, using a set of calibrated, risk-neutral stochastic scenarios, including a market data monitor, a market data model generator, a stochastic
                scenario calibrator, and the actual asset pricing calculator. The valuation results are reviewed by Management via the Pricing Committee. OTC options that are internally priced, foreign currency swaps, CDS, TBA securities, and IRS are
                included in Level&#160;2, because they use market observable inputs. TRS are included in Level&#160;3 because they use valuation techniques in which significant inputs are unobservable. The fair value of ETOs and futures are based on quoted market
                prices and are generally included in Level&#160;1. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Certain derivatives are priced using external
                third-party vendors. The Company has controls in place to monitor the valuations of these derivatives. Using market observable inputs, IRS prices are derived from a third-party source and are independently recalculated internally and
                reviewed for reasonableness at the position level on a monthly basis. TRS prices are obtained from the respective counterparties. These prices are also internally recalculated and reviewed for reasonableness at the position level on a
                monthly basis. The Company does not have insight into the specific inputs used by third-party vendors; however, the key unobservable input would generally include the spread.</font></div>
            <div style="height:58.5pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z6e473309382c4348b660b04b7e7bb3ba">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(c)&#160;&#160;&#160;&#160;Valuation of Separate Account Assets and
                Separate Account Derivative Liabilities</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Separate account assets and Separate account
                derivative liabilities, with the exception of certain bonds, cash, cash equivalents, and investment income due and accrued, are carried at fair value, which is based on the fair value of the underlying assets which are described throughout
                this note. Funds in the separate accounts are primarily invested in variable investment option funds with the following investment types: bond, domestic equity, international equity, or specialty. Variable investment option funds are
                included in Level&#160;1 because their fair value is based on quoted prices in active, observable markets. The remaining investments are categorized similar to the investments held by the Company in the general account (e.g., if the separate
                account invested in bonds, short-term investments and derivatives, that portion could be classified within Level&#160;2 or Level&#160;3). Certain bonds, cash, and cash equivalents, along with related accrued investment income, carried at amortized
                cost within the separate account have an amortized cost of $12,704 and $8,607 as of December&#160;31, 2020 and 2019, respectively, and a fair value of $13,689 and $8,928 as of December&#160;31, 2020 and 2019, respectively. Separate account assets
                carried at amortized cost are included in the table in section 6(h) below. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(d)&#160;&#160;&#160;&#160;Level&#160;3 Rollforward</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table provides a reconciliation of
                the beginning and ending balances for the Company&#8217;s Level&#160;3 assets and liabilities measured at fair value on a recurring basis:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.039%" id="z1ef60d4ad1174b21a2511f4319b408f3">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.065%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.210%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.041%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.210%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.210%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.041%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.210%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.213%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 1, 2020</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Transfers into<br>
                        Level 3</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Transfers out<br>
                        of Level 3</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total gains<br>
                        and (losses)<br>
                        included in<br>
                        Net Income</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total gains<br>
                        and (losses)<br>
                        included in<br>
                        Surplus</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Purchases, issuances, sales and
                        settlements</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December 31, 2020</font></td>
                  </tr>
                  <tr style="height:11pt">
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Common stocks</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">TRS assets</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">960&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(960)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total
                        Level 3 Assets</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">960&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(960)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:11pt">
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">TRS liabilities</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(13)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(568)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(5)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">568&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(18)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total
                        Level 3 Liabilities</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(13)</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(568)</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(5)</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">568&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(18)</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:88.888%" id="z2cd825f544b245f6bd743bc502dbecf1">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.582%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.231%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.231%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.231%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.231%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.231%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.231%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.232%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 1, 2019</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Transfers into<br>
                        Level 3</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Transfers out<br>
                        of Level 3</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total gains<br>
                        and (losses)<br>
                        included in<br>
                        Net Income</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total gains<br>
                        and (losses)<br>
                        included in<br>
                        Surplus</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Purchases, issuances, sales and
                        settlements</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December 31, 2019</font></td>
                  </tr>
                  <tr style="height:11pt">
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Bonds</font></td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(3)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Common stocks</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">TRS assets</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">96&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">633&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(95)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(633)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total
                        Level 3 Assets</font></td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">101&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">630&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(95)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(634)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:11pt">
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">TRS liabilities</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(23)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(129)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">129&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(13)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total
                        Level 3 Liabilities</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(23)</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(129)</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">129&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(13)</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(e)&#160;&#160;&#160;&#160;Transfers</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company reviews its fair value hierarchy
                classifications annually. Transfers between levels occur when there are changes in the observability of inputs and market activity. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">All transfers into Level 3 were a result of
                observable inputs no longer being considered reliable or could no longer be validated against an alternative source. The transfers out of Level 3 were a result of securities no longer being carried at fair value as a result of new
                availability of reliable observable inputs or the ability to validate market price of the security against an alternative source.</font></div>
            <div style="height:58.5pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="zb310031074054c22ab6ca289a6ae7450">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(f)&#160;&#160;&#160;&#160;Sensitivity of Fair Value Measurements to
                Changes in Unobservable Inputs</font></div>
            <div style="margin-bottom:10pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Bonds: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The primary unobservable input used in the discounted cash flow models for states and political subdivisions, foreign government, and corporate bonds is a
                corporate index option adjusted spread (OAS). The corporate index OAS used is based on a security's sector, rating, and average life. A significant increase (decrease) of the corporate index OAS in isolation could result in a decrease
                (increase) in fair value.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">CDO and certain mortgage-backed securities are
                priced by a third-party vendor and the Company internally reviews the valuation for reasonableness. The Company does not have insight into the specific inputs used; however, the key unobservable inputs would generally include default rates.
                A significant increase (decrease) in default rates in isolation could result in an decrease (increase) in fair value.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Common stocks: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The primary unobservable input used to value common stock are indicative quotes received from third-party vendors. A significant increase (decrease) in the
                indicative quotes in isolation could result in a decrease (increase) in fair value.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Derivative assets and liabilities: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The TRS are priced by a third-party vendor and the Company internally reviews the valuation for reasonableness. The Company does not
                have insight into the specific inputs used; however, the key unobservable input would generally include the spread. For a long position, a significant increase (decrease) in the spread used in the fair value of the TRS in isolation could
                result in higher (lower) fair value. For a short position, a significant increase (decrease) in the spread used in the fair value of the TRS in isolation could result in lower (higher) fair value.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(g)&#160;&#160;&#160;&#160;Estimates</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has been able to estimate the fair
                value of all financial assets and liabilities.</font></div>
            <div style="height:58.5pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="zb4acbe0170ba4059a4454661d2ec24bc">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">44 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(h)&#160;&#160;&#160;&#160;Aggregate Fair Value of Financial
                Instruments</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following tables present the carrying amounts
                and fair values of all financial instruments at December 31 </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(b)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:90.090%" id="z3bc325fc22704717a88c54bdd13e7b05">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:25.566%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.737%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="27" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Aggregate Fair
                        Value</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Admitted
                        Assets/<br>
                        Carrying Value</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 1</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 2</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 3</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Financial

                        Assets</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Bonds</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">115,710&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">99,088&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,995&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">93,714&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17,001&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Preferred

                        stocks, unaffiliated</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">43&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">41&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">43&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Common

                        stocks, unaffiliated</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">234&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">234&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">163&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">71&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Mortgage

                        loans on real estate</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17,117&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">15,634&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17,117&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash
                        equivalents</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">878&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">878&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">448&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">430&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Derivative

                        assets</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,179&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,114&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">136&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,036&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Securities

                        lending reinvested collateral assets</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,587&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,587&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,587&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other
                        invested assets</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">757&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">757&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">23&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">734&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">COLI</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">653&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">653&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">653&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Separate

                        account assets</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">46,886&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">45,901&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">22,732&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">24,154&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Financial

                        Liabilities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deposit-type

                        contracts</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,395&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,749&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,395&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other
                        investment contracts</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">103,518&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">95,083&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">103,518&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Borrowed

                        money</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,516&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,501&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,516&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Derivative

                        liabilities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,275&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,262&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">96&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,161&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Payable

                        for securities lending</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,587&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,587&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,587&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Payable

                        for securities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">199&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">199&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">199&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Separate

                        account liabilities</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">46,886&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">45,901&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">22,732&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">24,154&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:11pt">
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="33" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(b)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> The Company does not have any assets or liabilities measured at NAV that are included in Level 2 in this table. In
                          addition, the Company has no assets or liabilities for which it is not practicable to measure at fair value.</font></div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="height:58.5pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z985f3c1857cc4914b65a86977a1cf459">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:90.090%" id="z9c7d68f1040949cc86df016d209bf0f1">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:25.566%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.737%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="27" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Aggregate Fair
                        Value</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Admitted
                        Assets/ Carrying Value</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 1</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 2</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 3</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Financial

                        Assets</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Bonds</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">106,848&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">97,269&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,864&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">87,898&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">15,086&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Preferred

                        stocks, unaffiliated</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">31&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">29&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">31&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Common

                        stocks, unaffiliated</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">152&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">152&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">101&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">51&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Mortgage

                        loans on real estate</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">15,241&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">14,217&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">15,241&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash
                        equivalents</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,863&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,863&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">361&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,502&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Short-term

                        investments</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">22&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">22&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">22&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Derivative

                        assets</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,426&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,391&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">31&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,394&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Securities

                        lending reinvested collateral assets</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,337&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,337&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,337&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other
                        invested assets</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">655&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">655&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">25&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">630&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">COLI</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">625&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">625&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">625&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Separate

                        account assets</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">34,959&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">34,638&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">23,090&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11,869&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Financial

                        Liabilities</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deposit-type

                        contracts</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,380&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,936&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,380&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other
                        investment contracts</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">102,903&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">93,649&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">102,903&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Borrowed

                        money</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,006&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,002&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,006&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Derivative

                        liabilities</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,068&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,049&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">41&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,014&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">13&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Payable

                        for securities lending</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,337&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,337&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,337&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Payable

                        for securities</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">147&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">147&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">147&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other
                        liabilities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,436)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(241)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,436)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Separate

                        account liabilities</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">34,959&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">34,638&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">23,090&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11,869&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:11pt">
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="33" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(b)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> The Company does not have any assets or liabilities measured at NAV that are included in Level 2 in this table. In
                          addition, the Company has no assets or liabilities for which it is not practicable to measure at fair value.</font></div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">A description of the Company&#8217;s valuation techniques
                for financial instruments not reported at fair value and categorized within the fair value hierarchy is shown below:</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Preferred Stock</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The fair value of unaffiliated preferred stocks is
                based on quoted market prices in active markets. When available, such investments are included in Level 1. When quoted prices are not readily available or in an inactive market, the Company arrives at fair value utilizing internal pricing
                models based on available market inputs. Such investments may be categorized in Level 2 or Level 3.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of FHLB Stock</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">FHLB stock, included in Common stocks, is not
                traded in an active market and is categorized in Level 3. FHLB stock is carried at cost, which approximates fair value unless it is impaired, based on provisions within the Company&#8217;s FHLB agreement that allow for return of outstanding
                shares of FHLB stock at the Company&#8217;s cost basis.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Mortgage Loans on Real Estate </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The fair value of commercial mortgage loans on real
                estate is calculated by analyzing individual loans and assigning ratings to each loan based on a combination of loan-to-value ratios and debt service coverage ratios. Fair value is determined based on these factors as well as the
                contractual cash flows of each loan and the current market interest rates for similar loans. The fair value of residential mortgage loans on real estate is calculated by discounting estimated cash flows, with discount rates based on current
                market conditions.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><br>
            </div>
            <div style="height:58.5pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z0b72dc4b94094d0f9443e2ba321e01b1">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">46 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
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                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Cash Equivalents</font></div>
            <div style="margin-bottom:7pt;margin-top:3pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Cash equivalents are comprised of money market
                mutual funds, cash equivalent bonds, and reverse repurchase agreements. The fair value of money market mutual funds are based on quoted market prices in active markets and included in Level 1. Reverse repurchase prices are provided by
                third-party pricing sources and included in Level 2, because the inputs used to determine fair value are market observable. </font></div>
            <div style="margin-bottom:7pt;margin-top:3pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Short-term Investments</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Short-term investments are comprised of bonds due
                in one year or less. The fair value of bonds is determined in line with bonds above.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Securities Lending Reinvested Collateral Assets </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Collateral held from securities lending agreements
                is primarily comprised of short-term and long-term highly liquid fixed-maturity securities. Fair values are determined and classified within the fair value hierarchy in a manner consistent with the method utilized to determine the fair
                value of similar securities (fixed-income securities, equity securities, cash and cash equivalents) held within the Company&#8217;s general account investment portfolio. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Other Invested Assets</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Other invested assets include LIHTC investments,
                limited partnership investments, loans to affiliates, and restricted stock unit (RSU) assets. As there is no observable market data on which to calculate fair value of the LIHTC investment balances, the fair value is set equal to carrying
                value. Limited partnership investments are recorded using the cost method in line with SSAP No. 48 &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Joint
                Ventures, Partnerships and Limited Liability Companies</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> using unobservable inputs. Loans to affiliates are carried at cost;
                due to the lack of an active market, the current carrying value is the only market price at which the transaction could be settled, the Company believes cost approximates fair value. Due to the use of unobservable inputs, LIHTC investments,
                limited partnership investments, and loans to affiliates are categorized as Level 3. RSU assets tied to the share price of Allianz SE stock but does not participate in an active market; given this, it is categorized as Level 2.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of COLI</font></div>
            <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The COLI policies held by the Company are carried at their respective cash surrender
                values, which approximates fair value. The cash surrender value of the policies is based on the value of the underlying assets, which are regularly priced utilizing observable inputs. The COLI asset is included within Other assets on the
                Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. At December&#160;31, 2020 and 2019, the cash surrender value in an investment vehicle is $653 and $625, respectively, and is allocated into the following categories
                based on primary underlying investment characteristics:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.939%" id="zb581d9cf7f3c4f8b9a431df054ffa9b1">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:54.492%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:21.103%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:21.105%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds</font></td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">80.0&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">64.0&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stocks</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20.0&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36.0&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Deposit-Type Contracts </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Fair values of deposit-type contracts are based on
                discounted cash flows using internal inputs, including the discount rate and consideration of the Company&#8217;s own credit standing and a risk margin for actuarial inputs. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Other Investment Contracts </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Other investment contracts are included within Life
                policies and annuity contracts within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Other investment contracts include certain reserves related to deferred annuities and other payout annuities that may
                include life contingencies, but do not have significant mortality risk due to substantial periods certain. Fair values are based on discounted cash flows using internal inputs, including the discount rate and consideration of the Company&#8217;s
                own credit standing and a risk margin for market inputs. </font></div>
            <div style="height:58.5pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z2399320eb498479dbb20614529ca197c">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">47 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
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                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Borrowed Money </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The fair value of the FHLB borrowing is calculated
                on a discounted cash flow basis. Each position includes a monthly interest rate, a maturity payment amount, and a maturity date. The interest and maturity payments are projected as of the valuation date, and the expected cash flows are
                discounted using the valuation date swap curve. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Payable for Securities Lending</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Securities lending payable is set equal the to the
                cash collateral received. Due to the short-term nature of these loans, the carrying value is deemed to approximate fair value.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Payable for Securities</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Included in Payable for securities is the LIHTC
                investments unfunded commitment liability. As there is no observable market data on which to calculate fair value of the LIHTC investment unfunded commitment asset and liability, fair value is set equal to carrying value, and the balance is
                categorized as Level 3.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Other Liabilities</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Prior to the adoption of SSAP No. 108 as of January
                1, 2020, other liabilities included the IRS hedge adjustment for certain variable annuity guarantee benefits. The carrying value was equal to the initial book value of the IRS created from inception until the designation of hedge accounting
                in addition to subsequent changes due to the hedged item or realized gains or losses recorded under hedge accounting. The fair value represents the fair value of the IRS that are not recorded on the Statutory Statements of Admitted Assets,
                Liabilities, and Capital and Surplus due to the hedge accounting designation, and is determined in line with item (b) above. See Note 2(k) for further discussion of the Company's hedge accounting treatment.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Separate Account Liabilities</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The fair value of separate account liabilities
                approximates the fair value of separate account assets.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(7)&#160;&#160;&#160;&#160;Mortgage Notes Payable</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In 2004, the Company obtained an $80 mortgage loan
                from an unrelated third-party for the Company&#8217;s headquarters. In 2005, the Company agreed to enter into a separate loan agreement with the same counterparty in conjunction with the construction of an addition to the Company&#8217;s headquarters
                of $65. This loan was funded in 2006 and combined with the existing mortgage. As of December&#160;31, 2020 and 2019, the combined loan had a balance of $41 and $51, respectively, and is reported within Real estate on the Statutory Statements of
                Admitted Assets, Liabilities, and Capital and Surplus. This 20&#160;year, fully amortizing loan has an interest rate of 5.52%, with a maturity date of August&#160;1, 2024. The level principal and interest payments are made monthly. The loan allows
                for prepayment; however, it is accompanied by a make-whole provision.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Interest expense for all loans is $3, $3, and $4,
                in 2020, 2019, and 2018, respectively, and is presented in Net investment income on the Statutory Statements of Operations. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The future principal payments required under the
                loan are as follows:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:27pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:95.495%" id="z31b49b1e6d044272bfa5d55703ae5d68">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:81.289%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.511%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2021</font></td>
                    <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2022</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2023</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2024</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2026 and beyond</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="height:58.5pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="za5d5073376d742ce9060415f32f3eca5">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(8)&#160;&#160;&#160;&#160;Electronic Data Processing Equipment and Software (EDP) </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">EDP at December&#160;31 and the changes in the balance for the years then
                ended are as follows: </font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:27pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:94.642%" id="zfb020526df3947e7880ee1030baa3e72">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:55.346%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:20.283%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.586%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:20.285%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Servers,

                        computers and peripherals depreciation</font></td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Software

                        amortization</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net EDP balance,
                        by major classes of assets:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Servers,

                        computers and peripherals</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Software</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net EDP
                        balance</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">32&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Nonadmitted</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(38)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(31)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net
                        admitted EDP balance</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has a gross EDP asset of $73 and $63
                and accumulated depreciation and amortization of $(71) and $(62) at December&#160;31, 2020 and 2019, respectively. Servers, computers and peripherals are depreciated over the lesser of their useful life or three years and the net balance is
                nonadmitted. Software is amortized over the lesser of their useful life or five years. Nonoperating software is nonadmitted and operating software is admitted to the extent it meets the criteria defined in SSAP No.&#160;16R - Electronic Data
                Processing Equipment and Software.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><br>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;"> (9)&#160;&#160;&#160;&#160;Income Taxes</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(a)&#160;&#160;&#160;&#160;Deferred Tax Assets and Liabilities </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The components of the net DTA or net DTL are as follows:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.136%" id="z906724feb5974af0a77a8bf218cf0001">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:41.137%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:17.597%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.634%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:17.597%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.634%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:17.601%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31, 2020</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Ordinary</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Capital</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total gross deferred tax assets</font></div>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">911&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">52&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">963&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Statutory valuation allowance adjustments</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted gross deferred tax assets</font></div>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">911&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">52&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">963&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred tax assets nonadmitted</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subtotal net admitted deferred tax assets</font></div>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">911&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">52&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">963&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred tax liabilities</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(684)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(690)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net admitted deferred tax assets (liabilities)</font></div>
                    </td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">227&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">46&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">273&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.136%" id="zde0f28e78f704bfd992080817ad246ba">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:41.137%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:17.597%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.634%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:17.597%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.634%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:17.601%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31, 2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Ordinary</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Capital</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total gross deferred tax assets</font></div>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">922&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">943&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Statutory valuation allowance adjustments</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted gross deferred tax assets</font></div>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">922&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">943&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred tax assets nonadmitted</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subtotal net admitted deferred tax assets</font></div>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">922&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">943&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred tax liabilities</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(713)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(719)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net admitted deferred tax assets (liabilities)</font></div>
                    </td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">209&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">224&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="height:54pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="zbea01b90b1cf4a058404186b345de537">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">49 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.136%" id="z5a086a017e8648ee9f68e11f5093fbe0">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:41.137%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:17.597%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.634%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:17.597%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.634%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:17.601%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Change</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Ordinary</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Capital</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total gross deferred tax assets</font></div>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(11)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Statutory valuation allowance adjustments</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted gross deferred tax assets</font></div>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(11)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred tax assets nonadmitted</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subtotal net admitted deferred tax assets</font></div>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(11)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred tax liabilities</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net admitted deferred tax assets (liabilities)</font></div>
                    </td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The amount of admitted adjusted gross DTAs allowed under each
                component of SSAP No.&#160;101 &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Income Taxes</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> (SSAP No. 101) as of December 31 are as follows:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.285%" id="zb8a3c8a1b9234c9593a79e1eab9d7421">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:43.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.735%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31, 2020</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Ordinary</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Federal income
                        taxes paid in prior years recoverable through loss carrybacks (11.a)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs expected to be realized after application of the
                          threshold limitations</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Lesser of 11.b.i or 11.b.ii:</font></div>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs expected to be realized following the balance
                          sheet date (11.b.i.)</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">419&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">49&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">468&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs allowed per limitation threshold (11.b.ii)</font></div>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">N/A</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">N/A</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,108&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Lesser of 11.b.i or 11.b.ii</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">419&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">49&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">468&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs offset by gross DTLs (11.c)</font></div>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">492&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">492&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:38.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Deferred tax assets admitted</font></div>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">911&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">52&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">963&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.285%" id="zd2d0751d53514bc983aa224152c53f4f">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:43.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.735%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31, 2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Ordinary</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Federal income
                        taxes paid in prior years recoverable through loss carrybacks (11.a)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs expected to be realized after application of the
                          threshold limitations</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Lesser of 11.b.i or 11.b.ii:</font></div>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs expected to be realized following the balance
                          sheet date (11.b.i.)</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">473&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">489&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs allowed per limitation threshold (11.b.ii)</font></div>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">N/A</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">N/A</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,159&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Lesser of 11.b.i or 11.b.ii</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">473&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">489&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs offset by gross DTLs (11.c)</font></div>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">449&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">449&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:38.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Deferred tax assets admitted</font></div>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">922&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">943&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="height:54pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z7b7d7aea6c6f45fdb420e4c75a3549c1">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.285%" id="z56cd15bac187491facd7993e3585ac12">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:43.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.735%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Change</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Ordinary</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Federal income
                        taxes paid in prior years recoverable through loss carrybacks (11.a)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs expected to be realized after application of the
                          threshold limitations</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Lesser of 11.b.i or 11.b.ii:</font></div>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs expected to be realized following the balance
                          sheet date (11.b.i.)</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(54)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">33&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(21)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs allowed per limitation threshold (11.b.ii)</font></div>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">N/A</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">N/A</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(52)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Lesser of 11.b.i or 11.b.ii</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(54)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">33&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(21)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs offset by gross DTLs (11.c)</font></div>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">43&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">43&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:38.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Deferred tax assets admitted</font></div>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(11)</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">31&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Ratios used for threshold limitation as of December 31 are as follows:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.285%" id="z12d2e8cd832442f0ac67a2ab82631cc0">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.066%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.066%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.066%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.233%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.233%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.237%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Change</font></td>
                  </tr>
                  <tr>
                    <td colspan="12" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ratio percentage
                        used to determine recovery period and threshold limitation amount</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">705&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">756&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(51)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="12" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Amount of
                        adjusted capital and surplus used to determine recovery period threshold limitation</font></td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,386&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,729&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(343)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Impact of tax planning strategies on the determination of net admitted
                adjusted gross DTAs is as follows:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.285%" id="z5972abd8829d48279d6de952b8c98393">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:43.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.735%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31, 2020</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Ordinary</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Capital</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net admitted adjusted gross DTAs - (percentage of total net admitted
                          adjusted gross DTAs)</font></div>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">93.7&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">93.7&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.285%" id="zab6f049a19c743b6bf429758ac9e0d0d">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:43.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.735%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31, 2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Ordinary</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Capital</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net admitted adjusted gross DTAs - (percentage of total net admitted
                          adjusted gross DTAs)</font></div>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">77.6&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">77.6&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.285%" id="zb9f822b19769492b844ec8b9b8669562">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:43.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.735%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Change</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Ordinary</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net admitted adjusted gross DTAs - (percentage of total net admitted
                          adjusted gross DTAs)</font></div>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16.1&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16.1&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company&#8217;s tax planning strategies do not include the use of
                reinsurance.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(b)&#160;&#160;&#160;&#160;Unrecognized Deferred Tax Liabilities</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">There are no temporary differences for which DTLs are not recognized.</font></div>
            <div style="height:54pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="zca5419afcf824b1bbe8abeb3843d0e4f">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">51 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(c)&#160;&#160;&#160;&#160;Current and Deferred Income Taxes</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The significant components of income taxes incurred
                (i.e. Current income tax expense) include: </font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.285%" id="z14b3c438c34a45ee86e4758a0e0a5f16">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:44.066%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.400%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.400%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.400%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.900%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.902%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr style="height:15pt">
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" rowspan="2" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020-2019

                        Change</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" rowspan="2" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019-2018

                        Change</font></td>
                  </tr>
                  <tr style="height:15pt">
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2018</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Current year
                        federal tax expense (benefit) - ordinary income</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">773&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(51)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(755)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">824&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Current year
                        foreign tax expense (benefit) - ordinary income</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subtotal</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">773&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(51)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(755)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">824&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Current year
                        tax expense - net realized capital gains (losses)</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(11)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(15)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Federal and
                        foreign income taxes incurred</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">762&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(47)</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(744)</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">809&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">DTAs and DTLs consist of the following major
                components:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:88.988%" id="zefd945e0a8e44f418ed2b02e9ad712c8">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:46.224%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.636%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:15.622%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.636%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:15.622%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.636%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:15.624%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Deferred tax
                        assets</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Change</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ordinary:</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Unrealized

                        losses</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(11)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Deferred

                        acquisition costs</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">169&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">153&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Expense

                        accruals</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">63&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">72&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(9)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Policyholder

                        reserves</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">666&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">676&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(10)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fixed
                        assets</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Nonadmitted

                        assets</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subtotal</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">911&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">922&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(11)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Statutory

                        valuation allowance adjustment</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Nonadmitted

                        ordinary deferred tax assets</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Admitted
                        ordinary tax assets</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">911&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">922&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(11)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:11pt">
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Capital:</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Impaired

                        assets</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">51&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">31&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Unrealized

                        losses</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subtotal</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">52&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">31&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Statutory

                        valuation allowance adjustment</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Nonadmitted

                        capital deferred tax assets</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Admitted
                        capital deferred tax assets</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">52&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">31&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Admitted
                        deferred tax assets</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">963&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">943&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:88.988%" id="z357bb866eead42099de7ccbe0e7c5598">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:46.224%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.636%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:15.622%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.636%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:15.622%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.636%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:15.624%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Deferred tax
                        liabilities</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Change</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ordinary:</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Investments</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(54)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(56)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fixed
                        assets</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Policyholder

                        reserves</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(445)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(534)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">89&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Software

                        capitalization</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(7)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Unrealized

                        gains</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(79)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(113)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">34&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(94)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(94)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subtotal</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(684)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(713)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">29&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:11pt">
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Capital:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Unrealized

                        gains</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subtotal</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Deferred tax
                        liabilities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(690)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(719)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">29&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net
                        deferred tax assets (liabilities)</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">273&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">224&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">49&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="height:54pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z7030c920ff3e450ea9481b39286e349c">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">52 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The realization of the DTAs is dependent upon the
                Company&#8217;s ability to generate sufficient taxable income in future periods. Based on historical results and the prospects for future current operations, management anticipates that it is more likely than not that future taxable income will
                be sufficient for the realization of the remaining DTAs.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Coronavirus Aid, Relief, and Economic Security
                Act, (CARES Act of 2020) was enacted on March 27, 2020, thereby allowing net operating losses (NOLs) arising in tax years beginning after December 31, 2017, and before January 1, 2021 (e.g., NOLs incurred in 2018, 2019, or 2020 by a
                calendar-year taxpayer) to be carried back to each of the five tax years preceding the tax year of such loss.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In computing taxable income, life insurance
                companies are allowed a deduction attributable to their life insurance and accident and health reserves. The Tax Act of 2017 significantly changed the methodology by which these reserves are computed for tax purposes.&#160;The changes are
                effective for tax years beginning after 2017 and are subject to a transition rule that spreads the additional income tax liability over the subsequent eight years beginning in 2018.&#160; Due to complexities in the new methodology and limited
                guidance from the Internal Revenue Service and U.S. Treasury, the Company has recorded provisional amounts for the deferred tax revaluation associated with the changes in the computation of life insurance tax reserves based on information
                available at December 31, 2017.&#160; Pursuant to Interpretation of the SAP Working Group 18-01: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Updated
                Tax Estimates under the Tax Cuts and Jobs Act</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">, provisional tax computations related to these amounts were reasonably
                estimated&#160;as of December 31, 2017 and have been adjusted based on guidance received from Internal Revenue Service and U.S. Treasury. Adjusted amounts are reflected in the Company's results of operations for the years ended December 31,
                2020, 2019, and 2018.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Change in net deferred income tax is comprised
                of the following (this analysis is exclusive of the nonadmitted DTAs as the Change in nonadmitted assets is reported separately from the Change in net deferred income tax in the Unassigned surplus section of the Statutory Statements of
                Capital and Surplus):</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.136%" id="z4133f058fce545549c713db44635ce20">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:57.163%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.255%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.634%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.255%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.634%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.259%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Change</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net deferred tax assets (liabilities)</font></div>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">273&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">224&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">49&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Statutory valuation allowance adjustment</font></div>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net deferred tax assets (liabilities) after statutory valuation
                          allowance</font></div>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">273&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">224&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">49&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Tax effect of unrealized gains (losses)</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">153&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">160&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(7)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Statutory valuation allowance adjustment allocated to unrealized gains
                          (losses)</font></div>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in net deferred income tax</font></div>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">42&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(d)&#160;&#160;&#160;&#160;Reconciliation of Federal Income Tax Rate
                to Actual Effective Rate</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The provision for federal income taxes incurred is different from that
                which would be obtained by applying the statutory federal income tax rate to income before income taxes. The significant items causing this difference are as follows:</font></div>
            <div style="height:54pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="za5527ad50f5846f59de731baba9464e0">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.285%" id="z04ef45ddb4ed4c409b792018318bf71f">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:43.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.733%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.633%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.735%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31, 2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31, 2019</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31, 2018</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Federal
                        income tax rate</font></td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21.0&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21.0&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21.0&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Amortization

                        of IMR</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.3)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3.6)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.9)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Dividends

                        received deduction</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.7)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4.2)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.8)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Nondeductible

                        expenses</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.9&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Affiliated

                        LLC income</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2.4)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">COLI</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.0)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5.5)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.3&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Tax
                        hedges</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.2&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">65.8&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6.5)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Tax
                        hedge reclassification</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6.8&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">84.7&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(8.2)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Tax
                        credits</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(7.2)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(13.6)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2.1)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Prior
                        period adjustments</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.6)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.4)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.4)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change
                        in deferred taxes on impairments</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5.0)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3.6&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.5)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change
                        in deferred taxes on nonadmitted assets</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.6)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.7)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Reinsurance</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5.5)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">19.8&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.3)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change
                        in valuation</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.9&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NOL
                        Carryback Benefit</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(12.2)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Tax
                        Contingencies</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.5&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Realized
                        Capital Gains Tax</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.1)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.6&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.1)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Effective

                        tax rate</font></td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4.1)</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">168.4&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.7&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Federal and foreign income taxes incurred </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</font></div>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.9&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">293.7&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4.3)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Realized
                        Capital Gains Tax</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.1)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change
                        in net deferred tax</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6.9)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(125.3)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10.0&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Effective

                        tax rate</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4.1)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">168.4&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.7&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="18" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:6pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> Prior to 2020, tax on capital gains (losses) was excluded from federal and foreign income taxes incurred and detailed
                          in Note 5(c).</font></div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(e)&#160;&#160;&#160;&#160;Carryforwards, Recoverable Taxes, and IRC
                Section&#160;6603 Deposits</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2020, </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">there are no operating losses or tax credit carryforwards available for tax purposes.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">There are no Federal
                income taxes available for recoupment in the event of future net losses.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">There are no aggregate deposits admitted under
                Section&#160;6603 of the IRC.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company had tax contingencies computed in
                accordance with SSAP No. 5R, Liabilities, Contingencies and Impairment of Assets, and SSAP No.&#160;101 as of December&#160;31, 2020 and 2019. The Company does not believe the tax contingencies will significantly increase within the next 12 months.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company recognizes interest and penalties
                accrued related to unrecognized tax benefits in federal income tax expense. During the years ended December&#160;31, 2020, 2019, and 2018 the Company recognized expenses of $9, $0, and $(1) in interest and penalties, respectively. The Company
                had $9 and $1 for the unrecognized tax benefits and related accrued interest at December&#160;31, 2020 and 2019, respectively.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(f)&#160;&#160;&#160;&#160;Consolidated Federal Income Tax Return</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company is included in the consolidated group
                for which AZOA files a federal income tax return on behalf of all group members. As a member of the AZOA consolidated group, the Company is no longer subject to US Federal and non-US income tax examinations for years prior to 2016, though
                examinations of combined returns filed by AZOA, which include the Company by certain US state and local tax authorities, may still be conducted for 2008 and subsequent years. The last Internal Revenue Service (IRS) examination of AZOA
                involved the federal income tax returns filed by AZOA for the 2015 tax year, which included carrybacks to the 2012 tax year. This examination concluded in October 2018 with the IRS only making one immaterial </font></div>
            <div style="height:54pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z6f96d383196e4945b133a891c09d9f3b">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">54 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">adjustment that increased the Company's tax
                liability for 2012 by approximately $1. The IRS has also initiated an examination of AZOA's 2017 and 2018 income tax returns, which is expected to close by the end of 2021. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2020, the companies included in
                the consolidated group for which AZOA files a federal income tax return is included below:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt;text-align:center">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:370.50pt" id="ze2cce1b739894f1fa5e7bf6f4a1b99be">

                  <tr>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:183.25pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                    <td style="width:183.25pt"><br>
                    </td>
                    <td style="width:1.0pt"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Members of Consolidated Tax Group</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz Life Insurance Company of North America</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz Life Insurance Company of Missouri</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz Life
                        Insurance Company of New York</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz
                        Underwriters Insurance Company</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">AZOA Services
                        Corporation</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">AGCS Marine
                        Insurance Company</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz Global
                        Risks US Insurance Company</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">William H. McGee
                        &amp; Co., Inc.</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz
                        Reinsurance of America, Inc.</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Fireman&#8217;s Fund
                        Insurance Company</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz
                        Technology of America, Inc.</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Fireman&#8217;s Fund
                        Indemnity Corporation</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz Renewable
                        Energy Partners of America LLC</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">National Surety
                        Corporation</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz Renewable
                        Energy Partners of America 2 LLC</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Chicago Insurance
                        Company</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">PFP Holdings,
                        Inc.</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interstate Fire
                        &amp; Casualty Company</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">AZL PF
                        Investments, Inc.</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Associated
                        Indemnity Corporation</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Dresdner
                        Kleinwort Pfandbriefe Investments II, Inc.</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">American
                        Automobile Insurance Company</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz Fund
                        Investments, Inc.</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">The American
                        Insurance Company</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Yorktown
                        Financial Companies, Inc.</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz Risk
                        Transfer, Inc.</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Questar Capital
                        Corporation</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz Risk
                        Transfer (Bermuda), Ltd.</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Questar Asset
                        Management, Inc.</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Questar Agency,
                        Inc.</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(10)&#160;&#160;&#160;&#160;Accident and Health Claim Reserves</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Accident and health claim reserves are based on
                estimates that are subject to uncertainty. Uncertainty regarding reserves of a given accident year is gradually reduced as new information emerges each succeeding year, thereby allowing more reliable reevaluations of such reserves. While
                management believes that reserves as of December&#160;31, 2020 are appropriate, uncertainties in the reserving process could cause reserves to develop favorably or unfavorably in the near term as new or additional information emerges. Any
                adjustments to reserves are reflected in the operating results of the periods in which they are made. Movements in reserves could significantly impact the Company&#8217;s future reported earnings.</font></div>
            <div style="margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Activity in the accident and health claim reserves is summarized as
                follows:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:27pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:94.494%" id="z9c23b7958db34262b912e716685a2563">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:53.860%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.587%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.388%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.587%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.388%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.587%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.603%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2018</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance
                        at January 1, net of reinsurance recoverables of $654, $574, and $447, respectively</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">335&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">299&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">224&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Incurred related
                        to:</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current

                        year</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">139&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">143&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">129&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Prior

                        years</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(46)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(24)</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        incurred</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">93&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">119&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">145&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Paid related to:</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current

                        year</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Prior

                        years</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">84&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">76&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">66&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        paid</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">91&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">83&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">70&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 21.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance

                        at December 31, net of reinsurance recoverables of $665, $654, and $574, respectively</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">337&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">335&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">299&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Prior year incurred claim reserves for 2020 and
                2019 were favorable as a result of re-estimation of unpaid claims and claim adjustment expenses, principally on the individual LTC line of business. Prior year incurred claim reserves for 2018 were unfavorable attributable to assumption
                updates and the establishment of a claims adjustment expense on the individual LTC line of business.</font></div>
            <div style="height:54pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z24dc3c7bea4442da812dd3c45f2db0d8">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">55 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:104.4pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(11)&#160;&#160;&#160;&#160;Reinsurance</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company primarily enters into reinsurance
                agreements to manage risk resulting from its life, annuity, and accident and health businesses, as well as businesses the Company has chosen to exit. In the normal course of business, the Company seeks to limit its exposure to loss by
                ceding risks under yearly renewal term, coinsurance, and modified coinsurance. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company monitors the financial exposure and
                financial strength of the reinsurers on an ongoing basis. The Company attempts to mitigate risk by securing recoverable balances with various forms of collateral, including arranging trust accounts and letters of credit with certain
                reinsurers. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The effect of reinsurance on reserves, deposit-type
                contracts, and claims, for amounts recoverable from other insurers, was as follows:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:27pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:94.494%" id="z4876984d402e42da93d8653e94a858ca">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:65.199%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.902%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.648%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.902%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.649%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">For the years ended December 31,</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reduction in:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Aggregate

                        reserves</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,636&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,620&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deposit-type

                        contracts</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">107&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Policy

                        and contract claims</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Reinsurance reserves, recoverables, and receivables
                at December&#160;31, 2020 and 2019, are covered by collateral of $6,140 and $4,084, respectively, in addition to the letter of credit on behalf of AZMO, as noted in Note 2.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Life insurance, annuities, and accident and health business assumed
                from and ceded to other companies are as follows: </font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:27pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:94.494%" id="z25ad39befc4040ee9896e303148a1fc4">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:32.758%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.587%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.648%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.587%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.648%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.587%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.648%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.587%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.650%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Year ended</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Direct amount</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Ceded to other companies</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Assumed from other companies</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Net amount</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31, 2020</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Life
                        insurance in-force</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53,399&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34,345&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">54&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19,108&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Premiums:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Life</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,200&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,113&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Annuities</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,473&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">398&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,075&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accident

                        and health</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">170&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">68&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">56&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">158&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        premiums</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,843&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">554&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">57&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,346&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31,
                        2019</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Life
                        insurance in-force</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45,817&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30,060&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">58&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,815&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Premiums:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Life</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">989&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">902&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Annuities</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,135&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">387&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,748&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accident

                        and health</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">172&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">70&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">155&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        premiums</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13,296&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">545&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">54&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,805&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31,
                        2018</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Life
                        insurance in-force</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41,321&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27,914&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">65&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13,472&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Premiums:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Life</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">895&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">84&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">812&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Annuities</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,318&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">358&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,960&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accident

                        and health</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">176&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">73&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">153&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                        premiums</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,389&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">515&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">51&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,925&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company holds securities backing term life and
                universal life with secondary guarantees ceded reserves in compliance with Actuarial Guideline 48. As of December&#160;31, 2020 and 2019, the Company had 7 reinsurance contracts in which risks under covered policies have been ceded. The Company
                held primary securities in an amount at least equal to the required level of primary securities for all of these contracts. </font></div>
            <div style="height:46.8pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z829b50bfaf1042cb8e1b56ebf9da39e2">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">56 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:104.4pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">There are no nonaffiliated reinsurers owned in
                excess of 10% or controlled, either directly or indirectly, by the Company or by a representative, officer, trustee, or director of the Company. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">There are no policies issued by the Company that
                have been reinsured with a company chartered in a country other than the United States that is owned in excess of 10% or controlled directly or indirectly by an insured, a beneficiary, a creditor, or any other person not primarily engaged
                in the insurance business. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company does not have any reinsurance
                agreements in effect under which the reinsurer may unilaterally cancel any reinsurance for reasons other than for nonpayment of premium or other similar credits. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company does not have reinsurance agreements in
                effect such that the amount of losses paid or accrued through the statement date may result in a payment to the reinsurer of amounts that, in aggregate and allowing for offset of mutual credits from other reinsurance agreements with the
                same reinsurer, exceed the total direct premium collected under the reinsured policies. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company did not write off any uncollectible
                recoverables during 2020, 2019, and 2018.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">During the year ended December 31, 2019, the
                Company entered into a new reinsurance agreement that included policies or contracts that were in-force or which had existing reserves established by the Company as of the effective date of the agreement. The agreement resulted in a
                reduction in Policyholder liabilities, life policies, and annuity contracts in the amount of $512 as of December 31, 2019.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><br>
            </div>
            <div style="height:46.8pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="zb2eec484e5784fa69ab40ba3ab40f606">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">57 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(12)&#160;&#160;&#160;&#160;Annuity Actuarial Reserves and Deposit Liabilities by Withdrawal Characteristics</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Information regarding the Company&#8217;s annuity actuarial reserves and
                deposit liabilities by withdrawal characteristics at December&#160;31 is as follows: </font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:27pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:96.428%" id="zc7ec48c809e54ee1b11c0f18ca70474d">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:47.048%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.571%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.091%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.571%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.091%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.571%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.091%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.571%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.095%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percentage of total</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percentage of total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subject to
                        discretionary withdrawal:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">With
                        market value adjustment</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43,198&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39,602&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">At
                        book value less current surrender charges of 5% or more</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36,364&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37,347&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">At
                        market value</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21,361&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22,389&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 30.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total

                        with adjustment or at market value</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100,923&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99,338&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">73&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">At
                        book value without adjustment (minimal or no charge or adjustment)</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30,641&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27,684&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Not
                        subject to discretionary withdrawal</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,133&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,692&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 30.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total

                        gross</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">139,697&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">134,714&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reinsurance
                        ceded</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,523&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,578&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 30.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total

                        net</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">137,174&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">132,136&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Amount included
                        in At book value less current charges of 5% or more that will move to At book value without adjustment in the year after the statement date:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:3pt double #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,776&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:27pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:96.279%" id="zc57c67766f9b47d7a30d23f2780203ad">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:67.988%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.572%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.583%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.572%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:13.585%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reconciliation of total annuity actuarial
                        reserves and deposit fund liabilities:</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Life, Accident
                        and Health Annual Statement:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Annuities,

                        net (excluding supplementary contracts with life contingencies)</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">95,185&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">93,752&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Supplemental

                        contracts with life contingencies, net</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,091&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,070&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deposit-type

                        contracts</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,749&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,936&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 48.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subtotal</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">102,025&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100,758&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate
                        Accounts Annual Statement:</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Annuities,

                        net (excluding supplementary contracts with life contingencies)</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">35,137&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31,348&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Supplemental

                        contracts with life contingencies, net</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 48.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subtotal</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">35,148&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31,378&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 61.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total

                        annuity actuarial reserves and deposit fund liabilities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">137,174&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">132,136&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="height:36pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="zcd1015fd7dfd4d90ab1dc214c2920756">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">58 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(13)&#160;&#160;&#160;&#160;Life Actuarial Reserves by Withdrawal Characteristics</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Information regarding the Company&#8217;s life actuarial
                reserves by withdrawal characteristics at December&#160;31 is as follows: </font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:27pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.434%" id="z7b598aa0d03b49d0b368278f01f0b333">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:43.325%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.204%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:15.039%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:21.032%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">General Account</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Account value</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Cash value</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Reserve</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subject to discretionary withdrawal, surrender values, or policy loans:</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Universal

                        life</font></td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">845&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">844&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">851&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Universal

                        life with secondary guarantees</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">61&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">54&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">158&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Indexed

                        life</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,458&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,701&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,738&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other
                        permanent cash value life insurance</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">115&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">115&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">115&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Variable

                        universal life</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Not
                        subject to discretionary withdrawal or no cash values:</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Term
                        policies without cash value</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">204&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Disability,

                        active lives</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">48&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Disability,

                        disabled lives</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Miscellaneous

                        reserves</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">54&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                        gross</font></td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,482&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,717&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,177&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Reinsurance

                        ceded</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">645&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">644&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">904&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                        net</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,837&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,073&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,273&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">General Account</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Account value</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Cash value</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Reserve</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subject

                        to discretionary withdrawal, surrender values, or policy loans:</font></td>
                    <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Universal

                        life</font></td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">875&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">874&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">882&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Universal life with secondary
                        guarantees</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">62&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">54&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">162&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Indexed

                        life</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,496&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,872&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,913&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other permanent cash value
                        life insurance</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">122&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">122&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">122&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Variable

                        universal life</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Not subject to discretionary
                        withdrawal or no cash values:</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Term
                        policies without cash value</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">209&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Disability, active lives</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">49&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Disability,

                        disabled lives</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Miscellaneous reserves</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">56&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                        gross</font></td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,558&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,925&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,401&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Reinsurance ceded</font></td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">671&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">671&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">945&#160;</font></td>
                    <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                        net</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,886&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,254&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,456&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">The Company does not have any Life
                        policies with guarantees in the separate account.</font></td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="height:54pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z496c8d3e52c14e2fa676f6af335e630d">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">59 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:27pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.434%" id="zd7162aa7fe544d059768845a4c9bbaf6">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:43.325%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:16.204%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:15.039%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:21.032%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt 0 12.25pt"><br>
                    </td>
                    <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Separate
                        Account Nonguaranteed</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Account value</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Cash value</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Reserve</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subject

                        to discretionary withdrawal, surrender values, or policy loans:</font></td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Variable

                        universal life</font></td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">19&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total gross</font></td>
                    <td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">19&#160;</font></td>
                    <td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Reinsurance

                        ceded</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                        net</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">19&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr style="height:15pt">
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:3pt double #000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:3pt double #000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="border-top:3pt double #000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Separate
                        Account Nonguaranteed</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Account Value</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Cash Value</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Reserve</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subject to discretionary withdrawal, surrender values, or policy loans:</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Variable

                        universal life</font></td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">17&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">17&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                        gross</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">17&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">17&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Reinsurance

                        ceded</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                        net</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">17&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">17&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:27pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:89.434%" id="z283418c61f8b4f06828492e16e42415c">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:54.640%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:21.029%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:21.031%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr style="height:12pt">
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Reconciliation of total life actuarial
                        reserves:</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Life,
                        Accident, and Health Annual Statement:</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Life
                        insurance, net</font></td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,210&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,392&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Disability,

                        active lives, net</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">47&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">48&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Disability,

                        disabled lives, net</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Miscellaneous

                        reserves, net</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subtotal</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,273&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,456&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Separate
                        Accounts Annual Statement:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 30.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Life
                        insurance, net</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">17&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subtotal</font></td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">17&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 66.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                        life actuarial reserves</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,291&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,473&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><br>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(14)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Separate Accounts</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company&#8217;s separate accounts represent funds
                held for the benefit of contract holders entitled to payments under variable annuity contracts, variable life policies and market value adjusted annuity contracts issued through the Company&#8217;s separate accounts and underwritten by the
                Company.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Information regarding the Company&#8217;s separate accounts for the years
                ended December&#160;31 is as follows:</font></div>
            <div style="height:54pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z87286a50d8cf4c3c836e4b81d4e7b636">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">60 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:27pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:94.345%" id="zae564c13fb7a410981ea7173707d2c7c">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:23.032%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:6.944%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.152%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.521%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.521%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.588%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:6.944%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:9.152%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.521%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:8.525%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Indexed</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nonindexed guaranteed reserve interest less than or equal to 4%</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Non guaranteed separate accounts</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Indexed</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nonindexed guaranteed reserve interest less than or equal to 4%</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Non guaranteed separate accounts</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Premiums,
                        considerations, or deposits</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,149&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,149&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,277&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,277&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Reserves
                        for account, with assets at fair value</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21,574&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21,574&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">22,457&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">22,459&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Reserves
                        for account, with assets at amortized cost</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">13,592&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">13,592&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,936&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,936&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total
                        reserves</font></td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">35,166&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">35,166&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">31,393&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">31,395&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">By withdrawal
                        characteristics:</font></td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">At
                        book value without MV adjustment and with current surrender charge of 5% or more</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">12,643&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">12,643&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,535&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,535&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">At
                        fair value</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21,535&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21,535&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">22,427&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">22,429&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">At
                        book value without MV adjustment and with current surrender charge of less than 5%</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">959&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">959&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">401&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">401&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Subtotal</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">35,137&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">35,137&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">31,363&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">31,365&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Not
                        subject to discretionary withdrawal</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">29&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">29&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">30&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">30&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">35,166&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">35,166&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">31,393&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">31,395&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2020 and 2019, the Company&#8217;s
                separate accounts included legally insulated assets and non-insulated assets attributed to the following products/transactions: </font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:27pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:94.494%" id="z75df71b75a9d4af1a6c3a193776e8699">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:43.781%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.217%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.128%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.128%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.587%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.128%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:12.131%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Product/transaction</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Legally insulated</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Not legally insulated</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Legally insulated</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Not legally insulated</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Variable Annuities</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21,602&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22,607&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Variable Life</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Variable
                        Annuities (Non-Unitized Insulated)</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">998&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">387&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Variable
                        Annuities (Non-Unitized Non-Insulated)</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23,244&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,586&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Variable
                        Annuities (MN MVA)</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fixed Annuities
                        (MN MVA)</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22,619&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23,282&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23,012&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,626&#160;</font></td>
                    <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In 2019, the Company transferred approximately $6.7
                billion of assets from the general account to the non-insulated separate account, to align the presentation of assets and liabilities relating to Variable Index Advantage products with the new method required per the state product filings.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company&#8217;s separate account liabilities contain
                guaranteed benefits. The liabilities for guaranteed benefits are supported by the Company&#8217;s general account assets. To compensate the general account for the risk taken, the separate account paid risk charges of $180, $204, $212, $221, and
                $220 during the past five years, respectively. The general account of the Company paid $19, $16, $5, $0, and $33 towards separate account guarantees during the past five years, respectively.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">A reconciliation of net transfers to (from)
                separate accounts for the years ended December 31 is included in the </font></div>
            <div style="height:54pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="za0e434d620834ec491e9ec4e18865548">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">61 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">following table: </font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:27pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:94.345%" id="z2aa4ec209b6c43ea9686968ee6d5930c">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:51.423%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.199%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.588%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.199%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.588%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.203%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2018</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Transfers

                        as reported in the Summary of Operations of the Separate Accounts Annual Statement:</font></td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Transfers

                        to separate accounts</font></td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,149&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,277&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">638&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Transfers

                        from separate accounts</font></td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,689)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,975&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,649)</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net
                        transfers to (from) separate accounts</font></td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,460&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,252&#160;</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,011)</font></td>
                    <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reconciling
                        adjustments:</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other

                        adjustments</font></td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Transfers as
                        reported in the Statutory Statements of Operations</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,460&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,254&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,009)</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-top:3pt;padding-left:27pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(15)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%; padding-left: 10.34pt;">Related-Party Transactions</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(a) &#160;&#160;&#160;&#160;Organization Changes</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">On October 11, 2018, the Company announced the
                decision to sell the Questar Capital and Asset Management representative network to an unaffiliated wealth management firm. The closing date of the sale was March 1, 2019.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company legally dissolved and terminated its
                subsidiary, Allianz Annuity Company of Missouri (AAMO), by voluntary action on February 24, 2020. Upon termination, AAMO paid an insignificant dividend to the Company.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">On July 1 2020, American Financial Marketing, LLC,
                Ann Arbor Annuity Exchange, LLC, GamePlan Financial Marketing, LLC, and The Annuity Store Financial &amp; Insurance Services, LLC, all of which are wholly owned subsidiaries of TruChoice Financial Group, LLC (TruChoice), which is a wholly
                owned subsidiary of AIIG, which is a wholly owned subsidiary of the Company, merged into TruChoice. TruChoice was the surviving entity.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Allianz Investment Management U.S. LLC, a Minnesota
                limited company was formed on October 11, 2020. Allianz Life is its direct parent.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(b)&#160;&#160;&#160;&#160;Related-Party Invested
                Assets</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has an agreement to lend AZOA $39. The
                remaining loan balance was $39 as of December&#160;31, 2020 and 2019 and is included in Other invested assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Repayment of this loan will begin in 2021 and has
                a final maturity date of August 31, 2021. The interest rate is a fixed rate of 1.61%. Interest income earned and accrued had an immaterial impact to the Company during 2020, 2019, and 2018, respectively. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has an investment in a limited
                partnership that is managed by its affiliate Pacific Investment Management Company (PIMCO). The total committed capital for this investment is $85 of which $45 and $9 is unfunded as of December&#160;31, 2020 and 2019, respectively. As of
                December&#160;31, 2020 and 2019, the fair value of the investment is $35 and $47 respectively, and is recorded in Other invested assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has a seed money investment in exchange
                traded funds that are managed by a related party, AIM. The Company reported a balance of $58 as of December&#160;31, 2020 related to the seed money investment within Stocks on the Statutory Statements of Admitted Assets, Liabilities, and Capital
                and Surplus. There is no additional commitment related to these investments.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">On January 22, 2018, the Company formed TruChoice
                Financial Group, LLC (TruChoice), a noninsurance subsidiary. TruChoice is a wholly owned subsidiary of Allianz Individual Insurance Group, LLC (AIIG), and was capitalized through an initial cash contribution of $2 from AIIG. In addition,
                AIIG contributed 100% of the membership interests it held in the following Field Marketing Organizations: American Financial Marketing, </font></div>
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                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">62 of 67</font></div>
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              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">LLC (AFM), GamePlan Financial Marketing (GamePlan),
                The Annuity Store Financial and Insurance Services, LLC, and Ann Arbor Annuity Exchange, LLC, in exchange for 100% of the membership interest of TruChoice.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(c)
                &#160;&#160;&#160;&#160;Service Fees</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company incurred fees for services provided by
                affiliated companies of 183, $157, and $129 in 2020, 2019, and 2018, respectively. The Company&#8217;s liability for these expenses was 37 and $30 at December&#160;31, 2020 and 2019, respectively, and is included in Other liabilities on the Statutory
                Statements of Admitted Assets, Liabilities, and Capital and Surplus. In the normal course of business, the outstanding amount is settled in cash.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company earned revenues for various services
                provided to affiliated companies and subsidiaries of $59, $54, and $60 in 2020, 2019, and 2018, respectively. The receivable for these revenues was $6 and $6 for 2020 and 2019, respectively, and is included in Other assets on the Statutory
                Statements of Admitted Assets, Liabilities, and Capital and Surplus. In the normal course of business, the outstanding amount is settled in cash.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has agreements with its affiliates
                PIMCO, Oppenheimer Capital LLC (OpCap), and with certain other related parties whereby (1) specific investment options managed by PIMCO and OpCap are made available through the Company's separate accounts to holders of the Company's
                variable annuity products, and (2) the Company receives compensation for providing administrative and recordkeeping services relating to the investment options managed by PIMCO and OpCap. Income recognized by the Company from these
                affiliates for distribution and in-force related costs as a result of providing investment options to the contractholders was $7, $8, and $10 during 2020, 2019, and 2018, respectively, which is included in Fees from separate accounts on the
                Statutory Statements of Operations. At December&#160;31, 2020 and 2019, $1 and $1, respectively, were included for related receivables of these fees in Other assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and
                Surplus. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has incurred commission expense related
                to the distribution of variable annuity products from Allianz Life Financial Services, LLC (ALFS) in the amount of $320, $285, and $222 for the years ended December&#160;31, 2020, 2019, and 2018, respectively. The Company has an agreement with
                ALFS, whereby interest receivable is assigned to the company and 12b-1 fee receivables are assigned to the Company and AZNY. The Company has also agreed with AZNY to share in reimbursing ALFS for direct and indirect expenses incurred in
                performing services for the Company and AZNY. In the event that assigned receivables exceed expenses, ALFS records a dividend-in-kind to the Company and a loss on the transaction with AZNY. The Company recorded a net (expense) revenue from
                this agreement of $(20), $2, and $10 for the years ended December&#160;31, 2020, 2019, and 2018, respectively. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(d)
                &#160;&#160;&#160;&#160;Dividends to Parent</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company paid cash dividends to AZOA of $750,
                $325, and $0 in 2020, 2019, and 2018, respectively. Based on the ordinary dividend limitations set forth under Minnesota Insurance Law, the dividends paid in 2020 were considered as extraordinary and dividends paid in 2019 were considered
                ordinary.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(e)
                &#160;&#160;&#160;&#160;Capital Contributions and Dividends with Subsidiaries</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">During the years ended December 31, the Company
                received dividends from its subsidiaries as follows:</font></div>
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                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2018</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Allianz
                        Investment Management, LLC</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">51&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">56&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">60&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">ALFS</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
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                  <tr>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                    <td colspan="3" style="display:none"></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">AZL PF
                        Investments, Inc.</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Yorktown</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">101&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">67&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">70&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>

              </table>
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            <div style="height:54pt;position:relative;width:100%">
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                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z2c495522ce594c3ba2cac5a59a5ee0b3">

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                        </td>
                        <td style="width:1.0%"><br>
                        </td>
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                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
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                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">63 of 67</font></div>
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              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">During the years ended December 31, the Company
                made capital contributions to subsidiaries as follows:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:54pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:85.565%" id="z1cbcf6711e3242bb83999ef247337c3a">

                  <tr>
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                    </td>
                    <td style="width:46.726%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.669%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:15.421%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.669%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:15.421%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.669%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:15.425%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2018</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Yorktown</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Allianz
                        Investment Management U.S. LLC (AIM US)</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">InForce Solutions, LLC </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</font></div>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">ALFS</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td>
                    <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="21" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                      <div style="padding-left:9pt;text-align:justify;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> InForce Solutions, LLC is a wholly owned subsidiary of AIIG, which is a wholly owned subsidiary of the Company; this capital contribution took the form of
                          intercompany debt forgiveness.</font></div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(f) &#160;&#160;&#160;&#160;Reinsurance</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company wholly-owns AZMO, a Special Purpose
                Life Reinsurance Captive Insurance Company domiciled in Missouri. The Company cedes to AZMO, and AZMO provides reinsurance on a coinsurance basis and modified coinsurance basis, a 100% quota share of the Company&#8217;s net liability of level
                term life insurance policies and certain universal life insurance policies written directly by the Company. The total premium and associated reserve amounts ceded from the Company to AZMO for the years ended December&#160;31, 2020, 2019, and
                2018 were $3, $6, and $7, respectively. The Company recorded a ceding commission of $1 for 2020, 2019, and 2018, respectively. In addition, the Company recorded a deferred gain of $97 upon execution of the reinsurance agreement in 2009, of
                which $2 was amortized in 2020, 2019, and 2018, respectively, and included in Commissions and expense allowances on reinsurance ceded on the Statutory Statements of Operations.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In 2017, the Company entered into a reinsurance
                agreement with an affiliate, a wholly-owned subsidiary of Allianz SE. The Company ceded on a combined funds withheld coinsurance and modified coinsurance basis, a 60% quota share of the Company's net liability of certain fixed-indexed
                annuity policies written directly by the Company. On May 31, 2018, the Company ceased ceding business to the affiliate and recaptured all previously ceded risks. For the years ended December&#160;31, 2020 and 2019 , the Company did not cede any
                premiums or commissions to the affiliate. The Company ceded premiums of $134 to the affiliate during 2018. Additionally, the Company recorded ceding commissions of $13 included in Commissions and expense allowances on reinsurance ceded on
                the Statutory Statements of Operations during 2018. The Company did not cede any reserves as of December&#160;31, 2020 and 2019 to the affiliate.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has reinsurance recoverables and
                receivables related to reinsurance agreements with affiliated entities. Total affiliated reinsurance recoverables and receivables were $1 and $2 as of December&#160;31, 2020 and 2019, respectively, and are included in Other assets on the
                Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(g) &#160;&#160;&#160;&#160;Line of Credit Agreement</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has a line of credit agreement with its
                subsidiary, AZNY, to provide liquidity, as needed. The Company&#8217;s lending capacity under the agreement is limited to 5% of the general account admitted assets of AZNY as of the preceding year end. The Company provided $25 to AZNY under the
                terms of this agreement on March 17, 2020. The full amount was repaid on April 15, 2020. There was no outstanding balance under the line of credit agreement as of December&#160;31, 2020 and 2019.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(16)&#160;&#160;&#160;&#160;Employee Benefit Plans</font></div>
            <div style="margin-bottom:10pt;margin-top:3pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company participates in the Allianz Asset
                Accumulation Plan (AAAP), a defined contribution plan sponsored by Allianz of America Corporation (AZOAC). Eligible employees are immediately enrolled in the AAAP on their first day of employment. The AAAP will accept participants&#8217; pretax,
                Roth 401(k), and/or after-tax contributions up to 80% of the participants&#8217; eligible compensation, although contributions remain subject to annual limitations set by the Internal Revenue Service. The Company matches up to a maximum of 7.5%
                of the employees&#8217; eligible compensation. Participants are 100% vested in the Company&#8217;s matching contribution after three&#160;years of service.</font></div>
            <div style="height:54pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="zf4a09e11a66d4679a5ef3f1754d78617">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">64 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:10pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The AAAP administration expenses and the trust
                fund, including trustee fees, investment manager fees, and audit fees, are payable from the trust fund but may, at the Company&#8217;s discretion, be paid by the Company. All legal fees are paid by the Company. It is the Company&#8217;s policy to fund
                the AAAP costs as incurred. The Company has expensed $13, $13, and $12 in 2020, 2019, and 2018, respectively, toward the AAAP matching contributions and administration expenses.</font></div>
            <div style="margin-bottom:10pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">A defined group of highly compensated employees is
                eligible to participate in the AZOAC Deferred Compensation Plan. The purpose of the plan is to provide tax planning opportunities, as well as supplemental funds upon retirement. The plan is unfunded, meaning no assets of the Company have
                been segregated or defined to represent the liability for accrued assets under the plan. Employees are 100% vested upon enrollment in the plan for funds they have deferred. Employees&#8217; funds are invested on a pay period basis and are
                immediately vested. Participants and the Company share the administrative fee. The accrued liability of $61 and $56 as of December&#160;31, 2020 and 2019, respectively, is recorded in Other liabilities on the Statutory Statements of Admitted
                Assets, Liabilities, and Capital and Surplus. </font></div>
            <div style="margin-bottom:10pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company sponsors a nonqualified deferred
                compensation plan for a defined group of agents. The Company can make discretionary contributions to the plan in the form and manner the Company determines reasonable. Discretionary contributions are currently determined based on
                production. The accrued liability of $66 and $71 as of December&#160;31, 2020 and 2019, respectively, is recorded in Other liabilities on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company participates in a stock-based
                compensation plan sponsored by Allianz SE, which awards certain employees Restricted Stock Units (RSU) that are tied to Allianz SE stock. Allianz SE determines the number of RSU granted to each participant. The Company records expense equal
                to the change in fair value of the units during the reporting period, which includes the Company's estimate of the number of awards expected to be forfeited. A change in value of $5, $10, and $5 was recorded in 2020, 2019, and 2018,
                respectively, and is included in General and administrative expenses on the Statutory Statements of Operations. The related liability of $18 and $18 as of December&#160;31, 2020 and 2019, respectively, is recorded in Other liabilities on the
                Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(17)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Statutory Capital and Surplus</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory accounting practices prescribed or
                permitted by the Company&#8217;s state of domicile are directed toward insurer solvency and protection of policyholders. As such, the Company is required to meet minimum statutory capital and surplus requirements. The Company&#8217;s statutory capital
                and surplus as of December&#160;31, 2020 and 2019, were in compliance with these requirements. The maximum amount of ordinary dividends that can be paid by Minnesota insurance companies to the stockholder without prior approval of the Department
                is subject to restrictions relating to statutory earned surplus, also known as unassigned funds. Unassigned funds are determined in accordance with the accounting procedures and practices governing preparation of the statutory annual
                statement. In accordance with Minnesota Statutes, the Company may declare and pay from its Unassigned surplus cash dividends of not more than the greater of 10% of its prior year-end statutory surplus, or the net gain from operations of the
                insurer, not including realized gains, for the 12-month period ending the 31st day of the next preceding year. Based on these limitations, ordinary dividends of $766 can be paid in 2021 without prior approval of the Department. </font></div>
            <div style="padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Regulatory Risk-Based Capital</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">An insurance enterprise&#8217;s state of domicile imposes
                minimum risk-based capital requirements that were developed by the NAIC. The formulas for determining the amount of risk-based capital specify various weighting factors that are applied to financial balances or various levels of activity
                based on the perceived degree of risk. Regulatory compliance is determined by a ratio of an enterprise&#8217;s regulatory total adjusted capital to its authorized control level risk-based capital, as defined by the NAIC. Companies below specific
                trigger points or ratios are classified within certain levels, each of which requires specified corrective action. This ratio for the Company significantly exceeds required minimum thresholds as of December&#160;31, 2020 and 2019.</font></div>
            <div style="height:54pt;position:relative;width:100%">
              <div style="bottom:0;position:absolute;width:100%">
                <div style="margin-bottom:6pt;margin-top:6pt;text-align:center">
                  <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%" id="z7634d8b81b7741158a079b3aeb42ec4d">

                      <tr>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.233%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                        <td style="width:1.0%"><br>
                        </td>
                        <td style="width:32.234%"><br>
                        </td>
                        <td style="width:0.1%"><br>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                        <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                          <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">65 of 67</font></div>
                        </td>
                        <td colspan="3" style="padding:0 1pt"><br>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
            </div>
            <hr style="page-break-after:always">
            <div style="min-height:108pt;width:100%">
              <div style="text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><br>
              </div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(18)&#160;&#160;&#160;&#160;Direct Premiums Written by Third-Party Administrators</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has direct premiums written by
                third-party administrators (TPAs). The types of business written by the TPAs include life, accidental death and dismemberment, medical, disability, excess risk, and LTC. The authority granted to the TPAs includes claims payment, claims
                adjustment, underwriting, and premium collection. Total premiums written by TPAs were $148, $116, and $99 for 2020, 2019, and 2018, respectively. For the years ended December&#160;31, 2020, 2019, and 2018, there were no individual TPAs that
                wrote premiums that equaled at least 5% of the capital and surplus of the Company. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(19)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Capital Structure</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company is authorized to issue three types of capital stock, as
                outlined in the table below:</font></div>
            <div style="margin-bottom:5pt;margin-top:5pt;padding-left:27pt">
              <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:93.154%" id="zfb5476911ac64af98d1ce149aca5ce1f">

                  <tr>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:23.181%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.598%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.395%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.598%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:14.395%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.598%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:11.679%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:0.598%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                    <td style="width:1.0%"><br>
                    </td>
                    <td style="width:27.658%"><br>
                    </td>
                    <td style="width:0.1%"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Authorized</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Issued and outstanding</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Par value, per share</font></td>
                    <td colspan="3" style="padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Redemption and liquidation rights</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common stock</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40,000,000&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20,000,001&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.00&#160;</font></td>
                    <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">None</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Preferred stock:</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class A
                        (consisting of Series A and B below)</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">200,000,000&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,903,484&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.00&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 10pt 2px 1pt;text-align:justify;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Designated

                        by Board for each series issued</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class A,
                        Series A</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,909,195&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,909,195&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.00&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 10pt 2px 1pt;text-align:justify;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$35.02
                        per share plus an amount to yield a compounded annual return of 6%, after actual dividends paid</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class A,
                        Series B</font></td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,000,000&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,994,289&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.00&#160;</font></td>
                    <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#cceeff;padding:2px 10pt 2px 1pt;text-align:justify;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$35.02
                        per share plus an amount to yield a compounded annual return of 6%, after actual dividends paid</font></td>
                  </tr>
                  <tr>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class B</font></td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">400,000,000&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
                    <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.00&#160;</font></td>
                    <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
                    </td>
                    <td colspan="3" style="background-color:#ffffff;padding:2px 10pt 2px 1pt;text-align:justify;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Designated

                        by Board for each series issued</font></td>
                  </tr>

              </table>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Holders of Class&#160;A preferred stock and of common
                stock are entitled to one vote per share with respect to all matters presented to or subject to the vote of shareholders. Holders of Class&#160;B preferred stock have no voting rights. All issued and outstanding shares are owned by AZOA. See
                Note&#160;1 for further discussion.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Each share of Class&#160;A preferred stock is
                convertible into one share of the Company&#8217;s common stock. The Company may redeem any or all of the Class&#160;A preferred stock at any time. Dividends will be paid to each class of stock only when declared by the BOD. In the event a dividend is
                declared, dividends must be paid to holders of Class&#160;A preferred stock, Class&#160;B preferred stock, and common stock, each in that order.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As discussed in Note&#160;15 to these Statutory
                Financial Statements, the Company carried out various capital transactions with related parties during 2020, 2019, and 2018.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(20)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Reconciliation to the Annual Statement</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company is required to file an Annual Statement
                with the Department. As of December&#160;31, 2020 and 2019, there is no difference in admitted assets or liabilities between this report and the Annual Statement. As of December&#160;31, 2020, 2019, and 2018, there is no difference in capital and
                surplus or net income between this report and the Annual Statement.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(21)&#160;&#160;&#160;&#160;Commitments and Contingencies</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company and its subsidiaries are named as
                defendants in various pending or threatened legal proceedings on an ongoing basis, arising from the conduct of business, including two putative class action proceedings: Sanchez v. Allianz Life Ins. Co. of North America (Superior Court of
                California, L.A. County, BC594715), which has been certified as a class, and Small v. Allianz Life Ins. Co. of North America (United Stated District Court, Central District </font></div>
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              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
              <div style="margin-bottom:3pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
              <div style="margin-bottom:6pt;margin-top:6pt"><br>
              </div>
            </div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">of California, Case No. 2:20-cv-01944-AB (KESx),
                which has not been certified as a class action. The Company generally intends to vigorously contest the lawsuits, but may pursue settlement negotiations in some cases, if appropriate. The outcome of the cases is uncertain at this time, and
                there can be no assurance that such litigation, or any future litigation, will not have a material adverse effect on the Company and/or its subsidiaries. The Company recognizes legal costs as incurred. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company is contingently liable for possible
                future assessments under regulatory requirements pertaining to insolvencies and impairments of unaffiliated insurance companies. Provision has been made for assessments currently received and assessments anticipated for known insolvencies.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The financial services industry, variable and fixed
                annuities, life insurance, distribution companies, and broker-dealers, is subject to close scrutiny by regulators, legislators, and the media.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Federal and state regulators, such as state
                insurance departments, state securities departments, the SEC, the Financial Industry Regulatory Authority, the Internal Revenue Service, and other regulatory bodies regularly make inquiries and conduct examinations or investigations
                concerning various selling practices, including suitability reviews, product exchanges, sales to seniors, and compliance with, among other things, insurance and securities law. The Company is, and may become, subject to ongoing market
                conduct examinations and investigations by regulators, which may have a material adverse effect on the Company.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">It can be expected that annuity and life product
                designs, management, and sales practices will be an ongoing source of regulatory scrutiny and enforcement actions, litigation, and rulemaking.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">These matters could result in legal precedents and
                new industry-wide legislation, rules, and regulations that could significantly affect the financial services industry, including life insurance and annuity companies. It is unclear at this time whether any such litigation or regulatory
                actions will have a material adverse effect on the Company in the future. </font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Certain guarantees of the Company provide for the
                maintenance of a subsidiary&#8217;s regulatory capital, surplus levels and liquidity sufficient to meet certain obligations. Those unlimited guarantees are made on behalf of certain wholly owned subsidiaries (AZNY, AZMO, ALFS and Questar Capital
                Corporation, through its parent, Yorktown). These guarantees are not limited and cannot be estimated as of the balance sheet date. From time to time, the Company makes capital contributions to these subsidiaries as needed under the
                guarantees. Capital contributions made during the years ended December&#160;31, 2020, 2019, and 2018 are detailed in Note&#160;15.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company had investments in limited partnerships
                that required a commitment of capital of $306 and $217 for the years ended December&#160;31, 2020 and 2019, respectively.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(22)&#160;&#160;&#160;&#160;Subsequent Events</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has evaluated subsequent events through
                April 2, 2021, which is the date the Statutory Financial Statements were available to be issued. No material subsequent events have occurred since December&#160;31, 2020 that require adjustment to the Statutory Financial Statements.</font></div>
            <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In March 2021, the Company paid a cash dividend to
                AZOA of $400.</font></div>
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            </div>
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          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;"> <br>
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          <div style="color: #000000; font-family: Arial; font-size: 11pt; font-style: Normal; font-weight: Normal; line-height: 13pt; margin-top: 5pt; text-decoration: none; text-transform: uppercase;">For Service or More Information</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">The SEC maintains a website (www.sec.gov). The prospectus, the
            Form N-4 SAI and other information about the Contract are available on the EDGAR database on the SEC&#8217;s website. Copies of this information may be obtained, upon payment of a duplicating fee, by electronic request at the following email address:
            publicinfo@sec.gov.</div>
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: uppercase;">Our Service Center</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">If you need customer service (for Contract changes, information
            on Contract Values, requesting a withdrawal or transfer, changing your allocation instructions, etc.) please contact our Service Center at <font style="font-weight:bold;">(800) 624-0197</font>.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">To send an application, a check for an additional Purchase
            Payment, or for general customer service, please mail to the appropriate address as follows:</div>
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                    with a check: </td>
                  <td style="line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:3pt;text-align:center;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:3pt;text-align:center; text-decoration:none;text-transform:none;vertical-align:bottom;width:51.21%;">Send an application or general customer service<br>
                    without a check: </td>
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                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2.62pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:48.00%;">REGULAR MAIL </td>
                  <td style="line-height:0pt;padding-right:6pt;padding-top:2.62pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-top:2.62pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:51.21%;">REGULAR MAIL </td>
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                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:48.00%;">Allianz Life Insurance Company of North America<br>
                    NW5989<br>
                    P.O. Box 1450<br>
                    Minneapolis, MN 55485-5989 </td>
                  <td style="line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:51.21%;">Allianz Life Insurance Company of North America<br>
                    P. O. Box 561<br>
                    Minneapolis, MN 55440-0561 </td>
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                  <td style="padding-top:1.5pt;text-align:left;vertical-align:top;width:100%;" colspan="3">&#160; </td>
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                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:48.00%;">OVERNIGHT, CERTIFIED, OR REGISTERED MAIL </td>
                  <td style="line-height:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:51.21%;">OVERNIGHT, CERTIFIED, OR REGISTERED MAIL </td>
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                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:48.00%;">Allianz Life Insurance Company of North America<br>
                    NW5989<br>
                    1801 Parkview Drive<br>
                    Shoreview, MN 55126 </td>
                  <td style="line-height:0pt;padding-bottom:6pt;padding-right:6pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:2.00%;">&#160; </td>
                  <td style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:6pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:51.21%;">Allianz Life Insurance Company of North America<br>
                    5701 Golden Hills Drive<br>
                    Golden Valley, MN 55416-1297 </td>
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          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: Normal; line-height: 13pt; text-decoration: none; text-transform: none;">&#160;&#160;&#160;&#160;</div>
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            <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:6pt;width:99.60%;" id="z34f3e6e53c5f4058ab123b0a4a212b94">

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                  <td style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4pt;padding-right:4pt;padding-top:4pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:100%;">Checks sent to the wrong address for applications or additional Purchase Payments are forwarded to the 1801 Parkview Drive address listed above, which may delay
                    processing. </td>
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          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 9pt; text-decoration: none; text-transform: none;">For general customer service by email, please use this address:
            Contact.Us@allianzlife.com. To send information by email, please use this address: variableannuity@send.allianzlife.com. To send information over the web, please upload to your account on our website at: www.allianzlife.com. If you have
            questions about whether you can submit certain information by email or over the web, please contact our Service Center.</div>
          <div style="color: #000000; font-family: Times New Roman; font-style: Normal; font-weight: Normal; line-height: 12pt; margin-top: 6pt; text-decoration: none; text-transform: none;">Until May 1, 2022, all dealers that effect transactions in these
            securities may be required to deliver a prospectus.</div>
        </div>
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          <hr noshade="noshade" align="Left" style="background-color:#000000;border-bottom:0pt;border-left:0pt;border-right:0pt;border-top:0.5pt solid #000000;height:0.5pt;width:100%;">
          <div style="color: #000000; font-family: Arial Narrow; font-style: Normal; font-weight: bold; line-height: 13pt; margin-top: 6pt; text-align: center; text-decoration: none; text-transform: none;">Allianz Index Advantage Income<sup style="font-style: Normal; text-transform: none; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> Variable Annuity Prospectus &#8211; April 30, 2021</div>
        </div>
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          <div style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;text-align:center;text-decoration:none;text-transform:none;">&#160;130&#160;</div>
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      </div>
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    <div style="text-align: left; line-height: 11.4pt;"> <br>
    </div>
    <div style="text-align: left; line-height: 11.4pt;"> <br>
    </div>
    <div style="text-align: left; line-height: 11.4pt;"> <br>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageFooter"></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div id="DSPFPageHeader"></div>
    </div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="line-height: 10.25pt;"><br style="line-height: 10.25pt;">
    </div>
    <div style="text-align: center; line-height: 11.4pt; font-family: Arial;">PART II - INFORMATION NOT REQUIRED IN PROSPECTUS</div>
    <div style="line-height: 10.25pt;"><br style="line-height: 10.25pt;">
    </div>
    <div style="line-height: 10.25pt;"><br style="line-height: 10.25pt;">
    </div>
    <div style="text-align: left; line-height: 11.4pt; font-family: 'Arial Narrow'; font-weight: bold;">ITEM 13.&#160; OTHER EXPENSES OF ISSUANCE AND DISTRIBUTION.</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <table cellspacing="0" cellpadding="0" id="z604fbe18f67d4b02bfde589e5694ec56" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

        <tr>
          <td style="width: 80.92%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;Securities and Exchange Commission Registration Fee</div>
          </td>
          <td style="width: 19.08%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">$&#160;&#160; 186,874</div>
          </td>
        </tr>
        <tr>
          <td style="width: 80.92%; vertical-align: top;">&#160;</td>
          <td style="width: 19.08%; vertical-align: top;">
            <div style="line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;--------------</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 80.92%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;Estimated Printing and Filing Costs:</div>
          </td>
          <td style="width: 19.08%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">$&#160;&#160; 30,000</div>
          </td>
        </tr>
        <tr>
          <td style="width: 80.92%; vertical-align: top;">&#160;</td>
          <td style="width: 19.08%; vertical-align: top;">
            <div style="line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;--------------</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 80.92%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;Estimated Accounting Fees:</div>
          </td>
          <td style="width: 19.08%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">$&#160; &#160; 75,000</div>
          </td>
        </tr>
        <tr>
          <td style="width: 80.92%; vertical-align: top;">&#160;</td>
          <td style="width: 19.08%; vertical-align: top;">
            <div style="line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">---------------</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 80.92%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;Estimated Legal Fees:</div>
          </td>
          <td style="width: 19.08%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">$&#160; &#160; &#160; &#160; N/A</div>
          </td>
        </tr>
        <tr>
          <td style="width: 80.92%; vertical-align: top;">&#160;</td>
          <td style="width: 19.08%; vertical-align: top;">
            <div style="line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">---------------</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 80.92%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;Estimated Miscellaneous Fees:</div>
          </td>
          <td style="width: 19.08%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">$&#160; &#160; &#160; &#160; N/A</div>
          </td>
        </tr>
        <tr>
          <td style="width: 80.92%; vertical-align: top;">&#160;</td>
          <td style="width: 19.08%; vertical-align: top;">
            <div style="line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;---------------</div>
            <div style="line-height: 12pt; margin-bottom: 6pt;"><font style="line-height: 12pt;">&#160;</font></div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>

    </table>
    <div style="text-align: left; line-height: 11.4pt; font-family: 'Arial Narrow'; font-weight: bold;">ITEM 14.&#160; INDEMNIFICATION OF OFFICERS AND DIRECTORS.</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <table cellspacing="0" cellpadding="0" id="z53833e89ee9e4fc689b7aa6fda38a360" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

        <tr>
          <td style="width: 100%; vertical-align: top;" colspan="3">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">The Bylaws of the Insurance Company provide:</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;" colspan="3">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">ARTICLE XI. INDEMNIFICATION OF DIRECTORS, OFFICERS AND EMPLOYEES</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;" colspan="3">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">SECTION 1. RIGHT TO INDEMNIFICATION:</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(a)</div>
          </td>
          <td style="width: 93.97%; vertical-align: top;" colspan="2">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Subject to the conditions of this Article and any conditions or limitations imposed by applicable law, the Corporation shall indemnify any employee, director or officer of the
              Corporation (an "Indemnified Person") who was, is, or in the sole opinion of the Corporation, may reasonably become a party to or otherwise involved in any Proceeding by reason of the fact that such Indemnified Person is or was:</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(i)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">a director of the Corporation; or</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(ii)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">acting in the course and scope of his or her duties as an officer or employee of the Corporation; or</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(iii)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">rendering Professional Services at the request of and for the benefit of the Corporation; or</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(iv)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">serving at the request of the Corporation as an officer, director, fiduciary or member of another corporation, association, committee, partnership, joint venture, trust, employee
              benefit plan or other enterprise (an "Outside Organization").</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(b)</div>
          </td>
          <td style="width: 93.97%; vertical-align: top;" colspan="2">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Notwithstanding the foregoing, no officer, director or employee shall be indemnified pursuant to these bylaws under the following circumstances:</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(i)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">in connection with a Proceeding initiated by such person, in his or her own personal capacity, unless such initiation was authorized by the Board of Directors;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(ii)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">if a court of competent jurisdiction finally determines that any indemnification hereunder is unlawful;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(iii)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">for acts or omissions involving intentional misconduct or knowing and culpable violation of law;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(iv)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">for acts or omissions that the Indemnified Person believes to be contrary to the best interests of the Corporation or its shareholders or that involve the absence of good faith on the
              part of the Indemnified Person;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(v)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">for any transaction for which the Indemnified Person derived an improper personal benefit;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(vi)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">for acts or omissions that show a reckless disregard for the Indemnified Person's duty to the Corporation or its shareholders in circumstances in which the Indemnified Person was
              aware or should have been aware, in the ordinary course of performing the Indemnified Person's duties, of the risk of serious injury to the Corporation or its shareholders;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(vii)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">for acts or omissions that constitute an unexcused pattern of inattention that amounts to an abdication of the Indemnified Person's duties to the Corporation or its shareholders;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(viii)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">in circumstances where indemnification is prohibited by applicable law;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(ix)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">in the case of service as an officer, director, fiduciary or member of an Outside Organization, where the Indemnified Person was aware or should have been aware that the conduct in
              question was outside the scope of the assignment as contemplated by the Corporation.</div>
          </td>
        </tr>

    </table>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageFooter"></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div id="DSPFPageHeader"></div>
    </div>
    <div style="line-height: 12pt; margin-bottom: 6pt;"><br style="line-height: 12pt;">
    </div>
    <table cellspacing="0" cellpadding="0" id="z69c592cc13c5418189c04fecedb2263f" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

        <tr>
          <td style="width: 100%; vertical-align: top;" colspan="2">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">SECTION 2. SCOPE OF INDEMNIFICATION:</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(a)</div>
          </td>
          <td style="width: 93.97%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Indemnification provided pursuant to Section 1(a)(iv) shall be secondary and subordinate to indemnification or insurance provided to an Indemnified Person by an Outside Organization
              or other source, if any.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(b)</div>
          </td>
          <td style="width: 93.97%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Indemnification shall apply to all reasonable expenses, liability and losses, actually incurred or suffered by an Indemnified Person in connection with a Proceeding, including without
              limitation, attorneys' fees and any expenses of establishing a right to indemnification or advancement under this article, judgments, fines, ERISA excise taxes or penalties, amounts paid or to be paid in settlement and all interest,
              assessments and other charges paid or payable in connection with or in respect of such expense, liability and loss.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(c)</div>
          </td>
          <td style="width: 93.97%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Such indemnification shall continue as to any Indemnified Person who has ceased to be an employee, director or officer of the Corporation and shall inure to the benefit of his or her
              heirs, estate, executors and administrators.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;" colspan="2">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">SECTION 3. DEFINITIONS:</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(a)</div>
          </td>
          <td style="width: 93.97%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">"Corporation" for the purpose of Article XI shall mean Allianz Life Insurance Company of North America and all of its subsidiaries.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(b)</div>
          </td>
          <td style="width: 93.97%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">"Proceeding" shall mean any threatened, pending, or completed action, suit or proceeding whether civil, criminal, administrative, investigative or otherwise, including actions by or
              in the right of the Corporation to procure a judgment in its favor.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(c)</div>
          </td>
          <td style="width: 93.97%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">"Professional Services" shall mean services rendered pursuant to (i) a professional actuarial designation, (ii) a license to engage in the practice of law issued by a State Bar
              Institution or (iii) a Certified Public Accountant designation issued by the American Institute of Certified Public Accountants.</div>
            <div style="line-height: 12pt;"><font style="line-height: 12pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;" colspan="2">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Insofar as indemnification for liability arising under the Securities Act of 1933 may be permitted for directors and officers or controlling persons of the Insurance Company pursuant
              to the foregoing, or otherwise, the Insurance Company has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and, therefore, unenforceable. In the
              event that a claim for indemnification against such liabilities (other than the payment by the Insurance Company of expenses incurred or paid by a director, officer or controlling person of the Insurance Company in the successful defense of
              any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Company will, unless in the opinion of its counsel the matter has been settled by controlling
              precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="text-align: left; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow'; font-weight: bold;">ITEM 15.&#160;&#160; RECENT SALES OF UNREGISTERED SECURITIES.</div>
    <div style="text-align: left; line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;NOT APPLICABLE.</div>
    <div style="text-align: left; line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow'; font-weight: bold;">ITEM 16.&#160;&#160; EXHIBITS AND FINANCIAL STATEMENT SCHEDULES.</div>
    <div style="text-align: left; line-height: 12pt; margin-bottom: 9.6pt; font-family: 'Arial Narrow'; font-weight: bold;">(a) Exhibits.</div>
    <table cellspacing="0" cellpadding="0" id="z0ee0c5d434894a0da4d29cde12fdf296" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

        <tr>
          <td style="width: 6.81%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">1.(a)</div>
          </td>
          <td style="width: 93.19%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/836346/0000928389-96-000190.txt">Principal Underwriter Agreement</a> by and between North American Life and Casualty Company on behalf
              of NALAC Financial Plans, Inc. dated September 14, 1988 incorporated by reference as exhibit EX-99.B3.a. from Pre-Effective Amendment No.1 to Form N-4 (File Nos. 333-06709 and 811-05618), electronically filed on December 13, 1996. (North
              American Life and Casualty Company is the predecessor to Allianz Life Insurance Company of North America. NALAC Financial Plans, Inc., is the predecessor to USAllianz Investor Services, LLC, which is the predecessor to Allianz Life Financial
              Services, LLC.)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.81%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">&#160;(b)</div>
          </td>
          <td style="width: 93.19%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/836346/000083634610000094/bdagmt.htm">Broker-Dealer Agreement</a> (amended and restated) between Allianz Life Insurance Company of
              North America and Allianz Life Financial Services, LLC, dated June 1, 2010 incorporated by reference as exhibit EX-99B3b. from Pre-Effective Amendment No. 1 to Form N-4 (File Nos. 333-166408 and 811-05618), electronically filed on September
              24, 2010.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.81%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">&#160;(c)</div>
          </td>
          <td style="width: 93.19%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">The current specimen of the <a href="https://www.sec.gov/Archives/edgar/data/836346/000083634606000054/file002.txt">selling agreement</a> between Allianz Life Financial Services,
              LLC, the principal underwriter for the Contracts, and retail brokers which offer and sell the Contracts to the public is incorporated by reference as exhibit EX-99.B3.b. from the initial filing on Form N-4 (File Nos. 333-134267 and
              811-05618), electronically filed on May 19, 2006.The underwriter has executed versions of the agreement with approximately 2,100 retail brokers.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.81%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">2.</div>
          </td>
          <td style="width: 93.19%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Not applicable</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.81%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">3. (a)</div>
          </td>
          <td style="width: 93.19%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">&#160;<a href="https://www.sec.gov/Archives/edgar/data/72499/000007249913000003/ex3a.htm">Articles of Incorporation</a>, as amended and restated August 1, 2006, of Allianz Life Insurance
              Company of North&#160; &#160; America, filed on January 3, 2013 as Exhibit 3(a) to Registrant's initial registration on Form S-1 (File No. 333-185864), is incorporated by reference.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.81%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;(b)</div>
          </td>
          <td style="width: 93.19%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249913000003/ex3b.htm">Bylaws, as amended and restated August 1, 2006</a>, of Allianz Life Insurance Company of North
              America, filed on January 3, 2013 as Exhibit 3(b) to Registrant's initial registration on Form S-1 (File No. 333-185864), is incorporated by reference.</div>
          </td>
        </tr>

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      <div id="DSPFPageBreak" style="page-break-after:always;">
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    <div style="line-height: 12pt;"><br style="line-height: 12pt;">
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        <tr>
          <td style="width: 6.54%; vertical-align: top;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">4.(a)(i)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 93.46%; vertical-align: top;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249918000016/contract.htm">Individual Variable Annuity Contract, L40538-IAI</a>,
              incorporated by reference as Exhibit 4(a) from Pre-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-222817), electronically filed on May 7, 2018.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.54%; vertical-align: top;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;(ii)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 93.46%; vertical-align: top;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249919000035/ex4aiicontractamendment.htm">Eligible Person Contract Amendment</a>,
              USA-2034, incorporated by reference as Exhibit 4(a)(ii) to Registrant's initial registration on Form S-1 (File No. 333-230901), filed on April 16, 2019.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.54%; vertical-align: top;">
            <div style="line-height: 11.4pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;(b)(i)</div>
          </td>
          <td style="width: 93.46%; vertical-align: top;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249918000016/schedpgs.htm">Contract Schedule Pages, S40875-IAI (Base), and S40877-IAI (Index
                Options)</a>, incorporated by reference as Exhibit 4(b) from Pre-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-222817), electronically filed on May 7, 2018.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.54%; vertical-align: top;">
            <div style="line-height: 11.4pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;(ii)</div>
          </td>
          <td style="width: 93.46%; vertical-align: top;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249920000074/ex4bii.htm">Index Options Contract Schedule Page</a>,
              S40877-IAI-04, incorporated by reference as Exhibit 4(b)(ii) from Post-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-237628), electronically filed on December 10, 2020.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.54%; vertical-align: top;">
            <div style="line-height: 11.4pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;(iii)</div>
          </td>
          <td style="width: 93.46%; vertical-align: top;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249920000074/ex4biii.htm">Index Options Contract Schedule Addendum</a>,
              S40877-IAI-ADD-02, incorporated by reference as Exhibit 4(b)(iii) from Post-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-237628), electronically filed on December 10, 2020.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.54%; vertical-align: top;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;(c)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 93.46%; vertical-align: top;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249919000035/ex4capplication.htm">Application for Individual Variable Annuity Contract</a> &#8211;
              IAI-APP-02-0419, incorporated by reference as Exhibit 4(c) to Registrant's initial registration on Form S-1 (File No. 333-230901), filed on April 16, 2019.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.54%; vertical-align: top;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;(d)(i)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 93.46%; vertical-align: top;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249918000016/indxperfrider.htm">Index Performance Strategy Crediting
                Rider-S40878-02-IAI</a>, incorporated by reference as Exhibit 4(d) from Pre-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-222817), electronically filed on May 7, 2018.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.54%; vertical-align: top;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;(ii)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 93.46%; vertical-align: top;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249920000074/ex4dii.htm">Index Performance Strategy Rider III</a> &#8211; S40904,
              incorporated by reference as Exhibit 4(d)(ii) from Post-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-237628), electronically filed on December 10, 2020.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.54%; vertical-align: top;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;(iii)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 93.46%; vertical-align: top;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249920000074/ex4diii.htm">Inforce Index Performance Strategy Rider III</a> &#8211;
              S40904-IAI-INFORCE, incorporated by reference as Exhibit 4(d)(iii) from Post-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-237628), electronically filed on December 10, 2020.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.54%; vertical-align: top;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;(e)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 93.46%; vertical-align: top;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249918000016/indxprotrider.htm">Index Protection Strategy Crediting
                Riders-S40879-IAI and S40899-IAI</a>, incorporated by reference as Exhibit 4(e) from Pre-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-222817), electronically filed on May 7, 2018.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.54%; vertical-align: top;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;(f)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 93.46%; vertical-align: top;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249918000016/indxguardrider.htm">Index Guard Strategy Crediting
                Rider-S40889-01-IAI</a>, incorporated by reference as Exhibit 4(f) from Pre-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-222817), electronically filed on May 7, 2018.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.54%; vertical-align: top;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;(g)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 93.46%; vertical-align: top;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249918000016/indxprecisionrider.htm">Index Precision Strategy Crediting Rider,
                S40891-IAI</a>, incorporated by reference as Exhibit 4(g) from Pre-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-222817), electronically filed on May 7, 2018.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.54%; vertical-align: top;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;(h)(i)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 93.46%; vertical-align: top;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249918000016/incomebenefitrider.htm">Income Benefit Rider, S40901-IAI, and
                schedule page, S40902-IAI</a>, incorporated by reference as Exhibit 4(h) from Pre-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-222817), electronically filed on May 7, 2018.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.54%; vertical-align: top;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(ii)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 93.46%; vertical-align: top;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249919000035/ex4hiiincomebenefitrider.htm">Income Benefit Rider S40901-01-IAI
                and Income Benefit Rider Amendment, LE40901-IAI</a>, incorporated by reference as Exhibit 4(h)(ii) to Registrant's initial registration on Form S-1 (File No. 333-230901), filed on April 16, 2019.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.54%; vertical-align: top;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(iii)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 93.46%; vertical-align: top;">
            <div style="margin-right: 3.6pt; line-height: 9.1pt; margin-bottom: 6pt; font-family: 'Arial Narrow'; font-size: 8pt;"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249919000054/ex4hiii.htm"><font style="color: #0000FF;"><u>I</u></font><font style="font-size: 10pt; color: #0000FF;"><u>ncome Benefit Rider Amendment, LE40901-GUAR</u></font></a><font style="font-size: 10pt;">, incorporated by reference as Exhibit 4(h)(ii) to Registrant's initial registration on Form S-1 (File
                No. 333-230901), filed on April 16, 2019.</font></div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.54%; vertical-align: top;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;(i)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 93.46%; vertical-align: top;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249913000009/a4f.htm">Traditional Death Benefit Rider-S40880</a> incorporated
              by reference as Exhibit 4(f) from Pre-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-185864), electronically filed on April 17, 2013.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.54%; vertical-align: top;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;(j)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 93.46%; vertical-align: top;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249918000016/mavdbrider.htm">Maximum Anniversary Death Benefit Rider-
                S40897-IAI and S40898-IAI</a>, incorporated by reference as Exhibit 4(j) from Pre-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-222817), electronically filed on May 7, 2018.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.54%; vertical-align: top;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;(k)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 93.46%; vertical-align: top;">
            <div style="margin-right: 3.6pt; line-height: 10pt; font-family: 'Arial Narrow';">I<a href="https://www.sec.gov/Archives/edgar/data/836346/000083634606000080/file017.txt">nherited IRA/Roth IRA Endorsement-S40713</a> incorporated by reference as
              exhibit EX-99.B4.q. from Pre-Effective Amendment No. 1 to Registrant's Form N-4 (File Nos. 333-134267 and 811-05618), electronically filed on September 25, 2006.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.54%; vertical-align: top;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;(l)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 93.46%; vertical-align: top;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/836346/000083634606000080/file012.txt">Roth IRA Endorsement-S40342</a> incorporated by
              reference as exhibit EX-99.B4.l. from Pre-Effective Amendment No. 1 to Registrant's Form N-4 (File Nos. 333-134267 and 811-05618), electronically filed on September 25, 2006.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.54%; vertical-align: top;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;(m)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 93.46%; vertical-align: top;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/836346/000092838999000296/0000928389-99-000296.txt">IRA Endorsement-S40014</a> incorporated
              by reference as exhibit EX-99.B4.g. from Pre-Effective Amendment No.1 to Registrant's Form N-4 (File Nos. 333-82329 and 811-05618), electronically filed on December 30, 1999.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.54%; vertical-align: top;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;(n)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 93.46%; vertical-align: top;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/836346/000092838999000296/0000928389-99-000296.txt">Unisex Endorsement-(S20146)</a>
              incorporated by reference as exhibit EX-99.B4.h. from Pre-Effective Amendment No.1 to Registrant's Form N-4 (File Nos. 333-82329 and 811-05618), electronically filed on December 30, 1999.</div>
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    <div style="text-align: left; line-height: 12pt; margin-bottom: 4.8pt;"><font style="font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;5.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.06pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Arial Narrow';"> Opinion re Legality - not applicable</font></div>
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    </div>
    <div style="line-height: 12pt; margin-bottom: 4.8pt;"><br style="line-height: 12pt;">
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    <div style="text-align: left; line-height: 12pt; margin-bottom: 4.8pt;"><font style="font-family: 'Arial Narrow';">&#160;&#160;&#160;12.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.06pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Arial Narrow';"> Not applicable</font></div>
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    <div style="text-align: left; line-height: 12pt; margin-bottom: 4.8pt;"><font style="font-family: 'Arial Narrow';">&#160;&#160;&#160;21.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.06pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Arial Narrow';"> Not applicable.</font></div>
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    <div style="text-align: left; line-height: 12pt; margin-bottom: 4.8pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="z13ac3719361a410cb37d60cea678e27f" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 45pt; vertical-align: top; align: right;"><font style="font-family: 'Arial Narrow';">&#160;&#160;&#160;24.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
              <td style="width: 27pt; vertical-align: top; align: right;"><font style="font-family: 'Arial Narrow';">(a)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.4pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
              <td style="width: auto; vertical-align: top; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249913000003/ex24b.htm">Board Resolution, effective December 11, 2012</a>, of the Board of Directors of
                Allianz Life Insurance Company of North America, filed on January 3, 2013 as Exhibit 24(b) to Registrant's initial registration on Form S-1 (File No. 333-185864), is incorporated by reference.</td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: left; line-height: 12pt; margin-bottom: 4.8pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; &#160; &#160; (b)&#160; &#160;&#160; <a href="https://www.sec.gov/Archives/edgar/data/72499/000119312514142646/d687637dex24d.htm">Form of Board Resolution of the
        Board of Directors of Allianz Life Insurance Company of North America,</a> effective April 14, 2014, filed on April 14, 2014 as Exhibit 24(d) to Registrant's Post-Effective Amendment No. 2 to Form S-1 (File No. 333-185864), is incorporated by
      reference.</div>
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        <tr>
          <td style="width: 22.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <br>
          </td>
          <td style="width: 22.9pt; vertical-align: top; align: right; font-family: 'Arial Narrow';">(c)*</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Arial Narrow';"><a href="poa.htm">Powers of Attorney,</a> filed herewith</div>
          </td>
        </tr>

    </table>
    <div style="text-align: left; line-height: 12pt; margin-bottom: 4.8pt;"><font style="font-family: 'Arial Narrow';">&#160;&#160;&#160;25.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Arial Narrow';">Not applicable</font></div>
    <div style="text-align: left; line-height: 12pt; margin-bottom: 6pt;"><font style="font-family: 'Arial Narrow';">&#160;&#160;&#160;26.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Arial Narrow';">Not applicable</font></div>
    <div style="text-align: left; line-height: 12pt; margin-bottom: 6pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="zfb12da16833d4c1a9983ab30cf7af149" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 45.4pt; vertical-align: top; align: right;"><font style="font-family: 'Arial Narrow';">&#160;&#160;&#160;99.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.04pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
              <td style="width: 26.6pt; vertical-align: top; align: right;"><font style="font-family: 'Arial Narrow';">(a)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.32pt;">&#160;&#160;&#160;&#160;&#160; <br>
                </font></td>
              <td style="width: auto; vertical-align: top; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249920000035/ex99a.htm">Alternative Minimum Value Exhibit</a> - IXA-032 (05/2020), filed on April 9, 2020
                as Exhibit 99(a) to Registrant&#8217;s Initial Registration on Form S-1 (File No. 333-237628), is incorporated by reference.</td>
            </tr>

        </table>
      </div>
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    <table cellspacing="0" cellpadding="0" id="z29cb12d9f5b148b5b1f82a654d011b5f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 6pt;">

        <tr>
          <td style="width: 22.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <br>
          </td>
          <td style="width: 22.9pt; vertical-align: top; align: right; font-family: 'Arial Narrow';">(b)*&#160;&#160; <br>
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          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Arial Narrow';"><a href="ex99b.htm">Appendix B Exhibit &#8211; Daily Adjustment Calculation </a>- IXA-010b (05/2021), filed
              herewith.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zba3d7fe8efd84d1f80564a06e6df9660" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 4.8pt;">

        <tr>
          <td style="width: 22.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <br>
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          <td style="width: 22.5pt; vertical-align: top; align: right; font-family: 'Arial Narrow';">(c)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249918000016/transitionletter.htm">Transition Representation Letter</a> - Independent Registered Public Accounting Firm, pursuant to S-K,
              item 304, incorporated by reference as Exhibit 4(j) from Pre-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-222817), electronically filed on May 7, 2018.</div>
          </td>
        </tr>

    </table>
    <div style="text-align: left; line-height: 11.4pt; margin-top: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;*&#160; Filed herewith</div>
    <div style="text-align: left; line-height: 11.4pt; font-family: 'Arial Narrow';">&#160;&#160;** To be filed by amendment</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="text-align: left; line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow'; font-weight: bold;">(b) Financial Statement Schedules</div>
    <div style="text-align: left; margin-left: 18pt; line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">All required financial statement schedules of Allianz Life Insurance Company of North America are included in Part I of this
      registration statement.</div>
    <div style="text-align: left; line-height: 12pt; margin-top: 6pt; margin-bottom: 6pt; font-family: 'Arial Narrow'; font-weight: bold;">ITEM 17.&#160;&#160; UNDERTAKINGS.</div>
    <div style="text-align: left; line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">The undersigned registrant hereby undertakes pursuant to Item 512 of Regulation S-K:</div>
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        <tr>
          <td style="width: 6.04%; vertical-align: top;">
            <div style="line-height: 11.4pt; font-family: 'Arial Narrow';">(1)</div>
          </td>
          <td style="width: 93.96%; vertical-align: top;" colspan="2">
            <div style="line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">To file, during any period in which offers or sales are being made, a&#160; post-effective amendment to this registration statement:</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">&#160;</td>
          <td style="width: 6.2%; vertical-align: top;">
            <div style="text-align: center; line-height: 11.4pt; font-family: 'Arial Narrow';">(i)</div>
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          <td style="width: 87.76%; vertical-align: top;">
            <div style="line-height: 11.4pt; font-family: 'Arial Narrow';">To include any prospectus required by section 10(a)(3) of the Securities Act of 1933;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">&#160;</td>
          <td style="width: 6.2%; vertical-align: top;">
            <div style="text-align: center; line-height: 11.4pt; font-family: 'Arial Narrow';">(ii)</div>
          </td>
          <td style="width: 87.76%; vertical-align: top;">
            <div style="line-height: 12pt; margin-bottom: 2pt; font-family: 'Arial Narrow';">To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment
              thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total
              dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to
              Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table&#160; in the effective registration statement.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">&#160;</td>
          <td style="width: 6.2%; vertical-align: top;">
            <div style="text-align: center; line-height: 11.4pt; font-family: 'Arial Narrow';">(iii)</div>
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          <td style="width: 87.76%; vertical-align: top;">
            <div style="line-height: 12pt; margin-bottom: 2pt; font-family: 'Arial Narrow';">To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such
              information in the registration statement.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">
            <div style="line-height: 11.4pt; font-family: 'Arial Narrow';">(2)</div>
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          <td style="width: 93.96%; vertical-align: top;" colspan="2">
            <div style="margin-left: 1.75pt; line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be
              a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">
            <div style="line-height: 11.4pt; font-family: 'Arial Narrow';">(3)</div>
          </td>
          <td style="width: 93.96%; vertical-align: top;" colspan="2">
            <div style="margin-left: 1.75pt; line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the
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            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>

    </table>
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      <div id="DSPFPageFooter"></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    <div style="line-height: 12pt; margin-bottom: 6pt;"><br style="line-height: 12pt;">
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        <tr>
          <td style="width: 6.04%; vertical-align: top;">
            <div style="line-height: 11.4pt; font-family: 'Arial Narrow';">(4)</div>
          </td>
          <td style="width: 93.96%; vertical-align: top;" colspan="2">
            <div style="margin-left: 1.75pt; line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">That, for the purpose of determining liability under the Securities Act of 1933 to any purchaser, each prospectus filed pursuant to Rule
              424(b) as part of a registration statement relating to an offering, other than registration statements relying on Rule 430B or other than prospectuses filed in reliance on Rule 430A, shall be deemed to be part of and included in the
              registration statement as of the date it is first used after effectiveness. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or
              deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such first use, supersede or modify any statement that
              was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such date of first use.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">&#160;</td>
          <td style="width: 93.96%; vertical-align: top;" colspan="2">&#160;</td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">
            <div style="line-height: 11.4pt; font-family: 'Arial Narrow';">(5)</div>
          </td>
          <td style="width: 93.96%; vertical-align: top;" colspan="2">
            <div style="margin-left: 1.75pt; line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">That, for the purpose of determining liability of the registrant under the Securities Act of 1933 to any purchaser in the initial distribution
              of the securities: The undersigned registrant undertakes that in a primary offering of securities of the undersigned registrant pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the
              purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned registrant will be a seller to the purchaser and will be considered to offer or sell such securities to such
              purchaser:</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">&#160;</td>
          <td style="width: 6.2%; vertical-align: top;">
            <div style="text-align: center; line-height: 11.4pt; font-family: 'Arial Narrow';">(i)</div>
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            <div style="line-height: 12pt; margin-bottom: 2pt; font-family: 'Arial Narrow';">Any preliminary prospectus or prospectus of the undersigned registrant relating to the offering required to be filed pursuant to Rule 424;</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">&#160;</td>
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            <div style="text-align: center; line-height: 11.4pt; font-family: 'Arial Narrow';">(ii)</div>
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          <td style="width: 87.76%; vertical-align: top;">
            <div style="text-align: justify; line-height: 12pt; margin-bottom: 2pt; font-family: 'Arial Narrow';">Any free writing prospectus relating to the offering prepared by or on behalf of the undersigned registrant or used or referred to by the
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            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">&#160;</td>
          <td style="width: 6.2%; vertical-align: top;">
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            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
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            <div style="text-align: justify; line-height: 12pt; margin-bottom: 2pt; font-family: 'Arial Narrow';">The portion of any other free writing prospectus relating to the offering containing material information about the undersigned registrant or
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            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">&#160;</td>
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            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 87.76%; vertical-align: top;">
            <div style="text-align: justify; line-height: 12pt; margin-bottom: 2pt; font-family: 'Arial Narrow';">Any other communication that is an offer in the offering made by the undersigned registrant to the purchaser.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">
            <div style="text-align: justify; line-height: 12pt; margin-bottom: 2pt; font-family: 'Arial Narrow';">(6)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 93.96%; vertical-align: top;" colspan="2">
            <div style="margin-left: 1.75pt; line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">Insofar as indemnification for liability arising under the Securities Act of 1933 may be permitted to directors, officers and controlling
              persons of the Registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that, in the opinion of the Securities and Exchange Commission, such indemnification is against public policy as expressed in the
              Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant
              in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter
              has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such
              issue.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>

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    <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman'; font-weight: bold;">SIGNATURES</div>
    <div style="line-height: 10.25pt;"><br style="line-height: 10.25pt;">
    </div>
    <div style="text-align: left; line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';">Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this registration statement to be signed on its behalf by
      the undersigned, thereunto duly authorized, in the City of Minneapolis, State of Minnesota, on this 16th of April, 2021.</div>
    <div style="text-align: left; margin-left: 162pt; line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</div>
    <div style="text-align: left; margin-left: 162pt; line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';">By: <u>/S/ Walter R. White*</u></div>
    <div style="text-align: left; margin-left: 162pt; line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Walter R. White</div>
    <div style="text-align: left; margin-left: 162pt; line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Chief Executive Officer, President, and Director</div>
    <div style="line-height: 10.25pt;"><br style="line-height: 10.25pt;">
    </div>
    <div style="text-align: left; line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';">Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities
      indicated on April 16<a name="z_GoBack"></a>, 2021.</div>
    <div style="line-height: 10.25pt;"><br style="line-height: 10.25pt;">
    </div>
    <div style="line-height: 10.25pt;"><br style="line-height: 10.25pt;">
    </div>
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            <div style="line-height: 14.4pt; border-bottom: 0.5pt solid black;">
              <div style="text-align: center; line-height: 12pt; font-family: 'Arial Narrow'; font-weight: bold;">Signature*</div>
            </div>
          </td>
          <td style="width: 63.79%; vertical-align: top;">
            <div style="line-height: 14.4pt; border-bottom: 0.5pt solid black;">
              <div style="text-align: center; line-height: 12pt; font-family: 'Arial Narrow'; font-weight: bold;">Title</div>
            </div>
          </td>
        </tr>
        <tr>
          <td style="width: 36.21%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Jacqueline Hunt<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="width: 63.79%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Director and Chairman of the Board</div>
          </td>
        </tr>
        <tr>
          <td style="width: 36.21%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Walter R. White<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="width: 63.79%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Director, President &amp; Chief Executive Officer</div>
          </td>
        </tr>
        <tr>
          <td style="width: 36.21%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Howard E. Woolley<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="width: 63.79%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Director</div>
          </td>
        </tr>
        <tr>
          <td style="width: 36.21%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Udo Frank<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="width: 63.79%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Director</div>
          </td>
        </tr>
        <tr>
          <td style="width: 36.21%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">William E. Gaumond<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="width: 63.79%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Director, Senior Vice President, Chief Financial Officer and Treasurer</div>
          </td>
        </tr>
        <tr>
          <td style="width: 36.21%; vertical-align: top;">&#160;</td>
          <td style="width: 63.79%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(principal accounting officer)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 36.21%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Kevin E. Walker<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="width: 63.79%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Director</div>
          </td>
        </tr>
        <tr>
          <td style="width: 36.21%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Anna Sophie Herken<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="width: 63.79%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Director</div>
          </td>
        </tr>

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    </div>
    <table cellspacing="0" cellpadding="0" id="z622bbfa0bd494b62b906a7b9ea0a7398" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 6pt;">

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          <td style="width: 28.8pt; vertical-align: top; align: right; font-family: 'Times New Roman'; font-size: 8pt;">(1)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman'; font-size: 8pt;">By Power of Attorney, filed as Exhibit 24(c) to this Registration Statement.</div>
          </td>
        </tr>

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    </div>
    <div style="line-height: 12pt; margin-bottom: 6pt;"><br style="line-height: 12pt;">
    </div>
    <div style="text-align: left; line-height: 12pt;"><font style="font-family: 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;BY</font><font style="font-family: 'Times New Roman';"><u>: /s/ Stewart D. Gregg</u></font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.02pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
    <div style="text-align: left; line-height: 12pt; font-family: 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Stewart D. Gregg, Senior Counsel</div>
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    <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman'; font-weight: bold;">FORM S-1</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman'; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman'; font-weight: bold;">INDEX TO EXHIBITS</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="line-height: 12pt; margin-bottom: 4.8pt;"><br style="line-height: 12pt;">
    </div>
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          <td rowspan="1" style="vertical-align: top; text-align: right; font-weight: bold;" colspan="2">&#160;Exhibit</td>
          <td rowspan="1" style="vertical-align: top;" colspan="2">&#160;<font style="font-weight: bold;">Description of Exhibit</font><br>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="text-align: right; line-height: 12pt; margin-bottom: 4.8pt; font-family: 'Arial Narrow';">23(a)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 12pt; margin-bottom: 4.8pt; font-family: 'Arial Narrow';">Consent of Independent Registered Public Accounting Firm</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="text-align: right; line-height: 12pt; margin-bottom: 4.8pt; font-family: 'Arial Narrow';">23(b)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 12pt; margin-bottom: 4.8pt; font-family: 'Arial Narrow';">Consent of Counsel</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="text-align: right; line-height: 12pt; margin-bottom: 4.8pt; font-family: 'Arial Narrow';">24(c)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 12pt; margin-bottom: 4.8pt; font-family: 'Arial Narrow';">Powers of Attorney</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="text-align: right; line-height: 12pt; margin-bottom: 4.8pt; font-family: 'Arial Narrow';">99(b)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 12pt; margin-bottom: 4.8pt; font-family: 'Arial Narrow';">Appendix B Exhibit &#8211; Daily Adjustment Calculation - IXA-010b (05/2021)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
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As filed with the Securities and Exchange Commission on April 16, 2021                          Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-1
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
Allianz Life Insurance Company of North America
(Exact name of Registrant as specified in its charter)
Minnesota
(State or other jurisdiction of
incorporation or organization)
6311
(Primary Standard Industrial
Classification Code Number)
41-1366075
(I.R.S. Employer
Identification No.)
5701 Golden Hills Drive
Minneapolis, MN 55416
(800) 950-5872
(Address, including zip code, and telephone number, including area code, of Registrant's principal executive offices)
Stewart D. Gregg, Esq.
Allianz Life Insurance Company of North America
5701 Golden Hills Drive
Minneapolis, MN 55416
(763) 765-2913
(Name, address, including zip code, and telephone number, including area code, of agent for service)
Approximate date of commencement of proposed sale to the public:
As soon as practicable after this registration statement becomes effective.
If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities
      Act of 1933, check the following box. [X]
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting
      company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.
Large accelerated filer
[   ]
Accelerated filer
[   ]
Non-accelerated filer
[X]
Smaller reporting company   [   ]
(Do not check if a smaller reporting company)
Calculation of Registration Fee
Title of each class of securities
to be registered
Amount to
be registered pursant to this Registration Statement
Proposed maximum offering price per unit
Proposed  maximum aggregate offering price including previously registered securities
Amount of aggregate
registration fee, including fee paid for previously registered securities
Individual Flexible Purchase Payment
Index-Linked Deferred  Annuity Contract
$4,000,000,000
(1)
NA
(2)
$8,070,000,000
(3)
$951,958.50
(3)
(1)  This amount is in addition to the $1,000,000 previously registered
      with the initial registration on Form S-1, filed on February 1, 2018, $1,500,000,000 previously registered on May 7, 2018, $570,000,000 registered on April 16, 2019, and $2,000,000,000 registered on April 9, 2020 by the Registrant under the
      Registration Statement on Form S-1 (File Nos. 333-222817, 333-230901, and 333-237628) initially declared effective on May 9, 2018, April 29, 2019, and April 1, 2020 (the "Prior Registration Statements").  Pursuant to Rule 415(a)(6)
under the Securities Act of 1933, as amended (the "Securities Act"), all unsold securities from the Prior Registration Statement will be added to this Registration Statement and the offering of  securities under the Prior
      Registration Statement will be deemed terminated as of the date of effectiveness of this Registration Statement. As of December 31, 2020 there were $893,723,151 of unsold shares registered pursuant to the Prior Registration Statement.
(2) The proposed maximum offering price per unit is not applicable since these securities
      are not issued in predetermined amounts or units.
(3)  The Registrant previously paid a registration fee in the amounts of $124.50, $186,750,
      $69,084, and $259,600 with respect to the securities registered pursuant to the Prior Registration Statement. Securities registered pursuant to the Prior Registration Statement that are unsold as of the effective date of this Registration Statement
      will be included in this Registration Statement pursuant to Rule 415(a)(6)
as of the effective date. The previously paid fee will continue to be applied to such unsold shares, which the Registrant may continue to
      offer and sell. A filing fee of $436,400 is paid herewith in connection with the new amount registered hereunder.
The Registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until
      the Registrant shall file a further amendment which specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until the registration statement shall become
      effective on such date as the Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine.
Pursuant to Rule 429, the prospectus filed herewith is combined with the prospectus from the Prior Registration Statement (File Nos. 333-222817, 333-230901, and
      333-237628).
PART I – PROSPECTUS
ALLIANZ Index Advantage Income
®
VARIABLE ANNUITY CONTRACT
An individual flexible purchase payment
            index-linked and variable deferred annuity contract
(the Contract)
Issued by Allianz Life
®
Variable Account B
(the Separate Account)
and
Allianz Life Insurance Company of North America
(Allianz Life, we, us, our)
Prospectus Dated: April 30, 2021
Standard Annuity Features
Available Investment Options
Additional Features
• Five fixed annuitization options
(Annuity Options)
• Free withdrawal
                    privilege during the six-year withdrawal charge period• Systematic withdrawal program• Minimum distribution program for certain tax-qualified Contracts• Waiver of withdrawal charge benefit (not available in all states)• Guaranteed death
                    benefit
(Traditional Death Benefit)
•  31 index-linked investment options
(Index Options)
based on
                    different combinations of five credit calculation methods
(Crediting Methods),
four nationally recognized third-party broad based equity securities indexes and an exchange-traded fund
(Index or Indexes)
, and three time periods for measuring Index performance
(Term)
• Income Benefit:
Provides guaranteed lifetime income
(Income Payments)
based on a percentage of your investment value that can begin as early as age 50, or as late as age
                      100.This benefit is automatically included in the Contract, can be removed after three years, and has an additional rider fee.
If you remove the Income Benefit you will have paid for the
                      benefit without receiving any of its advantages.
• Maximum Anniversary Value Death Benefit:
Locks in any annual investment gains to potentially provide a death benefit greater than the Traditional Death Benefit. This optional benefit must be selected at issue, cannot be removed, and has an
                      additional rider fee.
The risk of loss can become greater in the case of an early withdrawal due to withdrawal charges. Withdrawals will
                    be subject to federal and state taxation, and withdrawals taken before age 59
1
⁄
2
may
                    also be subject to a 10% additional federal tax.
If this is a Non-Qualified Contract, a withdrawal will be taxable to the extent that gain exists within the Contract. A
Non-Qualified Contract
is a Contract that is not purchased under a pension or retirement plan that qualifies for special tax treatment under sections of the Internal Revenue Code
(the Code)
.
Crediting Methods Currently Available
Only the Index Performance Strategy offers 1-year, 3-year, and 6-year Terms.
All other Crediting Methods only offer 1-year Terms.
Indexes Currently
Available with
1-year Terms
Indexes Currently
Available with
3-year and 6-year Terms
(Index Performance Strategy only)
• Index Protection Strategy with Declared Protection Strategy Credit
(the
DPSC
is the return you receive if Index performance is zero or positive)
• Index Protection Strategy with Cap
• Index Precision Strategy
(only available before Income Payments begin)
• Index Guard Strategy
(only available before Income Payments begin)
• Index Performance Strategy
(only available before Income Payments begin)
• S&P 500
®
Index
• Russell 2000
®
Index
• Nasdaq-100
®
Index
• EURO STOXX 50
®
• iShares
®
MSCI Emerging Markets ETF
• S&P 500
®
Index
• Russell 2000
®
Index
Crediting Methods, Indexes, and the 3-year and 6-year Terms may not be available in all states, or to Contracts
                    issued before April 30, 2021, as detailed in Appendix H.
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
1
Crediting Method Highlights
All Crediting Methods provide a level of protection against negative Credits from negative Index performance, and a limit on positive Credits from positive Index
                      performance.
Credits
are the return you receive from the Index Options.
Negative Index Performance Protection
Positive Index Performance Participation Limit
Index Protection
Strategy with DPSC
•
100%
–  You will never receive a negative Credit
•
Declared Protection Strategy Credits (DPSCs)
–  DPSCs cannot be less than 0.50%
Index Protection
Strategy with Cap
•
100%
–  You will never receive a negative Credit
•
Caps
(the
upper limit
on positive Index performance)
–  Caps cannot be less than 0.50%
Index Precision
Strategy
•
Buffers
(the amount of negative Index performance we absorb over the
                    duration of a Term)
–  Buffers cannot be less than 5%
•
Precision
Rates
(the return you receive if Index performance is zero or positive)
–  Precision Rates cannot be less than 3%
Index Guard
Strategy
•
Floors
(the
maximum
amount
                    of negative Index performance you absorb)
–  Floors cannot be less than -25%
•
Caps
–  Caps cannot be less than 3%
Index Performance Strategy
•
Buffers
–  Buffers cannot be less than 5%
•
1-year Term: Caps
–  Caps cannot be less than 3%
•
3-year Term: Caps
(available to Contracts issued before April 30, 2021)
–  Caps cannot be less than 5%
–  Can be uncapped
•
3-year and 6-year Terms: Caps and Participation Rates
(a percentage of Index performance)
(available to Contracts issued on or after April 30, 2021)
–  Caps for 3-year Terms cannot be less than 5%
–  Caps for 6-year Terms cannot be less than 10%
–  Both 3-year and 6-year Terms can be "uncapped" (i.e., we do not declare a Cap for that Term)
–  Participation Rates cannot be less than 100%
The Contract's risks are described in Risk Factors on page 28 of
            this prospectus.
Variable Investment Option –
AZL
®
Government Money Market Fund
You can allocate the money you put into the Contract
(Purchase Payments)
to any or all of the available Index Options. However, you cannot allocate Purchase Payments to the AZL Government Money Market Fund. The sole purpose of the AZL Government Money Market
            Fund is to hold Purchase Payments until they are transferred to the Index Options on the Index Effective Date or the next Index Anniversary. You may also reallocate and transfer Contract Value among the Index Options subject to certain
            restrictions described in this prospectus. Your
Contract Value
is the value of your Purchase Payments based on the returns of your selected Index Options and the AZL Government Money Market Fund reduced
            for Contract fees, expenses and withdrawals.
The Index Options provide Credits calculated by us based on the
            performance of one or more Indexes over a Term
as measured by the Index Return and the applicable Buffer, Floor, Precision Rate, Cap, and/or Participation Rate. The
Participation
              Rate
may allow you to receive more than the Index Return if the Index Return is positive. We do
not
apply the Participation Rate if the Index Return is zero or
            negative. Only the Index Performance Strategy 3-year and 6-year Terms available to Contracts issued on or after April 30, 2021 include a Participation Rate. The
Index Return
is the percentage change in
            Index value from the Term Start Date to the Term End Date. The
Term Start Date
is the date on which a Term begins and we set the DPSCs, Precision Rates, Caps, and Participation Rates for an Index Option;
            this can occur on either the Index Effective Date or an Index Anniversary. The
Term End Date
is the date on which a Term ends and we apply Credits; this can only occur on an Index Anniversary. The
Index Effective Date
is the first day we allocate assets to an Index Option. An
Index Anniversary
is a twelve-month anniversary of the Index Effective Date.
Because we calculate Index Returns only on a single date in time, you may experience negative or flat performance even though the Index you selected for a given Crediting Method experienced gains through some, or
              most, of the Term.
Allianz Index Advantage Income
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Variable Annuity Prospectus – April 30, 2021
2
Credits may be positive, negative, or equal to zero, depending on
            the applicable Crediting Method and the performance of the applicable Index.
The Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy allow negative Performance Credits.
A negative Performance Credit means you can lose principal and previous earnings.
These losses could be significant.
A
Performance Credit
is the Credit you receive on a Term End Date for any Index Option with the Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy.
DPSCs, Precision Rates, Caps, and Participation Rates that we use
            to determine Credits for a Contract can change on each Term Start Date
and may vary substantially based on market conditions. However, in extreme market environments, it is possible that all
              DPSCs, Precision Rates, Caps, and Participation Rates will be reduced to their respective minimums of 0.50%, 3%, 5%, 10%, or 100% as stated above.
Buffers and Floors that we use to determine Credits for a Contract do not change once
            they are established. The Crediting Methods are described in greater detail in the Summary, and in section 5, Valuing Your Contract – Calculating Credits. The Indexes are described in Appendix A. For historical information on the Buffers,
            Floors, DPSCs, Precision Rates, Caps, and Participation Rates, see Appendix C. For historical Index Option performance information, see Appendix D.
The value of Purchase Payments held in the AZL Government Money
            Market Fund
(Variable Account Value)
increase and decrease based on the AZL Government Money Market Fund's performance. The Separate Account holds the shares of the AZL Government Money Market Fund
            subaccounts that underlie the Contract.
The AZL Government Money Market Fund does not provide any protection against loss of principal.
Index-linked and variable annuity contracts are complex insurance
            and investment vehicles.
Before you invest, be sure to ask your
Financial Professional
(the person who advises you regarding the Contract) about the Contract's
              features, benefits, risks, fees and expenses, whether the Contract is appropriate for you based upon your financial situation and objectives, and for a specific recommendation to purchase the Contract. The Contract may be available through
              third-party financial advisers who charge a financial adviser fee for their services. If you choose to pay financial adviser fees from this Contract, the deduction of this financial adviser fee is in addition to this Contract's fees and
              expenses, may be subject to a withdrawal charge, reduces your guaranteed values, reduces any lifetime payments, and may be subject to federal and state income taxes and a 10% additional federal tax.
All guarantees under the Contract, including Credits, are the
            obligations of Allianz Life and are subject to our claims paying ability and financial strength.
We base Income Payments on a percentage
(Lifetime Income Percentage)
of your Contract Value,
not a guaranteed value.
Income Payments made while your Contract Value is positive are a
            withdrawal of your own assets and reduce your Contract Value. If your Contract Value remains above zero when the Income Payments end, you may not realize a benefit from the Income Benefit; the chances of your Contract Value being reduced to
            zero may be minimal.
If you change ownership or
Beneficiary(s)
(the person(s) you designate to receive any death benefit) this
may cause Income Payments to be unavailable or end prematurely.
Annual increases to the Lifetime Income Percentage(s) used to
            calculate Income Payments are not available until age 45. Income Payments have a minimum waiting period and must begin no later than age 100.
Joint Income Payments may not be available if the
              age difference between spouses is too great as stated in section 2, Eligible Person(s) and Covered Person(s).
If your Contract Value is reduced due to negative Credits and/or
            deductions for Contract fees, expenses, and/or withdrawals and your initial annual maximum Income Payment cannot meet the $100 required minimum,
the Income Benefit ends and you will have paid
              for the benefit without receiving any of its advantages.
Income Payments and the Income Benefit may also end prematurely if you withdraw more than the allowed annual maximum Income Payment, or you annuitize the Contract. For more
            information on the Income Benefit and Income Payments, see "How Does the Income Benefit Work" and "What Happens During the Income Period?" in the Summary; "Risks Associated with the Income Benefit" in Risk Factors; and section 9.
Please read this prospectus before investing and keep it for
            future reference. The prospectus describes all material rights and obligations of purchasers under the Contract. It contains important information about the Contract and Allianz Life that you ought to know before investing including material
            state variations. This prospectus is not offered in any state, country, or jurisdiction in which we are not authorized to sell the Contracts. You should rely only on the information contained in this prospectus. We have not authorized anyone to
            give you different information.
Allianz Index Advantage Income
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Variable Annuity Prospectus – April 30, 2021
3
The Securities and Exchange Commission (SEC) has not approved or
            disapproved these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense. An investment in this Contract is not a deposit of a bank or financial institution and is not
            federally insured or guaranteed by the Federal Deposit Insurance Corporation or any other federal government agency. An investment in this Contract involves investment risk including the possible loss of principal.
Allianz Life Variable Account B is the Separate Account that
            contains the assets held in the AZL Government Money Market Fund. Additional information about the Separate Account has been filed with the SEC and is available upon written or oral request without charge. A Statement of Additional Information
(SAI)
dated the same date as this Form N-4 prospectus includes additional information about the Contract. The SAI is also filed with the SEC on Form N-4 under File Number 333-222815 and is incorporated by
            reference into this prospectus. The SAI is available without charge by contacting us at the telephone number or address listed at the back of this prospectus. The SAI's table of contents appears after the Privacy and Security Statement in this
            prospectus. The prospectus and SAI are also available on our website at www.allianzlife.com. The prospectus, SAI and other Contract information are also available on the EDGAR database on the SEC's website (www.sec.gov).
Allianz Index Advantage Income
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Variable Annuity Prospectus – April 30, 2021
4
TABLE OF CONTENTS
Glossary
7
Summary
14
Who Should Consider Purchasing the Contract?
17
How Do the Crediting Methods Work?
17
How Do the Crediting Methods Compare?
18
Bar Chart Examples of the Crediting Methods Performance
20
Can the Crediting Methods, Terms, or Indexes Change?
23
When Does Allianz Establish the Values Used to Determine Index Credits?
24
What Are the Different Values Within the Contract?
24
What Is the Daily Adjustment?
25
What is the Performance Lock?
26
How Does the Income Benefit Work?
26
What Happens During the Income Period?
28
Risk Factors
28
Liquidity Risks
28
Income Benefit Risks
29
Risk of Change to the Income Benefit Supplement Prior to the Issue Date
30
Risks of Investing in Securities
30
Risk of Negative Returns
31
Risks Associated with Calculation of Credits
32
Risks Associated with Performance Locks
33
Substitution of an Index
33
Changes to Declared Protection Strategy Credits (DPSCs), Precision Rates, Caps, Participation Rates, Buffers, and Floors
34
Investment in Derivative Hedging Instruments
34
Our Financial Strength and Claims-Paying Ability
35
Regulatory Protections
35
Fee Tables
35
Owner Transaction Expenses
35
Owner Periodic Expenses
36
Contract Annual Expenses
36
Annual Operating Expenses of the AZL Government Money Market Fund
36
Examples
36
Condensed Financial Information
37
1.
The Contract
37
When the Accumulation Phase Ends
38
Financial Adviser Fees
38
When the Contract Ends
39
2.
Ownership, Annuitant, Determining Life, Beneficiary, and Payee
39
Owner
39
Joint Owner
39
Annuitant
39
Determining Life (Lives)
40
Beneficiary
40
Eligible Person(s) and Covered Person(s)
41
Payee
42
Assignments, Changes of Ownership and Other Transfers of Contract Rights
42
3.
Purchasing the Contract
43
Purchase Requirements
43
Applications Sent Electronically
43
Allocation of Purchase Payments and Contract Value Transfers
43
Electronic transfer and Allocation Instructions
44
Automatic Investment Plan (AIP)
45
Free Look/Right To Examine Period
45
4.
AZL Government Money Market Fund
45
Substitution and Limitation on Holdings
46
Excessive Trading and Market Timing
47
Voting Privileges
48
5.
Valuing Your Contract
49
Determining Variable Account Value
49
Determining Index Option Values
50
Calculating Credits
51
Daily Adjustment for the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy
52
Performance Locks
53
Optional Reallocation Program for the 1-year Term Index Options
53
6.
Expenses
54
Annual Contract Fees: Product and Rider Fees
54
Contract Maintenance Charge
56
Withdrawal Charge
56
Premium Tax
58
Income Tax
58
AZL Government Money Market Fund Expenses
58
7.
Access to Your Money
58
Free Withdrawal Privilege
59
Systematic Withdrawal Program
59
Minimum Distribution Program and Required Minimum Distribution (RMD) Payments
60
Waiver of Withdrawal Charge Benefit
60
Suspension of Payments or Transfers
60
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              Advantage Income
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Variable Annuity Prospectus – April 30, 2021
Table of Contents
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TABLE OF CONTENTS
8.
The Annuity Phase
61
Calculating Your Annuity Payments
61
Annuity Payment Options
61
When Annuity Payments Begin
62
9.
Income Benefit
63
Removing the Income Benefit
63
Requesting Income Payments
63
Calculating Your Income Payments
64
Lifetime Income Percentage Calculation Example
66
Excess Withdrawals
68
Automatic Annual Income Payment Increases
68
Taxation of Income Payments
69
When the Income Period Ends
69
When the Income Benefit Ends
69
10.
Death Benefit
70
Maximum Anniversary Value
70
Death of the Owner and/or Annuitant
72
Death Benefit Payment Options During the Accumulation Phase
72
Death Benefit Payment Options
72
11.
Taxes
73
Qualified and Non-Qualified Contracts
73
Taxation of Annuity Contracts
73
Taxation of Income Payments
74
Tax-Free Section 1035 Exchanges
74
12.
Other Information
75
The Registered Separate Account
75
Our General Account
75
Our Unregistered Separate Account
75
Distribution
75
Additional Credits for Certain Groups
77
Administration/Allianz Service Center
77
Legal Proceedings
77
Status Pursuant to Securities Exchange Act of 1934
77
13.
Information on Allianz Life
78
Directors, Executive Officers and Corporate Governance
78
Executive Compensation
82
Security Ownership of Certain Beneficial Owners and Management
92
Transactions with Related Persons, Promoters and Certain Control Persons
92
Business and Operational Risks Relevant to the Contract
92
14.
Financial Statements
98
15.
Privacy Notice
100
16.
Table of Contents of the Form N-4 SAI
102
Appendix A – Available Indexes
103
S&P 500
®
Index
103
Russell 2000
®
Index
103
Nasdaq-100
®
Index
104
EURO STOXX 50
®
104
i
Shares
®
MSCI Emerging Markets ETF
105
Appendix B – Daily Adjustment
106
Appendix C – Historical Buffers, Floors, and Initial and Renewal DPSCs, Precision Rates, and Caps
108
Index Protection Strategy with DPSC
108
Index Protection Strategy with Cap
108
Index Precision Strategy
110
Index Guard Strategy
110
Index Performance Strategy 1-year Term
111
Index Performance Strategy 3-year Term with 20% Buffer
111
Appendix D – Historical Index Option Performance Information
113
Index Protection Strategy with DPSC AND the S&P 500
®
Index
113
Index Protection Strategy with Cap AND the S&P 500
®
Index
113
Index Precision Strategy with the S&P 500
®
Index
114
Index Guard Strategy with the S&P 500
®
Index
114
Index Performance Strategy 1-year Term with the S&P 500
®
Index
115
Appendix E – Annual Contract Fees Calculation Examples
116
Assuming You Purchase a Contract with the Traditional Death Benefit
116
Assuming You Purchase a Contract with the Maximum Anniversary Value Death Benefit
116
Appendix F – Previous Versions of Income Benefit
118
Appendix G – Alternate Minimum Value
123
Appendix H – Material Contract Variations by State and Issue Date
124
Crediting Method and/or Index Option Availability Restrictions
124
Level Income Guarantee Payment Percentage Availability Restrictions
124
Other Material State Contract Variations
124
Appendix I – Selected Financial Data and Statutory Financial Statements
129
Management's Discussion and Analysis of Financial Condition and Results of Operations (For the 12 month period ended December 31, 2020)
129
Statutory Financial Statements
129
For Service or More Information
130
Our Service Center
130
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Table of Contents
Glossary
This prospectus is written in plain English. However, there are
            some technical words or terms that are capitalized and are used as defined terms throughout the prospectus. For your convenience, we included this glossary to define these terms.
Accumulated Alternate Interest
–
              the sum of alternate interest earned for the entire time you own your Contract. We use the Accumulated Alternate Interest to calculate the Alternate Minimum Value for certain Contracts as stated in Appendix G. The alternate interest for each
              Index Year is equal to either 70% or 87.5% of the Index Option Base multiplied by the alternate interest rate. The alternate interest rate is stated in your Contract and does not change for the entire time you own your Contract.
Accumulation Phase
– the first
              phase of your Contract before you request Annuity Payments. The Accumulation Phase begins on the Issue Date.
Alternate Minimum Value
– for
              certain Contracts as stated in Appendix G, the guaranteed minimum Index Option Value we provide for each Crediting Method if you take a withdrawal (including Income Payments), annuitize the Contract, or if we pay a death benefit.
Annuitant
– the individual upon
              whose life we base the Annuity Payments. Subject to our approval, the Owner designates the Annuitant, and can add a joint Annuitant for the Annuity Phase. There are restrictions on who can become an Annuitant.
Annuity Date
– the date we begin
              making Annuity Payments to the Payee from the Contract.
Annuity Options
– the annuity
              income options available to you under the Contract.
Annuity Payments
– payments made
              by us to the Payee pursuant to the chosen Annuity Option.
Annuity Phase
– the phase the
              Contract is in once Annuity Payments begin.
Beneficiary
– the person(s) or
              entity the Owner designates to receive any death benefit, unless otherwise required by the Contract or applicable law.
Buffer
– for any Index Option
              with the Index Precision Strategy or Index Performance Strategy, this is the negative Index Return that we absorb over the duration of a Term (which can be either one, three, or six years) before applying a negative Performance Credit. We do
not
apply the Buffer annually on a 3-year or 6-year Term Index Option. On the Issue Date we establish a Buffer for each Index Option with the Index
              Precision Strategy and Index Performance Strategy. However, if after the Issue Date we add a new Index Option to the Index Precision Strategy or Index Performance Strategy, we establish the Buffer for it on the date we add the Index Option to
              your Contract. Buffers are stated in your Contract and do not change once they are established.
Business Day
– each day on which
              the New York Stock Exchange is open for trading, except, with regard to the AZL Government Money Market Fund, when it does not value its shares. Allianz Life is open for business on each day that the New York Stock Exchange is open. Our
              Business Day ends when regular trading on the New York Stock Exchange closes, which is usually at 4:00 p.m. Eastern Time.
Cap
– for any Index Option with
              the Index Protection Strategy with Cap, Index Performance Strategy, or Index Guard Strategy, this is the upper limit on positive Index performance after application of any Participation Rate over the duration of a Term (which can be either
              one, three, or six years) and the maximum potential Credit for an Index Option. We do
not
apply the Cap annually on a 3-year or 6-year Term Index
              Option. On each Term Start Date, we set a Cap for each Index Option with the Index Protection Strategy with Cap, Index Performance Strategy, and Index Guard Strategy. The Caps applicable to your Contract are shown on the Index Options
              Statement.
Charge Base
– the Contract Value
              on the preceding Quarterly Contract Anniversary (or the initial Purchase Payment received on the Issue Date if this is before the first Quarterly Contract Anniversary), adjusted for subsequent Purchase Payments and any Contract Value
              withdrawn. Withdrawal adjustments include all withdrawals (even Penalty-Free Withdrawals) and any amounts we withdraw for any Contract fees and expenses. We use the Charge Base to determine the next product and rider fees we deduct.
Contract
– the individual
              flexible purchase payment index-linked and variable deferred annuity contract described by this prospectus.
Contract Anniversary
– a
              twelve-month anniversary of the Issue Date or any subsequent Contract Anniversary.
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Table of Contents
Contract Value
– the value of
              your Purchase Payments based on the returns of your selected Index Options reduced for previously assessed Contract fees and expenses, and withdrawals. On any Business Day, your Contract Value is the sum of your Index Option Value(s) and
              Variable Account Value. The Variable Account Value component of the Contract Value fluctuates each Business Day that money is held in the AZL Government Money Market Fund. The Index Option Value component of the Contract Value is adjusted on
              each Term End Date to reflect Credits, which can be negative with the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy.
A negative Credit means that you can lose principal and previous earnings.
The Index Option Values for each Index Option with the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy also reflect the Daily Adjustment on every Business Day other than the Term
              Start Date or Term End Date. The Contract Value reflects any previously deducted Contract fees and expenses, but does not reflect Contract fees and expenses that we would apply on liquidation. The cash surrender value reflects all Contract
              fees and expenses that we would apply on liquidation.
Contract Year
– any period of
              twelve months beginning on the Issue Date or a subsequent Contract Anniversary.
Covered Person(s)
– the person(s)
              upon whose age and lifetime(s) we base Income Payments as discussed in section 2. Covered Person(s) are based on the Eligible Person(s) and the Income Payment type you select on the Income Benefit Date.
Credit
– the return you receive
              on the Term End Date from the Index Options. Credits may be positive, zero, or, in some instances, negative if you select the Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy.
A negative Credit means that
            you can lose principal and previous earnings.
Crediting Method
– a method we
              use to calculate Credits for the Index Options.
Daily Adjustment
– how we
              calculate Index Option Values on days other than the Term Start Date or Term End Date for each Index Option with the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy as discussed in the Summary – What is the
              Daily Adjustment?; section 5, Valuing Your Contract – Daily Adjustment for the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy; and Appendix B. The Daily Adjustment approximates the Index Option Value that will
              be available on the Term End Date. It is the estimated present value of the future Performance Credit that we will apply on the Term End Date.
Declared Protection Strategy Credit (DPSC)
– the positive Credit you receive on a Term End Date for any Index Option with the Index Protection Strategy with DPSC if Index performance is zero or positive. You receive a Credit equal to the DPSC on the Term
              End Date if the current Index Value is equal to or greater than the Index Value on the Term Start Date. We set the DPSCs on each Term Start Date. The DPSCs provide predefined upside potential. The DPSCs applicable to your Contract are shown
              on the Index Options Statement.
Determining Life (Lives)
– the
              person(s) designated at Contract issue and named in the Contract on whose life we base the guaranteed Traditional Death Benefit or Maximum Anniversary Value Death Benefit.
Eligible Person(s)
– the
              person(s) whose age determines each Income Percentage and Income Percentage Increase that we use to calculate the Lifetime Income Percentages and Income Payments, and on whose lifetime we base Income Payments. There are restrictions on who
              can become an Eligible Person as stated in section 2.
Excess Withdrawal
– while you are
              taking Income Payments, this is the amount of any withdrawal you take during an Income Benefit Year that when added to other withdrawals and scheduled Income Payments is greater than your annual maximum Income Payment. Excess Withdrawals
              reduce your Contract Value, future Income Payments, Guaranteed Death Benefit Value, and may end your Contract. The Income Benefit is discussed in section 9.
Financial Professional
– the
              person who advises you regarding the Contract.
Floor
– for any Index Option with
              the Index Guard Strategy, this is the maximum amount of negative Index Return you absorb as a negative Performance Credit. On the Issue Date we establish a Floor for each Index Option with the Index Guard Strategy. However, if after the Issue
              Date we add a new Index Option to the Index Guard Strategy, we establish the Floor for it on the date we add the Index Option to your Contract. Floors are stated in your Contract and do not change once they are established.
Good Order
– a request is in
              "Good Order" if it contains all of the information we require to process the request. If we require information to be provided in writing, "Good Order" also includes providing information on the correct form, with any required certifications,
              guarantees and/or signatures, and received at our Service Center after delivery to the correct mailing, email, or website address, which are all listed at the back of this prospectus. If you have questions about the
Allianz Index Advantage Income
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Variable Annuity Prospectus – April 30, 2021
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Table of Contents
information we require, or whether you can submit certain information by fax,
            email or over the web, please contact our Service Center. If you send information by email or upload it to our website, we send you a confirmation number that includes the date and time we received your information.
Guaranteed Death Benefit Value
–
              the guaranteed value that is available to your Beneficiary(s) on the first death of any Determining Life during the Accumulation Phase. The Guaranteed Death Benefit Value is either total Purchase Payments adjusted for withdrawals if you
              select the Traditional Death Benefit, or the Maximum Anniversary Value if you select the Maximum Anniversary Value Death Benefit. Withdrawal adjustments include all withdrawals (even Penalty-Free Withdrawals) and any withdrawal charges, but
              not amounts we withdraw for other Contract fees and expenses.
Income Benefit
– a benefit that
              is automatically included in your Contract at issue which is described in the Summary and section 9. Income Benefit has an additional rider fee and is intended to provide a payment stream for life in the form of partial withdrawals.
Income Benefit Anniversary
– a
              twelve-month anniversary of the Income Benefit Date or any subsequent Income Benefit Anniversary. It is the date we determine Income Payment increases. Income Benefit Anniversaries always occur on Index Anniversaries.
Income Benefit Date
– the date
              you choose to begin receiving Income Payments under the Income Benefit and the Income Period begins. The Income Benefit Date must be on an Index Anniversary.
Income Benefit Supplement
– the
              supplement that must accompany this prospectus which contains the terms used to determine Income Payments for your Contract. The Income Benefit Supplement includes the Income Payment waiting period and the table showing the Income Percentages
              and Income Percentage Increases. We cannot change these terms for your Contract once they are established. We publish any changes to the Income Benefit Supplement at least seven calendar days before they take effect on our website at
              www.allianzlife.com/indexincomerates. The Income Benefit Supplement is also filed on EDGAR at www.sec.gov under Form S-1 File Number 333-230901.
Income Benefit Year
– a
              twelve-month period beginning on the Income Benefit Date or a subsequent Income Benefit Anniversary.
Income Payments
– the guaranteed
              payments we make to you under the Income Benefit for the lifetime(s) of the Covered Person(s) that are generally based on the Contract Value and Lifetime Income Percentage for the payment type you select. Payment types include single or joint
              payments under either the Level Income or Increasing Income payment options. However, if you choose the Level Income payout option and meet certain age requirements, your initial annual maximum Income Payment will not be less than the Level
              Income Guarantee Payment Percentage multiplied by your total Purchase Payments adjusted for withdrawals. Income Payments are discussed in section 9.
Income Percentages
– amounts we
              use to determine the Lifetime Income Percentages. We establish Income Percentages for each payment type. Income Percentages are generally higher for single payments compared to joint, and for the Level Income payment option compared to
              Increasing Income. The Income Percentages are stated in the Income Benefit Supplement. Please see Appendix F for the Income Percentages for previous versions of the Income Benefit.
Income Percentage Increases
– the
              amount that each Income Percentage can increase on each Index Anniversary up to and including the Income Benefit Date. We establish Income Percentage Increases for each Eligible Person based on their current age on the Index Effective Date.
Income
            Percentage Increases are not available until the Eligible Person(s) reaches age 45.
The Income Percentage Increases are stated in the Income Benefit Supplement. Please see Appendix F for the Income Percentage
              Increases for previous versions of the Income Benefit.
Income Period
– the period your
              Contract is in if you take Income Payments. The Income Period occurs during the Accumulation Phase and starts on the Income Benefit Date.
Increasing Income
– a payment
              option available under the Income Benefit. It provides Income Payment increases on each Income Benefit Anniversary during the Income Period if your selected Index Option(s) receives a Credit. These increases can continue even if your Contract
              Value reduces to zero or if your Income Payments are converted to Annuity Payments.
Index (Indexes)
– one (or more)
              of the nationally recognized third-party broad based equity securities Indexes or exchange-traded fund available to you under your Contract. The Indexes are described in Appendix A.
Index Anniversary
– a
              twelve-month anniversary of the Index Effective Date or any subsequent Index Anniversary. It is the date we apply Income Percentage Increases.
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Table of Contents
Index Effective Date
– the first
              day we allocate assets to an Index Option and we establish Income Percentage Increases for each Eligible Person. The Index Effective Date is stated on the Index Options Statement and starts the first Index Year. When you purchase this
              Contract you select the Index Effective Date as discussed in section 3, Purchasing the Contract – Allocation of Purchase Payments and Contract Value Transfers.
Index Guard Strategy
– one of the
              Crediting Methods available before the Income Period described in the Summary; and in section 5, Valuing Your Contract – Calculating Credits. The Index Guard Strategy calculates Performance Credits based on Index Returns subject to a Cap and
              Floor. You can receive negative Performance Credits under this Crediting Method, which means you can lose principal and previous earnings. The Index Guard Strategy is more sensitive to smaller negative market movements that persist over time
              because the Floor reduces the impact of large negative market movements. In an extended period of smaller negative market returns, the risk of loss is greater with the Index Guard Strategy than with the Index Performance Strategy and Index
              Precision Strategy.
Index Option
– the index-linked
              investment options to which you can allocate Purchase Payments or transfer Contract Value. Each Index Option is the combination of an Index, a Crediting Method, and a Term. For the Index Performance Strategy 3-year and 6-year Term Index
              Options we also include the Buffer amount.
Index Option Base
– an amount we
              use to calculate Credits and the Daily Adjustment. The Index Option Base is equal to the amounts you allocate to an Index Option adjusted for withdrawals, Contract fees and expenses, transfers into or out of the Index Option, and the
              application of any Credits.
Index Option Value
– on any
              Business Day, it is equal to the portion of your Contract Value in a particular Index Option. We establish an Index Option Value for each Index Option you select. Each Index Option Value includes any Credits from previous Term End Dates and
              reflects deduction of any previously assessed contract maintenance charge, product fee, rider fee, and withdrawal charge. On each Business Day other than the Term Start Date or Term End Date, the Index Option Values for each Index Option with
              the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy also include the Daily Adjustment.
Index Options Statement
– the
              account statement we mail to you on the Index Effective Date and each Index Anniversary thereafter. On the Index Effective Date, the statement shows the initial Index Values, DPSCs, Precision Rates, Caps, and Participation Rates for the Index
              Options you selected. On each Index Anniversary, the statement shows the new Index Values, Credits received, and renewal DPSCs, Precision Rates, Caps, and Participation Rates that are effective for the next Term for the Index Options you
              selected that have reached their Term End Date. The Index Options Statement also shows any applicable Buffer or Floor for your selected Index Option(s). For any 3-year or 6-year Term Index Option you selected that has not reached its Term End
              Date the statement shows the current Index Anniversary's Index Option Value, which includes the Daily Adjustment. During the Accumulation Phase and before the Income Period, the statement will also show the current Lifetime Income Percentages
              for each payment type available under the Income Benefit. During the Income Period it will show the maximum Income Payment available for the next year.
Index Performance Strategy
– one
              of the Crediting Methods available before the Income Period described in the Summary; and in section 5, Valuing Your Contract – Calculating Credits. This Crediting Method offers 1-year, 3-year, and 6-year Terms. The Index Performance Strategy
              calculates Performance Credits based on Index Returns subject to any applicable Participation Rate, Cap, and Buffer. You can receive negative Performance Credits under this Crediting Method, which means you can lose principal and previous
              earnings. The Index Performance Strategy is more sensitive to large negative market movements because small negative market movements are absorbed by the Buffer. In a period of extreme negative market performance, the risk of loss is greater
              with the Index Performance Strategy than with the Index Guard Strategy.
Index Precision Strategy
– one of
              the Crediting Methods available before the Income Period described in the Summary; and in section 5, Valuing Your Contract – Calculating Credits. The Index Precision Strategy calculates Performance Credits based on Index Values and Index
              Returns subject to the Precision Rate and Buffer. You can receive negative Performance Credits under this Crediting Method, which means you can lose principal and previous earnings. The Index Precision Strategy may perform best in periods of
              small positive market movements because the Precision Rates will generally be greater than the DPSCs, but less than the Index Performance Strategy Caps. The Index Precision Strategy is more sensitive to large negative market movements because
              small negative market movements are absorbed by the Buffer. In a period of extreme negative market performance, the risk of loss is greater with the Index Precision Strategy than with the Index Guard Strategy.
Index Protection Strategy with DPSC
– one of the Crediting Methods available during the entire Accumulation Phase, including the Income Period, described in the Summary; and in section 5, Valuing Your Contract – Calculating Credits.
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The Index Protection Strategy with DPSC provides Credits equal to the DPSCs on the
            Term End Date if the current Index Value is equal to or greater than the Index Value on the Term Start Date. The Index Protection Strategy with DPSC does not allow negative Credits, and offers the least growth opportunity as DPSCs will
            generally be less than Precision Rates and Caps.
Index Protection Strategy with Cap
– one of the Crediting Methods available during the entire Accumulation Phase, including the Income Period, described in the Summary; and in section 5, Valuing Your Contract – Calculating Credits. The Index Protection Strategy with Cap
              provides a Protection Credit based on Index Returns subject to a Cap, but does not allow negative Credits. The Index Protection Strategy with Cap offers more growth opportunity than Index Protection Strategy with DPSC, but less than Index
              Precision Strategy, Index Guard Strategy, or Index Performance Strategy.
Index Return
– the percentage
              change in Index Value from the Term Start Date to the Term End Date, which we use to determine the Protection Credits for any Index Option with the Index Protection Strategy with Cap, Performance Credits for any Index Option with the Index
              Performance Strategy or Index Guard Strategy, and negative Performance Credits for any Index Option with the Index Precision Strategy. The Index Return is the Index Value on the Term End Date, minus the Index Value on the Term Start Date,
              divided by the Index Value on the Term Start Date.
Index Value
– an Index's price at
              the end of the Business Day on the Term Start Date and Term End Date as provided by Bloomberg or another market source if Bloomberg is not available.
Index Year
– a twelve-month
              period beginning on the Index Effective Date or a subsequent Index Anniversary.
Issue Date
– the date we issue
              the Contract. The Issue Date is stated in your Contract and starts your first Contract Year. Contract Anniversaries and Contract Years are measured from the Issue Date.
Joint Owners
– the two person(s)
              designated at Contract issue and named in the Contract who may exercise all rights granted by the Contract. Joint Owners must be spouses within the meaning of federal tax law.
Level Income
– an Income Benefit
              payment option that provides an automatic annual increase to your Income Payments if your Contract Value increases from one Income Benefit Anniversary to the next during the Income Period.
Level Income Guarantee Payment Percentage
– the minimum percentage of total Purchase Payments adjusted for withdrawals you can receive as an Income Payment if you choose the Level Income payout option and meet certain age requirements as stated in section
              9 – Calculating Your Income Payments.
Lifetime Income Percentage
– the
              maximum percentage of Contract Value you can receive as an Income Payment on the Income Benefit Date. The Lifetime Income Percentages available to you before the Income Period are stated on the Index Options Statement.
Lock Date
– for each Index Option
              with the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy this is the Business Day we execute a Performance Lock and capture an Index Option Value (which
includes
the Daily Adjustment) before the Term End Date.
Maximum Anniversary Value
– the
              highest Contract Value on any Index Anniversary before age 91, adjusted for subsequent Purchase Payments and withdrawals, used to determine the Maximum Anniversary Value Death Benefit as discussed in the Summary and section 10. Withdrawal
              adjustments include all withdrawals (even Penalty-Free Withdrawals) and any withdrawal charges, but not amounts we withdraw for other Contract fees and expenses.
Maximum Anniversary Value Death Benefit
– an optional benefit described in the Summary and section 10 that has an additional rider fee and is intended to potentially provide a death benefit greater than the Traditional Death Benefit. The Maximum
              Anniversary Value Death Benefit can only be added to a Contract at issue.
Non-Qualified Contract
– a
              Contract that is not purchased under a pension or retirement plan that qualifies for special tax treatment under sections of the Code.
Owner
– "you," "your" and
              "yours." The person(s) or entity designated at Contract issue and named in the Contract who may exercise all rights granted by the Contract.
Participation Rate
– may allow
              you to receive more than the Index Return if the Index Return is positive, but the Participation Rate cannot boost Index Returns beyond any declared Cap. We do
not
apply the Participation Rate if the Index Return is zero or negative. We do
not
apply the Participation Rate annually. The
              Participation Rate is only available on the the Index Performance Strategy 3-year and 6-year Terms to Contracts issued on or after April 30, 2021. The Participation Rate is not available on Index Performance Strategy 1-year Terms, or
              on 3-year Terms that were available to
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Contracts issued before April 30, 2021. We set Participation Rates on each Term
            Start Date. The Participation Rates applicable to your Contract are shown on the Index Options Statement.
Payee
– the person or entity who
              receives Annuity Payments during the Annuity Phase.
Penalty-Free Withdrawals
–
              withdrawals you take under the free withdrawal privilege or waiver of withdrawal charge benefit, payments you take under our minimum distribution program, and Income Payments. Penalty-Free Withdrawals are not subject to a withdrawal charge.
Performance Credit
– the Credit
              you receive on a Term End Date for any Index Option with the Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy. We base Performance Credits on Index Values and Index Returns after application of any Participation
              Rate as limited by the applicable Buffer, Floor, Precision Rate, or Cap. Performance Credits can be negative,
which means you can lose principal and previous earnings.
Performance Lock
– a feature that
              allows you to capture the current Index Option Value during the Term for each Index Option with the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy. A Performance Lock applies to the total Index Option Value in
              an Index Option, and not just a portion of that Index Option Value. After the Lock Date, Daily Adjustments do not apply to a locked Index Option for the remainder of the Term and the Index Option Value will not receive a Performance Credit on
              the Term End Date.
Precision Rate
– the positive
              Performance Credit you receive for any Index Option with the Index Precision Strategy if Index performance is zero or positive. You receive a Performance Credit equal to the Precision Rate on the Term End Date if the current Index Value is
              equal to or greater than the Index Value on the Term Start Date. We set a Precision Rate for each Index Precision Strategy Index Option on each Term Start Date. The Precision Rates applicable to your Contract are shown on the Index Options
              Statement.
Protection Credit
– the Credit
              you receive on the Term End Date for any Index Option with the Index Protection Strategy with Cap. We base Protection Credits on positive Index Returns limited by the Cap. Protection Credits cannot be negative.
Proxy Investment
– provides a
              current estimate of what the Performance Credit will be on the Term End Date taking into account any applicable Buffer, Floor, Precision Rate, Cap, and/or Participation Rate. We use the Proxy Investment to calculate the Daily Adjustment on
              Business Days other than the Term Start Date or Term End Date. For more information, see Appendix B.
Proxy Value
– the hypothetical
              value of the Proxy Investment used to calculate the Daily Adjustment as discussed in Appendix B.
Purchase Payment
– the money you
              put into the Contract.
Qualified Contract
– a Contract
              purchased under a pension or retirement plan that qualifies for special tax treatment under sections of the Code (for example, 401(a) and 401(k) plans), Individual Retirement Annuities (IRAs), or Tax-Sheltered Annuities (referred to as TSA
              contracts). Currently, we issue Qualified Contracts that may include, but are not limited to Roth IRAs, traditional IRAs and Simplified Employee Pension (SEP) IRAs.
Quarterly Contract Anniversary
–
              the day that occurs three calendar months after the Issue Date or any subsequent Quarterly Contract Anniversary.
Separate Account
– Allianz Life
              Variable Account B is the Separate Account that issues the variable investment portion of your Contract. It is a separate investment account of Allianz Life. The Separate Account holds the shares of the AZL Government Money Market Fund
              subaccounts that underlie the Contracts. The Separate Account is divided into subaccounts, each of which invests exclusively in a variable investment option. The only currently available variable investment option is the AZL Government Money
              Market Fund. The Separate Account is registered with the SEC as a unit investment trust, and may be referred to as the Registered Separate Account.
Service Center
– the area of our
              company that issues Contracts and provides Contract maintenance and routine customer service. Our Service Center address and telephone number are listed at the back of this prospectus. The address for mailing applications and/or checks for
              Purchase Payments may be different and is also listed at the back of this prospectus.
Term
– The period of time, from
              the Term Start Date to the Term End Date, in which we measure Index Return to determine Credits.
Term End Date –
The day on which
              a Term ends and we apply Credits. A Term End Date may only occur on an Index Anniversary. If a Term End Date does not occur on a Business Day, we consider it to occur on the next Business Day.
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Term Start Date –
The day on
              which a Term begins and we set the DPSCs, Precision Rates, Caps, and Participation Rates for an Index Option. A Term Start Date may only occur on the Index Effective Date or an Index Anniversary. If a Term Start Date does not occur on a
              Business Day, we consider it to occur on the next Business Day.
Traditional Death Benefit
– the
              guaranteed death benefit automatically provided by the Contract for no additional fee described in the Summary and section 10.
Valid Claim
– the documents we
              require to be received in Good Order at our Service Center before we pay any death claim. This includes the death benefit payment option, due proof of death, and any required governmental forms. Due proof of death includes a certified copy of
              the death certificate, a decree of court of competent jurisdiction as to the finding of death, or any other proof satisfactory to us.
Variable Account Value
– on any
              Business Day, it is the value of the shares in the AZL Government Money Market Fund subaccounts which hold your Purchase Payments until the Index Effective Date or the next Index Anniversary. We create an AZL Government Money Market Fund
              subaccount for each of your selected Index Options. The Variable Account Value increases and decreases based on the performance of the AZL Government Money Market Fund and reflects deduction of the fund's operating expenses, any previously
              assessed contract maintenance charge, product fee, rider fee, and withdrawal charge.
Withdrawal Charge Basis
– the
              total amount under your Contract that is subject to a withdrawal charge as discussed in section 6, Expenses – Withdrawal Charge.
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Summary
The Index Advantage Income
®
is a product that offers index-linked investment options and allows you to defer taking regular fixed periodic payments
(Annuity Payments)
to a future date. During the first phase of your Contract
(Accumulation Phase)
your Contract Value fluctuates based on the performance of your
            selected Index Options and the AZL Government Money Market Fund (for Purchase Payments that have not yet been transferred to the Index Options) and deduction of Contract fees and expenses. During this phase you can make additional Purchase
            Payments (until you request Income Payments), you can take withdrawals, and if you die we pay a death benefit to your named Beneficiary(s). If you request Income Payments, your Contract will enter the
Income
              Period
. The Income Period occurs during the Accumulation Phase. If you request Annuity Payments, the Accumulation Phase and Income Period (if applicable) ends and the
Annuity Phase
begins.
            Annuity Payments are fixed payments we make based on the Annuity Option you select and your Contract Value.
Purchasing a Contract: Key Features at a Glance
Issue Age
(see section 3)
On the date we issue the Contract
(the Issue Date)
, all Owners and the Annuitant must be either:
• age 80 or younger, or
• age 75 or younger if you select the Maximum Anniversary Value Death Benefit.
The
Owner
is the person or entity designated at issue who may exercise all Contract rights. The
Annuitant
is the individual upon whose life we base Annuity
                    Payments.
Purchase Payment
Standards
(see section 3)
• $5,000 minimum initial Purchase Payment due on the Issue Date.
•
We restrict additional Purchase Payments during the Accumulation Phase.
Each Index Year before the Income Period you cannot add more than your initial amount without our prior approval. An
Index Year
is a twelve-month period beginning on the Index Effective Date or a subsequent Index Anniversary. Your initial amount is all Purchase Payments received before the first Quarterly Contract
                    Anniversary of the first Contract Year. A
Quarterly Contract Anniversary
is the day that occurs three calendar months after the Issue Date or any subsequent Quarterly Contract Anniversary. A
Contract Year
is any period of twelve months beginning on the Issue Date or a subsequent Contract Anniversary. A
Contract Anniversary
is a twelve-month
                    anniversary of the Issue Date or any subsequent Contract Anniversary. We allow you to add up to the initial amount in the remainder of the first Index Year, and each Index Year thereafter before the Income Period begins.
The minimum additional Purchase Payment we will accept is $50.
• $1 million maximum in total Purchase Payments unless we give prior approval for a higher amount.
•
We do not accept additional Purchase Payments during the Income Period or the Annuity Phase.
Allocation of Purchase Payments and Contract Value Transfers
(see section 3)
You can allocate your Purchase Payments to any or all of the Index Options available under your Contract. We only allow assets
                    to move into the Index Options on the Index Effective Date and on subsequent Index Anniversaries.
• As a result, we hold Purchase Payments in the AZL Government Money Market Fund until we transfer them to your selected Index Options according to your instructions. For additional Purchase Payments we receive after the Index Effective
                    Date, we transfer the amounts held in the AZL Government Money Market Fund to your selected Index Options on the next Index Anniversary.
However, you cannot allocate Purchase Payments to the AZL
                      Government Money Market Fund
.
• On each Index Option's Term End Date, you can transfer
Index Option Value
(the portion of your Contract Value in a particular Index Option) between Index Options.
•
We do not allow assets to move into an established 3-year or 6-year Term Index Option until the Term End Date.
• Purchase Payments you allocate to an Index Option must be held in the Index Option for the full Term before they can receive a Credit.
Therefore, additional Purchase Payments
                      we receive after the Index Effective Date that you allocate to a 1-year Term Index Option are not eligible to receive a Credit until the second Index Anniversary after we receive them, or the fourth Index Anniversary after we receive
                      them for allocations to a 3-year Term Index Option, or the seventh Index Anniversary after we receive them for allocations to a 6-year Term Index Option.
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Purchasing a Contract: Key Features at a Glance
Daily Adjustment
(see "What is the Daily Adjustment?" in this Summary and section 5)
The
Daily Adjustment
is how we calculate Index Option Values on days other than the Term Start Date or Term End Date for
                    each Index Option with the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy. The Daily Adjustment approximates the Index Option Value that will be available on the Term End Date. It is the estimated present
                    value of the future Performance Credit that we will apply on the Term End Date. The Daily Adjustment takes into account any Index gains subject to the applicable Precision Rate, Cap, and/or Participation Rate, or either any Index losses
                    greater than the Buffer or Index losses down to the Floor, but in the form of the estimated present value. Therefore, the Daily Adjustment could result in a loss beyond the protection of the Buffer or Floor.
Performance Lock
(see "What is the Performance Lock?" in this Summary and section 5)
A feature that allows you to capture the current Index Option Value during the Term for each Index Option with the Index Precision Strategy, Index Guard
                    Strategy, and Index Performance Strategy. If we execute a Performance Lock for an Index Option we do not apply the Daily Adjustment to it for the remainder of the Term and the Index Option Value will not receive a Performance Credit on
                    the Term End Date.
Product and Rider Fees
(see the Fee Tables and section 6)
Accrued daily and deducted on each Quarterly Contract Anniversary. Each fee is calculated as a percentage of the Charge Base, which is the Contract Value on the
                    preceding Quarterly Contract Anniversary adjusted for subsequent Purchase Payments and withdrawals.
• Product fee is 1.25%.
• Rider fee is 0.70% for the Income Benefit.
• Rider fee is 0.20% for the Maximum Anniversary Value Death Benefit.
If you select this benefit, you will pay 2.15% in total annual Contract fees (product fee plus the rider fees).
Other Contract Fees and Expenses
(see the Fee Tables and section 6)
• An 8.5% declining withdrawal charge applies to withdrawals taken within six years after receipt of each Purchase Payment
                    during the Accumulation Phase, and during the Income Period to
Excess Withdrawals
(the amount of any withdrawal taken during an Index Year that when added to other withdrawals and scheduled Income
                    Payments is greater than your annual maximum Income Payment).
• $50 contract maintenance charge assessed annually if the total Contract Value is less than $100,000.
• AZL Government Money Market Fund operating expenses before fee waivers and expense reimbursements of 0.64% of the average daily net assets.
You can withdraw your Contract Value, subject to any applicable withdrawal charge, and federal and state taxation. Withdrawals taken before age 59
1
⁄
2
may also be subject to a 10% additional federal tax.
Free Withdrawal Privilege
(see section 7)
Allows you to withdraw 10% of your total Purchase Payments each Contract Year during the Accumulation Phase and before the Income Period without incurring a
                    withdrawal charge.
• Any unused free withdrawal privilege in one Contract Year is not added to the amount available in the next Contract Year.
• If you withdraw more than the free withdrawal privilege we will assess a withdrawal charge if the withdrawal is taken from a Purchase Payment we received within the last six years.
•
Not
available
if you take a full withdrawal of your total Contract
                      Value or during the Income Period.
Systematic Withdrawal Program
(see section 7)
Before the Income Period, it provides automatic withdrawals of at least $100 to you at a frequency you select. These withdrawals:
• reduce the amount available under the free withdrawal privilege, and
• are subject to a withdrawal charge if you exceed the free withdrawal privilege.
Minimum Distribution Program
and Required Minimum Distribution (RMD) Payments
(see section 7)
If you own an Individual Retirement Annuity
(IRA)
or SEP IRA Contract, this program provides payments to you designed to
                    meet the Code's minimum distribution requirements. These withdrawals:
• reduce the amount available under the free withdrawal privilege before the Income Period, but
• are
not
subject to a withdrawal charge if you exceed the free withdrawal privilege before the Income Period, and are not considered to be an Excess Withdrawal during
                    the Income Period.
Waiver of Withdrawal Charge Benefit
(see section 7)
In most states, this benefit allows you to take a withdrawal without incurring a withdrawal charge if you are confined to a
                    nursing home for a period of at least 90 consecutive days.
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Purchasing a Contract: Key Features at a Glance
Annuity Payments
(see section 8)
Annuity Payments can provide a guaranteed lifetime fixed income stream with certain tax advantages. We designed the Annuity Payments for Owners who no longer
                    need immediate access to Contract Value to meet their short-term income needs.
• We offer five Annuity Options that provide payments for life, life and term certain, or life with refund.
• We base Annuity Payments on your Contract Value, the Annuity Option you select, and the lifetime and age of the Annuitant(s).
• For an individually owned Contract, Annuity Payments can be either single or joint.
Income Benefit
(see "How Does the Income Benefit Work?" later in this Summary and section 9)
The Income Benefit (0.70% rider fee) is automatically included in your Contract. It provides guaranteed lifetime Income Payments based on a percentage of your
                    Contract Value.
• Once the Income Payment waiting period has expired, Income Payments can begin as early as age 50 or as late as age 100.
• Unlike Annuity Payments, the Income Benefit allows access to your Contract Value and death benefit for a period of time after Income Payments begin.
• Once Income Payments begin your Crediting Methods are limited to the Index Protection Strategy with DPSC and Index Protection Strategy with Cap.
• If you no longer want or need the Income Benefit, you can remove it from your Contract on or after the third Index Anniversary if you have not begun Income Payments and your Contract Value is positive. If you remove the Income
                    Benefit, we stop assessing the Income Benefit rider fee.
For information on the terms used to determine your Income Payments,
please see the Income Benefit Supplement.
Death Benefit
(see section 10)
When you purchase the Contract you select either the Traditional Death Benefit (no additional fee) or the Maximum Anniversary Value Death Benefit (0.20% rider
                    fee). In either case, the death benefit is paid upon the first death of any Determining Life during the Accumulation Phase.
• We establish the Determining Lives at Contract issue and they generally do not change unless there is a change of ownership due to divorce or establishment of a Trust.
•
The Determining Life (or Lives)
is either the Owner(s) or the Annuitant if the Owner is a non-individual.If a Determining Life dies during the Accumulation Phase your Beneficiary(s) will receive
                    the greater of the Contract Value or the Guaranteed Death Benefit Value.
The Guaranteed Death Benefit Value
is either:
• total Purchase Payments adjusted for withdrawals if you select the Traditional Death Benefit, or
• the
Maximum Anniversary Value
(the highest Contract Value on any Index Anniversary before age 91, adjusted for subsequent Purchase Payments and withdrawals) if you select the Maximum Anniversary
                    Value Death Benefit.
• Withdrawals (including Income Payments) reduce your Guaranteed Death Benefit Value proportionately, which means this value may be reduced by more than the amount
                    withdrawn.
• The Maximum Anniversary Value Death Benefit cannot be less than the Traditional Death Benefit,
but they can be equal.
• If you change Owner(s) the death benefit may be reduced to Contract Value.
Material Contract Variations
(see Appendix H)
The product or certain product features may not currently be available in all states or all Contracts, may vary in your state (such as the free look), or may not
                    be available from all selling firms or from all Financial Professionals. Your Financial Professional can also provide information regarding availability of Index Options.
Customer Service
(see the last page of this prospectus)
If you need customer service (for Contract changes, information on Contract Values, requesting a withdrawal or transfer,
                    changing your allocation instructions, etc.) please contact our Service Center at (800) 624-0197. Our
Service Center
is the area of our company that issues Contracts and provides Contract
                    maintenance and routine customer service. You can also contact us by:
• mail at Allianz Life Insurance Company of North America, P.O. Box 561,
Minneapolis, MN 55440-0561, or
• email at Contact.Us@allianzlife.com.
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Who Should Consider Purchasing the Contract?
We designed the Contract for people who are looking for
            guaranteed lifetime income with continued access to Contract Value and a death benefit for a period of time, and a level of protection for their principal while providing potentially higher returns than are available on traditional fixed
            annuities. This Contract is not intended for someone who is seeking complete protection from downside risk, nor someone who is seeking unlimited investment potential.
We offer other annuity contracts that may address your investment
            and retirement needs. These contracts include variable annuities, registered index-linked annuities and fixed index annuities. These annuity products may offer different features and benefits more appropriate for your needs, including
            allocation options, fees and/or expenses that are different from those in the Contract offered by this prospectus. Not every contract is offered through every Financial Professional. Some Financial Professionals or selling firms may not offer
            and/or limit offering of certain features and benefits, as well as limit the availability of the contracts based on criteria established by the Financial Professional or selling firm. For more information about other annuity contracts, please
            contact your Financial Professional.
For example, these other annuity contracts may have different
            Index Options, and different rates and minimums for the Buffers, Floors, DPSCs, Precision Rates, Caps, and Participation Rates. DPSCs, Precision Rates, Caps, and Participation Rates may also be affected, positively or negatively, by expenses we
            incur in providing other contract features. For example, a product that deducts fees and expenses from Index Options may have higher DPSCs, Precision Rates, Caps, and Participation Rates than a contract that deducts fees and expenses only from
            variable investment options.
How Do the Crediting Methods Work?
All Crediting Methods provide a Credit on the Term End Date based
            on Index Values and Index Returns. The
Index Value
is the Index's price at the end of the Business Day on the Term Start Date and Term End Date, which we use to calculate the Index Return. A
Business Day
is each day the New York Stock Exchange is open for trading and it ends when regular trading on the New York Stock Exchange closes, which is usually at 4:00 p.m. Eastern Time. All of the Crediting
            Methods offer 1-year Term Index Options, but only the Index Performance Strategy also offers 3-year and 6-year Term Index Options.
The
Index Protection Strategy
              with DPSC
provides a Credit equal to the DPSC if the Index Value on the Term End Date is equal to or greater than the Index Value on the Term Start Date, regardless of the amount of actual Index Return. If the current Index Value is
            less than it was on the Term Start Date, the Credit is zero.
The
Index Protection Strategy
              with Cap
provides a Protection Credit.
•
If the
                    Index Return is positive, the Protection Credit is equal to the Index Return up to the Cap.
•
If the Index Value on the Term End Date is equal to or less than the Index Value on the Term Start Date, the Protection Credit is zero.
The
Index Precision Strategy
provides a Performance Credit.
•
If the
                    Index Value on the Term End Date is equal to or greater than the Index Value on the Term Start Date, regardless of the amount of actual Index Return, the Performance Credit is equal to the Precision Rate.
•
If the Index Return is negative and the loss is:
–
less
                    than or equal to the Buffer, the Performance Credit is zero. We absorb any loss up to the Buffer.
–
greater than the Buffer, the negative Performance Credit is equal to the negative Index Return in excess of the Buffer. You participate in any losses beyond the Buffer.
The
Index Guard Strategy
also provides a Performance Credit.
•
If the
                    Index Return is positive, the Performance Credit is equal to the Index Return up to the Cap.
•
If the
                    Index Value on the Term End Date is equal to the Index Value on the Term Start Date, the Performance Credit is zero.
•
If the Index Return is negative, the negative Performance Credit is equal to the negative Index Return down to the Floor. You participate in any losses down to the Floor. We absorb any negative Index
                    Return beyond the Floor.
The
Index Performance Strategy
also provides a Performance Credit.
•
If the
                    Index Return is positive, the Performance Credit is equal to:
–
the
                    Index Return up to the Cap for a 1-year Term.
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–
the
                    Index Return up to the Cap for a 3-year Term available to Contracts issued before April 30, 2021. If a 3-year Term is uncapped, the Performance Credit is equal the Index Return. We apply the Cap for the entire Term length; we do not
                    apply the Cap annually on a 3-year.
–
Index Return multiplied by the Participation Rate, up to the Cap for a 3-year or 6-year Term available to Contracts issued after April 30, 2021. If the 3-year or 6-year Term is uncapped, the Performance
                    Credit is equal to the Index Return multiplied by the Participation Rate. We apply the Participation Rate and Cap for the entire Term length; we do
not
apply the
                    Participation Rate and Cap annually on a 3-year or 6-year Term.
•
If the
                    Index Value on the Term End Date is equal to the Index Value on the Term Start Date, the Performance Credit is zero.
•
If the Index Return is negative and the loss is:
–
less
                    than or equal to the Buffer, the Performance Credit is zero. We absorb any loss up to the Buffer. We apply the Buffer for the entire Term length; we do
not
apply the
                    Buffer annually on a 3-year or 6-year Term Index Option.
–
greater than the Buffer, the negative Performance Credit is equal to the negative Index Return in excess of the Buffer. You participate in any losses beyond the Buffer.
A more detailed description of how we calculate Credits,
            including numerical examples, is included in section 5, Valuing Your Contract – Calculating Credits.
•
The

                      Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy allow negative Performance Credits.
A negative Performance Credit means you can lose principal
                      and previous earnings. These losses could be significant.
•
Because

                      we calculate Index Returns only on a single date in time, you may experience negative or flat performance even though the Index you selected for a given Crediting Method experienced gains through some, or most, of the Term.
•
If a 3-year or 6-year Term Index Option is "uncapped" for one Term (i.e., we do not declare a Cap for that Term) it does not mean that we will not declare a Cap for it on future Term Start Dates.
On
                    the next Term Start Date we can declare a Cap for the next Term, or declare it to be uncapped.
How Do the Crediting Methods Compare?
The Crediting Methods have different risk and return potentials.
What is the asset protection?
Index Protection Strategy with DPSC
• Most protection.
• If the Index loses value, the Credit is zero. You do not receive a negative Credit.
Index Protection Strategy with Cap
• Most protection.
• If the Index loses value, the Credit is zero. You do not receive a negative Credit.
Index Precision Strategy
• Less protection than the Index Protection Strategy with DPSC, Index Protection Strategy with Cap, and Index Guard Strategy.
                    Protection may be more or less than what is available with the Index Performance Strategy depending on Buffers.
• Buffer absorbs a percentage of loss, but you receive a negative Performance Credit for losses greater than the Buffer.
• Potential for large losses in any Term.
• More sensitive to large negative market movements because small negative market movements are absorbed by the Buffer. In a period of extreme negative market performance, the risk of loss is greater with the Index Precision Strategy
                    than with the Index Guard Strategy.
Index Guard Strategy
• Less protection than the Index Protection Strategy with DPSC and Index Protection Strategy with Cap, but
                    more than Index Precision Strategy and Index Performance Strategy.
• Permits a negative Performance Credit down to the Floor.
• Protection from significant losses.
• More sensitive to smaller negative market movements that persist over time because the Floor reduces the impact of large negative market movements.
• In an extended period of smaller negative market returns, the risk of loss is greater with the Index Guard Strategy than with the Index Performance Strategy and Index Precision Strategy.
• Provides certainty regarding the maximum loss in any Term.
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What is the asset protection?
Index Performance Strategy
• Less protection than the Index Protection Strategy with DPSC, Index Protection Strategy with Cap, and Index
                    Guard Strategy. Protection may be more or less than what is available with the Index Precision Strategy depending on Buffers.
• Buffers may be different between 1-year, 3-year, and 6-year Terms. Buffers can also be different between Index Options with the same Term Length.
• Buffer absorbs a percentage of loss, but you receive a negative Performance Credit for losses greater than the Buffer.
• Potential for large losses in any Term.
• More sensitive to large negative market movements because small negative market movements are absorbed by the Buffer. In a period of extreme negative market performance, the risk of loss is greater with the Index Performance Strategy
                    than with the Index Guard Strategy.
•  In extended periods of moderate to large negative market performance, 3-year and 6-year Terms may provide less protection than the 1-year Terms because, in part, the Buffer is applied over a longer period of time.
What is the growth opportunity?
Index Protection Strategy with DPSC
• Growth opportunity limited by the DPSCs.
• Least growth opportunity.
• May perform best in periods of small positive market movements.
• DPSCs will generally be less than the Precision Rates and Caps.
Index Protection Strategy with Cap
• Growth opportunity limited by the Caps.
• May perform best in periods of small positive market movements.
• Generally more growth opportunity than the Index Protection Strategy with DPSC, but less than the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy.
• Caps will generally be greater than DPSCs, but less than the Precision Rates and Caps for the Index Guard Strategy and Index Performance Strategy.
Index Precision Strategy
• Growth opportunity limited by the Precision Rates.
• May perform best in periods of small positive market movements.
• Generally more growth opportunity than the Index Protection Strategy with DPSC and Index Protection Strategy with Cap, but less than the Index Performance Strategy.
• Growth opportunity may be more or less than the Index Guard Strategy depending on Precision Rates and Caps.
Index Guard Strategy
• Growth opportunity limited by the Caps.
• May perform best in a strong market.
• Growth opportunity that generally may be matched or exceeded only by the Index Performance Strategy. However, growth opportunity may be more or less than the Index Precision Strategy or Index Performance Strategy depending on
                    Precision Rates and Caps.
Index Performance Strategy
• Growth opportunity limited by the Caps and/or Participation Rates.
If we do not declare a Cap for a 3-year or 6-year Term Index Option there is no maximum limit on the positive Index Return for that Index Option. In addition, you can receive more than the
                      positive Index Return if the Participation Rate applies and is greater than its 100% minimum.
• May perform best in a strong market.
• Generally the most growth opportunity. However, growth opportunity may be less than the Index Precision Strategy or Index Guard Strategy depending on Precision Rates, Caps, and/or Participation Rates.
What can change within a Crediting Method?
Index Protection Strategy with DPSC
• Renewal DPSCs for existing Contracts can change on each Term Start Date.
• DPSCs are subject to a 0.50% minimum.
Index Protection Strategy with Cap
• Renewal Caps for existing Contracts can change on each Term Start Date.
• Caps are subject to a 0.50% minimum.
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What can change within a Crediting Method?
Index Precision Strategy
• Renewal Precision Rates for existing Contracts can change on each Term Start Date.
• If we add a new Index Option to your Contract after the Issue Date, we establish the Buffer for it on the date we add the Index Option to your Contract. Your actual Buffers cannot change once they are established.
• Precision Rates are subject to a 3% minimum, and Buffers are subject to a 5% minimum.
Index Guard Strategy
• Renewal Caps for existing Contracts can change on each Term Start Date.
• If we add a new Index Option to your Contract after the Issue Date, we establish the Floor for it on the date we add the Index Option to your Contract. Your actual Floors cannot change once they are established.
• Caps are subject to a 3% minimum, and Floors are subject to a -25% minimum.
Index Performance Strategy
• Renewal Caps and/or Participation Rates for existing Contracts can change on each Term Start Date.
• If we add a new Index Option to your Contract after the Issue Date, we establish the Buffer for it on the date we add the Index Option to your Contract. Your actual Buffers cannot change once they are established.
• Caps are subject to a 3% minimum for 1-year Terms, 5% for 3-year Terms, or 10% for 6-year Terms. Participation Rates are subject to a 100% minimum. Buffers are subject to a 5% minimum.
• For any Index
                    Option with the
Index Precision Strategy or Index Performance Strategy,
you participate in any negative Index Return in excess of the Buffer
,
                    which reduces your Contract Value. For example, if we set the Buffer at 5% we would absorb the first -5% of Index Return and you could lose up to 95% of the Index Option Value. However, for any Index Option with the
Index Guard Strategy
,
we absorb any negative Index Return in excess of the Floor.
For example, if we set the Floor at -25%, your maximum loss
                    would be limited to -25% of the Index Option Value due to negative Index Returns.
•
The minimum Buffer and Floor are the least amount of protection that you could receive from negative Index Returns for any Index Option with the Index Precision Strategy, Index Guard Strategy, or Index
                      Performance Strategy.
•
DPSCs, Precision Rates, Caps, and Participation Rates as set by us from time-to-time may vary substantially based on market conditions.
However, in
                      extreme market environments, it is possible that all DPSCs, Precision Rates, Caps, and Participation Rates will be reduced to their respective minimums of 0.50%, 3%, 5%, 10%, or 100% as stated above.
•
Buffers, Floors, DPSCs, Precision Rates, Caps, and Participation Rates can be different from Index Option to Index Option.
For example, Caps for the Index Performance Strategy 1-year Terms can be different between the S&P 500
®
Index and the Nasdaq-100
®
Index, and Caps for the S&P 500
®
Index can be different between 1-year and 3-year Terms on the Index Performance Strategy, and between the 1-year Terms for the Index Guard
                      Strategy and Index Performance Strategy.
They may also be different from Contract-to-Contract depending on the Index Effective Date and the state of issuance.
Bar Chart Examples of the Crediting Methods Performance
The following hypothetical examples show conceptually how the
            Crediting Methods might work in different market environments and assume no change in the hypothetical DPSCs, Precision Rates, Caps, and/or Participation Rates. All values below are for illustrative purposes only. The examples do not reflect
            any Buffers, Floors, DPSCs, Precision Rates, Caps, and/or Participation Rates that may actually apply to a Contract. The examples do not predict or project the actual performance of the Index Advantage Income
®
. Although an Index or Indexes will affect your Index Option Values, the Index Options do not directly participate in any stock or equity investment
            and are not a direct investment in an Index. The Index Values do not include the dividends paid on the stocks comprising an Index. An allocation to an Index Option is not a purchase of shares of any stock or index fund. These examples do not
            reflect deduction of the Contract fees and expenses. Historical Index Option performance information is also included in Appendix D.
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Can the Crediting Methods, Terms, or Indexes Change?
We can add new Crediting Methods, Terms, and Indexes to your
            Contract in the future, and you can allocate Purchase Payments or transfer Contract Value to them on the next Index Anniversary after we make them available to you. Once we add a Crediting Method to your Contract we cannot remove it, or change
            how it calculates Credits. If we add a new Index Option to your Contract, we cannot change its Buffer or Floor after it is established. However, we can change the renewal DPSCs, Precision Rates, Caps, and/or Participation Rates associated with
            any Index Option on each Term Start Date.
Once we add an Index to your Contract, we cannot remove it
            without simultaneously replacing or substituting it. Index replacements and substitutions can occur either on a Term Start Date, Term End Date, or during a Term. If we substitute an Index during a Term, we will combine the return of the
            previously available substituted Index with the return of the new Index. However, if we substitute an Index, we do
not
change the Buffers or Floors applicable to your Contract,
            or the current DPSCs, Precision Rates, Caps, and/or Participation Rates that we set on the Term State Date. Any changes to the DPSCs, Precision Rates, Caps, and/or Participation Rates for the new substituted Index will occur at the next
            regularly scheduled Term Start Date. For more information, see Risk Factors – Substitution of an Index.
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Historical information on the Buffers, Floors, DPSCs, Precision Rates, Caps, and Participation Rates is provided in Appendix C.
This information is for historical purposes only and is not a representation as to future Buffers, Floors, DPSCs, Precision Rates, Caps, and Participation Rates.
When Does Allianz Establish the Values Used to Determine Index
            Credits?
We establish the Buffers and Floors for your Contract on the
            Issue Date. However, if we add a new Index Option to your Contract after the Issue Date, we establish any applicable Buffer or Floor for it on the date we add the Index Option to your Contract. Your actual Buffers and Floors are stated in your
            Contract and cannot change once they are established.
We establish the initial DPSCs, Precision Rates, Caps, and
            Participation Rates for a newly issued Contract on the Index Effective Date and they cannot change until the next Term Start Date. You select the Index Effective Date when you purchase your Contract. It can be any Business Day from the Issue
            Date up to and including the first Quarterly Contract Anniversary, but it cannot be the 29th, 30th or 31st of a month. We can change the renewal DPSCs, Precision Rates, Caps, and Participation Rates for an existing Contract on each new Term
            Start Date, in our discretion. Your initial and renewal DPSCs, Precision Rates, Caps, and Participation Rates are stated in your
Index Options Statement
, which is the account statement we mail to you on
            the Index Effective Date and each Index Anniversary. The Index Options Statement also includes the Index Values on the Term Start Date and Term End Date. We use these Index Values to determine Index Returns and Credits.
For information on the Buffers, Floors, and initial DPSCs,
            Precision Rates, Caps, and Participation Rates we currently offer for newly issued Contracts, see our website at www.allianzlife.com/indexincomerates. We publish any changes to these values at least seven calendar days before they take effect.
We will send you a letter at least 30 days before each Index
            Anniversary. This letter advises you that current DPSCs, Precision Rates, Caps, and Participation Rates are expiring, and that renewal rates for the next Term Start Date will be available for your review in your account on our website at least
            seven calendar days before the upcoming Index Anniversary. Renewal rates are also available on our website at www.allianzlife.com/indexincomerates. The Index Anniversary letter also reminds you of your opportunity to transfer your Index Option
            Values on any upcoming Term End Date.
•  If your Contract is within its free
                    look period you may be able to take advantage of any increase in initial DPSCs, Precision Rates, Caps, and/or Participation Rates by cancelling your Contract and purchasing a new Contract.
•  DPSCs, Precision Rates, Caps,
                    and Participation Rates may be different between newly issued and existing Contracts, and between existing Contracts issued on the same month and day in different years. For example, assume that in August 2020 we set Caps for the Index
                    Performance Strategy 1-year Term with the S&P 500
®
Index as follows:
–  13% initial rate for new Contracts issued in 2020,
–  14% renewal rate for existing Contracts issued in 2019, and
–  12% renewal rate for existing Contracts issued in 2018.
What Are the Different Values Within the Contract?
The Contract provides the following values as discussed in
            section 5, Valuing Your Contract.
•
The
                    Contract Value is the sum of your Variable Account Value and Index Option Values. Contract Value reflects any previously deducted Contract fees and expenses, but does not reflect Contract fees and expenses that we would apply on
                    liquidation. The cash surrender value reflects all fees and charges that we would apply on liquidation.
•
Your Variable Account Value is the value of the shares in the AZL Government Money Market Fund subaccounts which hold your Purchase Payments until the Index Effective Date or next Index Anniversary. It
                    reflects deduction of the fund's operating expenses, and previously assessed contract maintenance charge, product fee, rider fees, and any withdrawal charge. It changes each Business Day based on the performance of the AZL Government
                    Money Market Fund.
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•
Your
                    total Index Option Value is the sum of the values in each of your selected Index Options. Each Index Option Value includes any Credits from previous Term End Dates and the deduction of any previously assessed contract maintenance
                    charge, product fee, rider fees, and withdrawal charge. Amounts removed from the Index Options during the Term for withdrawals and Contract expenses
do not
receive a
                    Credit on the Term End Date, but the amount remaining does receive a Credit subject to the applicable Buffer, Floor, DPSC, Precision Rate, Cap, and/or Participation Rate.
–
On each
                    Business Day during the Term other than the Term Start Date or Term End Date, we calculate the current Index Option Value  for each Index Option with the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy by
                    adding a Daily Adjustment to the Index Option Base. The
Index Option Base
is the amount you allocate to an Index Option adjusted for withdrawals, deduction of Contract fees and expenses, transfers
                    into or out of the Index Option, and the application of any Credits.
–
During the Term the Index Option Values for Index Options with the Index Protection Strategy with DPSC and Index Protection Strategy with Cap do not change for Index performance, and do not receive the
                    Daily Adjustment.
What Is the Daily Adjustment?
The Daily Adjustment is how we calculate Index Option Values on
            Business Days other than the Term Start Date or Term End Date  for each Index Option with the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy.
The Index Options
              with the Index Protection Strategy with DPSC and Index Protection Strategy with Cap and the AZL Government Money Market Fund are not subject to the Daily Adjustment.
The Daily Adjustment can affect the amounts available for
            withdrawal, annuitization, payment of the death benefit, and the Contract Value used to determine the Charge Base and contract maintenance charge. The Daily Adjustment can be positive or negative. When the Daily Adjustment is positive, your
            Index Option Value has increased since the Term Start Date. When it is negative, your Index Option Value has decreased (excluding the effect of the deduction of Contract expenses or any partial withdrawal).
We calculate the Daily Adjustment for a given Business Day before
            we deduct any Contract fees or expenses or process any partial withdrawal on that Business Day, including Penalty-Free Withdrawals. However, the Daily Adjustment calculation is not affected by any Contract fee or expense deduction, or partial
            withdrawal.
Penalty-Free Withdrawals
are withdrawals you take under the free withdrawal privilege or waiver of withdrawal charge benefit, and payments you take under our minimum distribution program.
            Penalty-Free Withdrawals taken from the Index Options are not subject to a withdrawal charge. The Daily Adjustment does not change the Contract fee or expense deducted, or the withdrawal amount; it only changes the Index Option Value from which
            we deduct the Contract fee or expense, or withdrawal.
The Daily Adjustment approximates the Index Option Value that
            will be available on the Term End Date. It is the estimated present value of the future Performance Credit that we will apply on the Term End Date. The Daily Adjustment takes into account:
(i)
any
                    Index gains during the Term subject to the applicable Precision Rate, Cap, and/or Participation Rate,
(ii)
either
                    any Index losses greater than the Buffer or Index losses down to the Floor, and
(iii)
the number of days until the Term End Date.
The Daily Adjustment does this by using the hypothetical value of
            a Proxy Investment
(Proxy Value)
each Business Day, other than the Term Start Date or Term End Date, based on the formulas described in Appendix B. The
Proxy Investment
provides a current estimated present value of what the Performance Credit will be on the Term End Date taking into account the applicable Buffer, Floor, Precision Rate, Cap, and/or Participation Rate. The Daily Adjustment is not the actual
            Index return on the day of the calculation, and the estimated present value Performance Credit is not guaranteed. Therefore, the Daily Adjustment could result in a loss beyond the protection of the Buffer or Floor.
A withdrawal taken during the Term may not receive the full
            benefit of the Buffer or Floor because the Daily Adjustment takes into account what may potentially happen between the withdrawal date and the Term End Date. All other factors being equal, even if the current Index return during the Term is
            greater than the Precision Rate or Cap, the Daily Adjustment will usually be lower than the Precision Rate or Cap. This is because there is a possibility that the Index return could decrease before the Term End Date. Similarly, even though a
            negative Index return may be within the amount of the Buffer for the Index Precision Strategy and Index Performance Strategy, you still may receive a negative Daily Adjustment because there is a possibility that the Index Return could decrease
            before the Term End Date. The Daily Adjustment for 3-year and 6-year Term Index Options may be more negatively impacted by changes in the expected volatility of Index prices than 1-year Term Index Options due to the difference in Term length.
            Also, the risk of a negative Daily Adjustment
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is greater for 3-year and 6-year Term Index Options than 1-year Term Index Options
            due to the Term length. 3-year and 6-year Term Index Options with a Participation Rate above 100% may also have larger fluctuations in the Daily Adjustment than Index Options either without a Participation Rate, or with a Participation Rate
            equal to 100%. Finally, a negative Index return for the Index Guard Strategy may result in you receiving a Daily Adjustment lower than the Floor, because the Daily Adjustment reflects the present value of the Floor and you will not receive the
            full benefit of the Floor until the Term End Date.
A negative Daily Adjustment may cause you to realize loss of principal or previous earnings.
The Daily Adjustment's risks are discussed in more detail in Risk
            Factors – Risk of Negative Returns. The specific details of the Daily Adjustment formula are described in Appendix B and in Exhibit 99(b) of the Form S-1 Registration Statement filed with the SEC, of which this prospectus is a part. This
            information is incorporated by reference into this prospectus. You can obtain a copy of Exhibit 99(b) by calling (800) 624-0197, or visiting our website at www.allianzlife.com.
What is the Performance Lock?
For each Index Option with the Index Precision Strategy, Index
            Guard Strategy, and Index Performance Strategy, you can capture the current Index Option Value (which includes the Daily Adjustment) on any Business Day during the Term through our Performance Lock feature. You (or your Financial Professional,
            if authorized) can request Performance Locks based on the Daily Adjustment. On our website the Daily Adjustment is included in the Index Option Value return figures. Additionally, you can transfer assets out of a 3-year or 6-year Term Index
            Option before the Term End Date by executing a Performance Lock on or before the second Index Anniversary of a 3-year Term, or on or before the fifth Index Anniversary of a 6-year Term. The Business Day that we execute a Performance Lock is the
Lock Date
for that Index Option.
We will not provide advice or notify you regarding whether you should exercise a Performance Lock or the optimal time for doing so. We will not warn you if you
                    exercise a Performance Lock at a sub-optimal time. We are not responsible for any losses related to your decision whether or not to exercise a Performance Lock.
How Does the Income Benefit Work?
The Income Benefit is automatically included in your Contract at
            issue and provides guaranteed lifetime Income Payments until annuitization. Unlike Annuity Payments, the Income Benefit allows access to your Contract Value and death benefit for a period of time after Income Payments begin. However, once
            Income Payments begin only the Index Options with the Index Protection Strategy with DPSC and Index Protection Strategy with Cap are available to you. The Income Benefit has a rider fee as discussed in the Fee Tables, and section 6, Expenses.
If you no longer want or need the benefits provided by the Income
            Benefit, you can remove it from your Contract on or after the third Index Anniversary and before Income Payments begin if your Contract Value is positive. If you remove the Income Benefit, we stop assessing the Income Benefit rider fee. You
            cannot remove the Income Benefit on or after the Income Benefit Date (the date you begin receiving Income Payments and the Income Period begins).
If you remove the Income Benefit you will have
              paid for the benefit without receiving any of its advantages.
We designed Income Payments to last for the lifetime of the
Covered Person(s)
. Covered Person(s) are based on the Eligible Person(s) and the Income Payment type you select on the Income Benefit Date. We establish
Eligible Person(s)
at issue based on the Contract's ownership and tax qualification status.
We generally base Income Payments on the Lifetime Income
            Percentage and your Contract Value. However, if you choose the Level Income payout option and meet certain age requirements, your initial Income Payment will not be less than a percentage (Level Income Guarantee Payment Percentage) of your
            total Purchase Payments adjusted for withdrawals.
We base each Lifetime Income Percentage on its
Income Percentage(s)
and
Income Percentage Increase
(the amount that each Income Percentage can increase on each Index Anniversary up to and including the Income Benefit
            Date). On the Index Effective Date we establish:
•
An
                    Income Percentage for each payment type using the Eligible Person's current age, or younger Eligible Person's current age for joint payments. This Income Percentage is also the initial Lifetime Income Percentage for each payment type.
•
An Income Percentage Increase for each Eligible Person based on their current age (or younger Eligible Person's current age for joint payments). However, if there are two Eligible Person(s) the Index
                    Options Statement will not display a single Lifetime Income Percentage for an Eligible Person who is only a Beneficiary, because only an Eligible Person who is also an Owner (or Annuitant if the Owner is a non-individual) can become a
                    Covered Person if you select single payments.
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During the Accumulation Phase on each Index Anniversary on and
            before the Income Benefit Date, we add an Income Percentage Increase to each Lifetime Income Percentage once the Eligible Person (or younger Eligible Person for joint payments) reaches age 45.
This
              means if an Eligible Person is younger than age 44 on the Issue Date:
•
you will
                    not receive an increase to a Lifetime Income Percentage based on that Eligible Person until the Index Anniversary that the Eligible Person (or younger Eligible Person for joint payments) reaches age 45, and
•
you will pay a rider fee during the period you are not eligible for an Income Percentage Increase.
The table showing the Income Percentages and Income Percentage
            Increases is stated in the Income Benefit Supplement. Additional Purchase Payments we receive after the Index Effective Date will adjust each Lifetime Income Percentage on the next Index Anniversary based on:
•
the
                    Income Percentage for the Eligible Person's current age, and
•
the Variable Account Value's percentage of total Contract Value.
If we receive additional Purchase Payments after the Eligible
            Person reaches age 45, these Purchase Payments will increase the available Income Payment because they increase the Contract Value, although they actually decrease each Lifetime Income Percentage. An example of this is included in section 9,
            Lifetime Income Percentage Calculation Example.
Then when you are ready to take Income Payments, you can choose
            which Lifetime Income Percentage we use to calculate your payment. You will always be able to choose between Lifetime Income Percentages for the Level Income and Increasing Income payment options. If there are two Eligible Person(s) who both
            meet the exercise age requirements, you will also be able to choose between Lifetime Income Percentages for single and joint payments. If both Eligible Persons are also Owners, you will also be able to choose between single Lifetime Income
            Percentages based on each Eligible Person. The Lifetime Income Percentages available before the Income Benefit Date are displayed on the Index Options Statement. During the Income Period this statement will show the annual maximum Income
            Payment available for the next year. The annual maximum Income Payment displayed for the Level Income payout option will reflect the Level Income Guarantee Payment Percentage if this calculation results in a greater payment and you meet the age
            requirements stated in section 9, Calculating Your Income Payments.
There are restrictions on which Eligible Person can become a
            Covered Person if you select single Income Payments, and joint Income Payments may not be available if the age difference between spouses is too great, as stated in section 2, Eligible Person(s) and Covered Person(s).
Income Payments are not available until the Index Anniversary
            that occurs on or after the Income Payment waiting period (which is stated in the Income Benefit Supplement) expires and the Eligible Person(s) reaches age 50. Income Payments must begin no later than age 100.
If you do not begin Income Payments during the eligibility period, the Income Benefit ends and you will have paid for the benefit without receiving any of its advantages. In addition, before the
              Income Period you are paying for a benefit that you are not currently using.
You choose your Income Payment frequency and amount subject to
            the annual maximum permitted payment. The payment option (Level Income or Increasing Income) you select determines how and when your annual maximum Income Payment will increase from one Income Benefit Anniversary to the next as described in
            section 9, Income Benefits - Automatic Annual Income Payment Increases. An
Income Benefit Anniversary
is a twelve-month anniversary of the Income Benefit Date that Income Payments begin.
Once established, the annual maximum Income Payment can only
            decrease if you take an Excess Withdrawal. An
Excess Withdrawal
is the amount of any withdrawal you take while you are receiving Income Payments that, when added to other withdrawals (including your
            scheduled Income Payments) taken during the Income Benefit Year, is greater than your annual maximum permitted Income Payment.  An
Income Benefit Year
is a period of twelve months beginning on the Income
            Benefit Date or any subsequent Income Benefit Anniversary.
Taking Excess
Withdrawals
can cause your Income Payments and Contract to end prematurely.
•
YOU SHOULD NOT PURCHASE THIS CONTRACT WITHOUT FIRST OBTAINING THE CURRENT INCOME BENEFIT SUPPLEMENT.
We publish any changes to the Income Benefit
                      Supplement at least seven calendar days before they take effect on our website at www.allianzlife.com/indexincomerates
.
•
Income

                      Payments are based on Contract Value, not a guaranteed value
. Decreases in Contract Value due to negative Index performance during the Accumulation Phase up to and including the Income Benefit Date, deductions for Contract fees
                    and expenses, and withdrawals, also decrease the Income Payment amount available to you.
•
Please discuss the Income Benefit's appropriateness with your Financial Professional and tax adviser
.
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What Happens During the Income Period?
•
You
                    will receive Income Payments as long as a Covered Person is alive and continues to meet the requirements stated in section 2. However,
Income Payments and the Income Benefit may end prematurely if you:
–
change
                    the Owner(s) or Beneficiary and all Covered Persons are removed from the Contract because they no longer meet the requirements stated in section 2,
–
take
                    Excess Withdrawals, or
–
you annuitize your Contract. However,
we can convert your Income Payment to Annuity Payments as described in section 8, The Annuity Phase – When Annuity Payments Begin.
•
If you
                    begin Income Payments before age 59
1
⁄
2
, the payments will generally be subject to a 10%
                    additional federal tax.
•
Any
                    part of your annual maximum Income Payment that you do not withdraw in a given Income Benefit Year remains in your Contract for the remainder of that year, but is not added to the annual maximum payment available next year.
•
Excess
                    Withdrawals reduce your annual maximum Income Payment by the percentage of Contract Value withdrawn (including any withdrawal charge) on the next Income Benefit Anniversary.
•
You
                    cannot make additional Purchase Payments and any active automatic investment plan ends. If your Contract includes the Traditional Death Benefit your Guaranteed Death Benefit Value no longer increases.
•
The
                    Contract Value continues to fluctuate as a result of Index Option performance. However, only the Index Protection Strategy with DPSC and Index Protection Strategy with Cap are available to you. This may limit your Contract's performance
                    potential, and if your Contract includes the Maximum Anniversary Value Death Benefit, this may also limit your Guaranteed Death Benefit Value.
•
The
                    Contract Value decreases on a dollar for dollar basis with each Income Payment, Excess Withdrawal, and any Contract expenses we deduct. If your Contract includes the Maximum Anniversary Value Death Benefit, this also reduces the
                    likelihood of locking in investment gains to your Guaranteed Death Benefit Value.
•
Each
                    Income Payment and any Excess Withdrawal also reduces your Guaranteed Death Benefit Value by the percentage of Contract Value withdrawn (including any withdrawal charge)
, which means
                      this value may be reduced by more than the amount withdrawn
.
•
The
                    Income Benefit rider fee continues until the Business Day the Contract Value reduces to zero, you annuitize the Contract, or the Income Benefit ends.
•
If your
                    Contract also includes the Maximum Anniversary Value Death Benefit, its rider fee continues as indicated in section 6, Expenses.
•
The
                    free withdrawal privilege is no longer available and any systematic withdrawal program ends.
•
If your Contract Value reduces to zero during the Income Period for any reason other than an Excess Withdrawal or annuitization that does not convert your Income Payments to Annuity Payments, you will
                    continue to receive your maximum available Income Payment at the previous selected payment frequency until the earlier of the death of the Owner or last surviving Covered Person.
An example of the effect of an Excess Withdrawal on the Guaranteed
            Death Benefit Value and the annual maximum Income Payment is included in section 9, Income Benefit – Excess Withdrawals.
Risk Factors
The Contract involves certain risks that you should understand
            before purchasing. You should carefully consider your income needs and risk tolerance to determine whether the Contract is appropriate for you. The level of risk you bear and your potential investment performance will differ depending on the
            Index Options you choose.
Liquidity Risks
We designed the Contract to be a long-term investment that you
            can use to help build and provide income for retirement. The Contract is not suitable for short-term investment.
If you need to take assets from your Contract during the
            withdrawal charge period, we deduct a withdrawal charge unless the withdrawal is a Penalty-Free Withdrawal. While Penalty-Free Withdrawals provide some liquidity, they are permitted in only limited amounts or in special circumstances. If you
            need to withdraw most or all of your Contract Value in a short period, you may exceed the Penalty-Free Withdrawal amounts available to you and incur withdrawal charges. (For more information on the withdrawal charge, see the Fee Tables and
            section 6, Expenses – Withdrawal Charge.)
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We calculate the withdrawal charge as a percentage of your
            Purchase Payments, not Contract Value. Consequently, if the Contract Value has declined since you made a Purchase Payment, it is possible the percentage of Contract Value withdrawn to cover the withdrawal charge would be greater than the
            withdrawal charge percentage. For example, assume you buy the Contract with a single Purchase Payment of $1,000. If your Contract Value in the 5th year is $800 and you take a full withdrawal a 5% withdrawal charge applies. The total withdrawal
            charge would be $50 (5% of $1,000). This results in you receiving $750.
In addition, upon a full withdrawal we assess a withdrawal charge
            against Purchase Payments that are still within their withdrawal charge period and were previously withdrawn as a Penalty-Free Withdrawal.
This means that upon a full withdrawal, we may assess a withdrawal
              charge on more than the amount withdrawn. In addition, if the Contract Value has declined due to poor performance, the withdrawal charge may be greater than the total Contract Value and you will not receive any money.
Amounts withdrawn from this Contract may also be subject to a 10%
            additional federal tax if taken before age 59
1
⁄
2
.
We only apply Credits to the Index Options once each Term on the
            Term End Date, rather than on a daily basis. In the interim, we calculate Index Option Values based on the Daily Adjustment for each Index Option with the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy. However,
            Daily Adjustments do not apply to any Index Option with the Index Protection Strategy with DPSC or Index Protection Strategy with Cap. Any assets removed from an Index Option during the Term for withdrawals you take (including Income Payments),
            Annuity Payments, or Contract fees and expenses we deduct, or to amounts you choose to have us withdraw to pay financial adviser fees from this Contract, or if we pay a death benefit, will not be eligible to receive a Credit on the Term End
            Date. These removed assets will not receive the full benefit of the Index Value and Index Return that would have been available on the Term End Date, or the full benefit of any Buffer or Floor. You will receive a Credit only on the Index Option
            Value remaining in an Index Option on the Term End Date.
You may transfer Index Option Values among the Index Options only
            on the Term End Date. At other times, you can only move assets out of an Index Option by taking partial withdrawals, surrendering the Contract, or entering the Annuity Phase. Additionally, you can transfer assets out of a 3-year or 6-year Term
            Index Option before the Term End Date by executing a Performance Lock on or before the second Index Anniversary of a 3-year Term, or on or before the fifth Index Anniversary of a 6-year Term. These restrictions may limit your ability to react
            to changes in market conditions. You should consider whether investing in an Index Option is consistent with your financial needs.
Income Benefit Risks
The Income Benefit is automatically included in the Contract for
            an additional rider fee, but you can remove it after three years if Income Payments have not begun.
If you remove the Income Benefit you will have paid for the benefit without receiving any of
              its advantages.
We generally base Income Payments on the Lifetime Income
            Percentage you select and your Contract Value,
not a guaranteed value.
Decreases in Contract Value due to negative Index performance during the Accumulation Phase up to and including the
            Income Benefit Date, deductions for Contract fees and expenses, and withdrawals, also decrease the Income Payment amount available to you.
If you choose the Level Income payout option and meet the age
            requirements stated in section 9, Calculating Your Income Payments, your initial annual maximum Income Payment will not be less than the Level Income Guarantee Payment Percentage multiplied by your total Purchase Payments adjusted for
            withdrawals. However, the Level Income Guarantee Payment Percentage is not available to you under the Level Income payment option if you do not meet the age requirements stated in section 9, or if you choose Increasing Income payment option.
Income Payments made while your Contract Value is positive are a
            withdrawal of your own assets and reduce your Contract Value. If your Contract Value remains above zero when the Income Payments end, you may not realize a benefit from the Income Benefit; the chances of your Contract Value being reduced to
            zero may be minimal.
We also base Income Payments on the Eligible Person(s) that we
            establish at issue. If you change Owners or Beneficiary(s), we may remove an Eligible Person or Covered Person as stated in section 2,
which may cause Income Payments to be unavailable or end
              prematurely.
We use the age of the Eligible Person(s) to determine the Income
            Percentage(s) and Income Percentage Increases. Income Percentage Increases are not available until age 45. This means if an Eligible Person is younger than age 44 on the Issue Date,
you will
              not receive an increase to a Lifetime Income Percentage based on that Eligible Person until the Index
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Anniversary that the Eligible Person (or younger Eligible Person for joint payments)
            reaches age 45, and you will pay a rider fee during the period you are not eligible for an Income Percentage Increase.
The eligibility period to begin Income Payments is subject to a
            waiting period and both a minimum and maximum age requirement for the Eligible Person(s). For single Income Payments we only allow an Eligible Person who is an Owner to become a Covered Person, and joint Income Payments may not be available if
            the age difference between spouses is too great, as stated in section 2, Eligible Person(s) and Covered Person(s).
If you do not begin Income Payments during the eligibility period, the Income
              Benefit ends and you will have paid for the benefit without receiving any of its advantages.
In addition, if you have Contract Value in a 3-year or 6-year
            Term Index Option when you begin Income Payments and the Income Benefit Date is not a Term End Date, we will execute a Performance Lock for that Index Option if it is not locked and then immediately calculate and begin your Income Payments.
The initial annual maximum Income Payment available to you must
            be at least $100. If your Contract Value on the Income Benefit Date is reduced and this $100 minimum cannot be met,
the Income Benefit ends and you will have paid for the benefit without
              receiving any of its advantages. Income Payments and the Income Benefit may also end prematurely if you take Excess Withdrawals, or you annuitize the Contract.
However, we can convert your Income Payment to Annuity Payments as
            described in section 8, The Annuity Phase – When Annuity Payments Begin.
For more information on the Income Benefit and Income Payments,
            see "How Does the Income Benefit Work?" and "What Happens During the Income Period?" in the Summary; and section 9.
Risk of Change to the Income Benefit Supplement Prior to the
            Issue Date
The Income Payment waiting period and the table showing the
            Income Percentages and Income Percentage Increases for your Contract and are stated in the Income Benefit Supplement that is in effect on the date you sign your application. We send you a copy of the Income Benefit Supplement when we issue the
            Contract. We cannot change these terms for your Contract once they are established. We publish any changes to these terms in an amended Income Benefit Supplement at least seven calendar days before they take effect on our website at
            www.allianzlife.com/indexincomerates. The amended Income Benefit Supplement is also filed on EDGAR at www.sec.gov under Form S-1 File Number 333-230901. You can contact us to receive the Income Benefit Supplement applicable to your Contract by
            calling our Service Center at the toll-free telephone number listed at the back of this prospectus.
You can find historical Income Benefit Supplement values in
            Appendix F for benefits issued before April 30, 2021..
Risks of Investing in Securities
Returns on securities and securities Indexes can vary
            substantially, which may result in investment losses. The historical performance of the available Index Options and the AZL Government Money Market Fund does not guarantee future results. It is impossible to predict whether underlying
            investment values will fall or rise. Trading prices of the securities underlying the Index Options and the AZL Government Money Market Fund are influenced by economic, financial, regulatory, geographic, judicial, political and other complex and
            interrelated factors. These factors can affect capital markets generally and markets on which the underlying securities are traded and these factors can influence the performance of the underlying securities.
Index Option returns depend on the performance of an Index
            although you are not directly invested in the Index. Because the S&P 500
®
Index, Russell 2000
®
Index, Nasdaq-100
®
Index, EURO STOXX 50
®
and iShares
®
MSCI Emerging Markets ETF are each
            comprised of a collection of equity securities, in each case the value of the component securities is subject to market risk, or the risk that market fluctuations may cause the value of the component securities to go up or down, sometimes
            rapidly and unpredictably. In addition, the value of equity securities may decline for reasons directly related to the issuers of the securities.
S&P 500
®
Index
. The S&P 500
®
Index is comprised of equity securities issued by large-capitalization U.S. companies. In general, large-capitalization companies may be unable to respond quickly to new competitive challenges, and also may not be able to attain the high
              growth rate of successful smaller companies.
Russell 2000
®
Index
. The Russell 2000
®
Index is comprised of equity securities of small-capitalization U.S. companies. In general, the securities of small-capitalization companies may be more volatile and may involve more risk than the securities of larger companies.
Nasdaq-100
®
Index
. The Nasdaq-100
®
Index is comprised of equity securities of the largest U.S. and non-U.S. companies listed on The Nasdaq Stock Market, including companies across all major industry groups except the financial industry. To
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the extent that the Nasdaq-100
®
Index is comprised of securities issued by companies in a particular sector, that company's securities may not perform as well as companies in other
            sectors or the market as a whole. Also, any component securities issued by non-U.S. companies (including related depositary receipts) are subject to the risks related to investments in foreign markets (e.g., increased price volatility; changing
            currency exchange rates; and greater political, regulatory, and economic uncertainty).
EURO STOXX 50
®
. EURO STOXX 50
®
is
              comprised of the equity securities of large-capitalization companies in the Eurozone. The securities comprising EURO STOXX 50
®
are subject to the
              risks related to investments in foreign markets (e.g., increased price volatility; changing currency exchange rates; and greater political, regulatory, and economic uncertainty), and are significantly affected by the European markets and
              actions of the European Union.
iShares
®
MSCI Emerging Markets ETF
. The iShares
®
MSCI Emerging Markets ETF seeks to track the investment results of the MSCI Emerging Markets Index, which is designed to measure equity market
              performance in the global emerging markets. The underlying index may include large-and mid-capitalization companies. iShares
®
MSCI Emerging
              Markets ETF is an exchange-traded fund. The performance of the iShares
®
MSCI Emerging Markets ETF may not replicate the performance of, and may
              underperform the underlying index. The price of the iShares
®
MSCI Emerging Markets ETF will reflect expenses and fees that will reduce its
              relative performance. Moreover, it is also possible that the iShares
®
MSCI Emerging Markets ETF may not fully replicate or may, in certain
              circumstances, diverge significantly from the performance of the underlying index.
The COVID-19 pandemic has at times led to significant volatility and negative returns in the financial markets. These market conditions have impacted the
                    performance of the Indexes to which the Index Options are linked, as well as securities held by the AZL Government Money Market Fund. If these market conditions continue or reoccur, and depending on your individual circumstances (
e.g.
, your selected Index Options and the timing of any Purchase Payments, transfers, or withdrawals), you may experience (perhaps significant) negative returns under the Contract. The COVID-19
                    pandemic and other market factors have resulted in an abnormally low interest rate environment, in which certain rates have gone negative. This low level of rates can affect the returns of an Index, the level of DPSCs, Precision Rates,
                    Caps, and Participation Rates, and other product features, and the performance of your Contract. The duration of the COVID-19 pandemic, and the future impact that the pandemic may have on the financial markets and global economy, cannot
                    be foreseen. You should consult with a Financial Professional about how the COVID-19 pandemic and the recent market conditions may impact your future investment decisions related to the Contract, such as purchasing the Contract or
                    making Purchase Payments, transfers, or withdrawals, based on your individual circumstances.
Risk of Negative Returns
The AZL Government Money Market Fund does not provide any
            protection against negative returns.
You can lose principal and previous earnings for Purchase Payments held in the AZL Government Money Market Fund and such losses could be significant.
If you allocate Purchase Payments or transfer Contract Value to
            an Index Option with the Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy, negative Index Returns may cause Performance Credits to be either negative after application of the Buffer or negative down to the amount of
            the Floor. For the Index Performance Strategy, we apply the Buffer for the entire Term length; we do not apply the Buffer annually on a 3-year or 6-year Term Index Option. Ongoing Contract fees and expenses (including withdrawal charges) could
            also cause amounts available for withdrawal to be less than what you invested even if Index performance has been positive.
You can lose principal and previous earnings if you allocate Purchase
              Payments or transfer Contract Value to the Index Options with the Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy, and such losses could be significant. If you allocate Purchase Payments or transfer Contract
              Value to the Index Options with the Index Protection Strategy with DPSC or Index Protection Strategy with Cap you can also lose principal and previous earnings if you do not receive the DPSC or Protection Credit, or if the Contract fees and
              expenses are greater than the DPSC or Protection Credit.
If you select an Index Option with the Index Precision Strategy,
            Index Guard Strategy, or Index Performance Strategy, we calculate Index Options Values for these Index Options on each Business Day during a Term (other than the Term Start Date or Term End Date) by adding the Daily Adjustment. The Daily
            Adjustment affects the total Contract Value available for withdrawal, annuitization, and death benefits, and it affects how we determine the contract maintenance charge and Charge Base for the product and rider fees. The Daily Adjustment can be
            less than the Precision Rate or Cap even if the current Index return during the Term is greater than the Precision Rate or Cap. In addition, even though the current Index return during the Term may be positive, the Daily Adjustment  for each
            Index Option with the Index Precision Strategy,
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Index Guard Strategy, and Index Performance Strategy may be negative due to
            changes in Proxy Value inputs, such as volatility, dividend yield, and interest rate. The Daily Adjustment is generally negatively affected by:
•
interest
                    rate decreases,
•
dividend
                    rate increases,
•
poor
                    market performance, and
•
the expected volatility of Index prices. Increases in the expected volatility of Index prices negatively affect the Index Precision Strategy and Index Performance Strategy with 1-year Terms, while
                    decreases in the expected volatility of Index prices negatively affect the Index Guard Strategy. For the Index Performance Strategy with 3-year and 6-year Terms, and Index Protection Strategy with Cap, the impact of changes in the
                    expected volatility of Index prices is dependent on the market environment and the applicable Caps and Participation Rates. For the Index Protection Strategy with DPSC, the impact of changes in the expected volatility of Index prices is
                    dependent on the market environment.
The Daily Adjustment for 3-year and 6-year Term Index Options may
            be more negatively impacted by changes to interest rates, dividend rates, market performance and the expected volatility of Index prices than 1-year Term Index Options because the longer Term length amplifies the impact of these market
            parameters on the expected Index Option Value at the Term End Date. The impact of the Cap and Buffer on the Daily Adjustment for a 1-year Term Index Option is greater than it is for a 3-year or 6-year Term Index Option because we apply the Cap
            and Buffer for the entire Term length, and the Term length is shorter for a 1-year Term. In addition, 3-year and 6-year Term Index Options with a Participation Rate above 100% may also have larger fluctuations in the Daily Adjustment than Index
            Options either without a Participation Rate, or with a Participation Rate equal to 100%.
If you take a withdrawal from an Index Option with the Index
            Precision Strategy, Index Guard Strategy, or Index Performance Strategy before the Term End Date,
you could lose principal and previous earnings because of the Daily Adjustment
even if Index performance is positive on that day or has been positive since the Term Start Date
. If the current Index return during the Term is negative, the
              Daily Adjustment for these Index Options could result in losses greater than the protection provided by the Buffer or Floor.
Risks Associated with Calculation of Credits
We calculate Credits each Term on the Term End Date. Because we
            calculate Index Returns only on a single date in time, you may experience negative or flat performance even though the Index you selected for a given Crediting Method experienced gains through some, or most, of the Term. If you allocate
            Purchase Payments or transfer Contract Value to the Index Options with Index Protection Strategy with DPSC or Index Protection Strategy with Cap, positive returns are limited by the DPSCs and Caps. You are not subject, however, to potential
            negative Credits. The Precision Rates on the Index Options with Index Precision Strategy, and the Caps on the Index Options with Index Guard Strategy and Index Performance Strategy also limit positive returns and could cause performance to be
            lower than it would otherwise have been if you invested in a mutual fund or exchange-traded fund designed to track the performance of the applicable Index. For the Index Performance Strategy, we apply the Cap and any Participation Rate for the
            entire Term length; we do
not
apply the Cap and any Participation Rate annually on a 3-year or 6-year Term Index Option.
The Index Options do not directly participate in the returns of
            the Indexes or the Indexes' component securities, and do not receive any dividends payable on these securities. Index returns would be higher if they included the dividends from the component securities. The past ten years of actual average of
            the annual Index returns without and with dividends would have been as follows:
January 1, 2011 through December 31, 2020
S&P 500
®
Index
Nasdaq-100
®
Index
Russell 2000
®
Index
EURO
STOXX 50
®
iShares
®
MSCI
Emerging Markets ETF
Returns without dividends
12.15%
20.28%
10.65%
3.22%
2.27%
Returns with dividends
14.45%
21.66%
12.17%
7.09%
4.38%
DPSCs, Precision Rates, Caps, and Participation Rates may be
            adjusted on the next Term Start Date and may vary significantly from Term to Term. Changes to DPSCs, Precision Rates, Caps, and Participation Rates may significantly affect the amount of Credit you receive. For more information, see the
            "Changes to Declared Protection Strategy Credits (DPSCs), Precision Rates, Caps, Participation Rates, Buffers, and Floors" discussion later in this section.
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The Crediting Methods only capture Index Values on the Term Start
            Date and Term End Date, so you will bear the risk that the Index Value might be abnormally low on these days.
Risks Associated with Performance Locks
If a Performance Lock is executed:
•
You
                    will no longer participate in Index performance, positive or negative, for the remainder of the Index Year for the locked Index Option. This means that under no circumstances will your Index Option Value increase during the remainder of
                    the Index Year.
•
You
                    will not receive a Performance Credit on any locked Index Option on the Term End Date.
•
We use
                    the Daily Adjustment calculated at the end of the
current
Business Day on the Lock Date to determine your locked Index Option Value. This means you will not be able to
                    determine in advance your locked Index Option Value, and it may be higher or lower than it was at the point in time you requested a manual Performance Lock, or that your Index Option reached its target for an automatic Performance Lock.
•
If a
                    Performance Lock is executed when your Daily Adjustment has declined, you will lock in any loss. It is possible that you would have realized less of a loss or no loss if the Performance Lock occurred at a later time, or if the Index
                    Option was not locked.
•
We will not provide advice or notify you regarding whether you should exercise a Performance Lock or the optimal time for doing so. We will not warn you if you exercise a Performance Lock at a
                    sub-optimal time. We are not responsible for any losses related to your decision whether or not to exercise a Performance Lock.
Substitution of an Index
There is no guarantee that the Indexes will be available during
            the entire time that you own your Contract. If we substitute a new Index for an existing Index, the performance of the new Index may be different and this may affect your ability to receive positive Credits. We may substitute a new Index for an
            existing Index if:
•
the
                    Index is discontinued,
•
we are
                    unable to use the Index because, for example, changes to an Index make it impractical or expensive to purchase derivative hedging instruments to hedge the Index, or we are not licensed to use the Index, or
•
the method of calculation of the Index Values changes substantially, resulting in significantly different Index Values and performance results. This could occur, for example, if an Index altered the
                    types of securities tracked, or the weighting of different categories of securities.
If we add or substitute an Index, we first seek any required
            regulatory approval (from each applicable state insurance regulator) and then provide you with written notice. We also provide you with written notice if an Index changes its name. Substitutions of an Index may occur during a Term. If we
            substitute an Index during a Term we will combine the return of the replaced existing Index from the Term Start Date to the substitution date with the return of the new Index from the substitution date to the Term End Date. If we substitute an
            Index during a Term:
•
we do
not
change the Charge Base we use to calculate the product and rider fees, and
•
the Buffers, Floors, DPSCs, Precision Rates, Caps, and Participation Rates for the replaced Index will apply to the new Index. We do
not
change the Buffers and Floors applicable to your Contract, or the current DPSCs, Precision Rates, Caps, and Participation Rates that we set on the Term Start Date.
Changes to DPSCs, Precision Rates, Caps, and Participation Rates
            associated with the new Index, if any, may occur at the next regularly scheduled Term Start Date. Depending on the constitution of the replaced Index, the volatility of its investments, and our ability to hedge the Index's performance, we may
            determine, in our discretion, to increase or decrease renewal DPSCs, Precision Rates, Caps, and Participation Rates associated with the new Index. However, we would not implement any change to reflect this difference until the next Term Start
            Date after the substitution. For any Index Option with the Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy, the substitution of an Index during a Term may result in an abnormally large change in the Daily
            Adjustment on the day we substitute the Index.
The selection of a substitution Index is in our discretion;
            however, it is anticipated that any substitute Index will be substantially similar to the Index it is replacing and we will replace any equity Index with a broad-based equity index.
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Changes to Declared Protection Strategy Credits (DPSCs),
            Precision Rates, Caps, Participation Rates, Buffers, and Floors
We establish Buffers, Floors, and initial and renewal DPSCs,
            Precision Rates, Caps, and Participation Rates as indicated under "When Does Allianz Establish the Values Used to Determine Index Credits?" in the Summary section. This section also includes information on where to find information on initial
            and renewal DPSCs, Precision Rates, Caps, and Participation Rates, and the notice we provide you of renewal changes on each Index Anniversary.
On each Term End Date you have the option of remaining allocated
            to your current Index Options at the renewal DPSCs, Precision Rates, Caps, and Participation Rates that we set on the next Term Start Date, or transferring to another permitted Index Option. If you do not review renewal change information when
            it is published, or take no action to transfer to another permitted Index Option, you will remain allocated to your current Index Options and will automatically become subject to the renewal DPSCs, Precision Rates, Caps, and Participation Rates
            until the next Term End Date.
You risk the possibility that the renewal DPSCs, Precision Rates,
            Caps, and Participation Rates you receive may be less than you would find acceptable. If you do not find the renewal rates acceptable, you must give us transfer instructions no later than the close of the Business Day on the Term End Date (or
            the next Business Day if the Term End Date is a non-Business Day) or you will be subject to these renewal DPSCs, Precision Rates, Caps, and Participation Rates for the next Term. When your renewal rates change the only option available to you
            is to transfer Index Option Value between Index Options.
Initial and renewal DPSCs, Precision Rates, Caps, and
            Participation Rates may vary significantly depending upon a variety of factors, including:
•
market
                    volatility,
•
our
                    hedging strategies and investment performance,
•
the
                    availability of hedging instruments,
•
the
                    amount of money available to us through Contract fees and expenses to purchase hedging instruments,
•
your
                    Index Effective Date,
•
the
                    level of interest rates,
•
utilization
                    of Contract benefits by Owners, and
•
our profitability goals.
The effect of a change in interest rates or other market
            conditions may not be direct or immediate. There may be a lag in changes to DPSCs, Precision Rates, Caps, and Participation Rates. In a rising interest rate environment, increases in DPSCs, Precision Rates, Caps, and Participation Rates, if
            any, may be substantially slower than increases in interest rates.
We manage our obligation to provide Credits in part by trading
            call and put options, and other derivatives on the available Indexes. The costs of the call and put options and other derivatives vary based on market conditions, and we may adjust future renewal DPSCs, Precision Rates, Caps, and Participation
            Rates to reflect these cost changes. The primary factor affecting the differences in the initial DPSCs, Precision Rates, Caps, and Participation Rates for newly issued Contracts and renewal rates for existing Contracts is the difference in what
            we can earn from these investments for newly issued Contracts versus what we are earning on the investments that were made, and are being held to maturity, for existing Contracts. In some instances we may need to reduce both initial and renewal
            DPSCs, Precision Rates, Caps, and Participation Rates, or we may need to substitute an Index. You bear the risk that we may reduce DPSCs, Precision Rates, Caps, and Participation Rates, which reduces your opportunity to receive positive
            Credits. You also bear the risk that the Buffers and Floors for your Contract are small, which increases the risk that you could receive negative Performance Credits and incur losses.
Investment in Derivative Hedging Instruments
The Index Options are supported by bonds and other fixed income
            securities which are also used to support the Contract guarantees, cash, and derivative hedging instruments used to hedge the movements of the applicable Index.
At Contract issue, we invest a substantial majority of the
            initial Contract Value in fixed income securities, with most of the remainder invested in derivative hedging instruments. The derivative hedging instruments are purchased to track and hedge Index movements and support our obligations with
            regard to the Index Options. The derivative hedging instruments we purchase include put options, call options, futures, swaps, and other derivatives.
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We currently limit our purchase of derivative hedging instruments
            to liquid securities. However, like many types of derivative hedging instruments, these securities may be volatile and their price may vary substantially. In addition, because we pay Credits regardless of the performance of derivative hedging
            instruments we purchase, we may incur losses on hedging mismatches or errors in hedging. Our experience with hedging securities may affect renewal DPSCs, Precision Rates, Caps, and Participation Rates for existing Contracts.
Our Financial Strength and Claims-Paying Ability
We make Income Payments, Annuity Payments, and pay death benefits
            from our general account. Our general account assets are subject to claims by our creditors, and any payment we make from our general account is subject to our financial strength and claims-paying ability. We apply Credits from an unregistered,
            non-unitized, non-insulated separate account (
Separate Account IANA
). Like our general account, the assets in Separate Account IANA are subject to our general business operation liabilities and the claims
            of our creditors. For more information on Separate Account IANA, see section 12, Other Information – Our Unregistered Separate Account.
As a result of the COVID-19 pandemic, economic uncertainties have arisen which could negatively impact Allianz Life's net income and surplus. The extent to which
                    the COVID-19 pandemic impacts our business (including our ability to timely process applications or claims), net income, and surplus, as well as our capital and liquidity position, will depend on future developments, which are highly
                    uncertain and cannot be estimated, including the scope and duration of the pandemic and actions taken by governmental authorities and other third parties in response to the pandemic.
Regulatory Protections
Allianz Life is not an investment company and therefore we are
            not registered as an investment company under the Investment Company Act of 1940, as amended, and the protections provided by this Act are not applicable to the guarantees we provide. The Separate Account is, however, registered as an
            investment company. Any allocations you make to an Index Option are not part of the Separate Account. Allianz Life is not an investment adviser and so is not subject to the Investment Advisers Act of 1940, and does not provide investment advice
            to you in connection with your Contract.
Your Contract is registered in accordance with the Securities Act
            of 1933 and the offering of the Contract must be conducted in accordance with the requirements of this Act. In addition, the offer and sale of the Contract is subject to the provisions of the Securities Exchange Act of 1934.
The Contract is filed with and approved by each state in which
            the Contract is offered. State insurance laws provide a variety of regulatory protections.
Fee Tables
These tables describe the fees and expenses you pay when
            purchasing, owning and taking a withdrawal from the Contract. For more information, see section 6, Expenses. These tables do not reflect any financial adviser fees that you pay from your other assets, or that you choose to have us pay from this
            Contract. If financial adviser fees were reflected, fees and expenses would be higher.
Owner Transaction Expenses
Withdrawal Charge During Your Contract's First Phase, the Accumulation
            Phase
(1)
(as a percentage of each Purchase Payment withdrawn)
(2)
Number of Complete
Years Since
Purchase Payment
Withdrawal Charge
Amount
0
8.5%
1
8%
2
7%
3
6%
4
5%
5
4%
6 years or more
0%
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Premium Tax
(3)
3.5%
(as a percentage of each Purchase Payment)
Owner Periodic Expenses
Contract Maintenance Charge
(4)
$50
(per Contract per year)
(1)
The
                    Contract provides a free withdrawal privilege  before the Income Period that allows you to withdraw 10% of your total Purchase Payments annually without incurring a withdrawal charge, as discussed in section 7, Access to Your Money –
                    Free Withdrawal Privilege.
(2)
The
                    Withdrawal Charge Basis is the total amount under your Contract that is subject to a withdrawal charge, as discussed in section 6, Expenses – Withdrawal Charge.
(3)
Not
                    currently deducted, but we reserve the right to do so in the future. This is the maximum charge we could deduct if we exercise this right, as discussed in section 6, Expenses – Premium Tax.
(4)
Waived if the Contract Value is at least $100,000, as discussed in section 6, Expenses – Contract Maintenance Charge.
Contract Annual Expenses
Annual Contract Fees
(5)
(as a percentage of the Charge Base)
Product Fee
1.25%
Rider Fee for the Income Benefit
0.70%
Rider Fee for the optional Maximum Anniversary Value Death Benefit
0.20%
Total Contract Fees for Contracts with the Income Benefit and optional Maximum Anniversary Value Death Benefit
2.15%
(5)
We
                    assess the product and rider fees during the Accumulation Phase (and Income Period, if applicable), but we do not assess the product or rider fees during the Annuity Phase. See section 6, Expenses – Annual Contract Fees: Product and
                    Rider Fees.
Annual Operating Expenses of the AZL Government Money Market Fund
The table below describes in detail the total annual operating
            expenses of the AZL Government Money Market Fund before fee waivers and/or expense reimbursements. We show the expenses as a percentage of the AZL Government Money Market Fund's average daily net assets for the most recent fiscal year ended
            December 31, 2020. Expenses may vary in current and future years. See the AZL Government Money Market Fund's prospectus for further information regarding the expenses you may expect to pay.
The Index Options do not assess any separate operating expenses,
            and are not included in the following table.
Management
fees
Rule 12b-1
fees
Other
expenses
Acquired fund
fees and expenses
Total annual fund operating
expenses before fee
waivers and/or expense
reimbursements
BLACKROCK
AZL Government Money Market Fund
.35
.25
.06
–
.66
Examples
These examples are intended to help you compare the cost of
            investing in this Contract with the costs of other variable annuity contracts. These examples assume you make a $10,000 investment and the AZL Government Money Market Fund earns a 5% annual return. These examples use the AZL Government Money
            Market Fund even though you cannot allocate Purchase Payments directly to the fund. The AZL Government Money Market Fund holds your Purchase Payments before they are transferred to the Index Options on the Index Effective or the next Index
            Anniversary. These examples are not a representation of past or future expenses. Your Contract expenses may be more or less than the examples below, depending on whether and when you take withdrawals. These examples do not reflect any financial
            adviser fees that you pay from your other assets, or that you choose to have us pay from this Contract. If financial adviser fees were reflected, costs would be higher.
We deduct the $50 contract maintenance charge in the examples on
            each Contract Anniversary during the Accumulation Phase (or the next Business Day if the Contract Anniversary is a non-Business Day). We may waive this charge under certain circumstances, as described in section 6, Expenses – Contract
            Maintenance Charge. During the Annuity Phase, we deduct the contract maintenance charge proportionately from each Annuity Payment. We deduct the annual Contract fees (maximum charge of 1.25% product fee, 0.70% rider fee for the Income Benefit,
            and a 0.20% rider fee for the optional
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Maximum Anniversary Value Death Benefit) in the examples on each Quarterly
            Contract Anniversary during the Accumulation Phase, as described in section 6, Expenses – Annual Contract Fees: Product and Rider Fees.
0.66%  total annual operating expenses for the AZL Government Money Market Fund before any fee waivers or expense reimbursements:
1 Year
3 Years
5 Years
10 Years
• If you surrender your Contract (take a full withdrawal) at the end of each time period.
$1,182
$1,719
$2,237
$3,679
• If you annuitize your Contract and begin Annuity Payments at the end of each time period. The earliest available Annuity Date (the date we begin making Annuity
                    Payments) is two years after the Issue Date.
N/A
$1,019
$1,737
$3,679
• If you do not surrender your Contract.
$332
$1,019
$1,737
$3,679
Condensed Financial Information
The statutory financial statements of Allianz Life Insurance
            Company of North America are included in Appendix I of this prospectus. The financial statements of Allianz Life Variable Account B are included in Appendix B of the Form N-4 SAI.
Accumulation unit value (AUV) information for the subaccount
            offered under the Contract offered by this prospectus, as of December 31, 2020, is listed in the table below. This information should be read in conjunction with the financial statements and related notes of the Separate Account included in
            Appendix B of the SAI.
(Number of accumulation units in thousands)
Period or Year Ended
AUV at Beginning of Period
AUV at End of Period
Number of Accumulation Units
Outstanding at End of Period
AZL Government Money Market Fund
12/31/2018
N/A
12.893
375.00
12/31/2019
12.893
13.072
3867.00
12/31/2020
13.072
13.099
8622.00
1.
The
              Contract
An annuity is a contract between you as the Owner, and an
            insurance company (in this case Allianz Life), where you make payments to us and we invest that money in the Index Options you select. The AZL Government Money Market Fund holds the money you invest before it is transferred to the Index
            Options. Depending on market conditions, your Contract may gain or lose value based on the returns of your selected Index Options and the AZL Government Money Market Fund. When you are ready to take money out, we make payments to you according
            to your instructions and any restrictions associated with the payout option you select that is described in this prospectus. Other than to add benefits that are beneficial to you, we do not make any changes to your Contract without your
            permission except as may be required by law.
The Contract has an Accumulation Phase and an Annuity Phase. If
            you begin taking Income Payments, your Contract will also have an Income Period. The Income Period occurs during the Accumulation Phase.
The
Accumulation
              Phase
is the first phase of your Contract, and it begins on the Issue Date. During the Accumulation Phase, we invest your money in the Index Options you select and the AZL Government Money Market Fund on a tax-deferred basis. Tax
            deferral means you are not taxed on any earnings or appreciation on the assets in your Contract until you take money out of your Contract. (For more information, see section 11, Taxes.)
During the Accumulation Phase you can take withdrawals (subject
            to any withdrawal charge). You can also make additional Purchase Payments  before the Income Period subject to the restrictions set out in section 3, Purchase Requirements. The Contract also offers at issue the optional Maximum Anniversary
            Value Death Benefit for an additional rider fee (see section 10) if all Owners and the Annuitant are age 75 or younger on the Issue Date. The Maximum Anniversary Value Death Benefit can only be added to a Contract at issue. The Maximum
            Anniversary Value Death Benefit potentially provides a death benefit greater than the Traditional Death Benefit based on the Maximum Anniversary Value (highest Contract Value on any Index Anniversary before age 91, adjusted for subsequent
            Purchase Payments and withdrawals).
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During the
Income
              Period
we make regular periodic Income Payments based on the life of the Covered Person(s). During the Income Period we also restrict your selection of Crediting Methods to the Index Protection Strategy with DPSC or Index Protection
            Strategy with Cap, and you cannot make additional Purchase Payments. However, unlike the Annuity Phase, you will have access to your Contract Value and death benefit for a period of time after Income Payments begin. If you do not take Income
            Payments your Contract will not have an Income Period. The Income Period ends when we make the last Income Payment. Income Payments can continue for the life of the Covered Person(s) if you do not take more than your allowed annual maximum
            payment.
If you request Annuity Payments, the Accumulation Phase and
            Income Period (if applicable) of your Contract ends and you enter the
Annuity Phase
. During the Annuity Phase we make regular fixed periodic Annuity Payments based on the life of the
            Annuitant(s), or life and term certain. We send Annuity Payments to the
Payee
(the person or entity who receives Annuity Payments during the Annuity Phase). You can choose when Annuity
            Payments begin, subject to certain restrictions. We base Annuity Payments on Contract Value and the payout rates for the Annuity Option you select. If the Annuity Date occurs during the Income Period and your Income Payments are greater than
            the Annuity Payments as calculated for certain Annuity Options, you can elect to convert to Income Payments to Annuity Payments as described in section 8 – When Annuity Payments Begin. Your Annuity Payments do not change unless an Annuitant
            dies, or we convert Income Payments made under the Increasing Income payment option to Annuity Payments. The Increasing Income payment option is discussed in section 9, Automatic Annual Income Payment Increases. The Annuity Phase ends when we
            make the last Annuity Payment under your selected Annuity Option. For more information, see section 8, The Annuity Phase.
When the Accumulation Phase Ends
The Accumulation Phase ends upon the earliest of the following.
•
The
                    Business Day we process your request for a full withdrawal.
•
The
                    Business Day before the Annuity Date.
•
Upon the death of any Owner (or the Annuitant if the Owner is a non-individual), the Business Day we first receive Valid Claim from any one Beneficiary, unless the surviving spouse/Beneficiary continues
                    the Contract. If there are multiple Beneficiaries, the remaining Contract Value continues to fluctuate with the performance of the Index Options and the AZL Government Money Market Fund until the complete distribution of the death
                    benefit. A
Valid Claim
is the documents we require to be received in Good Order at our Service Center before we pay any death claim.
Financial Adviser Fees
If you have a financial adviser and want to take a withdrawal
            from this Contract to pay your financial adviser fee, you can submit a written request to our Service Center on a form satisfactory to us. If we approve your request, we withdraw the fee and pay it to your financial adviser.
We treat this fee payment as a withdrawal which means a withdrawal charge, federal and state income taxes, and a 10% additional federal tax if you are under age 59
1
⁄
2
may apply, and the amount of
              Contract Value available for withdrawal may be affected by the Daily Adjustment
(which can be negative).
This withdrawal reduces the
            Contract Value and the amount available under the free withdrawal privilege by the amount withdrawn. It may also reduce your Contract's Guaranteed Death Benefit Value
by more than the amount
              withdrawn and these reductions could be significant.
If this is a Non-Qualified Contract, a withdrawal will be a taxable withdrawal to the extent that gain exists within the Contract. Financial adviser fees paid from an IRA Contract
            will not be treated as a taxable withdrawal as long as the annuity contract is solely liable for the payment of the financial adviser fee. You should consult a tax adviser regarding the tax treatment of financial adviser fee payments.
Please consult with your Financial Professional before requesting us to pay financial adviser fees from this Contract compared to other assets you may have.
Your financial adviser acts on your behalf, not ours. We are not
            party to any agreement between you and your financial adviser, nor are we responsible for your financial adviser's actions. We do not verify that withdrawals for financial adviser fees align with the terms of your agreement with your financial
            adviser. We do not set your financial adviser fee or receive any part of it. Any withdrawals for financial adviser fees you pay is in addition to this Contract's fees and expenses. You should ask your financial adviser about compensation they
            receive for this Contract. Allianz Life is not an investment adviser, and does not provide investment advice in connection with sales of the Contract. We are not a fiduciary to you, and do not make recommendations or assess suitability.
You can submit a written request to our Service Center on a form
            satisfactory to us to allow your financial adviser to make Index Option transfers and allocation changes on your behalf. However, we reserve the right to review a financial adviser's
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trading history before allowing him or her to make transfers. If, in our sole
            discretion, we believe the financial financial adviser's trading history indicates excessive trading, we can deny your request. If we approve it, your financial adviser is subject to the same trading restrictions that apply to Owners. We can
            deny or revoke trading authority in our sole discretion.
Financial Adviser Fee Withdrawal Example
These calculations show the effects of withdrawing financial
            adviser fees on the Contract Value and available Guaranteed Death Benefit Value. These withdrawals (including any withdrawal charges) immediately reduce the Contract Value on a dollar for dollar basis, and reduce the Guaranteed Death Benefit
            Value by the percentage of Contract Value withdrawn.
The example assumes a withdrawal of $5,000 to pay financial
            adviser fees when the Contract Value is $100,000, and the Guaranteed Death Benefit Value is $90,000 under the Traditional Death Benefit, or $105,000 under the Maximum Anniversary Value Death Benefit.
Financial Adviser Fee
Withdrawal
Contract
Value
Guaranteed Death Benefit
Value for a Contract with the
Traditional Death Benefit
Guaranteed Death Benefit Value
for a Contract with the
Maximum Anniversary Value
Death Benefit
Prior to withdrawal
$ 100,000
$ 90,000
$ 105,000
$5,000 withdrawal
– ($5,000/ 100,000)
– ($5,000/ 100,000)
x 90,000)]
x 105,000)]
– $5,000
= – $4,500
= – $5,250
After withdrawal
$ 95,000
$ 85,500
$ 99,750
When the Contract Ends
The Contract ends when:
•
all
                    applicable phases of the Contract (Accumulation Phase, Income Period and/or Annuity Phase) have ended, and/or
•
if we received a Valid Claim, all applicable death benefit payments have been made.
For example, if you take a full withdrawal of the total Contract
            Value, both the Accumulation Phase and the Contract end even though the Income Period and Annuity Phase never began and we did not make any death benefit payments.
2.
Ownership,

              Annuitant, Determining Life, Beneficiary, and Payee
Owner
The Owner designated at Contract issue has all the rights under
            the Contract. The Owner may be an individual, or a non-individual (e.g. a trust, tax-exempt entity, or corporation). Qualified Contracts and non-individually owned Contracts can only have one Owner. A
Qualified
              Contract
is purchased under a pension or retirement plan that qualifies for special tax treatment under sections of the Code.
Joint Owner
A Non-Qualified Contract can be owned by up to two individual
            Owners
(Joint Owners)
. Joint Owners must be spouses within the meaning of federal tax law. We generally require the signature of both Joint Owners on any forms that are submitted to our Service Center.
Annuitant
The Annuitant is the individual on whose life we base Annuity
            Payments. Subject to our approval, you designate an Annuitant when you purchase a Contract. For Qualified Contracts, before the Annuity Date the Owner must be the Annuitant unless the Contract is owned by a qualified plan or is part of a
            custodial arrangement. You can change the Annuitant on an individually owned Non-Qualified Contract at any time before the Annuity Date.
You cannot change the Annuitant if the Owner is a
              non-individual
. Subject to our approval, you can add a joint Annuitant on the Annuity Date. For Qualified Contracts, the ability to add a joint Annuitant is subject to any plan requirements associated with the
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Contract. For individually owned Contracts, if the Annuitant who is not an Owner
            dies before the Annuity Date, the sole Owner (or younger Joint Owner) automatically becomes the new Annuitant, but the Owner can subsequently name another Annuitant.
Designating different persons as Owner(s) and Annuitant(s) can have
            important impacts on whether a death benefit is paid, and on who receives it as indicated below
. For more examples, please see the Appendix A to the Form N-4 SAI. In order to convert Income Payments to Annuity
              Payments the Covered Person(s) must be named as the Annuitant(s) as discussed in section 8, when Annuity Payments Begin.
Designating different persons as Covered Person(s) and Annuitant(s) will cause the Income Benefit and Income
            Payments to end at the maximum permitted Annuity Date. Use care when designating Owners, Covered Person(s) and Annuitant(s), and consult your Financial Professional if you have questions
.
Upon the Death of a Sole Owner
Action if the Contract is in the Accumulation Phase
•
We pay a
                      death benefit to the Beneficiary unless the Beneficiary is the surviving spouse and continues the Contract. The Income Benefit and any Income Payments will also end unless the Beneficiary is both a surviving spouse and either an
                      Eligible Person (if Income Payments have not begun) or a Covered Person (if Income Payments have begun).
•
If the deceased Owner was a Determining Life and the surviving spouse Beneficiary continues the Contract:
–
we
                      increase the Contract Value to equal the Guaranteed Death Benefit Value if greater and available, and the death benefit ends,
–
the
                      surviving spouse becomes the new Owner,
–
if
                      Income Payments have not begun the Accumulation Phase continues,
–
if
                      Income Payments have begun they can only continue if the surviving spouse is a Covered Person; otherwise the Income Benefit ends, and
–
upon the surviving spouse's death, his or her Beneficiary(s) receives the Contract Value.
•
If the
                      deceased Owner was not a Determining Life, the Traditional Death Benefit Maximum Anniversary Value Death Benefit are not available and the Beneficiary(s) receives the Contract Value.
Action if the Contract is in the Annuity
                Phase
•
The
                      Beneficiary becomes the Payee. If we are still required to make Annuity Payments under the selected Annuity Option, the Beneficiary also becomes the new Owner.
•
If the
                      deceased was not an Annuitant, Annuity Payments to the Payee continue. No death benefit is payable.
•
If the deceased was the only surviving Annuitant, Annuity Payments end or continue as follows.
–
Annuity
                      Option 1 or 3, payments end. If Income Payments were converted to Annuity Payments under one of these Annuity Options, we will also pay any remaining value to the named Beneficiary(s).
–
Annuity
                      Option 2 or 4, payments end when the guaranteed period ends.
–
Annuity Option 5, payments end and the Payee may receive a lump sum refund.
•
If the
                      deceased was an Annuitant and there is a surviving joint Annuitant, Annuity Payments to the Payee continue during the lifetime of the surviving joint Annuitant. No death benefit is payable.
Determining Life (Lives)
The Determining Life (Lives) are the individuals
              on whose life we base the Guaranteed Death Benefit Value provided by the Traditional Death Benefit or Maximum Anniversary Value Death Benefit. We establish the Determining Life (Lives) at Contract issue. For an individually owned Contract the
              Determining Life (Lives) are the Owner(s). For a non-individually owned Contract the Determining Life is the Annuitant. After the Issue Date the Determining Life (Lives) only change if:
•
you
                      remove a Joint Owner due to divorce, then we also remove that person as a Determining Life, or
•
you establish a jointly owned Non-Qualified Contract and change ownership to a Trust, then we remove the prior Owner who is not the Annuitant as a Determining Life.
Beneficiary
The Beneficiary is the person(s) or entity you
              designate to receive any death benefit. You can change the Beneficiary or contingent Beneficiary at any time before your death unless you name an irrevocable Beneficiary. If a Beneficiary dies before you, or you and a Beneficiary die
              simultaneously as defined by applicable state law or regulation, that Beneficiary's interest in this Contract ends unless your Beneficiary designation specifies otherwise. If there are no surviving primary Beneficiaries, we pay the death
              benefit to the contingent Beneficiaries who survive you. If there are no surviving
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Beneficiaries or if there is no named Beneficiary, we pay the death benefit to
            your estate or the Owner if the Owner is a non-individual.
FOR JOINTLY OWNED CONTRACTS:
The sole primary Beneficiary is the surviving Joint Owner regardless of any other
                      named primary Beneficiaries. If both Joint Owners die simultaneouslysimultaneously as defined by applicable state law or regulation, we pay the death benefit to the named contingent Beneficiaries or equally to the estate of the Joint
                      Owners if there are no named contingent Beneficiaries.
Eligible Person(s) and Covered Person(s)
We determine Eligible Persons on the Issue Date based on the
            Contract's ownership and tax qualification status. We use Eligible Person(s) to determine the Income Percentage and Income Percentage Increase, when you will begin receiving Income Percentage Increases, when Income Payments are available to
            you, and the payment type (single or joint) available to you.
We base Income Payments on the lives of the Covered Person(s). We
            determine the Covered Person(s) on the Income Benefit Date based on the available Eligible Person(s), their marital status, and the payment type you select. Joint Income Payments are only available if there are two Eligible Persons on the
            Income Benefit Date who are also spouses within the meaning of federal tax law and they meet the requirements stated here.
Because Income Payments must begin no later than age 100, joint Income
              Payments are not available if:
•
there
                    is more than a 50-year age difference between spouses;
•
you
                    select the Traditional Death Benefit and purchase this Contract at the maximum issue age of 80 and there is more than a 20-year age difference between spouses; or
•
you select the Maximum Anniversary Value Death Benefit and purchase this Contract at the maximum issue age of 75 and there is more than a 25-year age difference between spouses.
Eligible Person and Covered Person Requirements
For a single, individual Owner:
•
You,
                    the Owner, are an Eligible Person.
•
If you
                    and the sole primary Beneficiary are spouses within the meaning of federal tax law, the sole primary Beneficiary is also an Eligible Person.
•
If you
                    select single Income Payments only you, the Owner, can be the Covered Person.
•
If you select joint Income Payments you must designate yourself, the Owner, to be a Covered Person.
For Joint Owners:
•
Both
                    Joint Owners are Eligible Persons.
•
If you
                    select single Income Payments you can designate either Eligible Person to be the Covered Person.
•
If you select joint Income Payments you must designate both Joint Owners to be the Covered Persons.
For Contracts owned by a non-individual:
•
The
                    Annuitant is the Eligible Person.
•
For
                    Non-Qualified Contracts, we only allow one Eligible Person and joint Income Payments are not available.
•
For
                    Qualified Contracts, if the Owner is a qualified plan or a custodian and the Annuitant and sole contingent Beneficiary are spouses within the meaning of federal tax law, the sole contingent Beneficiary is also an Eligible Person.
                    However, joint Income Payments are only available if the qualified plan or custodian is also the sole primary Beneficiary. This structure allows the surviving non-Annuitant spouse to continue to receive Income Payments, assuming the
                    surviving non-Annuitant spouse is the beneficiary under the qualified plan or custodial IRA.
•
If you select single Income Payments only the Annuitant can be the Covered Person.
If an Eligible Person or a Covered Person is no longer an Owner,
            Joint Owner, Annuitant, sole primary Beneficiary, or sole contingent Beneficiary as required above due to death, change in spousal status, an assignment or change of ownership/Beneficiary, we will remove that person from the Contract as an
            Eligible Person or Covered Person. If an Eligible Person is removed, you cannot designate that person to be a Covered Person. If a Covered Person is removed, that person is no longer a Covered Person.
If we remove all Eligible Persons or Covered Persons from the Contract, the Income Benefit ends.
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You can only add or replace an Eligible Person on or before the
            date you request Income Payments
. If you add or change an Owner, sole primary Beneficiary or sole contingent Beneficiary that person will become an Eligible Person if they are the current spouse within the
              meaning of federal tax law of an existing Eligible Person and meet the requirements stated in this section. If you add or replace an Eligible Person we will recalculate your Lifetime Income Percentages based on the age of the new Eligible
              Person on the Index Effective Date and Index Anniversaries, if applicable, as stated in the Summary – How Does the Income Benefit Work? At any given time there cannot be more than two Eligible Persons.
After the Income Benefit Date,
            you cannot add, remove, or replace a Covered Person even if you add or change an Owner, or Beneficiary
.
Change in Spousal Status of Eligible Persons or Covered Persons
If at any time joint Eligible Persons or joint Covered Persons
            are no longer spouses you must send us written notice. If we receive notice on or before the Income Benefit Date, joint Income Payments will not be available to you unless you remarry and add your new spouse as a Joint Owner or sole primary or
            contingent Beneficiary according to the requirements stated in this section. If we receive notice after the Income Benefit Date, we will remove one former spouse from the Contract as a Covered Person and also as an Owner, Joint Owner, Annuitant
            and/or Beneficiary.
Upon notification of divorce, we treat any request to reduce or
            divide benefits under this Contract as a request for a withdrawal of Contract Value payable to you. We process the withdrawal and remove one spouse from the Contract as an Eligible Person or Covered Person, Owner, Annuitant and/or Beneficiary,
            according to your instructions or any applicable court order. This withdrawal is subject to any applicable tax or withdrawal charge, and may cause Income Payments and the Income Benefit to end prematurely. However, if you do not notify us of
            the divorce, the Contract continues and upon the death of an Owner, we pay any applicable death benefit to the Beneficiary(s) and the Contract and the Income Benefit both end.
Payee
The Payee is the person or entity who receives Annuity Payments
            during the Annuity Phase. The Owner receives tax reporting on those payments. Generally we require the Payee to be an Owner. However, we may allow you to name a charitable trust, financial institution, qualified plan, or an individual specified
            in a court order as a Payee subject to our approval. For Qualified Contracts owned by a qualified plan, the qualified plan must be the Payee.
Assignments, Changes of Ownership and Other Transfers of Contract
            Rights
You can assign your rights under this Contract to someone else
            during the Accumulation Phase. An assignment may be absolute or limited, and includes changes of ownership, collateral assignments, or any other transfer of specific Contract rights. After an assignment, you may need the consent of the assignee
            of record to exercise certain Contract rights depending on the type of assignment and the rights assigned.
You must submit your request to assign the Contract in writing to
            our Service Center and we must approve it in writing. To the extent permitted by state law, we reserve the right to refuse to consent to any assignment at any time on a nondiscriminatory basis. We will not consent if the assignment would
            violate or result in noncompliance with any applicable state or federal law or regulation.
Upon our consent, we record the assignment. We are not
            responsible for the validity or effect of the assignment. We are not liable for any actions we take or payments we make before we receive your request in Good Order and record it. A request is in "
Good Order
"
            when it contains all the information we require to process it. Assigning the Contract does not change, revoke or replace the originally named Annuitant or Beneficiary; if you also want to change the Annuitant or Beneficiary you must make a
            separate request.
•
An
                      assignment may be a taxable event
. In addition, there are other restrictions on changing the ownership of a Qualified Contract and Qualified Contracts generally cannot be assigned absolutely or on a limited basis.
You should consult with your tax adviser before assigning this Contract
.
•
An assignment will only change the Determining Life (Lives) if it involves removing a Joint Owner due to divorce, or replacing Joint Owners with a Trust.
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3.
Purchasing

              the Contract
Purchase Requirements
To purchase this Contract, on the Issue Date all Owners and the
            Annuitant must be:
•
age 80
                    or younger, or
•
age 75 or younger if you select the Maximum Anniversary Value Death Benefit.
The Purchase Payment requirements for this Contract are as
            follows.
•
The
                    minimum initial Purchase Payment due on the Issue Date is $5,000.
•
We
                    restrict additional Purchase Payments.
Each Index Year during the Accumulation Phase and before the Income Benefit Date you cannot add more than your initial amount without our prior approval. Your
                      initial amount is all Purchase Payments received before the first Quarterly Contract Anniversary of the first Contract Year. We allow you to add up to the initial amount in the remainder of the first Index Year. The minimum additional
                      Purchase Payment we will accept is $50.
•
We do
                    not accept additional Purchase Payments on or after the Income Benefit Date, or on or after the Annuity Date.
•
The maximum total Purchase Payments we accept without our prior approval is $1 million.
We may, at our sole discretion, waive the minimum Purchase
            Payment requirements.
Once we receive your initial Purchase Payment and all necessary
            information in Good Order at our Service Center, we issue the Contract within two Business Days and allocate your payment to the AZL Government Money Market Fund before we transfer it to your selected Index Options. If you do not give us all of
            the information we need, we contact you or your Financial Professional. If for some reason we are unable to complete this process within five Business Days, we either send back your Purchase Payment or get your permission to keep it until we
            get all of the necessary information. If you make additional Purchase Payments, we add this money to your Contract on the Business Day we receive it in Good Order.
If you submit a Purchase Payment and/or application to your
            Financial Professional, we do not begin processing the payment and/or application until we receive it. A Purchase Payment is "received" when it arrives at our Service Center from the address for mailing checks listed at the back of this
            prospectus regardless of how or when you submitted them. We forward Purchase Payments we receive at the wrong address to the last address listed at the back of this prospectus, which may delay processing.
We may terminate your ability to make additional Purchase Payments
            because we reserve the right to decline any or all Purchase Payments at any time on a nondiscriminatory basis
. This applies to Contracts issued in all states except as disclosed in Appendix H. If mandated under
              applicable law, we may be required to reject a Purchase Payment.
If we exercise our right to decline additional Purchase Payments, this may limit your ability to fund your Contract's guaranteed benefits such as the Income Benefit,
            Traditional Death Benefit or Maximum Anniversary Value Death Benefit.
Applications Sent Electronically
We accept manually signed applications that are in Good Order and
            are sent by fax, or email, or uploaded to our website. It is important to verify receipt of any faxed application, or to receive a confirmation number when using email or the web. We are not liable for applications that we do not receive. A
            manually signed application sent by fax, email or over the web is considered the same as an application delivered by mail. Our electronic systems (fax, email or website) may not always be available; any electronic system can experience outages
            or slowdowns which may delay application processing. Although we have taken precautions to help our system handle heavy use, we cannot promise complete reliability. If you experience problems, please submit your written application by mail to
            our Service Center. We reserve the right to discontinue or modify our electronic application policy at any time and for any reason.
Allocation of Purchase Payments and Contract Value Transfers
The allocation instructions you provide on your application
            automatically become your Purchase Payment default instructions. (In your Contract, Purchase Payment default instructions are called future allocation instructions.) We use these default instructions for all Purchase Payments we receive unless
            you change them, or give us alternate allocation instructions specific to an individual Purchase Payment.
We only allow Purchase Payments to move into the Index Options on the Index Effective
              Date and on subsequent Index Anniversaries.
As a result, we hold Purchase Payments in the AZL Government Money Market Fund until we transfer them to your selected Index Options according to your
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Purchase Payment default instructions. For additional Purchase Payments we receive
after
the Index Effective Date, we transfer the amounts held in the AZL Government Money Market Fund to your selected Index Options on the next Index Anniversary. This transfer on the
            next Index Anniversary does not involve a reallocation of your total Contract Value.
We only allow Index Option Value transfers between Index Options on
            Term End Dates. We do not allow assets to move into an established 3-year or 6-year Term Index Option until the Term End Date.
If you only select the 1-year Term Index Options, you can
              automatically reallocate your total Contract Value annually by providing us with instructions (see section 5, Optional Reallocation Program for 1-year Term Index Options). However, you cannot automatically reallocate your total Contract Value
              annually on each Term End Date if you select a 3-year or 6-year Term Index Option.
You select the Index Effective Date when you purchase your
            Contract. It can be any Business Day up to and including the first Quarterly Contract Anniversary, but it cannot be the 29th, 30th or 31st of a month.
On your application if you select…
Your Index Effective Date will be either…
the earliest Index Effective Date
• your Issue Date, or
• the first Business Day of the next month if the Issue Date is the 29th, 30th, or 31st of a month
the deferred Index Effective Date
• your first Quarterly Contract Anniversary, or
• the next Business Day if the first Quarterly Contract Anniversary occurs on a non-Business Day, or the first Business Day of the next month if the first Quarterly Contract Anniversary is the 29th, 30th, or 31st of a month
You (or your Financial Professional, if authorized) can change
            your Index Effective Date before it occurs to be an earlier or later date by submitting a request. However, your new Index Effective Date cannot be later than the deferred Index Effective Date listed above. We must receive your request in Good
            Order at our Service Center before the end of the Business Day on which you want the Index Effective Date to occur. Once your Index Effective Date occurs, all Index Options for your Contract will have the same Index Anniversary.
You can change your Purchase Payment default instructions at any
            time without fee or penalty. These changes are effective on the Business Day we receive them in Good Order at our Service Center. We accept changes to Purchase Payment default instructions from any Owner unless you instruct otherwise. We may
            allow you to authorize someone else to change these default instructions on your behalf.
Changes to your Purchase Payment default instructions do not reallocate or transfer existing Index
              Option Values
.
We notify you at least 30 days in advance of each Index
            Anniversary as a reminder that on the upcoming anniversary you may transfer Index Option Value between Index Options. Transfers between Index Options do not change your Purchase Payment default instructions. For more information, see the
            "Electronic Transfer and Allocation Instructions" discussion next in this section. On each Term End Date, if we have not received transfer instructions from you, and you are not participating in the 1-year Term Index Option reallocation
            program, all assets invested continue to be invested in the Index Options at the renewal DPSCs, Precision Rates, Caps, and Participation Rates.
We must receive all Index Option transfer instructions in Good
            Order at our Service Center before the end of the Business Day on the Term End Date (or the next Business Day if the Term End Date is a non-Business Day).
•  In order to apply Purchase Payments
                    we receive
after
the Index Effective Date to your selected Index Option(s) on the next Index Anniversary, we must receive them
before
the end of the Business Day on the Index Anniversary (or before the end of the
prior
Business Day if
                    the anniversary is a non-Business Day).
•
Purchase Payments we hold in the AZL Government Money Market before transferring them to your selected Index Options are subject to Contract fees and expenses (e.g. product fee), and
market risk and may lose value.
Electronic transfer and Allocation Instructions
We use reasonable procedures to confirm that electronic transfer
            and allocation instructions given to us are genuine. If we do not use such procedures, we may be liable for any losses due to unauthorized or fraudulent instructions. We record telephone instructions and log all fax, email and website
            instructions. We reserve the right to deny any transfer request or allocation instruction change, and to discontinue or modify our electronic instruction privileges at any time for any reason.
Please note that telephone, fax, email and/or the website may not
            always be available. Any electronic system, whether it is ours, yours, your service provider's, or your Financial Professional's, can experience outages or slowdowns for a variety of reasons, which may delay or prevent our processing of your
            transfer request or allocation instruction change. Although we
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have taken precautions to help our systems handle heavy use, we cannot promise
            complete reliability. If you are experiencing problems, you should submit your instructions in writing to our Service Center.
By authorizing electronic instructions, you authorize us to
            accept and act upon these instructions for your Contract. There are risks associated with electronic communications that do not occur with a written request. Anyone authorizing or making such requests bears those risks. You should protect your
            website password, because the website is available to anyone with your password; we cannot verify that the person providing instructions on the website is you, or is authorized by you.
Automatic Investment Plan (AIP)
The AIP makes additional Purchase Payments to the Contract during
            the Accumulation Phase and before the Income Benefit Date on a monthly or quarterly basis by electronic money transfer from your savings, checking or brokerage account. You can participate in AIP by completing our AIP form. Our Service Center
            must receive your form in Good Order by the 15th of the month (or the next Business Day if the 15th is a non-Business day) in order for AIP to begin that same month. We process AIP Purchase Payments on the 20th of the month, or the next
            Business Day if the 20th is a non-Business Day. We hold AIP Purchase Payments in the AZL Government Money Market Fund until we transfer them to the Index Options on the Index Effective Date or the next Index Anniversary according to your
            Purchase Payment default instructions. AIP Purchase Payments must comply with the allocation requirements and restrictions (including the initial amount requirement) stated in this section. We must receive your request to stop or change AIP at
            our Service Center before the end of the last Business Day immediately before the Business Day we process AIP to make the change that month. If you choose to begin Income Payments, AIP ends automatically on the Income Benefit Date. If you
            choose to begin Annuity Payments, AIP ends automatically on the Business Day before the Annuity Date. We reserve the right to discontinue or modify AIP at any time and for any reason.
For Owners of Qualified Contracts, AIP is not available if your Contract is funding a plan that is tax qualified under Section 401 of the Code.
Free Look/Right To Examine Period
If you change your mind about the Contract, you can cancel it
            within the free look period stated on the first page of your Contract. In most states, this is ten days after you receive the Contract. If you cancel your Contract during the free look period, in most states we return your Contract Value as of
            the Business Day we receive your cancellation request in Good Order. This may be more or less than your initial Purchase Payment. In states that require us to return Purchase Payments less withdrawals if you cancel your Contract, we return
            Contract Value if greater.
IRA Contracts require us to return Purchase Payments less
            withdrawals. If you cancel your IRA Contract, we return the greater of Purchase Payments less withdrawals or Contract Value.
Some states and certain IRA Contracts require return of Purchase
            Payments. For these Contracts, we reserve the right to hold your initial Purchase Payment in the AZL Government Money Market Fund until the free look period ends, and then re-allocate your Contract Value, less fees and expenses, according to
            your Purchase Payment default instructions. If we hold your initial Purchase Payment in the AZL Government Money Market Fund during the free look period and the requested Index Effective Date would occur during this time, we change your Index
            Effective Date to the next Business Day after the free look period that is not the 29th, 30th or 31st of the month. Then, if you:
•
cancel
                    your Contract during this time, we return the greater of Purchase Payments less withdrawals, or Contract Value. We do not assess a withdrawal charge  or deduct any other Contract fees or expenses if you cancel your Contract during the
                    free look period.
•
do not cancel your Contract during this time, we re-allocate your Contract Value to the Index Options according to your Purchase Payment default instructions on the Index Effective Date.
In the Contract, the free look provision is also called the right
            to examine.
4.
AZL
              Government Money Market Fund
The following table lists the AZL Government Money Market Fund's
            associated investment advisers and subadvisers, investment objectives, and principal investment strategies. Depending on market conditions, you can gain or lose value by investing in the AZL Government Money Market Fund. In the future, we may
            add, eliminate or substitute variable investment options to the extent permitted by the federal securities laws and, when required, the SEC.
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You should read the AZL Government Money Market Fund's prospectus
carefully
. There are potential risks associated with the AZL Government Money Market Fund's investment strategies. The operation of the AZL Government Money Market Fund
              and its various risks and expenses are described in its prospectus. We send you the current copy of the AZL Government Money Market Fund's prospectus when we issue the Contract.
(You can also obtain the current AZL Government Money
            Market Fund's prospectus by contacting your Financial Professional or calling us at the toll-free telephone number listed at the back of this prospectus.)
Currently, the AZL Government Money Market Fund is not a publicly
            available mutual fund. It is available only as a variable investment option in variable annuity contracts or variable life insurance policies issued by life insurance companies or in some cases, through participation in certain qualified
            pension or retirement plans. A material conflict of interest may arise between insurance companies, owners of different types of contracts, and retirement plans or their participants. The AZL Government Money Market Fund's Board of Directors
            monitors for material conflicts, and determines what action, if any, should be taken to address any conflicts.
The AZL Government Money Market Fund's name, investment
            objectives and policies may be similar to the names, investment objectives and policies of other portfolios managed by the same investment advisers. Although the names, objectives and policies may be similar, the AZL Government Money Market
            Fund's investment results may be higher or lower than these other portfolios' results. The investment advisers cannot guarantee, and make no representation, that these similar portfolios' investment results will be comparable even though the
            AZL Government Money Market Fund has the same name, investment advisers, objectives, and policies.
The AZL Government Money Market Fund pays 12b-1 fees to the
            Contracts' distributor, our affiliate, Allianz Life Financial Services, LLC, for distribution and/or administrative services. In addition, we may enter into certain arrangements under which we, or Allianz Life Financial Services, LLC, are
            compensated by the AZL Government Money Market Fund's advisers, distributors and/or affiliates for administrative services and benefits we provide to the AZL Government Money Market Fund. The compensation amount usually is based on the AZL
            Government Money Market Fund's aggregate assets purchased through contracts we issue or administer. Some advisers may pay us more or less than others. The maximum service fee we currently receive from any variable investment option in any
            variable annuity contract we offer is 0.35% annually of the average aggregate amount invested by us in the variable investment options.
We offer other variable annuity contracts that may invest in the
            AZL Government Money Market Fund. These contracts may have different charges and may offer different benefits more appropriate to your needs. For more information about these contracts, please contact our Service Center.
Allianz Investment Management LLC is an adviser/subadviser that
            is affiliated with us through common ownership.
Investment
Management
Company and
Adviser/Subadviser
Investment
Option Name
Asset Class
Investment
Objective
Principal Investment Strategies
(Normal market conditions)
Blackrock
Allianz Investment Management LLC/BlackRock Advisors, LLC
AZL Government Money Market Fund
Cash Equivalent
Current income consistent with stability of principal
Invests at least 99.5% of its total assets in cash, government securities, or repurchase agreements that are collateralized
                    fully. Invests at least 80% in government securities or in repurchase agreements collateralized by government securities. Investments include U.S. Treasury bills, notes and other obligations issued or guaranteed as to principal and
                    interest by the U.S. Government, its agencies or instrumentalities, and repurchase agreements secured by such obligations. In addition, the Fund may invest in variable and floating rate instruments. During extended periods of low
                    interest rates, and due in part to contract fees and expenses, the yield of the AZL Government Money Market Fund may also become extremely low and possibly negative.
Substitution and Limitation on Holdings
We may substitute another variable investment option for the AZL
            Government Money Market Fund for any reason in our sole discretion. To the extent required by the Investment Company Act of 1940 or other applicable law, we do not substitute any shares without SEC approval and providing you notice. A new or
            substitute variable investment option may have different fees and expenses. We may limit the amount of additional Purchase Payments held in the AZL Government Money Market Fund if marketing, tax or investment considerations warrant, or for any
            reason in our sole discretion. We
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may also close the AZL Government Money Market Fund. The fund companies that sell
            shares of the AZL Government Money Market Fund to us, pursuant to participation agreements, may end those agreements and discontinue offering us their shares.
Excessive Trading and Market Timing
Currently the Contract does not offer any variable investment options to which you can allocate money. If we were to offer variable investment options in the
                    future they would be subject to the following provisions.
We may restrict or modify your right to make transfers to prevent
            any use that we consider to be part of a market timing program.
Frequent transfers, programmed transfers, transfers into and then
            out of a variable investment option in a short period of time, and transfers of large amounts at one time (collectively referred to as "potentially disruptive trading") may have harmful effects for other Owners, Annuitants and Beneficiaries.
            These risks and harmful effects include the following.
•
Dilution
                    of the interests of long-term investors in a variable investment option, if market timers or others transfer into a variable investment option at prices that are below their true value, or transfer out at prices above their true value.
•
An
                    adverse effect on portfolio management, such as causing a variable investment option to maintain a higher level of cash or causing a variable investment option to liquidate investments prematurely.
•
Increased brokerage and administrative expenses.
We attempt to protect our Owners and the variable investment
            options from potentially disruptive trading through our Excessive Trading and Market Timing policies and procedures. Under these policies and procedures, we may modify your transfer privileges for some or all of the variable investment options
            as follows:
•
Limit
                    transfer frequency (for example, prohibit more than one transfer a week, or more than two a month, etc.).
•
Restrict
                    the transfer method (for example, requiring all transfers be sent by first-class U.S. mail and rescinding electronic transfer privileges).
•
Require
                    a minimum time period between each transfer into or out of the same variable investment option. Our current Excessive Trading and Market Timing policy, which is subject to change without notice, prohibits "round trips" within 14
                    calendar days. We do not include transfers into and/or out of the AZL Government Money Market Fund when available in your Contract or any automatic transfers made under any of our programs or Contract features. Round trips are transfers
                    into and back out of the same variable investment option, or transfers out of and back into the same variable investment option.
•
Refuse
                    transfer requests made on your behalf by an asset allocation and/or market timing service.
•
Limit
                    the dollar amount of any single Purchase Payment or transfer request to a variable investment option.
•
Prohibit
                    transfers into specific variable investment options.
•
Impose other limitations or restrictions to the extent permitted by federal securities laws.
We also reserve the right to reject any specific Purchase Payment
            allocation or transfer request from any person if in the investment adviser's, subadviser's or our judgment, a variable investment option may be unable to invest effectively in accordance with its investment objectives and policies. This could
            occur, for example, where frequent or rapid trading causes the investment adviser to hold an excess of uninvested cash to meet redemption requests, or to sell investment positions to fund redemptions, thereby affecting variable investment
            option returns. Similarly, rapid or frequent trading may cause a variable investment option to incur excessive transaction fees, which also could affect performance.
We retain some discretion in determining what actions constitute
            potentially disruptive trading and in determining when and how to impose trading restrictions. Currently, we attempt to
deter
disruptive trading as follows. If a transfer(s) is/are identified as
            potentially disruptive trading, we may (but are not required to) send a warning letter. If the conduct continues and we determine it constitutes disruptive trading, we also impose transfer restrictions. Transfer restrictions may include
            refusing electronic transfers and requiring all transfers be sent by first-class U.S. mail. If the disruptive trading affects only a single variable investment option, we may prohibit transfers into or Purchase Payment allocations to that
            variable investment option. We do not enter into agreements permitting market timing and would not permit activities determined to be disruptive trading to continue. We also reserve the right to impose transfer restrictions if we determine, in
            our sole discretion, that transfers disadvantage other Owners. We notify you in writing if we impose transfer restrictions on you.
We adopted these policies and procedures as a preventative
            measure to protect all Owners from the potential effects of disruptive trading, while also abiding by your legitimate interest in diversifying your investment and making periodic asset
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re-allocations based on your personal situation or overall market conditions. We
            attempt to protect your interests in making legitimate transfers by providing reasonable and convenient transfer methods that do not harm other Owners.
We may make exceptions when imposing transfer restrictions if we
            determine a transfer is appropriate, although it may technically violate our policies and procedures discussed here. In determining if a transfer is appropriate, we may, but are not required to, take into consideration its relative size,
            whether it was purely a defensive transfer into the AZL Government Money Market Fund, and whether it involved an error or similar event. We may also reinstate electronic transfer privileges after we revoke them, but we do not reinstate these
            privileges if we believe they might be used for future disruptive trading.
We cannot guarantee the following.
•
Our
                    monitoring will be 100% successful in detecting all potentially disruptive trading activity.
•
Revoking electronic transfer privileges will successfully deter all potentially disruptive trading.
In addition, some of the variable investment options are
            available to other insurance companies and we do not know if they adopted policies and procedures to detect and deter potentially disruptive trading, or what their policies and procedures might be. Because we may not be completely successful at
            detecting and preventing market timing activities, and other insurance companies that offer the variable investment options may not have adopted adequate market timing procedures, there is some risk that market timing activity may occur and
            negatively affect other Owners.
We may, without prior notice to any party, take whatever action
            we deem appropriate to comply with any state or federal regulatory requirement. In addition, purchase orders for a variable investment option's shares are subject to acceptance by that variable investment option's manager. We reserve the right
            to reject, without prior notice, any variable investment option transfer request or Purchase Payment if the purchase order is rejected by the investment manager. We have entered into agreements required under SEC Rule 22c-2 (Rule 22c-2
            agreements) whereby, upon request by an underlying fund or its designee, we must provide information about you and your trading activities to the underlying fund or its designee. Under the terms of the Rule 22c-2 agreements, we are required to:
            (1) provide details concerning every purchase, redemption, transfer, or exchange of variable investment options during a specified period; and (2) restrict your trading activity if the party receiving the information so requests. Under certain
            Rule 22c-2 agreements, if we fail to comply with a request to restrict trading activity, the underlying fund or its designee may refuse to accept buy orders from us until we comply.
Variable investment options may add or change policies designed
            to restrict market timing activities. For example, variable investment options may impose restrictions on transfers between variable investment options in an affiliated group if the investment adviser to one or more of the variable investment
            options determines that the person requesting the transfer has engaged, or is engaging in, market timing or other abusive trading activities. In addition, a variable investment option may impose a short-term trading fee on purchases and sales
            within a specified period. You should review the variable investment options' prospectuses regarding any applicable transfer restrictions and the imposition of any fee to discourage short-term trading. The imposition of these restrictions would
            occur as a result of variable investment option restrictions and actions taken by the variable investment options' managers.
This Contract is not designed for professional market timing organizations, or other persons using programmed, large, or frequent transfers, and we may restrict
                    excessive or inappropriate transfer activity.
The retention of some level of discretion by us may result in
            disparate treatment among persons engaging in potentially disruptive trading, and it is possible that some persons could experience adverse consequences if others are able to engage in potentially disruptive trading practices that have negative
            effects.
Voting Privileges
We legally own the AZL Government Money Market Fund shares.
            However, when the AZL Government Money Market Fund holds a shareholder vote that affects your investment, we ask you to give us voting instructions. We then vote all of our shares, including any we own on our behalf, in proportion to those
            instructions. Because most Owners do not give us instructions and we vote shares proportionally, a small number of Owners may determine a vote's outcome. If we determine we no longer need to get your voting instructions, we will decide how to
            vote the shares. Only Owners have voting privileges. Annuitants, Beneficiaries, Payees and other persons have no voting privileges unless they are also Owners.
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We determine your voting interest as follows:
•
You can
                    provide voting instructions based on the dollar value of the AZL Government Money Market Fund's shares in your Contract's subaccount. We calculate this value based on the number and value of accumulation units for your Contract on the
                    record date. We count fractional units.
•
You receive proxy materials and a voting instruction form.
5.
Valuing
              Your Contract
Your Contract Value is the total of the Variable Account Value
            and all Index Option Values.
Variable Account Value increases when….
Variable Account Value decreases when….
• we hold Purchase Payments in the AZL Government Money Market Fund before transferring them to your selected
                    Index Options, or
• there is positive AZL Government Money Market Fund performance
• we take assets out of the AZL Government Money Market Fund and transfer them to your selected Index Options,
• there is negative AZL Government Money Market Fund performance, or
• we deduct Contract expenses
Contract expenses we deduct from the AZL Government Money Market Fund include the product fee, rider fee, contract maintenance charge
                    and withdrawal charge  as described in section 6, Expenses.
The AZL Government Money Market Fund does not provide any
            protection against loss of principal.
You can lose principal and previous earnings for Purchase Payments held in the AZL Government Money Market Fund
.
Index Option Values increase when….
Index Option Values decrease when….
• you add assets to an Index Option by Purchase Payment or Contract Value transfer, or
• you receive a positive Credit or Daily Adjustment
• you take assets out of an Index Option by withdrawal or Contract Value transfer,
• you receive a negative Credit or Daily Adjustment, or
• we deduct Contract expenses
Contract expenses we deduct from the Index Options include the product fee, rider fee, contract maintenance charge and withdrawal
                    charge  as described in section 6, Expenses.
We apply transfers of Contract Value and Purchase Payments to the
            Index Options on the Index Effective Date and Index Anniversaries. We apply Credits to the Index Options on the Term End Dates. Contract expenses are deducted at different times during the Index Year as stated in section 6, Expenses. The Daily
            Adjustment applies to the Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy on any Business Day other than the Term Start Date or the Term End Date.
The Daily
              Adjustment does not apply to the Index Protection Strategy with DPSC or Index Protection Strategy with Cap.
Credits are subject to the applicable Buffer, Floor, DPSC,
            Precision Rate, Cap, and/or Participation Rate
. Positive Credits are not guaranteed and Credits can be zero under all the Index Options. Credits can be negative after application of the Buffer for any Index
              Option with the Index Precision Strategy or Index Performance Strategy, or negative down to the Floor for any Index Option with the Index Guard Strategy.
A negative Performance Credit means that you can lose principal and previous
            earnings.
These losses can be significant.
Determining Variable Account Value
The Separate Account holds the assets for the Purchase Payments
            held in the AZL Government Money Market Fund before we transfer them to the Index Options. The Separate Account is divided into subaccounts, each of which invests exclusively in the shares of the AZL Government Money Market Fund.
We convert Purchase Payments held in the AZL Government Money
            Market Fund into subaccount accumulation units. Each subaccount's daily price (accumulation unit value) is based on the AZL Government Money Market Fund's price. The AZL Government Money Market Fund's price is typically determined at the end of
            each Business Day,
and any Purchase Payment received at or after the end of the current Business Day receives the next Business Day's price
. The AZL Government Money Market Fund's price reflects deduction
            of its operating expenses.
We calculate your Variable Account Value at the end of each
            Business Day by multiplying each subaccount's accumulation unit value by its number of accumulation units, and adding those results together for all subaccounts.
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On the Issue Date, the number of accumulation units in each
            subaccount is equal to the amount allocated to the subaccount divided by its accumulation unit value. At the end of each Business Day, the number of subaccount accumulation units:
•
increase
when we add Purchase Payments to the AZL Government Money Market Fund, and
•
decrease
when assets are removed from the AZL Government Money Market Fund by transfer, withdrawal or deduction of Contract fees and expenses.
We arbitrarily set the initial accumulation unit value for each
            subaccount. At the end of each Business Day, we determine the new accumulation unit value for each subaccount by multiplying the prior Business Day's accumulation unit value by the AZL Government Money Market Fund's percentage change in price
            since the prior Business Day. The percentage change in price includes the AZL Government Money Market Fund's market performance.
Example
•
We
                    receive at our Service Center an additional Purchase Payment of $3,000 from you before the end of the Business Day.
•
When
                    the New York Stock Exchange closes on that Business Day, we determine that the accumulation unit value is $13.25 for the subaccount of the AZL Government Money Market Fund.
•
We then divide $3,000 by $13.25 and credit your Contract that night with 226.415094 subaccount accumulation units for the AZL Government Money Market Fund.
Determining Index Option Values
We calculate an Index Option Value for each Index Option at the
            end of each Business Day. Generally, the Index Option Value is equal to the Index Option Base plus any applicable Daily Adjustment. The Daily Adjustment applies  to any Index Option with the Index Precision Strategy, Index Guard Strategy, or
            Index Performance Strategy on Business Days other than the Term Start Date or the Term End Date. It does not apply to any Index Option with the Index Protection Strategy with DPSC or Index Protection Strategy with Cap. The Daily Adjustment can
            be positive or negative and is discussed later in this section.
On the first Term Start Date, both the Index Option Value and the
            Index Option Base for each of your selected Index Options are initially equal to the amount of:
•
any
                    Purchase Payment received that day which you allocated to that Index Option, and
•
any Contract Value transferred into that Index Option.
At the end of each subsequent Business Day for each selected
            Index Option, we first either apply:
•
the
                    Daily Adjustment if this is not the Term End Date and this is an Index Option with the Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy, or
•
a Credit if this is the Term End Date.
We calculate Credits as described under "Calculating Credits"
            next in this section and apply them as follows:
•
We
                    multiply each Index Option Base by its Credit and add this amount to its Index Option Base.
•
Then we set each Index Option Value equal to its Index Option Base.
Lastly, we increase and/or decrease each Index Option Base and
            Index Option Value for additional Purchase Payments, transfers, partial withdrawals and the deduction of any Contract expenses.
•
Additional
                    Purchase Payments received on the Term End Date and allocated to this Index Option, and transfers of Variable Account Value or Index Option Value into this Index Option, increase these values by the dollar amount allocated or
                    transferred.
•
Transfers
                    out of this Index Option reduce these values by the dollar amount removed from the Index Option.
•
Partial withdrawals you request and Contract expenses we deduct reduce these values by the dollar amount withdrawn from the Index Option.
–
We
                    deduct partial withdrawals and Contract expenses from the Index Options proportionately based on the percentage of Contract Value in each Index Option using values determined at the end of the Business Day before we process the
                    withdrawal or deduct the Contract expense. However, if you specifically direct us to take a partial withdrawal from a specific Index Option we reduce that Index Option Value by the dollar amount you specify, including any applicable
                    withdrawal charge.
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–
We then
                    reduce each Index Option Base by the same percentage that the amount withdrawn reduced its associated Index Option Value.
•
Partial

                      withdrawals and Contract expenses we deduct from the Index Options during the Term do not receive a Credit on the Term End Date
. However, the remaining amount in the Index Options is eligible for a Credit on the Term End Date.
•  You cannot
                    specify from which Index Option or the AZL Government Money Market Fund (if applicable) we deduct Contract expenses; we deduct Contract expenses from each Index Option and the AZL Government Money Market Fund proportionately based on
                    its percentage of Contract Value. However, you can specify from which Index Option or the AZL Government Money Market Fund (if applicable) we deduct a partial withdrawal.
There is no consistent financial
                      advantage to providing partial withdrawal deduction instructions.
Calculating Credits
We base Credits on Index Values and Index Returns. We measure
            Index Values on the Term Start Date and Term End Date using the Index's price at the end of the Business Day as provided by Bloomberg or another market source if Bloomberg is not available. If the Term Start Date or Term End Date is a
            non-Business Day we use the next Business Day's Index price. If you select the EURO STOXX 50
®
, we determine Index Returns without any exchange rate
            adjustment.
Because we calculate Index Returns only on Term End Dates, the Index Return does not necessarily reflect the highest or lowest Index Values that occurred during the Term.
Crediting Method
If Index Value is less than it was on the
Term Start Date
(i.e., Index Return is negative):
If Index Value is equal to or greater than it was on the Term Start Date
(i.e., Index Return is zero or positive):
Index Protection Strategy with DPSC
Credit is zero
Credit is equal to the DPSC set on the Term Start Date
Index Protection Strategy with Cap
Credit is zero
Protection Credit is equal to the Index Return up to the Cap set on the Term Start DateAssume the Cap is 5%. If the Index Return is…
• 0%, the Protection Credit is zero.
• 4%, the Performance Credit is 4%.
• 12%, the Performance Credit is 5%.
Index Precision Strategy
Performance Credit is equal to the negative Index Return in excess of the BufferAssume the Buffer is 10%. If the Index Return
                    is…
• -8%, the Performance Credit is zero.
• -12%, the Performance Credit is -2%.
Performance Credit is equal to the Precision Rate set on the Term Start Date
Index Guard Strategy
Performance Credit is equal to the negative Index Return subject to the FloorAssume the Floor is -10%. If the Index Return is…
• -8%, the Performance Credit is -8%.
• -12%, the Performance Credit is -10%.
Performance Credit is equal to the Index Return up to the Cap set on the Term Start DateAssume the Cap is 8%. If the Index Return is…
• 0%, the Performance Credit is zero.
• 6%, the Performance Credit is 6%.
• 12%, the Performance Credit is 8%.
Index Performance Strategy – 1-year Term
Performance Credit is equal to the negative Index Return in excess of the Buffer.
Assume the Buffer for the 1-year Term is 10%. If the Index Return for the year is…• -8%, the Performance Credit is zero.
• -12%, the Performance Credit is -2%.
Performance Credit is equal to the Index Return up to the Cap set on the Term Start Date
Assume the Cap for the 1-year Term is 8%. If the Index Return for the year is…• 0%, the Performance Credit is zero.
• 6%, the Performance Credit is 6%.
• 12%, the Performance Credit is 8%.
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Crediting Method
If Index Value is less than it was on the
Term Start Date
(i.e., Index Return is negative):
If Index Value is equal to or greater than it was on the Term Start Date
(i.e., Index Return is zero or positive):
Index Performance Strategy – 3-year Term
(available to Contracts issued before April 30, 2021)
Performance Credit is equal to the negative Index Return in excess of the Buffer.
Assume the Buffer for the 3-year Term is 20%. If the Index Return for the Term is…• -19%, the Performance Credit is zero.
• -24%, the Performance Credit is -4%.
Performance Credit is equal to the Index Return up to any Cap set on the Term Start Date
Assume the Cap for the 3-year Term is 80%. If the Index Return for the Term is…• 0%, the Performance Credit is zero.
• 65%, the Performance Credit is 65%.
• 90%, the Performance Credit is 80%.
If instead, the 3-year Term were uncapped the Performance Credit would be 90%.
Index Performance Strategy – 3-year Term
(available to Contracts issued on or after April 30, 2021)
Performance Credit is equal to the negative Index Return in excess of the Buffer.
Assume the Buffer for the 3-year Term is 10%. If the Index Return for the Term is…• -19%, the Performance Credit is -9%.
• -24%, the Performance Credit is -14%.
Performance Credit is equal to the Index Return multiplied by the Participation Rate, up to any Cap set on the Term Start Date
Assume the Participation Rate is 100% and the Cap is 80%. If the Index Return for the Term is…• 0%, the Performance Credit is zero.
• 65%, the Performance Credit is 65%.
• 90%, the Performance Credit is 80%.
If instead, the Participation Rate is 110% and the 3-year Term were uncapped
, then if the Index Return for the Term is…• 0%, the Performance Credit is zero.
• 65%, the Performance Credit is 71.5%.
• 90%, the Performance Credit is 99%.
Index Performance Strategy – 6-year Term
(available to Contracts issued on or after April 30, 2021)
Performance Credit is equal to the negative Index Return in excess of the Buffer.
Assume the Buffer for the 6-year Term is 10%. If the Index Return for the Term is…• -19%, the Performance Credit is -9%.
• -24%, the Performance Credit is -14%.
Performance Credit is equal to the Index Return multiplied by the Participation Rate, up to any Cap set on the Term Start Date
Assume the Participation Rate is 100% and the Cap is 95%. If the Index Return for the Term is…• 0%, the Performance Credit is zero.
• 65%, the Performance Credit is 65%.
• 90%, the Performance Credit is 90%.
If instead, the Participation Rate is 110% and the 6-year Term were uncapped
, then if the Index Return for the Term is…• 0%, the Performance Credit is zero.
• 65%, the Performance Credit is 71.5%.
• 90%, the Performance Credit is 99%.
Daily Adjustment for the Index Precision Strategy, Index Guard
            Strategy, and Index Performance Strategy
We designed the Daily Adjustment to provide an Index Option Value
            during the Term on days other than the Term Start Date or the Term End Date. The Daily Adjustment can affect the amounts available for withdrawal, annuitization, payment of the death benefit, and the Contract Value used to determine the Income
            Payments, Charge Base, and contract maintenance charge. It is discussed in the Summary - What is the Daily Adjustment?; and in Risk Factors – Risk of Negative Returns. The Daily Adjustment formula is described in Appendix B and in Exhibit 99(b)
            of the Form S-1 Registration Statement filed with the SEC, of which this prospectus is a part. This information is incorporated by reference into this prospectus. You can obtain a copy of Exhibit 99(b) by calling (800) 624-0197, or visiting our
            website at www.allianzlife.com.
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Performance Locks
We must receive a manual Performance Lock request in Good Order
            before the end of the current Business Day to lock an Index Option with the Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy on that day. Otherwise the Lock Date will occur on the next Business Day that your request
            is in Good Order. We do not allow Performance Locks to occur on Term End Dates. For requests submitted in writing, we do not consider the request to be received until it arrives at our Service Center.
You (or your Financial Professional, if authorized) can request
            an automatic Performance Lock based on targets you set only through your account on our website. When you establish your account you must provide us with an email address. You can set upper and/or lower targets for each of these Index Options
            each Term.
Setting a target close to the current Index Option Value return may cause a Performance Lock to occur very quickly.
You can change or cancel targets at any time before we
            execute a Performance Lock. Each Index Option's targets automatically expire on the earlier of the Lock Date, or the last Business Day before the Term End Date. You can also "over-ride" a target by requesting a manual Performance Lock before
            the target is reached. We determine if a target is reached using the Index Option Values determined at the end of the prior Business Day using the prior day's Daily Adjustment. We then execute the Performance Lock using the Daily Adjustment
            determined at the close of business on the Lock Date.
By setting targets you are authorizing us to automatically execute a Performance Lock at the end of the Business Day on the Lock Date upon
              which the target is reached, unless you cancel the lock.
We will send an email notice once the Daily Adjustment for an Index Option reaches a target. To cancel an automatic Performance Lock after a target is reached, we must receive
            your request in Good Order
before
the end of the Business Day on the Lock Date.
For example, assume the Cap for the Index Performance Strategy
            1-year Term with the S&P 500
®
Index is 10.25% and you set a target of 9.50%. On a Tuesday, your Daily Adjustment determined at the end of the
            Business Day is 9.63%. We will send you an email notice and assuming Wednesday is a Business Day, we will execute the Performance Lock on Wednesday (which will be your Lock Date) using the Daily Adjustment determined at the close of business.
            If Wednesday is a non-Business Day, your Lock Date would instead be Thursday (assuming it is a Business Day).
Note that the Daily Adjustment on the Lock Date could be greater or less than your
              target of 9.50%, or Tuesday's Daily Adjustment of 9.63%.
A Performance Lock can be executed once each Term for each of
            these Index Options. A Performance Lock applies to the total Index Option Value in an Index Option, and not just a portion of that Index Option Value. We use the Daily Adjustment calculated at the end of the current Business Day on the Lock
            Date to determine your locked Index Option Value. This "locked" Index Option Value may be more or less than the "unlocked" Index Option Value that is available for your review on the Lock Date because the unlocked Index Option Value was
            determined at the end of the
prior
Business Day. After the Lock Date, the Index Option Value stays in the locked Index Option for the remainder of the Term, Daily Adjustments do not apply for the
            remainder of the Term and the locked Index Option Value will not receive a Performance Credit on the Term End Date. However, a locked Index Option Value can decrease if you take a partial withdrawal or when we deduct Contract expenses. On the
            next Index Anniversary that occurs on or immediately after the Lock Date, all locked Index Options will be unlocked, we will transfer the locked Index Option Value according to your instructions, and Daily Adjustments will again apply for the
            new Term. If you do not provide us with transfer instructions, the Index Option Value will remain in the same Index Option with a new Term Start Date.
Performance Locks are not available for
              any Index Option with the Index Protection Strategy with DPSC or Index Protection Strategy with Cap.
A Performance Lock can help eliminate doubt about future Index
            performance and possibly limit the impact of a negative Performance Credit you would otherwise receive. A Performance Lock can also allow you to transfer assets out of a 3-year or 6-year Term Index Option before the Term End Date if you execute
            it on or before the second Index Anniversary of a 3-year Term, or on or before the fifth Index Anniversary of a 6-year Term. The disadvantage of executing a Performance Lock is that the relevant Index Value could increase by the Term End Date,
            and you will not participate in that increase. In addition, if you execute a Performance Lock, you may receive less than the full protection of the Buffer or Floor, than you would have received if you waited for us to apply the Performance
            Credit on the Term End Date.
Optional Reallocation Program for the 1-year Term Index Options
Index Option performance may cause the percentage of total Index
            Option Value in each 1-year Term Index Option to change. Reallocating can help you maintain your selected 1-year Term Index Option allocation percentages. You can direct us to automatically reallocate your 1-year Term Index Option Values on
            each Term End Date (or on the next Business Day if the Term End Date is a non-Business Day) according to your instructions. We must receive your reallocation instructions in Good Order at our Service Center before the end of the Business Day we
            reallocate. We reserve the right to discontinue
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or modify the optional reallocation program at any time and for any reason. To end
            this program, we must receive your request at our Service Center before the end of the last Business Day immediately before the Term End Date.
You cannot participate in the Optional Reallocation Program if you select a 3-year or 6-year Term Index Option.
If you are participating in this program and select a 3-year or 6-year Term Index Option, on the Term Start Date your participation in this program ends and we will not reallocate your
                      1-year Term Index Option Values.
6.
Expenses
Contract fees and expenses reduce your investment return and are
            described here in detail. We set the Contract fees and expenses on the Issue Date and they cannot change.
Annual Contract Fees: Product and Rider Fees
The product fee compensates us for providing all your Contract's
            benefits, including our contractual obligation to make Annuity Payments and certain Contract and distribution expenses. The product fee also compensates us for assuming the expense risk that the current fee is less than future Contract
            administration costs as well as the cost of providing certain features under the Contract. The rider fees compensate us for the benefits provided by the Income Benefit and Maximum Anniversary Value Death Benefit, including the benefits'
            guarantees. If the product and rider fees cover these costs and risks, any excess is profit to us. We anticipate making such a profit.
Annual Contract Fees
(as a percentage of the Charge Base)
Product Fee
(1)
1.25%
Rider Fee for the Income Benefit
0.70%
Rider Fee for the optional Maximum Anniversary Value Death Benefit
(2)
0.20%
Total Contract Fees for Contracts with the Income Benefit and optional Maximum Anniversary Value Death Benefit
2.15%
(1)
Upon the
                    death of the Owner, we continue to assess this product fee under death benefit payment Option B, and with optional payments under death benefit payment Option C, as noted in section 10, Death Benefit.
(2)
We no longer assess the 0.20% rider fee for the Maximum Anniversary Value Death Benefit once we receive either the first Valid Claim from any one Beneficiary, or due proof of a Determining Life's death
                    if you and the Determining Life are different individuals and the Determining Life predeceases you.
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The product and rider fees are annualized rates that we calculate
            and accrue on a daily basis as a percentage of the Charge Base during the Accumulation Phase as follows.
Issue Date
Non-Quarterly Contract Anniversaries
Quarterly Contract Anniversaries*
• The Charge Base is equal to your initial Purchase Payment.• We begin calculating and accruing the
                    daily product fee, and rider fee if applicable,
on the day after the Issue Date.
• First we calculate and accrue the daily product and rider fees, using the Charge Base. If this is a non-Business Day we use the Charge Base
                    from the end of the prior Business Day.• Then if this is a Business Day we increase/decrease the Charge Base as follows.
– If we receive an additional Purchase Payment, we increase the Charge Base by the amount we receive.
– If you take a partial withdrawal (including a Penalty-Free Withdrawal), or we withdraw Contract fees and expenses, we decrease the Charge Base by the percentage of Contract Value withdrawn.
• First we process all daily transactions and determine your Contract Value. Daily transactions include any gains/losses due to AZL
                    Government Money Market Fund performance or application of any Daily Adjustment (or Credit if this is also the Term End Date), any additional Purchase Payment, deductions for withdrawals (including any withdrawal charge), and Contract
                    fees and expenses
including deduction of the accrued daily product and rider fees for the prior quarter.
– We deduct the accrued product and rider fees for the prior quarter on a dollar for dollar basis from the Contract Value, and proportionately from each Index Option and the AZL Government Money Market Fund.• Then we set the
                    Charge Base equal to this Contract Value and we calculate and accrue the
next quarter's
daily product and rider fees using the newly set Charge Base.
*
Or the next Business Day if the Quarterly Contract Anniversary is a non-Business Day.
Example:
Contract Value is $125,000; Charge Base is $127,000; a $10,000 partial withdrawal
                      (including any withdrawal charge) would decrease the Charge Base by $10,160. [($10,000 ÷ $125,000) x $127,000]
Any increase/decrease to the Charge Base will increase/decrease the daily product and rider fees we calculate and accrue
on the next day.
Examples of how we calculate the product and rider fees are included in Appendix E.
We do not treat the deduction of the accrued product and rider fees as a withdrawal when computing your Guaranteed Death Benefit Value (see section 10). However,
                    if you select the Maximum Anniversary Value Death Benefit we deduct all Contract fees and expenses on the Index Anniversary (including the accrued product and rider fees if this is also a Quarterly Contract Anniversary) before we
                    capture any annual investment gains in the Maximum Anniversary Value.
Deduction of the final product and rider fees
•
If you
                    take a full withdrawal of the total Contract Value, we deduct the final accrued product and rider fees before processing the withdrawal.
•
If you
                    annuitize the Contract, we deduct the final accrued product and rider fees before calculating Annuity Payments.
•
Upon the death of an Owner (or Annuitant if the Owner is a non-individual), we deduct the final accrued rider fee for the Maximum Anniversary Value Death Benefit before calculating the death benefit,
                    and we deduct the final accrued product fee before calculating the death benefit if death benefit payment Option A or Annuity Payments under death benefit payment Option C is selected. If the Income Benefit ends due to death, we also
                    deduct its final rider fee before calculating the death benefit.
If on a Quarterly Contract Anniversary (or the next Business Day if the Quarterly Contract Anniversary is a non-Business Day) the Contract Value is less than the
                    accrued product and rider fees, we deduct your total remaining Contract Value to cover the accrued product and rider fees and reduce your Contract Value to zero. If the deduction of the accrued product and rider fees reduces your
                    Contract Value to zero and the Income Benefit and your selected death benefit have ended, we treat this as a full withdrawal and your Contract ends.
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Contract Maintenance Charge
Your annual contract maintenance charge is $50. This charge is
            for Contract administration and maintenance expenses. We waive this charge as follows:
•
During
                    the Accumulation Phase (and Income Period, if applicable), if the total Contract Value for all Index Advantage Income
®
Contracts you own is
                    at least $100,000 at the end of the last Business Day before the Contract Anniversary, or if the Contract Value for this single Index Advantage Income
®
Contract is at least $100,000 on the Contract Anniversary. We determine the total Contract Value for all individually owned Index Advantage
                    Income
®
Contracts by using the Owner's social security number, and for non-individually owned Index Advantage Income
®
Contracts we use the Annuitant's social security number.
•
During
                    the Annuity Phase if the total Contract Value for all Index Advantage Income
®
Contracts on the last Business Day before the Annuity Date is
                    at least $100,000.
•
When paying death benefits.
During the Accumulation Phase, we deduct the contract maintenance
            charge:
•
on a
                    dollar for dollar basis from the Contract Value on the Contract Anniversary (or the next Business Day if the Contract Anniversary is a non-Business Day), and
•
we deduct it proportionately from each Index Option and the AZL Government Money Market Fund.
If you take a full withdrawal from your Contract (other than on a
            Contract Anniversary), we deduct the full contract maintenance charge. We do not treat the deduction of the contract maintenance charge as a withdrawal when computing Guaranteed Death Benefit Value. During the Annuity Phase, we deduct the
            contract maintenance charge proportionately from each Annuity Payment.
Withdrawal Charge
You can take withdrawals during the Accumulation Phase and Excess
            Withdrawals during the Income Period while your Contract Value is positive. A withdrawal charge applies if any part of a withdrawal or Excess Withdrawal comes from a Purchase Payment that is still within the withdrawal charge period. We assess
            the withdrawal charge against the Withdrawal Charge Basis, which is equal to total Purchase Payments, less any Purchase Payments withdrawn (excluding any Penalty-Free Withdrawals), and less any applicable withdrawal charge. We do not reduce the
            Withdrawal Charge Basis for any amounts we deduct to pay other Contract expenses.
We do not assess a withdrawal charge on Penalty-Free Withdrawals or
            amounts we deduct to pay Contract expenses, other than the withdrawal charge. However, any amounts used to pay a withdrawal charge are subject to a withdrawal charge.
Amounts withdrawn to pay investment adviser
              fees are subject to a withdrawal charge if they exceed the free withdrawal privilege during the Accumulation Phase and before the Income Period, or if they are taken as an Excess Withdrawal during the Income Period.
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Calculating a Withdrawal Charge
Example
For purposes of calculating any withdrawal charge, we withdraw Purchase Payments on a "first-in-first-out" (FIFO) basis and we process withdrawal
                    requests as follows.
You make an initial Purchase Payment of $55,000 and make another Purchase Payment in the first month of the second Contract Year of $45,000. In the third month
                    of the third Contract Year, your Contract Value is $110,000 and you request a $70,000 withdrawal. We withdraw money and compute the withdrawal charge as follows.
1.  First we withdraw from Purchase Payments that we have had for six or more complete years, which is your Contract's withdrawal charge period. This
                    withdrawal is not subject to a withdrawal charge and it reduces the Withdrawal Charge Basis.
1
.
Purchase Payments beyond the withdrawal charge period.
All payments are still
                    within the withdrawal charge period, so this does not apply.
2.  Then, if this is a partial withdrawal during the Accumulation Phase and before the Income Period, we withdraw from the free withdrawal privilege
                    (see section 7, Access to Your Money – Free Withdrawal Privilege). This withdrawal is not subject to a withdrawal charge and it does not reduce the Withdrawal Charge Basis.
2
.
Amounts available under the free withdrawal privilege.
You did not take any
                    other withdrawals this year, so you can withdraw up to 10% of your total payments (or $10,000) without incurring a withdrawal charge.
3.  Next, on a FIFO basis, we withdraw from Purchase Payments within your Contract's withdrawal charge period and assess a withdrawal charge.
                    Withdrawing payments on a FIFO basis may help reduce the total withdrawal charge because the charge declines over time. We determine your total withdrawal charge by multiplying each payment by its applicable withdrawal charge percentage
                    and then totaling the charges. This withdrawal reduces the Withdrawal Charge Basis.
The withdrawal charge as a percentage of each Purchase Payment withdrawn is as follows.
3
.
Purchase Payments within the withdrawal charge period on a FIFO basis.
The total amount we withdraw
                    from the first Purchase Payment is $55,000, which is subject to a 7% withdrawal charge, and you receive $51,150. We determine this amount as follows:
(
amount withdrawn) x (1 – withdrawal charge) = the amount you receive, or:
$55,000 x 0.93 = $51,150
Next we withdraw from the second Purchase Payment.
So far, you received $61,150 ($10,000 under the free withdrawal privilege and $51,150 from the first Purchase Payment), so we withdraw $8,850 from the second Purchase Payment to equal the $70,000 you requested. The second Purchase
                    Payment is subject to an 8% withdrawal charge. We calculate the total amount withdrawn and its withdrawal charge as follows:
(the amount you receive) ÷ (1 – withdrawal charge) = amount withdrawn, or:
$8,850 ÷ 0.92 = $9,620.
Number of Complete Years
Since Purchase Payment
Withdrawal Charge
Amount
0
1
2
3
4
5
6 years or more
8.5%
8%
7%
6%
5%
4%
0%
4.  Finally we withdraw any Contract earnings. This withdrawal is not subject to a withdrawal charge and it does not reduce the
                    Withdrawal Charge Basis.
4.
Contract earnings.
We already withdrew your requested amount, so this does not apply.
In total we withdrew $74,620 from your Contract, of which you received $70,000 and paid a withdrawal charge of $4,620.
Upon a full withdrawal, we first deduct any applicable product
            fee, rider fee, and contract maintenance charge before we calculate the withdrawal charge. We deduct any applicable withdrawal charge from the total Contract Value and send you
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the remaining amount. For a partial withdrawal we deduct the amount you request,
            plus any applicable withdrawal charge from the total Contract Value. We apply the withdrawal charge to this total amount and we pay you the amount you requested. We deduct any partial withdrawal (including any withdrawal charge) proportionately
            from each Index Option and the AZL Government Money Market Fund unless you provide us with alternate instructions. If a partial withdrawal occurs on a day that we also assess the product fee, rider fee, and/or contract maintenance charge, we
            assess these charges in this order after we deduct the withdrawal and any applicable withdrawal charge from the Contract Value.
The withdrawal charge compensates us for expenses associated with
            selling the Contract.
Reduction or Elimination of the Withdrawal Charge
We may reduce or eliminate the withdrawal charge when the
            Contract is sold under circumstances that reduce its sales expenses. We will implement this withdrawal charge reduction or elimination in a nondiscriminatory manner. For example, if a large group of individuals purchases Contracts or if a
            prospective purchaser already has a relationship with us. We may choose not to deduct a withdrawal charge under a Contract issued to an officer, director, or employee of Allianz Life or any of its affiliates. Also, we may reduce or eliminate
            the withdrawal charge when a Contract is sold by a Financial Professional appointed with Allianz Life to any members of his or her immediate family and the Financial Professional waives their commission. We must pre-approve any withdrawal
            charge reduction or elimination.
•  We do not reduce the Withdrawal
                    Charge Basis for Penalty-Free Withdrawals or the deduction of Contract expenses other than the withdrawal charge.
This means that upon a full withdrawal, if your Contract Value is less than your
                      remaining Purchase Payments that are still subject to a withdrawal charge we will assess a withdrawal charge on more than the amount withdrawn. This can occur because your Contract Value was reduced for:
–
prior Penalty-Free Withdrawals,
–
deductions of Contract expenses other than the withdrawal charge, and/or
–
poor performance.
This also means that upon a full withdrawal you may not receive any money.
•  Withdrawals may also be subject
                    to
ordinary income taxes, and a 10% additional federal tax if you are under age 59
1
⁄
2
, and the amount of Contract Value available for withdrawal may be affected by the Daily Adjustment
(which can be negative)
.
•  For tax
                    purposes in most instances, withdrawals from Non-Qualified Contracts are considered to come from earnings first, not Purchase Payments.
Premium Tax
Premium tax is based on your state of residence at the time you
            make each Purchase Payment. In states that assess a premium tax, we do not currently deduct it from the Contract, although we reserve the right to do so in the future. Premium tax normally ranges from 0% to 3.5% of the Purchase Payment,
            depending on the state or governmental entity.
Income Tax
Currently, we do not deduct any Contract related income tax we
            incur, although we reserve the right to do so in the future.
AZL Government Money Market Fund Expenses
The AZL Government Money Market Fund's assets are subject to
            operating expenses (including management fees). These expenses are described in the Fee Tables and in the AZL Government Money Market Fund's prospectus. These expenses reduce the AZL Government Money Market Fund's performance and, therefore,
            negatively affect your Contract Value and any payments based on Contract Value. The AZL Government Money Market Fund provided us with the expense information in this prospectus and we did not independently verify it.
7.
Access to
              Your Money
Your Contract Value is available under the following
            circumstances:
•
by
                    taking a withdrawal;
•
by
                    taking Income Payments;
•
by
                    taking required minimum distributions (Qualified Contracts only) as discussed in "Minimum Distribution Program and Required Minimum Distribution (RMD) Payments" later in this section;
•
by taking Annuity Payments; or
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•
when we
                    pay a death benefit.
You can take withdrawals during the Accumulation Phase either as
            partial withdrawals before the Income Period, or as Income Payments or Excess Withdrawals during the Income Period. We process withdrawal requests based on values next determined after receipt of the request in Good Order at our Service Center.
            Values are normally determined at the end of each Business Day. We process any withdrawal request received at or after the end of the current Business Day using values determined on the next Business Day.
Any partial withdrawal must be for at least $100.* The Contract
            Value after a partial withdrawal must be at least $2,000.**
We reserve the right to treat a partial withdrawal that reduces the Contract Value below this minimum as a full withdrawal.
*
Does not
                    apply to required minimum distributions.
**
Does not apply to Income Payments or required minimum distributions.
We deduct any partial withdrawal (including any withdrawal
            charge) proportionately from each Index Option and the AZL Government Money Market Fund unless you provide us with alternate instructions.
When you take a full withdrawal, we process your request on the
            Business Day we receive it in Good Order at our Service Center as follows:
•
total
                    Contract Value,
•
less
                    any final product fee, final rider fee and final contract maintenance charge, and
•
less any withdrawal charge.
See the Fee Tables and section 6, Expenses for a discussion of
            the Contract fees and expenses.
We pay withdrawals promptly, but in no event later than seven
            days after receipt of your request in Good Order at our Service Center, unless the suspension of payments or transfers provision is in effect (see the discussion later in this section).
•  Withdrawals may be subject to a
                    withdrawal charge, state and federal taxation, and a 10% additional federal tax if you are under age 59
1
⁄
2
, and the amount of Contract Value available for withdrawal may be affected by the Daily Adjustment
(which can be negative)
.
•
Joint

                      Owners:
We send one check payable to both Joint Owners and tax each Joint Owner individually.
This can create a discrepancy in taxation if only one Joint Owner is under age 59
1
⁄
2
because that Joint Owner will be subject to the 10% additional federal tax.
•  We may be
                    required to provide information about you or your Contract to government regulators. We may also be required to stop Contract disbursements and thereby refuse any transfer requests, and refuse to pay any withdrawals, surrenders, or
                    death benefits until we receive instructions from the appropriate regulator. If, pursuant to SEC rules, the AZL Government Money Market Fund suspends payment of redemption proceeds in connection with a fund liquidation, we will delay
                    payment of any transfer, partial withdrawal, surrender, or death benefit from the AZL Government Money Market Fund subaccount until the fund is liquidated.
Free Withdrawal Privilege
Each Contract Year during the Accumulation Phase and before the
            Income Period, you can withdraw up to 10% of your total Purchase Payments without incurring a withdrawal charge (the free withdrawal privilege). Any unused free withdrawal privilege in one Contract Year is not added to the amount available next
            year. Purchase Payment withdrawals that are outside the six year withdrawal charge period are not subject to a withdrawal charge and do not reduce your free withdrawal privilege. Required minimum distribution payments are not subject to a
            withdrawal charge, but do reduce your free withdrawal privilege.
The free withdrawal privilege is not available upon a full withdrawal or during the Income Period.
Systematic Withdrawal Program
The systematic withdrawal program can provide automatic
            withdrawal payments to you during the Accumulation Phase and before the Income Period. You can request to receive these withdrawal payments monthly, quarterly, semi-annually or annually. However, if your Contract Value is less than $25,000, we
            only make annual payments. The minimum amount you can withdraw under this program is $100 and there is no maximum. During the withdrawal charge period (if
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applicable), systematic withdrawals in excess of the free withdrawal privilege are
            subject to a withdrawal charge. We make systematic withdrawals on the ninth of the month, or the next Business Day if the ninth is a non-Business Day. We must receive your systematic withdrawal program form instructions in Good Order at our
            Service Center before the end of the Business Day before we process these withdrawals, or your program does not begin until the next month. This program ends at the earliest of your request, on the Income Benefit Date, or when you withdraw your
            total Contract Value. However, we reserve the right to discontinue or modify the systematic withdrawal program at any time and for any reason.
•
Ordinary

                      income taxes and tax penalties may apply to systematic withdrawals.
•
The systematic withdrawal program is not available during the Income Period or while you are receiving required minimum distribution payments.
Minimum Distribution Program and Required Minimum Distribution
            (RMD) Payments
If you own an IRA or SEP IRA Contract, you can participate in the
            minimum distribution program during the Accumulation Phase (and Income Period, if applicable). Under this program, we make payments to you designed to meet the applicable minimum distribution requirements imposed by the Code for this Qualified
            Contract. RMD payments are not subject to a withdrawal charge, but they reduce the free withdrawal privilege amount during the Contract Year. We can make payments to you on a monthly, quarterly, semi-annually or annually. However, if your
            Contract Value is less than $25,000, we only make annual payments. You cannot aggregate RMD payments between this Contract and other qualified contracts that you own. We make RMD payments on the ninth of the month, or the next Business Day if
            the ninth is a non-Business Day. We must receive your program form instructions in Good Order at our Service Center before the end of the Business Day before we process these payments, or your program does not begin until the next month.
When you request Income Payments, we ask for instructions
            regarding your RMD needs for this Contract. If you choose to use Income Payments to satisfy your RMD needs, we determine whether this calendar year's total RMD has been satisfied by your Income Payments and any Excess Withdrawals. If the RMD
            amount for this Contract has not been satisfied, we send you this remaining amount as one RMD payment by the end of the calendar year. We consider this payment to be a withdrawal, but it is not an Excess Withdrawal and it is not subject to a
            withdrawal charge. For more information, see section 9, Income Benefit – Calculating Your Income Payments.
•
You

                      should consult a tax adviser before purchasing a Qualified Contract that is subject to RMD payments.
•
The minimum distribution program is not available while you are receiving systematic withdrawals.
Waiver of Withdrawal Charge Benefit
After the first Contract Year, if any Owner becomes confined to a
            nursing home for a period of at least 90 consecutive days and a physician certifies that continued confinement is necessary, you can take withdrawals and we waive the withdrawal charge. This waiver is not available if any Owner was confined to
            a nursing home on the Issue Date. We base this benefit on the Annuitant for non-individually owned Contracts. We must receive proof of confinement in Good Order for each withdrawal before we waive the withdrawal charge.
Suspension of Payments or Transfers
We may be required to suspend or postpone transfers or payments
            for withdrawals* for more than seven days after receipt of your request in Good Order at our Service Center, for any period when:
•
the New
                    York Stock Exchange is closed (other than customary weekend and holiday closings);
•
trading
                    on the New York Stock Exchange is restricted;
•
an
                    emergency (as determined by the SEC) exists as a result of which disposal of the AZL Government Money Market Fund shares is not reasonably practicable or we cannot reasonably value the shares; or
•
during any other period when the SEC, by order, so permits for the protection of Owners.
*
Including
                    Income Payments and Excess Withdrawals.
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8.
The
              Annuity Phase
Prior to annuitization, you can surrender your Contract and
            receive your total Contract Value (less the final product fee, and any applicable final rider fee, contract maintenance charge, and withdrawal charge). If you surrender your Contract on any day other than a Term Start Date or Term End Date and
            you have Contract Value in the Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy, we apply the Daily Adjustment to these Index Option Values before we deduct the final Contract fees and expenses.
Annuity Payments offer a guaranteed lifetime income stream with
            certain tax advantages and are designed for Owners who no longer need immediate access to Contract Value to meet their short-term income needs.
You can apply your Contract Value to regular periodic fixed
            Annuity Payments. The Payee receives the Annuity Payments. You receive tax reporting on the payments, whether or not you are the Payee. We may require proof of the Annuitant(s)' age before we make any life contingent Annuity Payment. If you
            misstate the Annuitant(s)' age or gender, we recalculate the Annuity Payments based on the correct age or gender.
Calculating Your Annuity Payments
We base Annuity Payments upon the following:
•
The
                    Contract Value less the final product fee, and rider fee (if applicable) on the Annuity Date.
•
The age
                    of the Annuitant and any joint Annuitant on the Annuity Date.
•
The
                    gender of the Annuitant and any joint Annuitant where permitted.
•
The
                    Annuity Option you select.
•
Your Contract's interest rate (or current rates, if higher) and mortality table.
If the Annuity Date is not a Term End Date, Contract Value
            reflects the Daily Adjustment if you selected a 3-year or 6-year Term Index Option. We guarantee the dollar amount of Annuity Payments and this amount remains fixed and does not change during the entire annuity payout option period that you
            selected, except as provided under Annuity Option 3, or if your Income Payments under the Increasing Income payout option are converted to Annuity Payments. The contract maintenance charge is deducted proportionately from each Annuity Payment,
            unless your Contract Value on the last Business Day before the Annuity Date is at least $100,000.
Annuity Payment Options
You can choose one of the Annuity Options described below or any
            other payment option to which we agree. After Annuity Payments begin, you cannot change the Annuity Option.
Option 1. Life Annuity.
We make
              Annuity Payments during the life of the Annuitant, and the last payment is the one that is due before the Annuitant's death. If the Annuitant dies shortly after the Annuity Date, the Payee may receive less than your investment in the
              Contract.
Option 2. Life Annuity with Payments Over 5, 10, 15 or 20 Years
            Guaranteed.
We make Annuity Payments during the life of the Annuitant, with payments for a minimum guaranteed period that you select.
Option 3. Joint and Last Survivor Annuity.
We make Annuity Payments during the lifetimes of the Annuitant and the joint Annuitant. Upon the death of one Annuitant, Annuity Payments to the Payee continue during the lifetime of the surviving joint Annuitant,
              at a level of 100%, 75% or 50% selected by the Owner when he or she chose this Annuity Payment option. If both Annuitants die shortly after the Annuity Date, the Payee may receive less than your investment in the Contract.
Option 4. Joint and Last Survivor Annuity with Payments Over 5, 10,
            15 or 20 Years Guaranteed.
We make Annuity Payments during the lifetimes of the Annuitant and the joint Annuitant, with payments for a minimum guaranteed period that you select.
Option 5. Refund Life Annuity.
We
              make Annuity Payments during the lifetime of the Annuitant, and the last payment is the one that is due before the Annuitant's death. After the Annuitant's death, the Payee may receive a lump sum refund. The amount of the refund equals the
              amount applied to this Annuity Option minus the total paid under this option.
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Under Annuity Options 1, 3 and 5, if all Annuitants die on or
            after the Annuity Date and before we send the first Annuity Payment, we will cancel Annuity Payments and upon receipt of a Valid Claim we will pay the Contract Value determined on the Annuity Date to surviving individual Owner, or the
            Beneficiary(s) if there is no surviving Owner. If the Owner is a non-individual, we pay the Owner.
After the Annuitant's death under Annuity Option 2, or the last
            surviving joint Annuitant's death under Annuity Option 4, we make Annuity Payments during the remaining guaranteed period in the following order based on who is still alive: the Payee, any surviving original Owner, the last surviving Owner's
            Beneficiaries, or to the last surviving Owner's estate if there are no remaining or named Beneficiaries.
Annuity Payments are usually lower if you select an Annuity
            Option that requires us to make more frequent Annuity Payments or to make payments over a longer period of time. If you choose life contingent Annuity Payments, payout rates for a younger Annuitant are lower than the payout rates for an older
            Annuitant and payout rates for life with a guaranteed period are typically lower than life only payments. Monthly payout rates are lower than annual payout rates, payout rates for a 20-year guaranteed period are less than payout rates for a
            10-year guaranteed period, and payout rates for a 50-year-old Annuitant are less than payout rates for a 70-year-old Annuitant.
If you do not choose an Annuity Option before the Annuity Date, we make Annuity Payments to the Payee under Annuity Option 2 with ten years of guaranteed monthly
                    payments.
When Annuity Payments Begin
Annuity Payments begin on the Annuity Date. Your scheduled
            Annuity Date is the later of: a) the Index Anniversary that the Annuitant reaches age 90, or b) the tenth Index Anniversary, and is stated in your Contract. An earlier Annuity Date or a withdrawal may be required to satisfy minimum required
            distribution rules under certain Qualified Contracts.
You can make an authorized request for a different, earlier or later Annuity Date after the Issue Date, but any such request is subject to
              applicable law and our approval.
An earlier or later Annuity Date may not be available to you depending on the Financial Professional you purchase your Contract through and your state of residence. Your Annuity Date must be at least
            two years after the Issue Date and must occur on an Index Anniversary.
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•
If Annuity Payments
                      would be less than $100, we reserve the right to require you to take a full withdrawal and your Contract will then terminate.
•
If

                      on the Annuity Date (which may occur as early as age 90 or as late as age 100) your Contract Value is greater than zero, you must annuitize the Contract.
We notify you of your available options in writing 60 days in advance,
                    including the option to extend your Annuity Date if available.
If on your Annuity Date you have not selected an Annuity Option, we make payments under Annuity Option 2 with ten years of
                      guaranteed monthly payments.
Upon annuitization you no longer have Contract Value or a death benefit, and you cannot receive any other periodic withdrawals or payments other than Annuity Payments.
•
For

                      Contracts in the Income Period:
We will convert your Income Payments to Annuity Payments if your Contract Value is greater than zero and you take Annuity Payments under Annuity Option 1 or 3 as follows.
For single Income Payments, if you choose Annuity Option 1 (Life Annuity) the sole Covered Person becomes the sole Annuitant and your Annuity Payments are equal to the greater of:
–  annual Annuity Payments under Annuity Option 1 based on the Contract Value; or
–  the current annual maximum Income Payment available to you.
For joint Income Payments, if you choose Annuity Option 3 (Joint and Last Survivor Annuity) with Annuity Payments to continue at a level of 100% to the surviving joint Annuitant, the
                    joint Covered Persons become the joint Annuitants and your Annuity Payments are equal to the greater of:
–  annual Annuity Payments under Annuity Option 3 based on the Contract Value; or
–  the current annual maximum Income Payment available to you.
If you select any other Annuity Option, we will not convert your Income Payments to Annuity Payments.
This means you may receive less as Annuity
                      Payments than you would have received as Income Payments. You should consult with your Financial Professional before requesting Annuity Payments. On request we provide illustrations showing you the amount of Annuity Payments you could
                      receive.
If we convert your Income Payments to Annuity Payments:
–  On the Annuity Date we establish a "remaining value" equal to your Contract Value. Each Annuity Payment reduces the remaining value by the dollar amount paid. Upon the death of the
                    last surviving Annuitant, we will pay any remaining value to the named Beneficiary(s).
–  If you selected the Increasing Income payout option, your Annuity Payments will increase on each Index Anniversary if your selected Index Options receive a DPSC or Protection Credit
                    as described in section 9.
–  If you have a Non-Qualified Contract, these Annuity Payments will receive the benefit of the exclusion ratio, which causes a portion of each Annuity Payment to
                    be non-taxable as described in section 11, Taxes – Taxation of Annuity Contracts.
9.
Income
              Benefit
Removing the Income Benefit
You can remove the Income Benefit by completing the appropriate
            form. We remove this benefit from your Contract on the Index Anniversary (or on the next Business Day if the Index Anniversary is not a Business Day) that occurs immediately after we receive your request in Good Order at our Service Center, and
            the rider termination date is that Index Anniversary.
Your request is in Good Order if we receive this form no earlier
            than 30 calendar days before an Index Anniversary, but no later than five Business Days before the Index Anniversary. If we receive your request outside this time period, we ask you to resubmit it for the next Index Anniversary. On the rider
            termination date we deduct the final rider charge for the Income Benefit.
Requesting Income Payments
You request Income Payments by completing a payment election
            form. We must receive your Income Payment election form in Good Order at our Service Center no later than five Business Days before the Income Benefit Date. At least one Eligible Person must remain in the Contract and be alive on the Income
            Benefit Date in order for Income Payments to begin. Joint payments are only available if there are two Eligible Persons on the Income Benefit Date. If you have Contract Value in any of the Index Options with the Index Precision Strategy, Index
            Guard Strategy, or Index Performance Strategy, you must transfer this Contract Value to the Index Options with the Index Protection Strategy with DPSC or Index
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Protection Strategy with Cap when you request Income Payments. In addition, if you
            have Contract Value in a 3-year or 6-year Term Index Option and the Income Benefit Date is not a Term End Date, we will execute a Performance Lock for that Index Option if it is not locked and then immediately calculate and begin your Income
            Payments.
We will send you a notice letter at least 30 days before:
•
the
                    Index Anniversary that Income Payments can begin once the Eligible Person(s) reaches age 50,
•
the
                    last Index Anniversary that joint Income Payments will be available because the older Eligible Person is reaching age 100 if there are two Eligible Persons, and
•
the last Index Anniversary that Income Payments will be available because the younger Eligible Person is reaching age 100.
•
If
                      Income Payments do not begin by the Index Anniversary upon which the younger Eligible Person reaches age 100, the Income Benefit ends.
•
If the Income Benefit ends before Income Payments begin, you will have paid for the benefit without receiving any of its advantages.
Calculating Your Income Payments
The annual maximum Income Payment is the amount you are entitled
            to receive each Income Benefit Year. On the Income Benefit Date, if you select the Level Income payout option and all Covered Persons are age 80 or younger (and were age 75 or younger on the Issue Date) your initial annual maximum Income
            Payment is the greater of the following:
•
The
                    Level Income Guarantee Payment Percentage based on the Covered Person's current age (or the younger Covered Person's current age for joint payments) multiplied by total Purchase Payments adjusted for withdrawals. Withdrawals reduce
                    total Purchase Payments by the percentage of Contract Value withdrawn, determined at the end of each Business Day.
Withdrawals include all withdrawals (even Penalty-Free Withdrawals)
                      and any withdrawal charges, but not amounts we withdraw for other Contract fees and expenses.
•
The Lifetime Income Percentage for the payment type you select multiplied by the Contract Value determined at the end of the Business Day after we deduct the product fee, rider fee, and contract
                    maintenance charge and apply any Credits, but before we make any Income Payments or deduct Excess Withdrawals.
If the Covered Persons do not meet these age requirements (age 80
            or younger on the Income Benefit Date, and age 75 or younger on the Issue Date), or if you select the Increasing Income payout option, we instead calculate your initial annual maximum Income Payment as stated in the second bullet above (the
            Lifetime Income Percentage for the payment type you select multiplied by the Contract Value determined at the end of the Business Day after we deduct the product fee, rider fee, and contract maintenance charge and apply any Credits, but before
            we make any Income Payments or deduct Excess Withdrawals).
If you have Contract Value in a 3-year or 6-year Term Index Option and the Income Benefit Date is not a Term End Date, we will execute a Performance Lock for that
                    Index Option if it is not locked and then immediately calculate and begin your Income Payments.
This means you may not receive the full benefit of the Buffer that you would have received if you had
                      waited until the Term End Date to begin Income Payments.
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Level Income Guarantee Payment Percentage Table
Covered Person's age
(or younger Covered Person's age for joint payments)
on the Income Benefit Date
Level Income Guarantee
Payment Percentage
50
2.23%
51
2.28%
52
2.33%
53
2.39%
54
2.44%
55
2.50%
56
2.57%
57
2.64%
58
2.71%
59
2.78%
60
2.86%
61
2.95%
62
3.04%
63
3.13%
64
3.23%
65
3.34%
66
3.45%
67
3.58%
68
3.71%
69
3.85%
70
4.00%
71
4.17%
72
4.35%
73
4.55%
74
4.77%
75
5.00%
76
5.27%
77
5.56%
78
5.89%
79
6.25%
80
6.67%
On the Income Benefit Date, if your initial annual maximum Income
            Payment is less than $100, the Income Benefit ends and you will have paid for the benefit without receiving any of its advantages.
For example, assuming a 4% Lifetime Income Percentage and Contract Value less
              than $2,500, this would result in an initial annual maximum Income Payment of less than $100.
You can receive Income Payments monthly, quarterly,
            semi-annually, or annually. If the scheduled payment date does not fall on a Business Day, we make the payment on the next Business Day.
You can change your payment frequency once each Income Benefit
            Year while your Contract Value is positive. We must receive your request to change your Income Payment frequency in Good Order at our Service Center no later than five Business Days before the Income Benefit Anniversary. If the change is
            available, we implement it on the Income Benefit Anniversary and it remains in effect until the benefit ends or you request another change. We do not accept payment frequency changes that would cause us to make payments of $0.01 to $99.99.
The annual maximum Income Payment is the amount you are entitled
            to, but you can choose to take less. The annual actual Income Payment is the total amount you choose to receive each year. Each scheduled Income Payment you receive is equal to the annual actual Income Payment divided by the number of payments
            you chose to receive during the Income Benefit Year. Each scheduled Income Payment must either be zero, or $100 or more. For example, you cannot request a scheduled payment of $50.
Any part of your annual maximum payment that you do not withdraw
            in a given Income Benefit Year is not added to the annual maximum payment available next year. However, if your actual Income Payment is less than your annual maximum payment, you can withdraw the difference and we consider that withdrawal to
            be an additional actual Income Payment, and
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not an Excess Withdrawal. For example, assume your annual maximum Income Payment
            is $2,000 and you take a scheduled Income Payment of $1,000. Within an Income Benefit Year, you can take an additional withdrawal of up to $1,000 and we consider that to be an additional scheduled Income Payment. If you withdraw $1,200, we
            consider the first $1,000 to be an additional scheduled Income Payment and the next $200 to be an Excess Withdrawal.
If you would like to take less than the maximum available
            payment, you can change your payment amount once each Income Benefit Year while your Contract Value is positive. We must receive your request to change your Income Payment amount in Good Order at our Service Center no later than five Business
            Days before the Income Benefit Anniversary. If the change is available, we implement it on the Income Benefit Anniversary and it remains in effect until the Income Benefit ends or you request another change.
If on a Business Day that we are deducting an Income Payment your
            Contract Value is less than the payment amount, we will add the difference between these amounts to your Contract Value and then deduct the Income Payment which will reduce your Contract Value to zero. If your Contract Value reduces to zero
            during the Income Period for any reason other than an Excess Withdrawal or annuitization that does not convert your Income Payments to Annuity Payments, you will continue to receive your maximum available Income Payment at the previous selected
            payment frequency until the earlier of the death of the Owner or last surviving Covered Person. If you select Increasing Income you can continue to receive payment increases based on Index Option performance. However, if you select Level Income
            your Income Payments will no longer increase.
We deduct each Income Payment, Excess Withdrawal, and any
            additional payment resulting from a required minimum distribution, proportionately from the Index Options. You can continue to make transfers between the Index Options on Term End Dates while your benefit is in effect and the Contract Value is
            positive. If you select Increasing Income you can continue to change your Index Option allocations after the Contract Value reduces to zero as long as the Income Benefit is in effect.
•
For

                      Qualified Contracts:
If we calculate a required minimum distribution (RMD) based on this Contract, after making all Income Payments for the calendar year we determine whether this calendar year's total RMD has been satisfied by
                    these payments and any Excess Withdrawals. If the RMD amount for this Contract has not been satisfied, we send you this remaining amount as one RMD payment by the end of the calendar year. We consider this payment to be a withdrawal,
                    but it is not an Excess Withdrawal and it is not subject to a withdrawal charge.
•
For annuitization:
If on the Annuity Date you are receiving Income Payments and your Contract Value is positive, we will convert your Income Payments to Annuity Payments if you take Annuity Payments
                    under Annuity Option 1 or 3. If you select any other Annuity Option, we will not convert your Income Payments to Annuity Payments.
This means that if you annuitize your Contract you may receive less as
                      Annuity Payments than you would have received as Income Payments.
For more information, see section 8, The Annuity Phase – When Annuity Payments Begin.
Lifetime Income Percentage Calculation Example
Assume you are the sole Owner, you are not married, and your
            initial Purchase Payment is $20,000. You only select 1-year Term Index Options. You are not married so you are also the only Eligible Person. The Income Payment waiting period is one Index Year. On the Index Effective Date you are age 54, your
            Income Percentage Increase is 0.25%, and your initial Lifetime Income Percentages are equal to the Income Percentages for single payments, which are 4.20% for Level Income, and 3.20% for Increasing Income.
On the first Index Anniversary we apply your first Income
            Percentage Increase. Your new Lifetime Income Percentages for single payments are 4.45% (4.20% + 0.25%) for Level Income and 3.45% (3.20% + 0.25%) for Increasing Income.
Assume you make an additional Purchase Payment of $2,000 in the
            fourth Index Year. On the fourth Index Anniversary:
•
you are
                    age 58 and the Income Percentages are 4.60% for Level Income, and 3.60% for Increasing Income,
•
the
                    Variable Account Value for the additional Purchase Payment is now $2,002.50, and
•
the Contract Value after application of the additional Purchase Payment, Credits and
after
deducting all Contract fees and expenses is
                    $25,000.
We calculate your new Lifetime Income Percentages for single
            payments on the fourth Index Anniversary as follows.
•
Lifetime
                    Income Percentages for the initial Purchase Payment are now 5.20% (4.20% + (0.25% x 4)) for Level Income and 4.20% (3.20% + (0.25% x 4)) for Increasing Income.
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•
Lifetime
                    Income Percentages for the additional Purchase Payment are 4.60% for Level Income and 3.60% for Increasing Income.
•
The Variable Account Value's percentage of total Contract Value is 8.01% ($2,002.50 ÷ $25,000), which means the initial Purchase Payment is 91.99% of total Contract Value (100% - 8.01%).
The final Lifetime Income Percentages on the fourth Index
            Anniversary are then:
–
for
                    Level Income: (5.20% x 91.99%) + (4.60% x 8.01%) = 4.78% + 0.37% = 5.15%
–
for Increasing Income: (4.20% x 91.99%) + (3.60% x 8.01%) = 3.86% + 0.29% = 4.15%
If you begin Income Payments on the fourth Index Anniversary we
            calculate the annual maximum Income Payment as follows.
If you select Level Income, you receive the greater of….
If you select Increasing Income, you receive…
• Level Income Guarantee Payment Percentage multiplied by total Purchase Payments adjusted for
                    withdrawals, or: (2.71% x $22,000) = $596.20
• Lifetime Income Percentage multiplied by the Contract Value, or: (5.15% x $25,000) =
$1,287.50
• Lifetime Income Percentage multiplied by the Contract Value, or: (4.15% x $25,000) =
$1,037.50
We apply the Level Income Guarantee Payment Percentage in this
            calculation because you were 75 or younger when you purchased the Contract and are age 80 or younger on the Income Benefit Date. On the Income Benefit Date your Level Income Guarantee Payment Percentage based on your current age of 58 is 2.71%,
            and your total Purchase Payments adjusted for withdrawals is $22,000 (your $20,000 initial payment plus the $2,000 we received in the fourth Index Year). The annual maximum Income Payment calculation and Level Income Guarantee Payment
            Percentage are discussed in "Calculating Your Income Payments" next in this section.
If you had not made the additional Purchase Payment your Lifetime
            Income Percentages would have been higher (5.20% compared to 5.15% for Level Income, and 4.20% compared to 4.15% for Increasing Income), but the available annual maximum Income Payment would be lower because the Contract Value would not include
            the increase from the additional Purchase Payment. If you had not made the additional Purchase in the fourth Index Year your Contract Value would have been $22,997.50 ($25,000 - $2,002.50) and we calculate your annual maximum Income Payment as
            follows.
If you select Level Income, you receive the greater of….
If you select Increasing Income, you receive…
• Level Income Guarantee Payment Percentage multiplied by total Purchase Payments adjusted for
                    withdrawals, or: (2.71% x $20,000) = $542.00
• Lifetime Income Percentage multiplied by the Contract Value, or: (5.20% x $22,997.50) =
$1,195.87
• Lifetime Income Percentage multiplied by the Contract Value, or: (4.20% x $22,997.50) =
$965.90
Example of when the Level Income Guarantee Payment Percentage may
            increase the initial Income Payment
Assume you are the sole Owner, you are not married, and your
            initial Purchase Payment is $100,000. You are age 65 on the Index Effective Date and your initial Income Percentage under Level Income is 5.70% with a 0.40% Income Percentage Increase. You take no withdrawals before requesting Income Payments.
            You begin Income Payments on the fifth Index Anniversary and select the Level Income payout option. On the Income Benefit Date you are age 70, your Lifetime Income Percentage is 7.70% and your Level Income Guarantee Payment Percentage is 4.00%.
When it
increases
the initial Income Payment
When it does
not
increase the initial Income Payment
• Assume your Contract Value decreases to $50,000 due to negative performance. You would
                    receive the greater of:
– Level Income Guarantee Payment Percentage multiplied by total Purchase Payments adjusted for withdrawals, or: (4.00% x $100,000) =
$4,000.00
– Lifetime Income Percentage multiplied by the Contract Value, or: (7.70% x $50,000) = $3,850
• Assume your Contract Value decreases to $70,000 due to negative performance. You would receive the greater of:
– Level Income Guarantee Payment Percentage multiplied by total Purchase Payments adjusted for withdrawals, or: (4.00% x $100,000) = $4,000.00
– Lifetime Income Percentage multiplied by the Contract Value, or: (7.70% x $70,000) =
$5,390
Please note that these examples may differ from your actual results
            due to rounding.
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Excess Withdrawals
Excess Withdrawals include any applicable withdrawal charge, but
            do not include amounts we withdraw for other Contract fees and expenses. Any partial Excess Withdrawal must comply with the restrictions in section 7, Access to Your Money and the following provisions. If your Contract Value is less than
            $2,000, you can only withdraw the total remaining Contract Value (less any final product fee, rider fee or contract maintenance charge),
which will cause Income Payments to stop and the
              Contract to end
. Also, if at the end of the Business Day that we process your Excess Withdrawal your Contract Value is less than $2,000, you must withdraw the total remaining Contract Value (less any final product fee, rider fee or
            contract maintenance charge),
which will cause Income Payments to stop and the Contract to end
.
Excess Withdrawals reduce your annual maximum Income Payment on
            the next Income Benefit Anniversary after the withdrawal. For each Excess Withdrawal, we reduce your annual maximum payment by the same percentage that we reduced the Contract Value.
If partial Excess
              Withdrawals reduce your annual maximum Income Payment to less than $100, we send you the total remaining Contract Value (less any final product fee, rider fee or contract maintenance charge),
which will cause Income Payments to stop and the Contract to end
.
Excess Withdrawal Example
These calculations show the effects of an Excess Withdrawal on
            the Contract Value, available Guaranteed Death Benefit Value and Income Payments. Partial Excess Withdrawals (including any withdrawal charges, but not amounts we withdraw for other Contract fees and expenses) immediately reduce the Contract
            Value on a dollar for dollar basis, and reduce the Guaranteed Death Benefit Value by the percentage of Contract Value withdrawn. Partial Excess Withdrawals also reduce the annual maximum Income Payment on the next Income Benefit Anniversary.
The example assumes an Excess Withdrawal of $5,000 to pay
            financial adviser fees  when the Contract Value is $100,000, and the Guaranteed Death Benefit Value under the Traditional Death Benefit is $90,000, or $105,000 under the Maximum Anniversary Value Death Benefit. All fractional numbers in these
            examples have been rounded up to the next whole number.
Excess
Withdrawal
Contract
Value
Guaranteed Death Benefit
Value for a Contract with the
Traditional Death Benefit
Guaranteed Death Benefit Value
for a Contract with the
Maximum Anniversary Value
Death Benefit
Next anniversary's
annual maximum
Income Payment
Prior to withdrawal
$ 100,000
$ 90,000
$ 105,000
$ 4,800
$5,000 withdrawal
– ($5,000/ 100,000)
– ($5,000/ 100,000)
– ($5,000/ 100,000)
x 90,000)]
x 105,000)]
x 4,800)]
– $5,000
= – $4,500
= – $5,250
= – $240
After withdrawal
$ 95,000
$ 85,500
$ 99,750
$ 4,560
Automatic Annual Income Payment Increases
If you select Level Income, the available annual maximum Income
            Payment will increase only if your Contract Value increases from one Income Benefit Anniversary (or the Income Benefit Date if this is the first Income Benefit Anniversary) to the next and you took the maximum permitted payment during the prior
            Income Benefit Year. This increase is equal to the percentage of growth between these two Contract Values. For example, if the Contract Value increased by 1.5%, we also increase your annual maximum Income Payment by 1.5%. When calculating this
            payment increase we use the Contract Value determined at the end of the Business Day after we deduct the product fee, rider fee, and contract maintenance charge and apply any Credits, but before we make any Income Payments or deduct Excess
            Withdrawals. If the Income Benefit Date or an Income Benefit Anniversary does not occur on a Business Day, we use Contract Values from the next Business Day. Payment increases are not likely under this payment option, especially in later Income
            Benefit Years, because only the Index Protection Strategy with DPSC and Index Protection Strategy with Cap are available (which have the lowest return potential) and your performance has to be greater than the Income Payments, any Excess
            Withdrawals, and Contract fees and expenses. However, Lifetime Income Percentages on the Income Benefit Date are generally higher under Level Income compared to Increasing Income.
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If we increase the Contract Value to equal the death benefit due to a spousal continuation of the Contract during the last Income Benefit Year, we also subtract
                    the amount of this increase from the Contract Value on the next Income Benefit Anniversary when determining annual payment increases under the Level Income option.
If you select Increasing Income, the available annual maximum
            Income Payments will increase on each Income Benefit Anniversary if your selected Index Option(s) receives a DPSC or Protection Credit. If you select multiple Index Options, we take the weighted average of all DPSCs and Protection Credits based
            on the percentage of Contract Value in each of your selected Index Options to determine your payment increase as indicated in the example below. When calculating this payment increase we use the Contract Value determined at the end of the
            Business Day before we deduct any Contract fees or expenses, apply any Credits, make any Income Payments, or deduct Excess Withdrawals. If the Income Benefit Date or an Income Benefit Anniversary does not occur on a Business Day, we use
            Contract Values from the next Business Day. Payment increases can continue even if your Contract Value reduces to zero or if your Income Payments are converted to Annuity Payments as described in section 8, The Annuity Phase – When Annuity
            Payments Begin.
Example
Assume you allocate 20% to the Index Protection Strategy with the
            DPSC using the S&P 500
®
Index and 80% to the Index Protection Strategy with the Cap using the EURO STOXX 50
®
on the Income Benefit Date.
On the second Income Benefit Anniversary, the Index Protection
            Strategy with the DPSC Index Option receives a 3.5% DPSC and the Index Protection Strategy with the Cap Index Option receives a 4.2% Protection Credit. On this anniversary, before we deduct Contract fees and expenses, apply Credits or make
            Income Payments, 21.5% of your total Contract Value is in Index Protection Strategy with the DPSC Index Option, and 78.5% of your Contract Value is in Index Protection Strategy with the Cap Index Option.
Your annual maximum Income Payment on the second Income Benefit
            Anniversary will increase by 4.05% ((3.5% x 21.5%) + (4.2% x 78.5%)).
Taxation of Income Payments
We treat Income Payments as withdrawals for tax purposes while
            your Contract Value is positive, and once your Contract Value is reduced to zero we intend to treat Income Payments as Annuity Payments for tax purposes. For more information, see section 11, Taxes – Taxation of Income Payments.
When the Income Period Ends
The Income Period ends when we make the last Income Payment.
            Income Payments can continue for the life of the Covered Person(s) if you do not take more than your allowed annual maximum payment.
When the Income Benefit Ends
The Income Benefit ends on the earliest of the following.
•
During
                    the Accumulation Phase and before the Income Period, the Business Day we process your request to remove this benefit from your Contract (the rider termination date).
•
The
                    Business Day all Eligible Persons or Covered Persons are removed from the Contract because they no longer meet the requirements (Owner, Annuitant or sole Beneficiary) stated in section 3. If this occurs after the Income Benefit Date,
                    Income Payments stop when the last Covered Person is removed from the Contract.
•
The
                    Index Anniversary upon which the younger Eligible Person reaches age 100 if it occurs before the Income Benefit Date.
•
The
                    Business Day we process your request for a full withdrawal, other than a full withdrawal caused by an Income Payment.
•
The
                    Income Benefit Date or an Income Benefit Anniversary if the annual maximum Income Payment is less than $100.
•
Upon
                    the death of an Owner (or Annuitant if the Owner is a non-individual), the end of the Business Day we first receive a Valid Claim from any one Beneficiary. However, if a federally recognized spouse is an Eligible Person or Covered
                    Person and continues this Contract, the Income Benefit also continues.
•
During
                    the Accumulation Phase and before the Income Benefit Date, the Income Benefit ends on the date of death of the last surviving Eligible Person.
•
During
                    the Income Period, the Income Benefit ends on the date of death of the last surviving Covered Person.
•
The Business Day the Contract ends.
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10.
Death
              Benefit
"You" in this section refers to the Owner, or the Annuitant if
            the Contract is owned by a non-individual.
The Contract provides the Traditional Death Benefit. If
            available, you can instead select the Maximum Anniversary Value Death Benefit at Contract issue for an additional rider fee if all Owners and the Annuitant are age 75 or younger. The Maximum Anniversary Value Death Benefit can only be added to
            a Contract at issue.
The Maximum Anniversary Value Death Benefit cannot be less than the Traditional Death Benefit, but they may be equal. Please discuss this benefit's appropriateness with your Financial
              Professional.
The death benefit is only available during the Accumulation
            Phase (and Income Period, if applicable).
If you or the Determining Life (Lives) die during the Accumulation Phase, we process the death benefit using prices determined after we receive the required
              information, which is either a Valid Claim or due proof of death as stated here. (For information on due proof of death see the Glossary – Valid Claim). If we receive this information at or after the end of the current Business Day, we use
              the next Business Day's prices.
If there are multiple Beneficiaries, each Beneficiary receives
            the portion of the death benefit he or she is entitled to when we receive his or her Valid Claim. If a Beneficiary dies before you or the Designated Life, that Beneficiary's interest in this Contract ends unless your Beneficiary designation
            specifies otherwise. If there are no remaining Beneficiaries, or no named Beneficiaries, we pay the death benefit to your estate, or if the Owner is a non-individual, to the Owner. Unless you instruct us to pay Beneficiaries a specific
            percentage of the death benefit, each Beneficiary receives an equal share.
Each Beneficiary's portion of the death benefit remains in the
            Index Options based on the allocation instructions that were in effect on the date of death until we receive his or her Valid Claim and we either pay the claim or the Beneficiary provides alternate allocation instructions. If there is Variable
            Account Value in the AZL Government Money Market Fund on the date of death, it remains there until the earlier of the next Index Anniversary, or the date we receive a Valid Claim. If an Index Anniversary occurs before we receive a Valid Claim,
            we will transfer that Beneficiary's portion of the Variable Account Value to the Index Options based on the allocation instructions that were in effect on the date of death.
From the time we determine the death benefit until we make a
            complete distribution, any amount in the Index Options and the AZL Government Money Market Fund continues to be subject to investment risk that is borne by the recipient(s). Once we receive notification of death, we may no longer accept or
            process transfer requests. After we receive the first Valid Claim from any Beneficiary we also will not accept additional Purchase Payments or allow any partial or full withdrawals unless the withdrawal is required to comply with federal tax
            law.
On the first death of a Determining Life during the Accumulation
            Phase, if your selected death benefit is in effect your Beneficiary(s) will receive the greater of the Contract Value or Guaranteed Death Benefit Value. The Guaranteed Death Benefit Value is either:
•
total
                    Purchase Payments adjusted for withdrawals if you select the Traditional Death Benefit, or
•
the Maximum Anniversary Value if you select the Maximum Anniversary Value Death Benefit.
If the date we are determining the death benefit is not the Term
            End Date and you selected the Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy, the Contract Value reflects the Daily Adjustment. Withdrawals reduce your Guaranteed Death Benefit Value by the percentage of Contract
            Value withdrawn, determined at the end of each Business Day.
Withdrawals include all withdrawals (even Penalty-Free Withdrawals) and any withdrawal charges, but not amounts we withdraw for
              other Contract fees and expenses.
Maximum Anniversary Value
The Maximum Anniversary Value is initially equal to the Purchase
            Payment received on the Issue Date. At the end of each Business Day, we adjust the Maximum Anniversary Value as follows.
•
We
                    increase it by the amount of any additional Purchase Payments.
•
We reduce it by the percentage of any Contract Value withdrawn.
If the Index Effective Date occurs after the Issue Date, the
            Maximum Anniversary Value on the Index Effective Date is calculated in the same way as on an Index Anniversary.
On each Index Anniversary before the end date (or on the next
            Business Day if the Index Anniversary is not on a Business Day) the Maximum Anniversary Value is equal to the greater of:
•
its
                    current value after processing any additional Purchase Payments or withdrawals, or
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•
the
                    Contract Value determined at the end of the Business Day after we process all daily transactions including Credits, any additional Purchase Payments or withdrawals, and amounts we withdraw for Contract expenses. Contract Value reflects
                    the Daily Adjustment if you select a 3-year or 6-year Term Index Option and this anniversary is not a Term End Date.
On and after the end date, we no longer make this comparison and
            we no longer capture any annual investment gains in the Maximum Anniversary Value.
The end date occurs on the earliest of:
•
the
                    older Determining Life's 91st birthday, or
•
the end of the Business Day we receive the first Valid Claim from any one Beneficiary.
During the Income Period:
•  You cannot make additional
                    Purchase Payments. If your Contract includes the Traditional Death Benefit this means the Guaranteed Death Benefit Value no longer increases.
•  Index Precision Strategy, Index
                    Performance Strategy, and Index Guard Strategy are no longer available. This may limit your Contract's performance potential and the Guaranteed Death Benefit Value if your Contract includes the Maximum Anniversary Value Death Benefit.
                    Income Payments and Excess Withdrawals also decrease your Contract Value, which also reduces the likelihood of locking in investment gains to the Guaranteed Death Benefit Value if your Contract includes the Maximum Anniversary Value
                    Death Benefit.
•  Each Income
                    Payment and any Excess Withdrawal reduces the Guaranteed Death Benefit Value by the percentage of Contract Value withdrawn (including any withdrawal charge)
, which means this value may
                      be reduced by more than the amount withdrawn
.
Taking Income Payments and Excess Withdrawals may also cause your selected death benefit to end prematurely.
What Happens Upon Death?
If you are the Determining Life, or if you and the Determining
            Life (Lives) are different individuals and die simultaneously as defined by applicable state law or regulation, we determine the Guaranteed Death Benefit Value at the end of the Business Day we receive a Valid Claim. For multiple Beneficiaries,
            each surviving Beneficiary receives the greater of their portion of the:
•
Guaranteed
                    Death Benefit Value determined at the end of the Business Day we receive the first Valid Claim from any one Beneficiary, or
•
Contract Value determined at the end of the Business Day during which we receive his or her Valid Claim.
If you and the Determining Life (Lives) are different individuals
            and do not die simultaneously as defined by applicable state law or regulation, the death benefit is as follows.
This can only occur if you change the Owner after the Issue Date.
•
If a
                    Determining Life dies before you, we do not pay a death benefit to the Beneficiary(s) but we may increase the Contract Value if the Traditional Death Benefit or Maximum Anniversary Value Death Benefit are still in effect
. At the end of the Business Day we receive due proof of a Determining Life's death we increase the Contract Value to equal the Guaranteed Death Benefit Value if greater,
and your selected death benefit ends
. We allocate any Contract Value increase to the AZL Government Money Market Fund. Then on the next Index Anniversary we transfer
                      the Variable Account Value to the Index Options according to your Purchase Payment default instructions.
•
Upon your death your Beneficiary(s) receive the Contract Value determined at the end of the Business Day during which we receive each Beneficiary's Valid Claim.
The Traditional Death Benefit and Maximum Anniversary Value Death
            Benefit end upon the earliest of the following.
•
The
                    Business Day before the Annuity Date.
•
The
                    Business Day that the Guaranteed Death Benefit Value and Contract Value are both zero.
•
Upon
                    the death of a Determining Life, the end of the Business Day we receive a Valid Claim from all Beneficiaries if you and the Determining Life are the same individuals, or if you and the Determining Life (Lives) are different individuals
                    and die simultaneously as defined by applicable state law or regulation.
•
Upon the death of a Determining Life, the end of the Business Day we receive due proof of the Determining Life's death if you and the Determining Life (Lives) are different individuals and do not die
                    simultaneously as defined by applicable state law or regulation.
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•
Upon
                    the death of an Owner (or Annuitant if the Owner is a non-individual), the end of the Business Day we receive the first Valid Claim from any one Beneficiary, if the Owner (or Annuitant) is no longer a Determining Life.
•
The Business Day the Contract ends.
We base the Guaranteed Death Benefit Value on the first death of a Determining Life (or Lives). This means that upon the death of an Owner (or Annuitant if the Owner is a
                    non-individual),
if a surviving spouse continues the Contract:
•  the Guaranteed Death Benefit
                    Value is no longer available, and
•  if you selected the Maximum
                    Anniversary Value Death Benefit, we no longer assess its 0.20% rider fee.
Also, if you and the Determining Life (Lives) are different individuals and you die first, the Guaranteed Death Benefit Value is not available to your
                    Beneficiary(s).
Death of the Owner and/or Annuitant
The Appendix A to the Form N-4 SAI includes tables that are
            intended to help you better understand what happens upon the death of any Owner and/or Annuitant under the different portions of the Contract.
Death Benefit Payment Options During the Accumulation Phase
Each Beneficiary must select one of the death benefit payment
            options listed below.
If a Beneficiary requests a lump sum payment under Option A, we
            pay that Beneficiary within seven days of receipt of his or her Valid Claim, unless the suspension of payments or transfers provision is in effect. Payment of the death benefit may be delayed, pending receipt of any state forms.
Spousal Continuation:
If the
              Beneficiary is the deceased Owner's spouse, he or she can choose to continue the Contract with the portion of the death benefit the spouse is entitled to in his or her own name. For an IRA, Roth IRA, or SEP IRA Contract, spousal continuation
              can only occur if the surviving spouse is the Contract's sole primary Beneficiary. For non-individually owned Contracts, spousal continuation is only available to Qualified Contracts through a direct rollover to an IRA.
Spouses must
            qualify as such under federal law to continue the Contract.
Individuals who have entered into a registered domestic partnership, civil union, or other similar relationship that is not considered to be a
              marriage under state law are also not considered to be married under federal law. An election by the spouse to continue the Contract must be made on the death claim form before we pay the death benefit. If the deceased Owner was a Determining
              Life and the surviving spouse Beneficiary continues the Contract, at the end of the Business Day we receive his or her Valid Claim we increase the Contract Value to equal the Guaranteed Death Benefit Value if greater and available, and your
              selected death benefit ends. We allocate any Contract Value increase to the AZL Government Money Market Fund. Then on the next Index Anniversary we transfer it to the Index Options according to Purchase Payment default instructions. If the
              surviving spouse continues the Contract:
•
he or
                    she becomes the new Owner and may exercise all of the Owner's rights, including naming a new Beneficiary or Beneficiaries;
•
he or
                    she is subject to any remaining withdrawal charge; and
•
upon the surviving spouse's death their Beneficiary(s) receive the Contract Value determined at the end of the Business Day during which we receive a Valid Claim from each Beneficiary.
Death Benefit Payment Options
Option A:
Lump sum payment of the
              death benefit.
Option B:
Payment of the entire
              death benefit within five years of the date of any Owner's death. The Beneficiary can continue to make transfers between Index Options and is subject to the product fee.
Option C:
If the Beneficiary is
              an individual, payment of the death benefit as Annuity Payments under Annuity Options 1, 2, or 5. If you take the death benefit as Annuity Payments we do not require that the Annuity Date occur on an Index Anniversary. In addition, if the
              Annuity Date is not a Term End Date, we will execute a Performance Lock before before we make Annuity Payments. With our written consent other options may be available for payment over a period not extending beyond the Beneficiary's life
              expectancy under which the Beneficiary can continue to make transfers between Index Options and is subject to the product fee.
Option C may not be available on a Qualified Contract.
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Distribution from Non-Qualified Contracts must begin within one
            year of the date of the Owner's death. Any portion of the death benefit from Non-Qualified Contracts not applied to Annuity Payments within one year of the date of the Owner's death must be distributed within five years of the date of death.
If a Non-Qualified Contract is owned by a non-individual, then we
            treat the death of an Annuitant as the death of an Owner for purposes of the Code's distribution at death rules, which are set forth in Section 72(s) of the Code.
In all events, notwithstanding any provision to the contrary in
            the Contract or this prospectus, a Non-Qualified Contract is interpreted and administered in accordance with Section 72(s) of the Code.
Other rules may apply to Qualified Contracts, such as all
            distributions must be made to Beneficiaries by the end of the tenth year after the Owner's death, except for distributions made to certain eligible designated Beneficiaries.
11.
Taxes
This section provides a summary explanation of the tax
            ramifications of purchasing a Contract. More detailed information about product taxation is contained in the Statement of Additional Information, which is available by calling the toll-free telephone number at the back of this prospectus.
We do not provide individual tax advice. You should contact your tax adviser to discuss this Contract's effects on your personal tax situation.
Qualified and Non-Qualified Contracts
You can purchase either a Qualified Contract or a Non-Qualified
            Contract. A Qualified Contract is purchased pursuant to a specialized provision of the Code. For example, a Contract may be purchased pursuant to Section 408 of the Code as an IRA.
Qualified Contracts are subject to certain restrictions,
            including restrictions on the amount of annual contributions, restrictions on how much you can earn and still be able to contribute to a Qualified Contract, and specialized restrictions on withdrawals. Qualified Contracts must be purchased from
            earned income from the relevant year or years, or from a rollover or transfer from a qualified contract. An IRA to IRA indirect rollover can occur only once in any twelve-month period from all of the IRAs you currently own.
Currently, we offer the following types of Qualified Contracts.
Type of Contract
Persons and Entities that can buy the Contract
IRA
Must have the same individual as Owner and Annuitant.
Roth IRA
Must have the same individual as Owner and Annuitant.
Simplified Employee Pension (SEP) IRA
Must have the same individual as Owner and Annuitant.
Certain Code Section 401 Plans
A qualified retirement plan is the Owner and the Annuitant must be an individual.
We may determine which types of qualified retirement plans are eligible to purchase this Contract.
If you purchase a Qualified Contract, you already receive the
            benefit of tax deferral through the qualified plan, and so you should purchase this Contract for purposes other than tax deferral.
You can instead purchase a Non-Qualified Contract, which is not
            qualified pursuant to a specialized provision of the Code. There are no Code restrictions on annual contributions to a Non-Qualified Contract or how much you can earn and still contribute to a Contract.
Taxation of Annuity Contracts
The Contract has the following tax characteristics.
•
Taxes
                    on earnings are deferred until you take money out. Non-Qualified Contracts owned by corporations or partnerships do not receive income tax deferral on earnings.
•
When
                    you take money out of a Non-Qualified Contract, earnings are generally subject to federal income tax and applicable state income tax. All pre-tax money distributed from Qualified Contracts are subject to federal and state income tax,
                    but qualified distributions from Roth IRA Contracts are not subject to federal income tax. This prospectus does not address specific state tax laws. You should discuss state taxation with your tax adviser.
•
Taxable distributions are subject to an ordinary income tax rate, rather than a capital gains rate.
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•
Distributions
                    from Non-Qualified Contracts are considered investment income for purposes of the Medicare tax on investment income. Thus, in certain circumstances, a 3.8% tax may apply to some or all of the taxable portion of distributions (e.g.
                    earnings) to individuals whose income exceeds certain threshold amounts ($200,000 for filing single, $250,000 for married filing jointly and $125,000 for married filing separately.) Please consult a tax adviser for more information.
•
If you
                    take partial withdrawals from your Non-Qualified Contract, the withdrawals are generally taxed as though you were paid taxable earnings first, and then as a non-taxable return of Purchase Payments.
•
If you
                    annuitize your Non-Qualified Contract and receive a stream of Annuity Payments, you receive the benefit of the exclusion ratio. The exclusion ratio is a calculation that causes a portion of each Annuity Payment to be non-taxable, based
                    upon the percentage of your Contract Value that is from Purchase Payments. Purchase Payments are treated as a non-taxable return of principal, whereas earnings are taxable.
•
If you
                    take partial withdrawals or annuitize a Qualified Contract, you will be responsible for determining what portion, if any, of the distribution consists of after-tax money.
•
Income
                    Payments are taxed as partial withdrawals.
•
If you
                    take out earnings before age 59
1
⁄
2
, you may be subject to a 10% additional federal tax,
                    unless you take a lifetime annuitization of your Contract or you take money out in a stream of substantially equal payments over your expected life in accordance with the requirements of the Code. If the Contract is jointly owned, we
                    send one check payable to both Joint Owners and tax each Joint Owner individually.
This can create a discrepancy in taxation if only one Joint Owner is under age 59
1
⁄
2
because that Joint Owner will be subject to the 10% additional federal tax.
•
A
                    pledge, assignment, or ownership change of a Contract may be treated as a taxable event. You should discuss any pledge, assignment, or ownership change of a Contract with your tax adviser.
•
If you
                    purchase multiple non-qualified deferred annuity contracts from an affiliated group of companies in one calendar year, these contracts are treated as one contract for purposes of determining the tax consequences of any distribution.
•
Death
                    benefit proceeds from Non-Qualified Contracts are taxable to the beneficiary as ordinary income to the extent of any earnings. Death benefit proceeds must be paid out in accordance with the requirements of the Code.
•
Depending
                    upon the type of Qualified Contract you own, required minimum distributions (RMDs) must be satisfied when you reach a certain age. If you enroll in our minimum distribution program, we make RMD payments to you that are designed to meet
                    this Contract's RMD requirements.
•
When you take money out of a Contract, we may deduct premium tax that we pay on your Contract. This tax varies from 0% to 3.5%, depending on your state. Currently, we pay this tax and do not pass it on
                    to you.
Taxation of Income Payments
We treat Income Payments as withdrawals for tax purposes while
            your Contract Value is positive. This means that, for Non-Qualified Contracts,
gains from the entire Contract are considered to be distributed first and are subject to ordinary income tax.
Purchase
            Payments are distributed after gains have been paid out and are generally considered to be a return of your investment and are not subject to income tax. While tax law is not entirely clear as to the proper tax treatment, once your Contract
            Value is reduced to zero we intend to treat Income Payments as Annuity Payments for tax purposes. For Qualified Contracts, the total Income Payment is most likely subject to ordinary income tax. If you are taking withdrawals from the Contract
            to satisfy the requirements for substantially equal periodic payments under Section 72(t) or 72(q) of the Code and you begin Income Payments before the required series of withdrawals is complete, you may incur additional penalties, including a
            10% additional federal tax. If you begin Income Payments before age 59
1
⁄
2
the payments will
            generally be subject to a 10% additional federal tax. In addition, if the Contract is jointly owned, we send one check payable to both Joint Owners and tax each Joint Owner individually
which
              can create a discrepancy in taxation if only one Joint Owner is under age 59
1
⁄
2
because that Joint Owner will be subject to the 10% additional federal tax.
Tax-Free Section 1035 Exchanges
Subject to certain restrictions, you can make a "tax-free"
            exchange under Section 1035 of the Code for all or a portion of one non-qualified annuity contract for another, or all of a life insurance policy for a non-qualified annuity contract. Before making an exchange, you should compare both contracts
            carefully. Remember that if you exchange a life insurance policy or annuity contract for the Contract described in this prospectus:
•
you
                    might have to pay a withdrawal charge on your previous contract,
•
there is a new withdrawal charge period for this Contract,
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•
other
                    fees and expenses under this Contract may be higher (or lower),
•
the
                    benefits may be different, and
•
you no longer have access to any benefits from your previous contract.
If the exchange does not qualify for Section 1035 treatment, you
            also may have to pay federal income tax, including a possible additional federal tax, on the exchange. You should not exchange an existing life insurance policy or another annuity contract for this Contract unless you determine the exchange is
            in your best interest and not just better for the person selling you the Contract who generally earns a commission on each sale. You should consult a tax adviser to discuss the potential tax effects before making a 1035 exchange.
12.
Other
              Information
The Registered Separate Account
We established Allianz Life Variable Account B (the Separate
            Account) as a separate account under Minnesota insurance law on May 31, 1985. The Separate Account is registered with the SEC as a unit investment trust under the Investment Company Act of 1940. The SEC does not supervise our management of the
            Separate Account.
The Separate Account holds the AZL Government Money Market Fund's
            shares that have been purchased with Contract assets. We keep the Separate Account assets separate from the assets of our general account and other separate accounts, including the non-unitized separate accounts we established in connection
            with the Index Options. The Separate Account is divided into subaccounts, each of which invests exclusively in a variable investment option. The only currently available variable investment option is the AZL Government Money Market Fund.
We own the assets of the Separate Account. We credit gains to or
            charge losses against the Separate Account, whether or not realized, without regard to the performance of other investment accounts. The Separate Account's assets are insulated, so that the assets cannot be used to pay any of our liabilities,
            other than those arising from the investment of Contract assets in the AZL Government Money Market Fund.
If the Separate Account's assets exceed the required reserves and
            other liabilities, we may transfer the excess to our general account, to the extent of seed money invested by us or earned fees and expenses. The obligations under the Contracts are obligations of Allianz Life.
Our General Account
Our general account holds all our assets other than assets in our
            separate accounts. We own our general account assets, and, subject to applicable law, have sole investment discretion over them. The assets are subject to our general business operation liabilities and claims of our creditors and may lose
            value. We have not registered our general account as an investment company under the Investment Company Act of 1940.
Our general account assets fund guarantees provided in the
            Contracts, including obligations associated with Income Payments and the death benefit. Contract Value that you apply to Annuity Payments becomes part of our general account.
Our Unregistered Separate Account
We hold the assets you allocate to the Index Options in Separate
            Account IANA, which we established under Minnesota Insurance Law for the purpose of supporting our obligations to pay Credits. We invest the assets in Separate Account IANA in hedging instruments, including derivative hedging instruments such
            as put and call options, as well as cash and fixed income securities. Like our general account, the assets in Separate Account IANA are subject to our general business operation liabilities and the claims of our creditors. An Owner who
            allocates Contract Value to an Index Option does not have any interest in or claim on the assets in Separate Account IANA. In addition, neither the Owner nor these Index Options participate in any way in the performance of assets held in
            Separate Account IANA.
Distribution
Allianz Life Financial Services, LLC (ALFS), a wholly owned
            subsidiary of Allianz Life Insurance Company of North America, serves as principal underwriter for the Contracts. ALFS is a limited liability company organized in Minnesota, and is located at 5701 Golden Hills Drive, Minneapolis, MN 55416. ALFS
            is registered as a broker-dealer with the SEC under the Securities Exchange Act of 1934, as well as with the securities commissions in the states in which it operates, and is a member of the Financial Industry Regulatory Authority (FINRA). ALFS
            is not a member of Securities Investors
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Protection Corporation. More information about ALFS is available at www.finra.org
            or by calling 1-800-289-9999. You also can obtain an investor brochure from FINRA describing its Public Disclosure Program.
We have entered into a distribution agreement with ALFS for the
            distribution of the Contracts. ALFS also may perform various administrative services on our behalf.
We may fund ALFS operating and other expenses, including:
•
overhead,
•
legal
                    fees,
•
accounting
                    fees,
•
Financial
                    Professional training,
•
compensation
                    for the ALFS management team, and
•
other expenses associated with the Contracts.
Financial Professionals and their managers may also be eligible
            for various benefits, such as production incentive bonuses, insurance benefits, and non-cash compensation items that we may provide jointly with ALFS. Non-cash items include conferences, seminars and trips (including travel, lodging and meals
            in connection therewith), entertainment, awards, merchandise and other similar items.
ALFS does not itself sell the Contracts on a retail basis.
            Rather, ALFS enters into selling agreements with other broker-dealers registered under the 1934 Act (selling firms) for the sale of the Contracts. We pay sales commissions to the selling firms and their Financial Professionals. The maximum
            commission payable to the selling firms for Contract sales is expected to not exceed 7% of Purchase Payments. Sometimes, we enter into an agreement with a selling firm to pay commissions as a combination of a certain amount of the commission at
            the time of sale and a trail commission which, when totaled, could exceed 7% of Purchase Payments.
We and/or ALFS may make bonus payments to certain selling firms
            based on aggregate sales of our variable insurance contracts (including this Contract) or persistency standards, or as part of a special promotion. These additional payments are not offered to all selling firms, and the terms of any particular
            agreement governing the payments may vary among selling firms. In some instances, the amount paid may be significant.
A portion of the payments made to selling firms may be passed on
            to their Financial Professionals. Financial Professionals may receive cash and non-cash compensation and other benefits. Ask your Financial Professional for further information about what they and their firm may receive in connection with your
            purchase of a Contract.
Commissions paid on the Contract, including other incentives or
            payments, are not charged directly to the Owners or the Separate Account. We intend to recover commissions and other expenses indirectly through fees and expenses imposed under the Contract.
Broker-dealers and their Financial Professionals and managers
            involved in sales of the Contracts may receive payments from us for administrative and other services that do not directly involve the sale of the Contracts, including payments made for recordkeeping, the recruitment and training of personnel,
            production of promotional literature and similar services. In addition, certain firms and their Financial Professionals may receive compensation for distribution and administrative services when acting in a wholesaling capacity and working with
            retail firms.
In certain instances, we and/or ALFS may make payments to a
            broker-dealer for inclusion of this Contract in its list of products that it offers for sale.
We and/or ALFS may pay certain selling firms additional marketing
            support allowances for:
•
marketing
                    services and increased access to their Financial Professionals;
•
sales
                    promotions relating to the Contracts;
•
costs
                    associated with sales conferences and educational seminars;
•
the
                    cost of client meetings and presentations; and
•
other sales expenses incurred by them.
We retain substantial discretion in determining whether to grant
            a marketing support payment to a particular broker-dealer firm and the amount of any such payment.
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We may also make payments for marketing and wholesaling support
            to broker-dealer affiliates of variable investment options that are available through the variable annuities we offer.
Additional information regarding marketing support payments can
            be found in the Distributor section of the Statement of Additional Information.
The variable investment options in the variable annuity contracts
            we offer may assess a Rule 12b-1 fee. These fees are paid to ALFS as consideration for providing distribution and certain other services and incurring certain expenses permitted under the variable investment option's plan. These fees typically
            equal 0.25% of a variable investment option's average daily net assets.
In certain instances, an investment adviser and/or subadviser
            (and/or their affiliates) of a variable investment option may make payments for administrative services to ALFS or its affiliates.
We offer the Contracts to the public on a continuous basis. We
            anticipate continuing to offer the Contracts but reserve the right to discontinue the offering.
Additional Credits for Certain Groups
We may credit additional amounts to a Contract instead of
            modifying charges because of special circumstances that result in lower sales or administrative expenses or better than expected mortality or persistency experience.
Administration/Allianz Service Center
The Allianz Service Center performs certain administrative
            services regarding the Contracts and is located at 5701 Golden Hills Drive, Minneapolis, Minnesota. The Service Center mailing address and telephone number are listed at the back of this prospectus. The administrative and routine customer
            services performed by our Service Center include processing and mailing of account statements and other mailings to Owners, responding to Owner correspondence and inquiries. Allianz Life also contracts with Tata Consultancy Services (Tata)
            located at #42(P) & 45(P), Think Campus, Electronic City, Phase II, Bangalore, Karnataka 560100, India, to perform certain administrative services including:
•
issuance
                    and maintenance of the Contracts,
•
maintenance
                    of Owner records, and
•
routine customer service including:
–
processing
                    of Contract changes,
–
processing
                    withdrawal requests (both partial and total), and
–
processing requests for fixed annuity payments.
Services performed by Tata are overseen and quality control
            checked by our Service Center.
To reduce expenses, only one copy of most financial reports and
            prospectuses, including reports and prospectus for the AZL Government Money Market Fund, may be mailed to your household, even if you or other persons in your household have more than one contract issued by us or our affiliate. Call our Service
            Center at the toll-free telephone number listed at the back of this prospectus if you need additional copies of financial reports, prospectuses, or annual and semiannual reports, or if you would like to receive one copy for each contract in
            future mailings.
Legal Proceedings
We and our subsidiaries, like other life insurance companies,
            from time to time are involved in legal proceedings of various kinds, including regulatory proceedings and individual and class action lawsuits. In some legal proceedings involving insurers, substantial damages have been sought and/or material
            settlement payments have been made. Although the outcome of any such proceedings cannot be predicted with certainty, we believe that, at the present time, there are no pending or threatened legal proceedings to which we, the Separate Account,
            or ALFS is a party that are reasonably likely to materially affect the Separate Account, our ability to meet our obligations under the Contracts, or ALFS ability to perform its obligations.
Status Pursuant to Securities Exchange Act of 1934
Allianz Life hereby relies on the exemption provided by Rule
            12h-7 under the Securities Exchange Act of 1934 from the requirement to file reports pursuant to Section 15(d) of that Act.
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13.
Information

              on Allianz Life
Allianz Life is a stock life insurance company organized under
            the laws of the State of Minnesota in 1896. Our address is 5701 Golden Hills Drive, Minneapolis, MN 55416. We are a wholly owned subsidiary of Allianz of America, Inc. (AZOA), a financial holding company. AZOA is a wholly owned subsidiary of
            Allianz Europe, B.V., which in turn is a wholly owned subsidiary of Allianz SE, which is registered in Munich, Germany. We currently offer fixed index annuities, individual life insurance, and registered index-linked annuities. We are licensed
            to do direct business in 49 states and the District of Columbia.
Directors, Executive Officers and Corporate Governance
BOARD OF DIRECTORS
The Board currently consists of seven members, including our
            Chair, our President and Chief Executive Officer, our Chief Financial Officer and Treasurer, three independent outside board members, and one non-independent board member. Age and positions are provided as of December 31, 2020, except as
            otherwise noted.
The Board holds regular quarterly meetings, generally in
            February, April/May, July/August, and October/November of each year, and holds special meetings or takes action by unanimous written consent as circumstances warrant. The Board has standing Executive, Audit, and Nomination, Evaluation and
            Compensation Committees, each of which is described in further detail below. In 2020, the Board acted four times by unanimous written action.
The current members of our Board are as follows.
Jacqueline Hunt
Director and Chair of the Board
Jacqueline Hunt, age 52, currently serves as the Chair of Allianz
            Life's Board of Directors and as the Chair of its Executive Committee since July 22, 2016. Ms. Hunt also serves as the Chair of the Board of Management of Allianz Asset Management GmbH, and is a member of the Board of Management of Allianz SE,
            Asset Management, US Life Insurance, respectively. Ms. Hunt also serves as the Chair and the President of Allianz Foundation for North America. Ms. Hunt also serves as a member of the Board of Trustees of the American Institute for Contemporary
            German Studies since June 2017. Previously, Ms. Hunt served as the Executive Director of Prudential plc and the Chief Executive of Prudential UK, Europe and Africa from 2013 to 2016.
Ms. Hunt brings to the Board extensive experience in the
            financial services and insurance industries, as well as extensive experience in investments and asset management, including serving as a Member of the Board of Management of Allianz SE, Asset Management, US Life Insurance.
Walter R. White
Director, President, and Chief Executive Officer
Walter R. White, age 64, joined Allianz Life in 2009, and
            currently serves as the President and Chief Executive Officer, as a member of the Board of Directors and as a member of its Executive Committee since January 1, 2012. Mr. White also serves as the Chair of the Board and the Chief Executive
            Officer of Allianz Life Insurance Company of New York (Allianz Life of New York) and as Chair of its Conflict of Interest and Executive Committees. Mr. White also serves as a Director and President of AZOA Services Corporation and as the Chair
            of its Shared Plans Management Committee. Mr. White also serves as a Governor of Allianz Individual Insurance Group, LLC, Allianz Investment Management U.S. LLC and TruChoice Financial Group, LLC, respectively. In addition, Mr. White serves as
            a Director of Questar Capital Corporation, and Questar Agency, Inc., respectively. Mr. White is responsible for leading and overseeing Allianz Life and Allianz Life of New York and providing strategic management and direction. Mr. White
            previously served as the Chair, Chief Executive Officer and President of Allianz Life and Annuity Company from 2012 to 2017 and as a Governor of Allianz Investment Management LLC from 2017 to 2020.
Mr. White brings to the Board extensive financial services and
            brokerage experience as well as key strategic planning and leadership skills developed as the Chief Executive Officer of Allianz Life and the former President of Woodbury Financial.
Mr. White shared his plans to retire as of December 31, 2021. Mr.
            White will be stepping down as President and Chief Executive Officer of Allianz Life as well as Chair and member of the Board, and Chief Executive Officer of Allianz Life of New York on September 1, 2021, and will be replaced by Jasmine M.
            Jirele, Senior Vice President, Chief Growth Officer of Allianz Life, subject to standard regulatory filings. After his retirement, Mr. White will be nominated to continue to serve as a member of the Allianz Life Board of Directors.
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William E. Gaumond
Director, Senior Vice President, Chief Financial Officer and Treasurer
William E. Gaumond, age 47, joined Allianz Life in 2004 and
            currently serves as Senior Vice President, Chief Financial Officer and Treasurer, and as a member of the Board of Directors since January 1, 2016. Mr. Gaumond also serves as a Director, the Chief Financial Officer and Treasurer and as a member
            of the Executive Committee and Chair of the Finance Committee of Allianz Life of New York. Mr. Gaumond also serves as the Chief Financial Officer and Treasurer of Allianz Foundation for North America, and as a Governor of TruChoice Financial
            Group, LLC, Allianz Life Financial Services, LLC and Allianz Investment Management U.S. LLC, respectively. Mr. Gaumond also serves as a Director and President of Allianz Fund Investments, Inc., AZL PF Investments, Inc., Dresdner Kleinwort
            Pfandbriefe Investments II, Inc. and PFP Holdings, Inc., respectively. Mr. Gaumond is also a Director of Questar Agency, Inc., Questar Asset Management, Inc., Questar Capital Corporation, Yorktown Financial Companies, Inc., Allianz of America,
            Inc., Allianz Real Estate of America LLC, and Allianz Technology of America, Inc., respectively. Mr. Gaumond is also a Director and the Senior Vice President of AZOA Services Corporation. Mr. Gaumond also serves as a Director and the Chief
            Financial Officer and Treasurer of Allianz Finance Corporation. Mr. Gaumond is responsible for all finance and risk management functions, with oversight of the controller, financial planning, treasury, and corporate risk management areas. Prior
            to his current roles, Mr. Gaumond spent 12 years in a number of finance and investment-related positions at Allianz Life and its affiliates in various executive capacities.
Mr. Gaumond brings to the Board extensive financial services,
            investment, and insurance industry experience, including serving as Chief Financial Officer and Treasurer of Allianz Life and Allianz Life of New York.
Howard E. Woolley
Director
Howard E. Woolley, age 63, joined Allianz Life's Board of
            Directors on May 1, 2020. Mr. Woolley is a member of Allianz Life's Nomination, Evaluation and Compensation Committee and its Audit Committee. Mr. Woolley also serves on the Board of Trustees for Johns Hopkins Medicine and Syracuse University,
            is co-chair of the Johns Hopkins University & Medicine External Affairs Committee, and serves on the Syracuse University Audit and Academic Affairs Committees. Mr. Woolley also serves as Chair of the Nominations and Governance Committee and
            is a member of the Audit Committee for telecommunications company SOMOS Inc. Mr. Woolley is an NACD Governance Fellow and an international member of the Australian Institute of Company Directors. In 2015, Mr. Woolley formed Howard Woolley Group
            LLC, a strategic business and public policy firm serving leading technology and wireless industry clients, and serves as its President, Principal. Prior to that, Mr. Woolley was Senior Vice President for Verizon Communications from 1993 to 2013
            and served as public policy advisor to CEOs of Verizon Wireless from 2000 to 2013.
Mr. Woolley brings to the Board more than 20 years of extensive
            board experience and brings a wealth of experience and insights in several areas, including risk management.
Udo Frank
Director
Udo Frank, age 61, joined Allianz Life's Board of Directors on
            May 1, 2015 and also serves as the Chair of its Audit Committee and as a member of its Nomination, Evaluation and Compensation Committee and its Executive Committee. Mr. Frank has over 30 years of experience in the financial services and
            insurance industries. Mr. Frank worked for various Allianz SE investment and asset management affiliates from 1994 to 2014, including serving in numerous executive positions. In 2001, Mr. Frank was appointed as the Global Chief Executive
            Officer of RCM Capital Management, LLC. In 2012, he was appointed the Head of Product Management and Chief Marketing Officer of Allianz Global Investors – U.S.
Mr. Frank brings to the Board extensive experience in the
            financial services and insurance industries, as well as extensive experience in investments and asset management.
Kevin E. Walker
Director
Kevin E. Walker, age 58, joined Allianz Life's Board of Directors
            on May 23, 2017, and also serves as the Chair of its Nomination, Evaluation and Compensation Committee and as a member of its Audit Committee. Mr. Walker also serves as a member of the Board of Directors of Allianz Life of New York since
            October 1, 2018, and is a member of its Audit and Evaluation Committee and its Executive Committee. Mr. Walker serves as the Chair and Director of Allianz Reinsurance America, Inc., and is a member of its Audit Committee since January 1, 2017.
            Mr. Walker has over 30 years of insurance and financial services experience. Mr. Walker previously served at various Allianz affiliates throughout his career, most
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recently as the President and Chief Executive Officer of Allianz Reinsurance
            America, Inc. from 2015 to 2016. Mr. Walker has also served as a director and officer for several other Allianz affiliates.
Mr. Walker brings to the Board extensive experience in the
            insurance industry, as well as extensive experience in finance and operations.
Anna Sophie Herken
Director
Anna Sophie Herken, age 49, joined Allianz Life's Board of
            Directors on October 1, 2019. Ms. Herken also serves as the Business Division Head of Allianz Asset Management GmbH since April of 2018. Ms. Herken also serves as a board member of CPIC Fund Management Ltd. since July 2019. Prior to that, Ms.
            Herken was Chief Financial Officer and Chief Operating Officer of Hasso Plattner Capital Germany from 2016 to 2018 and Managing Director of Hertie School of Governance GmbH from 2011 to 2016.  Ms. Herken holds a MBA from the University of
            Cambridge, Law and Judge Degrees.
Ms. Herken brings to the Board extensive experience in the
            financial service industry, as well as extensive experience in working for international financial organizations with a focus on finance and asset management.
EXECUTIVE OFFICERS
The current executive officers (other than Messrs. White and
            Gaumond) are as follows. Age and positions are provided as of December 31, 2020, except as otherwise noted.
Eric J. Thomes
Senior Vice President, Chief Distribution Officer
Eric J. Thomes, age 48, joined Allianz Life in 1995 and currently
            serves as the Senior Vice President, Chief Distribution Officer of Allianz Life since April 1, 2019. Mr. Thomes also serves as the President and a Director of Allianz Life of New York. Mr. Thomes also serves as a Governor, and as the Chief
            Executive Officer and Chief Manager of Allianz Life Financial Services, LLC. Mr. Thomes also serves as a Governor of Allianz Individual Insurance Group, LLC, and TruChoice Financial Group, LLC, respectively. He also serves as the Chair and as a
            Director of Yorktown Financial Companies, Inc., Questar Agency, Inc., Questar Asset Management, Inc., and Questar Capital Corporation, respectively. Mr. Thomes is responsible for the development, design and implementation of Allianz Life's and
            Allianz Life of New York's sales and distribution strategies. Prior to his current roles, Mr. Thomes served as the Field Senior Vice President, FMO Sales from 2009 to 2019. Mr. Thomes also served as the President of Allianz Individual Insurance
            Group, LLC from 2005 to 2018.
Gretchen Cepek
Senior Vice President, General Counsel and Secretary
Gretchen Cepek, age 52, joined Allianz Life in 2009 and currently
            serves as Senior Vice President, General Counsel and Secretary since February 17, 2012. In this role, Ms. Cepek is responsible for the legal, ethics and compliance departments as well as government relations and the special investigations unit.
            Ms. Cepek also serves as the Chief Legal Officer and Secretary and as a member of the Conflict of Interest Committee of Allianz Life of New York, and General Counsel and Secretary of AZOA Services Corporation. Previously, Ms. Cepek served as
            the Secretary for Allianz Life and Annuity Company from 2012 to 2017. Ms. Cepek received her J.D. from Valparaiso University School of Law in 1993.
Jasmine M. Jirele
Senior Vice President, Chief Growth Officer
Jasmine M. Jirele, age 43, joined Allianz Life in 2018 and
            currently serves as the Senior Vice President, Chief Growth Officer of Allianz Life since October 1, 2018. Ms. Jirele leads strategy, new markets, global business development, product innovation, marketing, digital and experience management,
            Allianz Ventures, strategic communication and sponsorships, and enterprise agile for Allianz Life. Previously, Ms. Jirele was an executive vice president within Wells Fargo's Consumer Bank division, and was previously a senior vice president in
            Wells Fargo's Wealth and Investment Management division. Prior to that, Ms. Jirele spent nine years at Allianz Life as the Senior Vice President of Enterprise Operations from 2012 to 2015, Vice President of Market Management and Product
            Innovation from 2009 to 2012, Director of Executive Projects from 2007 to 2009, and Director of Marketing/Communications from 2006 to 2007, respectively.
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On September 1, 2021, Ms. Jirele will be a member of the Board,
            and President and Chief Executive Officer of Allianz Life as well as Chair and member of the Board, and Chief Executive Officer of Allianz Life of New York, subject to standard regulatory filings.
Catherine A. Mahone
Senior Vice President, Chief Administrative Officer
Catherine A. Mahone, age 56, joined Allianz Life in 2008 and
            currently serves as the Senior Vice President, Chief Administrative Officer since January 16, 2012. Ms. Mahone is also the Chief Administrative Officer of Allianz Life of New York, and serves as a Governor of Allianz Life Financial Services,
            LLC. Ms. Mahone is responsible for the oversight of enterprise operations, information technology, and other strategic business initiatives. Previously, Ms. Mahone served as the Senior Vice President, Enterprise Operations from 2008 to 2012,
            and as a Director of Allianz Technology of America, Inc. from 2013 to 2015.
Neil H. McKay
Senior Vice President, Chief Actuary
Neil H. McKay, age 59, joined Allianz Life in 1999 and currently
            serves as the Senior Vice President, Chief Actuary of Allianz Life since May 15, 2000. Mr. McKay also currently serves as the Chief Actuary of Allianz Life of New York since April 8, 2014. Mr. McKay served as a Director and the Chief Actuary of
            Allianz Life and Annuity Company from 2007 to 2017. Mr. McKay is responsible for all of the actuarial functions of Allianz Life and Allianz Life of New York, including the actuarial assumptions underlying its products and the rate setting
            associated with existing and new products.
Todd M. Hedtke
Senior Vice President, Chief Investment Officer
Todd M. Hedtke, age 48, joined Allianz Life in 2000 and currently
            serves as the Senior Vice President, Chief Investment Officer since August 21, 2015. He also currently serves as the Chief Investment Officer of Allianz Life of New York. Mr. Hedtke also serves as a Governor and Chief Executive Officer of
            Allianz Investment Management LLC and Allianz Investment Management U.S. LLC, and the Chief Investment Officer of Allianz Life Insurance Company of Missouri, respectively. Mr. Hedtke is a Director and President of Allianz Finance Corporation,
            and a Director, Vice President and Treasurer of Allianz Fund Investments Inc., AZL PF Investments Inc., and Dresdner Kleinwort Pfandbriefe Investments II Inc., respectively. Mr. Hedtke also serves as Chair of the Benefit Plans Investment
            Committee for AZOA Services Corporation. Mr. Hedtke leads the investment management, liquidity planning, hedging, and trading functions at Allianz Life. Mr. Hedtke is also a member of the global Allianz Investment Management Board, which serves
            the Allianz Group of insurance companies. Prior to his current roles, Mr. Hedtke spent 15 years in a number of investment-related positions at Allianz Life and its affiliates, including as a Director and the Chief Investment Officer of Allianz
            Life and Annuity Company from 2015 to 2017 and as the Chief Investment Officer of Allianz Annuity Company of Missouri from 2015 to 2019, respectively.
Jenny L. Guldseth
Senior Vice President, Chief Human Resources Officer
Jenny L. Guldseth, age 45, joined Allianz Life in 2005 and
            currently serves as the Senior Vice President, Human Resources Officer since January 1, 2019. In this position, Ms. Guldseth is responsible for setting strategy and leading the Human Resources and Facilities departments to improve business
            results and increase employee engagement. Ms. Guldseth is also a Director of the Allianz Foundation for North America. Ms. Guldseth also serves as the Chief Human Resources Officer of AZOA Services Corporation and is the Chair of its Employee
            Benefits Administration Committee and a member of its Benefit Plans Investment Committee and its Shared Plans Management Committee, respectively. Ms. Guldseth has over ten years of experience at Allianz Life, including having served as the Vice
            President, Rewards and Performance from 2017 to 2018, the Assistant Vice President of Rewards and Performance from 2013 to 2017, and Manager, Human Resource Business Partner from 2010 to 2013. In these positions, she was responsible for the
            Performance and Compensation functions for Allianz Life and the benefits functions for multiple U.S.-based affiliate companies.
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CORPORATE GOVERNANCE
Committees of the Board
The Executive Committee of the Board ("Executive Committee") is
            currently composed of Ms. Hunt (Chair) and Messrs. White and Frank (who replaced Mr. Clark as a member as of May 1, 2020). The function of the Executive Committee is to exercise the authority of the Board between meetings of the Board, with the
            exceptions set forth in Allianz Life's By-Laws. The Executive Committee did not meet in 2020.
The Audit Committee of the Board is currently composed of Messrs.
            Frank (Chair), Walker and Woolley (who replaced Mr. Clark as a member as of May 1, 2020). The Audit Committee is responsible for overseeing Allianz Life's accounting and financial reporting and control processes on behalf of the Board, which
            includes assisting with Board oversight of (1) quality and integrity of Allianz Life's financial statements, (2) Allianz Life's compliance with legal and regulatory requirements, (3) the qualifications, independence and fees of the
            independent-auditors, (4) Allianz Life's system of internal controls and (5) the performance of Allianz Life's internal audit function. The Board has determined that each member of the Audit Committee is financially literate. The Audit
            Committee met four times in 2020.
The Nomination, Evaluation and Compensation Committee (NEC
            Committee) is currently composed of Messrs. Walker (Chair) (who replaced Mr. Clark as Chair as of May 1, 2020), Frank and Woolley (who was appointed as a member as of May 1, 2020). The NEC Committee's purpose is to (1) nominate candidates for
            director for election, (2) evaluate the performance of officers deemed to be "principal officers," and (3) recommend to the Board the selection and compensation of the "principal officers." The NEC Committee met once in 2020.
Independence of Certain Directors
Allianz Life is not subject to the independence standards of the
            New York Stock Exchange or any other national securities exchange, but is subject to the independence standards required under the Model Audit Rule. Applying the independence standards of the Model Audit Rule to the current members of the
            Board, the Board has determined that (1) Messrs. Frank, Walker and Woolley are "independent" under the Model Audit Rule, and (2) Mr. Clark was "independent" under those standards through his resignation date of April 30, 2020.
Code of Ethics
All of our officers and employees, including our Chief Executive
            Officer, Chief Financial Officer and Controller, are subject to Allianz Life's Code of Ethics.
Executive Compensation
Compensation Discussion
              and Analysis
In this section, we provide an overview of the goals and
            principal components of our executive compensation program and describe how we determine the compensation of our "Named Executive Officers" or "NEOs." For 2020, our NEOs were:
•
Walter R.
                    White
, President and Chief Executive Officer
•
William
                    E. Gaumond
, Senior Vice President, Chief Financial Officer and Treasurer
•
Eric J.
                    Thomes
, Senior Vice President, Chief Distribution Officer
•
Jasmine
                    M. Jirele
, Senior Vice President, Chief Growth Officer
•
Neil H. McKay
, Senior Vice President, Chief Actuary
The details of each NEO's compensation may be found in the
            Summary Compensation Table and other compensation tables included in this Executive Compensation section.
Executive Summary
Allianz Life's compensation programs are intended to align our
            NEOs' interests with those of our ultimate stockholder, Allianz SE, the ultimate parent company of Allianz Life. Allianz Life's compensation programs are designed to reward performance that meets or exceeds the goals established by the
            Compensation Committee, a management committee of Allianz Life. Allianz Life is tasked with establishing the executive compensation philosophy. In line with Allianz Life's compensation philosophy described below, the total compensation received
            by our NEOs will vary based on individual and corporate performance in light of annual and long-term performance goals. Our NEOs' total compensation is composed of a mix of annual base salary, annual cash awards based on corporate objectives
            and executive performance factors and long-term equity incentive awards in the form of restricted stock units of the equity securities of Allianz SE.
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Compensation Philosophy
              and Strategy
Overview
The overriding goal of Allianz Life's executive compensation
            programs is to attract, retain and motivate top-performing executive officers who will dedicate themselves to long-term financial and operational success. To this end, Allianz Life has structured the executive compensation programs to foster a
            pay-for-performance management culture by:
•
providing
                    total compensation opportunities that are competitive with the levels of total compensation available at the large diversified financial services companies with which Allianz Life most directly competes in the marketplace;
•
setting
                    performance metrics and objectives for variable compensation arrangements that reward executives for attaining both annual targets and long-term business objectives, thereby providing individual executives with the opportunity to earn
                    above-average compensation by achieving above-average results;
•
establishing
                    equity-based arrangements that align executives' financial interests with those of Allianz SE by ensuring executives have a material financial stake in the equity value of Allianz SE and the business success of its affiliates; and
•
structuring compensation packages and outcomes to foster internal pay equity.
Compensation Components
To support this pay-for-performance strategy, Allianz Life's
            total compensation program provides a mix of compensation components that bases the majority of each executive's compensation on their success and on an assessment of each executive's overall contribution to that success.
Compensation Element
Description
Objective
Base Salary
Fixed rate of pay that compensates employees for fulfilling their basic job responsibilities. For NEOs, increases are
                    generally provided in the case of a significant increase in responsibilities or a significant discrepancy versus the market.
Attract and retain high-caliber leadership.
Annual Incentive Plan
Incentive compensation that promotes and rewards the achievement of annual performance objectives through awards under the
                    Allianz Life Annual Incentive Plan ("AIP").
• Link compensation to annual performance results.
• Attract and motivate high-caliber leadership.
• Align the interests of NEOs and our stockholder.
Performance-Based Equity Incentives
Incentive compensation through restricted stock unit awards made under the Allianz Equity Incentive Plan ("AEI") that promotes
                    and rewards the achievement of long term performance objectives.
• Retain high-caliber leadership with multi-year vesting.
• Align the interests of NEOs and our stockholder.
Severance Arrangements
Severance payments to employees, including NEOs, under certain company-initiated termination events.
Compensate employees for situations where the employee's employment is involuntarily terminated in a qualifying termination of employment.
Perquisites-Benefits
Perquisites provided to our NEOs include employer matching contributions to the NEOs' accounts in the 401(k)
                    plan and may also include the payment of life insurance premiums, relocation reimbursements, and reimbursements for financial planning, tax preparation services, and spousal travel expenses.
Provide market competitive total compensation package.
In addition, Allianz Life offers all employees, including our
            NEOs, broad-based benefits, including comprehensive medical, dental and vision insurance, group term life insurance and participation in a 401(k) plan.
How Compensation Decisions
              Are Made
Role of the Board of Directors and Compensation Committee
The framework governing the executive compensation policies for
            Allianz Life, except as such policies relate to the compensation for the Chief Executive Officer, is set through the Compensation Committee of Allianz Life. Decisions affecting the compensation of the Chief Executive Officer are outside the
            scope of the Allianz Life Compensation
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Committee. Any such decisions are made by Allianz SE, subject to review by the NEC
            Committee, and final approval by Allianz Life's Board of Directors. With respect to the compensation of other "principal officers" selected by the Board for purposes of the duties of the NEC Committee under Minn. Stat. § 60D.20, subd. 3(d), the
            Compensation Committee's decisions are similarly subject to review by the NEC Committee and final approval by Allianz Life's Board. The "principal officers" include the Chief Executive Officer, Chief Financial Officer, and General Counsel.
            Allianz Life's Board has delegated the following responsibilities to the Compensation Committee:
•
In
                    general, establish the compensation philosophy and strategy of Allianz Life and oversee the development and implementation of compensation, benefit, and perquisite programs for corporate executives consistent with the principles of
                    ensuring that leadership is compensated effectively in a manner consistent with the stated compensation strategy, internal equity considerations, competitive practices, shareholder interests, and the requirements of any applicable
                    regulatory bodies in order to attract and retain high-quality leadership. This responsibility includes periodic review of Allianz Life's compensation programs to pursue certain goals, with the expectation that changes will be made
                    periodically to ensure these goals are attained.
•
Review
                    and approve the establishment of, or material modification to, any executive incentive compensation plans or programs for Allianz Life.
•
Review
                    and approve any special benefits or perquisites in effect for, or offered to, any prospective, current or former Allianz Life employee, regardless of the employee's level or assignment within Allianz Life. Such benefits and perquisites
                    are those that are unusual or different from the benefits offered to all similarly-situated employees.
•
Review
                    and approve any employment agreements proposed to be made with any prospective or current employee of Allianz Life.
•
Review
                    and approve any individual severance agreement with any Allianz Life officer. This does not include an arrangement where the employee receives severance or incentive payments under existing terms of a broad-based benefit or compensation
                    plan.
•
Oversee Allianz Life's compliance with regulations with respect to compensation matters and adopt and monitor adherence to global and local process requirements and timelines, including those required
                    under the Corporate Rules (as defined under the Allianz Life Standard for Corporate Rules) mandated by Allianz SE.
The Compensation Committee will at all times be composed of at
            least three members who are appointed by the full Board of Directors of Allianz Life. The Compensation Committee currently consists of the following members: the Chair of the Board, the Chief Executive Officer, and the Chief Human Resources
            Officer. The Compensation Committee also utilizes internal personnel to provide advice to the Compensation Committee regarding market trends in compensation policies at competing companies and on a more macro level.
Following its review and decision, the Compensation Committee
            produces and submits a report on executive compensation to Allianz Life's Board of Directors at its request. With respect to the compensation of "principal officers" selected by Allianz Life's Board for purposes of the duties of the NEC
            Committee under Minnesota Statutes § 60D.20, subd. 3(d), the Compensation Committee produces and submits a report on executive compensation proposed for the designated "principal officers" to the NEC Committee for its review and recommendation
            to Allianz Life's Board for final approval.
Role of the Chief Executive Officer
Our Chief Executive Officer assists the Compensation Committee in
            its review of the total compensation of all the NEOs except himself. He provides the Compensation Committee with his assessment of their performances relative to the corporate and individual goals and other expectations set for them for the
            preceding year. He then provides his recommendations for each NEO's total compensation and the appropriate goals for each in the year to come. However, the Compensation Committee is not bound by his recommendations.
Role of Allianz Life's Human Resources
Allianz Life's Human Resources supports the Compensation
            Committee on executive compensation matters by being responsible for many of the organizational and administrative tasks that underlie the compensation review and determination process and making presentations on various topics. Allianz Life's
            Human Resources efforts include, among other things:
•
evaluating
                    the compensation data from industry groups, national executive pay surveys, and other sources for the NEOs and other executive officers as appropriate;
•
gathering and correlating performance ratings and reviews for individual executive officers, including the NEOs;
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•
reviewing
                    executive compensation recommendations against appropriate market data and for internal consistency and equity; and
•
reporting to, and answering requests for information from, the Compensation Committee.
Allianz Life's Human Resources officers also coordinate and share
            information with their counterparts at Allianz SE.
Use of Competitive
              Compensation Data
Because Allianz Life competes most directly for executive talent
            with other large diversified financial services companies, Allianz Life regards it as essential to regularly review the competitiveness of the total compensation programs for executives to ensure that Allianz Life provides compensation
            opportunities that compare favorably with the levels of total compensation offered to similarly situated executives by other companies that participate in the compensation surveys in which Allianz Life participates. Allianz Life relies
            primarily on external market surveys of corporate compensation and benefits published by various national compensation consulting firms, especially salary surveys focusing on insurance companies. In addition, other factors taken into account
            include the average revenues and number of employees of companies that participate in such surveys.
All these information sources are employed to measure and compare
            actual pay levels not only on an aggregate, total compensation basis, but also to break down the total compensation program component by component to review and compare specific compensation elements as well as the particular mixes of fixed
            versus variable, short-term versus long-term, and cash versus equity-based compensation at the surveyed companies. This information, as collected and reviewed by Allianz Life's Human Resources, is submitted to the Compensation Committee for
            review and discussion.
Internal Pay Equity Analysis
Allianz Life's compensation programs are designed with the goal
            of providing compensation to our NEOs that is fair, reasonable, and competitive. To achieve this goal, Allianz Life believes it is important to compare compensation paid to each NEO not only with compensation paid by the surveyed companies, as
            discussed above, but also with compensation paid to each of our other NEOs. Such an internal comparison is important to ensure that compensation is equitable among our NEOs.
Components of Total
              Compensation For Our NEOs
Allianz Life provides total compensation to our NEOs that
            consists of several components. These components include the three components of the total compensation program (i.e., base salary, annual incentives, and equity) as well as: (i) retirement, health, and other benefit programs; (ii) severance
            benefits; and (iii) perquisites.
Base Salary
Allianz Life's philosophy is to make base salary a relatively
            small portion of the overall compensation package for our NEOs, which Allianz Life believes is common in the industry in which we operate. The amount of the base salary awarded to NEOs is based on the position held, the NEO's tenure, the scope
            of the position's responsibilities, and the NEO's own performance, all of which are reviewed with the aid of market survey data. Using this data, Allianz Life maintains a 50th percentile pricing philosophy, comparing base salaries against the
            median for comparable salaries at surveyed companies, unless exceptional conditions require otherwise.
With respect to the base salary of our Chief Executive Officer,
            the Chair of the Board considered the Chief Executive Officer's experience, performance, and contribution to overall corporate performance when determining his base salary for 2020 for recommendation to the NEC Committee. Base salaries for our
            other NEOs for 2020 were also set by the Compensation Committee based upon each NEO's individual experience and contribution to the overall performance of Allianz Life, and subject to Allianz SE Compensation Committee reviews and, with respect
            to the base salaries of "principal officers" selected by Allianz Life's Board of Directors for purposes of the duties of the NEC Committee under Minnesota Statutes § 60D.20, subd. 3(d), subject to NEC Committee review and recommendation to
            Allianz Life's Board for final approval.
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AIP
Allianz Life offers annual cash bonuses to certain executive
            officers under the AIP. The AIP is designed to improve performance and profitability by motivating employees to accomplish organizational objectives and financial goals. Bonus awards that may be paid pursuant to the AIP are within the sole
            discretion of the Compensation Committee, and with respect to our CEO, the Chair of the Board, and are intended to:
•
reward
                    the performance of participants who have made significant contributions to the achievement of annual goals and objectives;
•
provide
                    an incentive that will encourage future superior individual performance; and
•
encourage the retention of employees who have demonstrated exceptional performance and/or are anticipated to significantly contribute to the long-term success of Allianz Life.
Following the performance year, the Compensation Committee
            approved a specific amount of cash awards to be made pursuant to the AIP to executive officers, including our NEOs, for the 2020 performance year. The amount determined to be available for such awards was at the discretion of the Compensation
            Committee and was dependent upon many factors as outlined previously, including, but not limited to, current financial performance and contributions of our NEOs in achieving performance objectives, and with respect to the awards to the
            "principal officers" selected by Allianz Life's Board for purposes of the duties of the NEC Committee under Minnesota Statutes § 60D.20, subd. 3(d), subject to NEC Committee review and recommendation to Allianz Life's Board for final approval.
AEI
The AEI is (a) one part of the variable compensation component
            for certain individuals within designated classes of employees at Allianz Life or (b) offered by Allianz Life to select senior employees as an additional part of their variable compensation on a case by case basis. The AEI is granted in the
            form of restricted stock units of Allianz SE ("RSUs"). The award of RSU's are intended to:
•
reward
                    the performance of participants who have made significant contributions to the achievement of their company's annual goals and objectives,
•
provide
                    an incentive that will encourage future superior individual performance, and
•
encourage the retention of employees who have demonstrated exceptional performance and/or are anticipated to significantly contribute to the long-term success Allianz.
Awards made pursuant to the AEI are based upon both the
            performance of Allianz Life and Allianz Life of New York and the performance of the NEO. The Compensation Committee (and, with respect to those NEOs that are "principal officers" for purposes of the NEC Committee's duties, the NEC Committee
            with final approval of Allianz Life's Board of Directors) reviewed the performance of our NEOs following the end of our 2020 fiscal year relative to the AEI allocation amount.
Benefit Perquisites
Allianz Life provides our NEOs with certain limited perquisites.
            All of our employees, including our NEOs, may participate in the qualified 401(k) plan. Allianz Life and Allianz Life of New York generally provide our executive officers, including our NEOs, with a matching contribution up to $21,375 annually.
            In addition, Allianz Life and Allianz Life of New York provide excess liability insurance coverage to all of our NEOs and provide financial planning and tax preparation services, relocation reimbursements, and reimbursements of spousal travel
            expenses to certain of our NEOs. The incremental costs of perquisites for the NEOs during 2020 are included in the column entitled "All Other Compensation" in the Summary Compensation Table included in this section.
Certain Retention Arrangements
Allianz Life's offer letter to our Senior Vice President, Chief
            Growth Officer, Jasmine M. Jirele included a retention bonus arrangement related to her onboarding. The retention bonus payments will be paid through 2022 so long as she remains employed with Allianz Life, and the arrangement requires repayment
            of certain amounts if Ms. Jirele voluntarily terminates her employment within a certain period.
Severance Arrangements
Allianz Life has entered into an Executive Severance Agreement
            with our Director, President, and Chief Executive Officer, Walter R. White, which is described in the "Allianz Life Executive Severance Agreement" discussion later in this section. We have not entered into any other specific severance
            agreements with any of our NEOs.
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The remainder of our NEOs are eligible for severance payments
            under the Executive Severance Plan if they experience a qualifying termination of employment and otherwise satisfy the conditions set forth in the plan.
Other than the Executive Severance Plan, which is described later
            in this section, our NEOs (except for Walter R. White) are not eligible for severance payments. Certain of our executive officers receive offer letters which set forth the terms relating to base salary, sign-on incentives, and equity
            compensation. However, Allianz Life does not view these offer letters as employment agreements as each offer letter states that employment with Allianz Life is "at will."
Other Compensation
              Policies
Tax and Accounting Implications
Stock-Based Compensation
.
            Stock-based compensation, comprised of Allianz SE restricted stock units (RSUs) granted pursuant to the AEI, are accounted for in accordance with the requirements of Financial Accounting Standards Board Accounting Standards Codification ("FASB
            ASC") Topic 718. The fair value of the RSUs at grant is the arithmetic average of the closing prices of an Allianz SE share in the electronic cash market trading system Xetra (or any successor system) on that day and the nine immediately
            preceding trading days, less the present value of dividends expected to be paid on one Allianz SE share over the vesting period, and less the fair value of payout restrictions deriving from the vesting period and the payout cap.
Recently Discontinued Compensation Programs
The purpose of the ALTPUP was to advance the interests of Allianz
            Life, including Allianz Life of New York, and our indirect stockholder. The ALTPUP sought to accomplish this purpose by providing an incentive in addition to current compensation to certain individuals within designated classes of employees of
            Allianz Life who contribute significantly to their company's long-term performance. Such incentive was in the form of Long-Term Performance Units ("ALTPUP Units"), which were contingent awards, subject to the terms, conditions, and restrictions
            described in the ALTPUP and the Award Agreement under which such awards were made, by which participants in the ALTPUP may have become entitled to receive cash on the payment date for redemption of the ALTPUP Units valued on the valuation date.
            The award of ALTPUP Units was discretionary. In March 2020, the Group Compensation Committee determined all Allianz entities would move forward with the Allianz SE long term incentive program or AEI. As a result, the ALTPUP program has been
            discontinued and provided a final grant in March 2020 for 2019 performance.
Our Chief Executive Officer received cash awards pursuant to the
            terms of the Allianz SE Mid-Term Bonus Plan instead of the ALTPUP. Like the ALTPUP, the Mid-Term Bonus Plan has been discontinued, so the award with respect to 2019 performance was the final award made under the Mid-Term Bonus Plan.
Summary Compensation Table
The following table sets forth the compensation paid by Allianz
            Life for the year ended December 31, 2020 to our NEOs. The executive compensation information in this prospectus is shown for a one-year period, in accordance with Regulation S-K Item 402, Instruction 1 to Item 402(c).
Name and Principal
Position
(a)
Year
(b)
Salary
(c)
Bonus
(d)
Stock
Awards
(e)
(2)
Non-Equity
Incentive Plan Compensation
(g)
All Other
Compensation
(i)
(3)
Total
(j)
Walter R. White
President and Chief Executive Officer
2020
$865,100
N/A
$1,593,774
$1,062,516
$27,721
$3,549,111
William E. Gaumond
Senior Vice President, Chief Financial Officer and Treasurer
2020
$468,885
N/A
$482,241
$321,494
$26,300
$1,298,920
Eric J. Thomes
Senior Vice President, Chief Distribution Officer
2020
$525,000
N/A
$699,679
$333,119
$30,427
$1,588,225
Jasmine M. Jirele
Senior Vice President, Chief Growth Officer
2020
$458,380
$200,000
(1)
$471,436
$314,291
$22,787
$1,466,894
Neil H. McKay
Senior Vice President, Chief Actuary
2020
$510,000
N/A
$490,212
$326,808
$27,538
$1,354,558
(1)
A
                    retention bonus of $800,000 will be paid over four years in increments of $200,000 with the first payment paid in March 2019 and the final payment in 2022 so long as Ms. Jirele remains employed by Allianz Life.
(2)
Represents the grant date fair value of the RSUs issued pursuant to the AEI. The RSUs vest over a four-year period. The RSUs issued in 2021 for the 2020 performance year have a March 2025 exercise date.
                    The grant price of the RSUs was the arithmetic average of the closing prices of an
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Allianz
                    SE share in the electronic cash market trading system Xetra (or any successor system) on the date of grant and the nine immediately preceding trading days, less the present value of dividends expected to be paid on one Allianz SE share
                    over the vesting period, and less the fair value of the payout restrictions deriving from the vesting period and the payout cap. These numbers show the amount realized for financial reporting purposes as calculated in accordance with
                    the FASB ASC Topic 718. Under FASB ASC Topic 718, the grant date fair value is calculated using the closing market price of the common stock of Allianz SE on the date of grant, which is then recognized over the requisite service period
                    of the award.
(3)
The following table provides additional details regarding compensation found in the "All Other Compensation" column.
Name
Year
Spousal
Travel
(4)
Milestone/
Anniversary/
Recognition
(5)
Life Insurance
Premiums
Employer Match
to 401(k) Plan
ASAAP
Contribution
(6)
Total
Walter R. White
2020
$5,431
--
$915
$21,375
--
$27,721
William E. Gaumond
2020
$4,257
--
$668
$19,500
$1,875
$26,300
Eric J. Thomes
2020
$6,445
$1,800
$807
$19,500
$1,875
$30,427
Jasmine M. Jirele
2020
--
$1,000
$412
$19,500
$1,875
$22,787
Neil H. McKay
2020
$5,431
--
$732
$21,375
--
$27,538
(4)
Represents
                    reimbursement or payments made to defray the costs of a spouse's travel.
(5)
Represents
                    Milestone Anniversary Program, which pays a bonus at three and five year anniversaries, and then every five years thereafter.
(6)
Represents company matching contribution to the Allianz Supplemental Asset Accumulation Plan for deferrals in excess of IRS compensation limit.
Performance-Based
              Incentive Compensation Plans
AIP
The AIP is intended to provide an incentive that will encourage
            superior individual performance and encourage retention of employees who have demonstrated exceptional performance or who are anticipated to significantly contribute to the long-term success of Allianz Life. The AIP seeks to accomplish this
            purpose by providing a bonus opportunity to eligible employees who have made significant contributions during the plan year to the achievement of annual goals and objectives. The guidelines for target awards are meant to be illustrative of
            competitive market bonuses for similar job levels in the marketplace. While the target awards may be used for illustrative, budget planning, or distribution scenarios, all bonus awards are discretionary and are in no way guaranteed.
The Compensation Committee or other duly authorized committee
            determines allocation of bonus awards to employees. With respect to "principal officers" for purposes of the NEC Committee's duties, the NEC Committee recommends to Allianz Life's Board of Directors awards for final approval.
AEI
The AEI is designed to recognize the participant's continuous
            employment with Allianz Life over the relevant period and shall be an incentive to continue employment. Grants under the AEI will generally only be made if the participant is employed with Allianz Life at the date of grant. Payments will be
            made only if the participant remains employed with Allianz Life during the vesting period of the RSU, or leaves employment under circumstances set out in the AEI, including after retirement or early retirement eligibility, disability, or under
            certain other circumstances. The securities issuable under the AEI are RSUs. An RSU constitutes the right to receipt of the market value of Allianz SE common stock at the time of exercise. This amount will be paid in cash. RSUs are subject to a
            four-year vesting period. At the end of the four-year vesting period, the RSUs are exercised uniformly for all participants, provided they remain employed by Allianz Life, terminate after retirement or early retirement eligibility, or under
            certain other circumstances. Vesting and exercise may accelerate if a participant leaves employment under other "good leaver" circumstances set forth in the AEI. The grant at fair value cannot be greater than 165% of a participant's target
            amount. The maximum value of an exercise is an increase of 200% over the grant value (i.e., 300% of the grant value).
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Grants of Plan-Based
              Awards
The following table provides additional information about
            plan-based compensation disclosed in the Summary Compensation Table. This table includes both equity and non-equity awards granted for the year ended December 31, 2020.
Name
(a)
Grant Date
(b)
Estimated Future Payouts Under Non-Equity Incentive Plan Awards
(1),(2)
Estimated Future Payouts Under Equity Incentive Plan Awards
(3)
Threshold ($)
(c)
Target ($)
(d)
Maximum ($)
(e)
Threshold ($)
(f)
Target ($)
(g)
Maximum ($)
(h)
Walter R. White
3/5/2021
RSUs (under AEI)
$0
$1,557,180
$7,708,041
AIP Award
$0
$1,038,120
$1,712,898
William E. Gaumond
3/5/2021
RSUs (under AEI)
$0
$506,396
$2,506,659
AIP Award
$0
$337,597
$675,194
Eric J. Thomes
3/5/2021
RSUs (under AEI)
$0
$567,000
$2,806,650
AIP Award
$0
$378,000
$756,000
Jasmine M. Jirele
3/5/2021
RSUs (under AEI)
$0
$495,050
$2,450,499
AIP Award
$0
$330,034
$660,067
Neil H. McKay
3/5/2021
RSUs (under AEI)
$0
$550,800
$2,726,460
AIP Award
$0
$367,200
$734,400
(1)
The
                    target and maximum columns show the target award and maximum award for 2020 for each NEO under the AIP. There is no threshold amount for any participant in the AIP. The actual 2020 awards granted to the NEOs are listed in the Non-Equity
                    Incentive Compensation column of the Summary Compensation Table. AIP target and maximum awards are a pre-designated percentage of base salary determined at the executive's level.
(2)
RSUs
                    have a vesting schedule as disclosed in the footnotes to the Summary Compensation Table. See "Outstanding Equity Awards at December 31, 2020" for disclosure regarding the number of RSUs that are unvested as of December 31, 2020.
(3)
The target and maximum columns show the target award and maximum award for 2020 for each NEO under the AEI. There is no threshold amount for any participant in the AEI. The actual 2020 awards granted to
                    the NEOs are listed in the Stock Awards column of the Summary Compensation Table.
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Outstanding Equity Awards
              at December 31, 2020
The following table sets forth the outstanding equity awards at
            the December 31, 2020 fiscal year-end. The table shows RSUs granted pursuant to the AEI.
Name
(a)
RSUs
Number of RSUs
That Have Not
Vested
(g)
(1),(2)
Market Value of
RSUs That Have
Not Vested
(h)
(3)
Walter R. White
8,161
$1,985,898
7,030
$1,710,680
5,239
$1,274,858
6,097
$1,483,644
William E. Gaumond
1,452
$353,330
2,039
$496,170
1,538
$374,257
1,948
$474,026
Eric J. Thomes
617
$150,141
492
$119,723
457
$111,206
1,474
$358,683
Jasmine M. Jirele
0
$0
0
$0
1,467
$356,980
1,886
$458,939
Neil H. McKay
2,550
$620,517
2,203
$536,078
1,731
$421,222
2,123
$516,611
(1)
Represents
                    unvested RSUs issued pursuant to the AEI. RSUs issued under the AEI during 2020 are subject to a four-year vesting period from the grant date. At the end of the respective vesting period, the RSUs are exercised uniformly for all
                    participants, provided they remain employed by Allianz Life or terminate after retirement or early retirement eligibility, or under certain other circumstances. Vesting and exercise may accelerate if a participant leaves employment
                    under other "good leaver" circumstances set forth in the AEI.
(2)
For each
                    of the NEOs, the number of RSUs listed on the first line were exercised in 2021, the RSUs listed on the second line will exercise in 2022, the RSUs listed on the third line will exercise in 2023, and the RSUs listed on the fourth line
                    will exercise in 2024.
(3)
Based on an assumed stock price of $243.34 per share, which was the arithmetic average of the closing prices of an Allianz SE share in the electronic cash market trading system Xetra (or any successor
                    system) on December 30, 2020 and the nine immediately preceding trading days, converted from Euros into U.S. dollars.
Allianz SE Option
              Exercises and Stock Grants Vested in 2020
The following table summarizes the value received from Allianz SE
            stock grants vested during the year ended December 31, 2020.
Name
Stock Awards
Number of
Shares
Acquired
on Vesting (#)
Value Realized
on Vesting ($)
(1)
Walter R. White
10,097
$2,259,088
William E. Gaumond
721
$161,315
Eric J. Thomes
732
$163,777
Jasmine M. Jirele
-
$0
Neil H. McKay
3,536
$791,140
(1)
Represents
                    Allianz SE RSUs that were exercised during 2020 pursuant to the AEI. Amounts realized were paid in cash.
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Allianz Life Executive
              Severance Agreement
Allianz Life has entered into an Executive Severance Agreement
            with our Chief Executive Officer, Walter R. White, with an expiration date of December 31, 2021. The severance arrangements for Mr. White are prescribed by the Executive Severance Agreement.
Pursuant to the Executive Severance Agreement, Mr. White is
            entitled to a lump sum cash payment of $1,730,200 upon separation in the event he is terminated without "cause", which is defined as engaging in conduct detrimental to the best interests of the Company (including, but not limited to, certain
            specified acts such as commission of a felony, theft, dishonesty, fraud or embezzlement) in the Executive Severance Agreement. In addition, pursuant to the Executive Severance Agreement, Mr. White is also bound by other restrictive covenants,
            including covenants relating to confidentiality and non-disparagement. Mr. White would also be entitled to continuation of medical and dental coverage at the employee premium rates for a period of 18 months following termination if Mr. White
            timely elects continuation and pays the required premiums.
The remainder of our NEOs are eligible for severance payments
            under the Executive Severance Plan if they experience a qualifying termination of employment and otherwise satisfy the conditions set forth in the applicable plan. The terms of this plan are set forth below.
Executive Severance Plan
Executive officers who have the title of Senior Vice President or
            above and report directly to a senior executive officer at a specific level are eligible to receive severance benefits under the Executive Severance Plan if they experience a qualifying termination of employment, meaning an involuntary
            termination for any reason other than for "cause" with no offer of an equivalent position, and otherwise satisfy the conditions set forth in the plan. The purpose of the Executive Severance Plan is to provide severance benefits to executive
            officers whose employment is involuntarily terminated in a qualifying termination of employment in order to assist with job transition. Pursuant to the Executive Severance Plan, eligible executive officers who are involuntarily terminated in a
            qualifying termination of employment will receive a lump sum cash payment equal to one and one-half times their "annual base pay" in effect at the time of termination. Annual base pay, for purposes of this agreement, equals base salary and
            excludes special payments, such as bonuses, expense reimbursements, living, or other allowances. Eligible executive officers would also be entitled to continuation of medical and dental coverage at employee premium rates for a period of 18
            months following termination, if the executive officer timely elects continuation coverage and pays the required premiums.
The following table shows the lump sum payments that would have
            been payable to each of our NEOs had they been terminated on December 31, 2020 and been eligible for severance payments pursuant to the Executive Severance Plan.
NEOs
Lump Sum Payment
Walter R. White
$1,730,200
William E. Gaumond
$703,328
Eric J. Thomes
$787,500
Jasmine M. Jirele
$687,570
Neil H. McKay
$765,000
(1)
Mr.
                    White is not eligible to receive payments pursuant to the Executive Severance Plan. See "Allianz Life Executive Severance Agreement" for information regarding severance payments that Mr. White is eligible to receive upon termination of
                    service.
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Director Compensation
The following table provides information on compensation paid to
            the directors of Allianz Life for the year ended December 31, 2020.
Name
Fees Earned
or Paid in
Cash
($)
(1)
Total
($)
(a)
(b)
(h)
Jacqueline Hunt
(2)
Chair of the Board
N/A
N/A
Walter R. White
(3)
President and Chief Executive Officer
N/A
N/A
William E. Gaumond
(3)
Senior Vice President, Chief Financial Officer and Treasurer
N/A
N/A
Anna Sophie Herken
(3)
Non-Independent Director
N/A
N/A
Ronald M. Clark
Independent Director
$10,000
$10,000
Howard E. Woolley
Independent Director
$40,000
$40,000
Kevin E. Walker
Independent Director
$50,000
$50,000
Udo Frank
Independent Director
$75,000
$75,000
(1)
Represents
                    cash compensation provided to our independent directors that is formalized in the Non-Employee Director Compensation Plan for the year ended December 31, 2020.
(2)
Mses.
                    Hunt and Herken did not receive any compensation for their services as directors since they are employed by one of our affiliates.
(3)
As employee directors, Messrs. White and Gaumond do not receive any compensation for their service as directors. The compensation Messrs. White and Gaumond received as executive officers of Allianz Life
                    is disclosed in the Summary Compensation Table as set forth herein.
Security Ownership of Certain Beneficial Owners and Management
We are an indirect wholly owned subsidiary of Allianz SE. Allianz
            SE's principal executive offices are located at Königinstrasse 28, 80802 Munich, Germany. As of March 31, 2021, the directors and executive officers of Allianz Life held less than 1% of Allianz SE's ordinary shares issued and outstanding.
Transactions with Related Persons, Promoters and Certain Control
            Persons
We are a wholly owned subsidiary of AZOA, which is a wholly owned
            subsidiary of Allianz Europe B.V. Allianz Europe B.V. is a wholly owned subsidiary of Allianz SE, our ultimate parent, which is registered in Munich, Germany.
Business and Operational Risks Relevant to the Contract
As an insurance company, a number of risks may affect our
            business. However, because the Contract (and any other insurance contract that we offer) is a regulated insurance product, as opposed to an investment in our business, many of the risks that may be relevant to an investor in our business are
            unlikely to be relevant to you. The risks described below are only those business and operational risks that are likely to be relevant to you as a purchaser of the Contract.
Risks Primarily Related to
              Our Financial Strength and Claims-Paying Ability
We make Annuity Payments and apply Credits for this Contract from
            our general account. We also pay benefits for other insurance contracts from our general account, and our general account is subject to claims by our creditors. Our ability to make payments from our general account is subject to our financial
            strength and claims-paying ability. The following risks relate to circumstances and events that may negatively affect our general account and, in turn, our financial strength and claims-paying ability.
Financial losses may threaten our financial strength and
            claims-paying ability.
As an Owner of the Contract, you do not share in the profits and
            losses generated by our business. However, if we were to experience significant losses, we might not have sufficient assets in our general account to satisfy all of our financial obligations under the Contract. Circumstances and events that may
            result in financial losses include, but are not necessarily
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limited to, the circumstances and events listed below. We cannot predict what
            specific impact that any of these circumstances or events may ultimately have on our financial strength or claims-paying ability.
•
Difficult
                    Economic Conditions.
Our financial condition is materially affected by conditions in the global capital markets and the economy generally. During an economic downturn, the demand for our financial
                      insurance products and services could be adversely affected. In addition, an economic downturn could cause the number and amount of surrenders and withdrawals under our insurance products to increase significantly, and owners of our
                      insurance products may choose to defer making purchase payments or paying insurance premiums or stop them altogether.
•
Unfavorable
                    Interest Rate Environments.
During periods of declining interest rates, we may experience financial losses as the spread between interest rates that we credit to customers under our insurance products
                      and returns on our investments tighten. The ongoing low interest rate environment presents challenges for us and other life insurance companies, as it has generally reduced investment returns, raised the value of future obligations,
                      and challenged asset-liability matching. During periods of increasing interest rates, we may experience financial losses due to increases in surrenders and withdrawals under our insurance products as our customers choose to forgo
                      insurance protection in favor of potentially higher returns. Although we take measures to manage economic risks associated with different interest rate environments, we may not be able to fully mitigate those risks.
•
Losses
                    on Fixed Maturity Investments.
Our fixed maturity investments are subject to interest rate risk and credit risk. Interest rate risk refers to how the values of our fixed maturity investments fluctuate in
                      response to changes in market interest rates. Increases and decreases in prevailing interest rates generally result in decreases and increases, respectively, in the values of our fixed maturity investments. Credit risk refers to the
                      risk that a counterparty will default on its commitments to us under a fixed maturity investment. See "Defaults by Counterparties" below.
•
Losses
                    on Equity Investments.
Our equity investments are generally valued based on quoted market prices and are subject to market risk. Market risk refers to how market prices for equity investments are subject
                      to fluctuation. A downward fluctuation in the market price for an equity investment could result in losses upon the sale of that investment. Fluctuations in market prices may result from, among other things, actual or perceived
                      changes in the attractiveness of specific investments or in general market conditions.
•
Losses
                    on Real Estate Investments.
A portion of our investment portfolio consists of mortgage loans and mortgage-backed securities related to commercial, agricultural and residential real estate. The value of
                      our real estate investments may be negatively impacted by general economic conditions in the real estate sector, including supply and demand, market volatility, and interest rate fluctuations, as well as the creditworthiness of
                      obligors.
•
Losses
                    upon the Sale of Illiquid Investments.
We hold certain investments that may lack liquidity, such as privately placed fixed maturity investments, mortgage loans, collateralized debt obligations,
                      commercial mortgage-backed securities, equity real estate and limited partnership interests. Although we seek to minimize the likelihood that we would need to sell illiquid investments, if we were required to liquidate these
                      investments on short notice, we may have difficulty doing so and may be forced to sell them for less than their fair value.
•
Loss of
                    Market Share to Competitors.
There is strong competition among insurers, banks, brokerage firms and other financial institutions and providers seeking clients for the types of products and services that
                      we provide. A loss of market share to our competitors could result in financial losses to our business. Our ability to successfully compete is dependent on numerous factors, some of which include the successful implementation of our
                      business strategy, our financial strength, the attractiveness of our products and services, our relationships with distributors, and our reputation. Our ability to compete may also be hindered if our competitors obtain or seek to
                      enforce intellectual property rights against us, or if we are otherwise precluded from offering products or services that are in demand. Our ability to compete may also be hindered if we are not able to protect or enforce our own
                      intellectual property rights.
•
Defaults
                    by Counterparties.
Third-parties that owe us money, securities, or other assets may not fulfill their obligations to us. These parties may include issuers of investments that we may hold, borrowers under
                      loans that we may hold or extend, counterparties under swap and other derivative contracts and other third-parties (e.g., customers, trading counterparties, brokers, dealers, banks, investment funds, clearing agents, exchanges and
                      clearing houses). In addition, with respect to secured transactions, the risk of default may be exacerbated when the collateral held by us cannot be liquidated or is liquidated at a price that is not sufficient to cover the full
                      amount owed to us. A party may default on its obligations for a variety of reasons, including bankruptcy, lack of liquidity, downturns in the economy or real estate market and operational failure. General economic conditions and
                      trends may also result in increased defaults.
•
Impairments of Other Financial Institutions.
We routinely execute transactions with counterparties in the financial services industry, including brokers, dealers,
                      commercial banks, investment banks, insurers, reinsurers and other investment and financial institutions. A disruption to, or decline in the financial condition of, such financial institutions may expose us to financial losses.
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•
Payments
                    through Guaranty Associations.
When an insurance company becomes insolvent, state insurance guaranty associations have the right to assess other insurance companies doing business in their state for
                      funds to pay obligations to policyholders of the insolvent company, up to the state-specified limit of coverage. The future failure of a large life, health or annuity insurer could trigger assessments which we would be obligated to
                      pay. Further, amounts for historical insolvencies may be assessed over many years, and there can be significant uncertainty around the total obligation for a given insolvency.
•
Ineffectiveness of Risk Management Policies.
Our risk management policies and procedures intended to identify, monitor and manage economic risks may not be fully
                      effective at mitigating our risk exposure in all market environments or against all types of risk. This could cause us to incur investment losses or cause our hedging and other risk management strategies to be ineffective.
Changes in applicable law may negatively affect our financial
            strength and claims-paying ability.
We are subject to detailed and comprehensive regulation and
            supervision in all the jurisdictions in which we operate. Our operations, products and services are subject to varying state and federal laws. In addition, our operations, products and services are regulated by various regulatory authorities
            and self-regulatory authorities including state insurance departments, state securities administrators, state banking authorities, the Securities and Exchange Commission, the Financial Industry Regulatory Authority, the Internal Revenue
            Service, the Department of Labor, and the U.S. Commodity Futures Trading Commission.
Changes to federal and state laws and regulations may materially
            affect the way in which we conduct our business. We are faced with significant challenges due to the fact that our regulatory environment is evolving rapidly. Federal and state governments, including federal and state regulatory authorities,
            have become increasingly active in the regulation of the businesses in which we engage. In addition, federal and state regulatory authorities are assuming active, and in some cases increasingly aggressive, roles in interpreting and enforcing
            laws and regulations related to our business. We cannot predict the potential effects that any new laws or regulations, changes in existing laws or regulations, or the interpretation or enforcement of laws or regulations may have on our
            business, but such changes may negatively affect our financial strength and claims-paying ability.
The Securities and Exchange Commission has recently adopted new
            rules (i) imposing a "best interest" standard of care on broker-dealers making recommendations to their customers and (ii) requiring broker-dealers and investment advisers to provide a written summary of the relationship between a broker-dealer
            or investment adviser, as applicable, and its customer. These new rules became effective on June 30, 2020. It remains unclear whether or to what extent these rules could ultimately affect broker-dealers' willingness to recommend our registered
            annuity products. These rules could increase, and to some extent have increased, our overall compliance costs and could also increase our exposure to legal claims in certain circumstances, including an increased risk of regulatory enforcement
            actions or potentially private claims.
Various states have also adopted laws raising the standard of
            care owed by broker-dealers, investment advisers, or insurance agents to their customers. For example, several states have adopted the National Association of Insurance Commissioners ("NAIC") has been working towards the adoption of revisions
            to the NAIC's revised Suitability in Annuity Transactions Model Regulation, which imposes a requirement that any recommendation of an annuity product be in the consumer's best interest. Some states have adopted laws that differ from the NAIC's
            Suitability in Annuity Transactions Model Regulation but impose similar obligations. As changes are adopted by our state regulator(s) and made applicable to us or the third-party firms that distribute our products, they could have an adverse
            impact on our business. In states that have adopted these increased standards with respect to annuity recommendations, this may lead to an increased risk of regulatory enforcement actions or potentially private claims.
Our reserves could be inadequate due to differences between our
            actual experience and management's estimates and assumptions.
We establish and carry reserves to pay future benefits and claims
            of policyholders. Our reserve are calculated based on a number of estimates and assumptions, including estimates and assumptions related to future mortality, morbidity, interest rates, future equity performance, reinvestment rates, persistency,
            claims experience, and policyholder elections (i.e., the exercise or non-exercise of policy benefits). The assumptions and estimates used in connection with the reserve estimation process are inherently uncertain, involve the exercise of
            significant judgment and reflect evolving information. For example, the current rates of mortality and morbidity may continue to improve in the future due to medical and technological advancements that result in policyholders living longer than
            anticipated. We periodically review the adequacy of reserves and the underlying assumptions and make adjustments when appropriate. We cannot, however, determine with precision the amounts that we will pay for, or the timing of payment of,
            actual benefits and claims or
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whether the assets supporting the policy liabilities will grow to the level
            assumed prior to payment of benefits or claims. If actual results differ significantly from our estimates and assumptions, our claim costs could increase significantly and our reserves could be inadequate. If so, we will be required to increase
            reserves or accelerate amortization of deferred acquisition costs. However, we cannot be certain that our reserves will ultimately be sufficient to pay future benefits and claims of policyholders.
The amount of statutory capital that we must hold to meet our
            statutory capital requirements can vary significantly from time to time.
Statutory accounting standards and capital and reserve
            requirements are prescribed by the applicable state insurance regulators and the NAIC. State insurance regulators have established regulations that govern reserving requirements and provide minimum capitalization requirements based on
            risk-based capital ("RBC") ratios for life insurance companies. In any particular year, statutory surplus amounts and RBC ratios may increase or decrease depending on a variety of factors, including but not limited to, the amount of statutory
            income or losses that we generate, changes in reserves, the amount of additional capital that we must hold to support business growth, changes in equity market levels, the value of certain fixed-income and equity securities in our investment
            portfolio, changes in interest rates, and changes to existing RBC formulas. Additionally, state insurance regulators have significant leeway in interpreting existing regulations, which could further impact the amount of statutory capital or
            reserves that we must maintain. There can be no assurance that we will be able to maintain our current RBC ratio in the future or that our RBC ratio will not fall to a level that could have a material adverse effect on our business. If we are
            unable to maintain minimum capitalization requirements, our business may be subject to significant increases in supervision and control by state insurance regulators.
Litigation and regulatory proceedings may negatively affect our
            financial strength and claims-paying ability.
We have been named as defendants in lawsuits (both class actions
            and individual lawsuits) and have been involved in various regulatory investigations and examinations, and we may be involved in more in the future. These actions arise in various contexts, including in connection with our activities as an
            insurer, securities issuer, employer, investor, and taxpayer. Lawsuits and regulatory proceedings may involve significant amounts of damages (including punitive damages) or fines that we must pay, and certain regulatory authorities involved in
            regulatory proceedings have substantial power over our business operations. An adverse outcome in any lawsuit or regulatory proceeding that results in significant financial losses or operational burdens may negatively affect our financial
            strength and claims-paying ability.
Reinsurance may not be available or affordable, or may not be
            adequate to protect against harm to our financial strength and claims-paying ability.
As part of our overall risk management strategy, we purchase
            reinsurance for certain risks underwritten by our various business segments. While reinsurance agreements generally bind the reinsurer for the life of the business reinsured at generally fixed pricing, market conditions beyond our control can
            determine the availability and cost of the reinsurance protection for new business. If we are unable to purchase the desired amount of reinsurance protection on acceptable terms, our risk of loss may increase. As our risk of loss increases, so
            does the risk that we may not be able to meet our financial obligations.
Our hedging programs may be inadequate to protect against harm to
            our financial strength and claims-paying ability.
Certain types of insurance and investment products that we offer
            expose us to risks associated with fluctuations in financial markets. Although we use hedging techniques to manage risks associated with our insurance guarantees, increased volatility in the financial markets and unanticipated policyholder
            behavior may increase the cost of these hedges and/or negatively affect our ability to hedge certain risks. We may lose money on the derivatives that we hold as part of our hedging programs or otherwise. Ultimately, our hedging programs may be
            inadequate to protect us against the full extent of the exposure or losses we seek to mitigate, which in turn may negatively impact our financial strength and claims-paying ability.
Downgrades and potential downgrades to our claims-paying and
            financial strength ratings may signal a higher risk that we may be unable to meet our financial obligations, and may themselves negatively affect our financial strength and claims-paying ability.
Our claims-paying and financial strength ratings, which various
            ratings organizations publish as measures of an insurance company's ability to meet policyholder obligations, are important to maintaining public confidence in Allianz Life and our products, and the ability to market our products and services.
            A downgrade or an announced potential downgrade in our claims-paying and financial strength ratings may reflect an increased risk that we may not be able to meet our financial
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obligations. Any such downgrade or potential downgrade may itself harm our
            financial strength and claims-paying ability by causing financial losses to our business. Such losses may be the result of:
•
reductions
                    in new sales of insurance products, annuities and other investment products;
•
increases
                    in our cost of capital or limitations on our access to sources of capital;
•
harm to
                    our relationships with distributors and sales specialists;
•
material
                    increases in the number or amount of surrenders and withdrawals under our insurance products;
•
pressure
                    on us to reduce prices or increase crediting rates for many of our insurance products; and
•
harm to our ability to obtain reinsurance or obtain reasonable pricing for reinsurance.
Similarly, downgrades or announced potential downgrades in the
            financial strength ratings of the financial institutions with which we do business may adversely impact our business operations and may cause financial losses to our business.
Risks Primarily Related to
              Our Business Operations
Breaches of security, or interference with our technology
            infrastructure, could harm our business.
Our business relies on technology systems and networks, including
            systems and networks managed by third parties to process, transmit and store information, and to conduct business activities and transactions with clients, distributors, vendors, and other third parties. We are also subject to certain federal
            and state regulations that require us to establish and maintain policies and procedures designed to protect sensitive client information. Maintaining the integrity of our systems is critical to the success of our business operations, including
            the retention of clients, and to the protection of our clients' personal information. To date, we have not identified any material breaches or interference with our systems and networks; however, we routinely encounter and address such threats,
            including an increasing frequency of phishing scams, introductions of malware and unauthorized payment requests. Any such breaches or interference by third parties or by our employees that may in the future occur could have a material adverse
            impact on our business operations and our financial condition.
We have implemented and maintain security measures designed to
            protect against breaches of security and other interference with systems and networks resulting from attacks by third parties, including hackers, and from employee error or malfeasance. We also require third party vendors who, in the provision
            of services to us, are provided with or process information pertaining to our business or our clients to meet certain information security standards. Changes in our technology platforms, such as an evolution to accommodate mobile computing, may
            also require corresponding changes in our systems, networks and data security measures. In addition, the increasing reliance on technology systems and networks and the occurrence and potential adverse impact of attacks on such systems and
            networks, both generally and in the financial services industry, have enhanced government and regulatory scrutiny of the measures taken by companies to protect against cyber-security threats. As these threats, and government and regulatory
            oversight of associated risks, continue to evolve, we may be required to expend additional resources to enhance or expand upon the security measures we currently maintain.
Despite the measures we have taken and may in the future take to
            address and mitigate these risks, we cannot ensure that our systems and networks will not be subject to breaches or interference. Any such event may result in operational disruptions as well as unauthorized access to or the disclosure or loss
            of our proprietary information or our clients' personal information, which in turn may result in legal claims, regulatory scrutiny and liability, reputational damage, the incurrence of costs to eliminate or mitigate further exposure, the loss
            of clients or other damage to our business. Any such event may interfere with, impede or cause delays in our calculation of values, processing of transactions and making of payments under the Contract. In addition, the trend toward broad
            consumer and general public notification of such incidents could exacerbate the harm to our business operations and our financial condition. Even if we successfully protected our technology infrastructure and the confidentiality of sensitive
            data, we may incur significant expenses in responding to any such attacks as well as the adoption and maintenance of appropriate security measures. We could also suffer harm to our business and reputation if attempted security breaches are
            publicized. We cannot be certain that advances in criminal capabilities, discovery of new vulnerabilities, attempts to exploit vulnerabilities in our systems, data thefts, physical system or network break-ins or inappropriate access, or other
            developments will not compromise or breach the technology or other security measures protecting our networks and systems used in connection with our products and services.
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The failure to protect our clients' confidential information and
            privacy could adversely affect our business.
A number of our businesses are subject to privacy regulations and
            confidentiality obligations, including the Gramm-Leach-Bliley Act and state privacy laws and regulations. We also have contractual obligations to protect certain confidential information we obtain from our existing vendors and clients. These
            obligations generally include protecting such confidential information in the same manner and to the same extent as we protect our own confidential information. The actions we take to protect confidential information vary by business segment
            and may include, among other things:
•
training
                    and educating our employees regarding our obligations relating to confidential information;
•
monitoring
                    changes in state or federal privacy and compliance requirements;
•
drafting
                    appropriate contractual provisions into any contract that raises proprietary and confidentiality issues;
•
maintaining
                    secure storage facilities for tangible records;
•
limiting
                    access to electronic information; and
•
in the event of a security breach, providing credit monitoring or other services to affected customers.
In addition, we must develop, implement and maintain a
            comprehensive written information security program with appropriate administrative, technical and physical safeguards to protect such confidential information. If we do not properly comply with privacy regulations and protect confidential
            information, we could experience adverse consequences, including regulatory sanctions, such as penalties, fines and loss of license, as well as loss of reputation and possible litigation. This could have an adverse impact on our Company's
            reputation and business results.
Protection from system interruptions and operating errors is
            important to our business. If we were to experience a sustained interruption to our telecommunications or data processing systems or other failure in operational execution could harm our business operations and our business results.
Operating errors and system or network interruptions could delay
            and disrupt our ability to develop, deliver or maintain our products and services, causing harm to our business and reputation and resulting in loss of customers or revenue. Operating errors and system or network interruptions may also
            interfere with, impede or cause delays in our calculation of values, processing of transactions and making of payments under the Contract. Interruptions could be caused by operational failures arising from employee error or malfeasance,
            interference by third parties (including hackers and other cyber-attacks), implementation of new technology, and maintenance of existing technology. Our financial, accounting, data processing or other operating systems and facilities may fail
            to operate or report data properly, experience connectivity disruptions or otherwise become disabled as a result of events that are wholly or partially beyond our control, adversely affecting our ability to process transactions or provide
            products and services to customers. The cause of these interruptions can include fires, floods, earthquakes and other natural disasters, power losses, equipment failures, attacks by third parties, failures of internal or vendor software or
            systems and other events beyond our control.
In addition, we rely on third party service providers and vendors
            for certain communications, technology and business functions and face the risk of operational failure (including, without limitation, failure caused by an inaccuracy, untimeliness or other deficiency in data reporting), termination or capacity
            constraints of any of the clearing agents, exchanges, clearing houses or other third party service providers that we use to facilitate or are component providers to our transactions and other product manufacturing and distribution activities.
            These risks are heightened by the evolution in the financial markets of increasingly sophisticated products, by business-driven hedging, by compliance issues and by other risk management or investment or by financial management strategies. Any
            such failure, termination or constraint could adversely impact our ability to implement transactions, service our clients, manage our exposure to risk or otherwise achieve desired outcomes.
The occurrence of natural or man-made disasters and catastrophes
            could adversely affect our business operations and our business results.
The occurrence of natural or man-made disasters and catastrophes,
            including acts of terrorism, public health crises (e.g. COVID-19), industrial accident, blackout, cyber-attack, computer virus, insider threat, insurrections and military actions, unanticipated problems with our disaster recovery systems, or a
            support failure from external providers, could adversely affect our business operations and our business results, particularly if those events affect our computer-based data processing, transmission, storage, and retrieval systems or destroy
            data. Such disasters and catastrophes may damage our facilities, preventing our employees from performing their roles or otherwise disturbing our ordinary business operations, and by impacting claims. Such disasters and catastrophes may also
            impact us indirectly by changing the condition and behaviors of our customers, business counterparties and regulators, as well as by causing declines or volatility in the economic and financial markets.
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Inadequate or failed processes or systems, human factors or
            external events may adversely affect our profitability, reputation or operational effectiveness.
Operational risk is inherent in our business and can manifest
            itself in various ways, including business interruption, poor vendor performance, information systems malfunctions or failures, regulatory breaches, human errors, employee misconduct, and external fraud. These events can potentially result in
            financial loss, harm to our reputation and/or hinder our operational effectiveness. Management attempts to control these risks and keep operational risk at low levels by maintaining a sound and well controlled environment in light of the
            characteristics of our business, markets and regulatory environment in which we operate. Notwithstanding these measures, operational risk is part of the business environment in which we operate, and we may experience operational disruptions and
            incur losses from time to time due to these types or risks.
Risks
Related
to
the COVID-19 Pandemic
We continue to closely monitor developments related to the
            COVID-19 pandemic and its impact on our business and operations. The economic conditions and uncertainties during the pandemic have at times negatively impacted our net income, surplus, and capital and liquidity positions. To date, however, we
            do not believe that these economic conditions and uncertainties have negatively impacted our overall financial strength and claims-paying ability in a significant manner. Nor do we believe that our administration of the Contract and our other
            insurance contracts has been disrupted in a significant manner, even as many of our employees and the employees of our third-party service providers continue to work remotely.
The extent to which the pandemic will impact our business and
            operations in the future will depend on future developments, which are highly uncertain and cannot be predicted, including the scope and duration of the pandemic and actions taken by governmental authorities and other third parties in response
            to the pandemic. The pandemic could have a material adverse effect on our financial condition and operations.
The pandemic-related risks that we face include (but are not
            necessarily limited to) the following:
•
Economic
                    conditions and uncertainties may negatively impact the value, cash flow, and liquidity of our general account investments due to,
e.g.
, market volatility, reduced liquidity, changes in interest
                    rates, economic shutdowns or slowdowns, government regulations, and counterparty defaults.
•
Voluntary
                    or government mandated hardship assistance that we provide to our customers in the form of,
e.g.
, grace periods for failure to make timely payments, may reduce our net income and surplus.
•
Reductions
                    in new sales of our financial products or reductions in fees collected by us, or increases in surrenders, cancellations, or defaults with respect to our customers' existing financial products, as a result of economic conditions and
                    uncertainties may reduce our net income and surplus.
•
Economic
                    conditions and uncertainties may limit our access to sources of capital and our ability to obtain reinsurance.
•
Voluntary and government mandated pandemic mitigation
efforts, such as prolonged remote working arrangements and economic shutdowns, and employees' ability or
                    willingness to fulfill their responsibilities during the pandemic, may disrupt our ability to administer our insurance contracts (including our ability to timely process applications, transactions, and payments and to calculate values)
                    and may disrupt the services provided by third-parties upon which we rely to administer our insurance contracts.
In addition to the risks listed above, to the extent that the
            pandemic impacts our business and operations, it may also have the effect of heightening the other risks described in this section of the prospectus.
14.
Financial

              Statements
The statutory financial statements of Allianz Life Insurance
            Company of North America as of December 31, 2020 and 2019 and for each of the three years in the period ended December 31, 2020 included in Appendix I of this prospectus have been so included in reliance on the report of PricewaterhouseCoopers
            LLP, an independent registered public accounting firm, given on the authority of said firm as experts in auditing and accounting.
The financial statements of the subaccounts of Allianz Life
            Variable Account B of Allianz Life Insurance Company of North America ("Variable Account B") as of December 31, 2020 and 2019 and for each of the two years in the period ended December 31, 2020 included in Appendix B of the SAI, which is
            incorporated in this prospectus by reference to Post-Effective Amendment No. 5 to Variable Account B's Form N-4 filed with the SEC (File No. 333-222815), have been
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
98
Table of Contents
so included in reliance on the report of PricewaterhouseCoopers LLP, an
            independent registered public accounting firm, given on the authority of said firm as experts in auditing and accounting.
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
99
Table of Contents
15.
Privacy
              Notice
Allianz Life Insurance Company of North America
PO Box 1344
Minneapolis, MN 55440-1344
800.328.5600
Your privacy is a high priority for Allianz Life Insurance
            Company of North America (Allianz) ("we" or "our"). This Privacy Notice outlines our principles for collecting, using and protecting information that we maintain about you. This Privacy Notice is also displayed on our website at
            www.allianzlife.com.
Information about you that Allianz collects
We collect information about you so that we can process the
            insurance transactions you request and administer or service your policy. We also collect information to inform you of new products and services and to engage in studies or research relating to our business. We limit the information collected
            to what is needed for our business purposes. We may collect your information from the following sources.
•
From
                    you, either directly or through our financial professionals. This may include information provided on your insurance application or other forms you may complete. The information we collect includes, but is not limited to, your name,
                    Social Security number, address, telephone number, mobile phone number, and email address.
•
From
                    others, through the process of issuing a policy or handling a claim. This may include information from consumer reporting agencies and medical or accident reports.
•
From
                    your doctor or during a home visit by a health care professional. This may include your health records gathered with your written consent.
•
From
                    your relationship with us. For example, this may include the number of years you have been a customer or the types of products you have purchased.
•
From data brokers that collect publicly available information about you. This includes household information, financial transactions, and social media activity.
Information about you that Allianz shares
We do not share information about current or former customers
            with anyone, except as allowed by law. "Allowed by law" means that we may share the information we collect about you as follows.
•
With
                    people and entities when we have your consent to share your information.
•
With
                    our affiliates and other third parties in order to process your application, or administer or service your policy.
•
With
                    consumer reporting agencies to obtain a medical report, credit report, or motor vehicle report. These reports are used to decide eligibility for a policy or to process transactions you request.
•
With
                    our financial professionals so that they can service your policy. They may also inform you of other Allianz products and services that may be of interest to you.
•
With
                    health care providers in order to process your claim.
•
As
                    required or otherwise permitted by law. This may include sharing information with state insurance agencies, law enforcement, and other government officials. We may also share your information to respond to subpoenas, court orders, and
                    other legal requests.
•
With
                    research groups to conduct studies on our business to improve the products and services we offer.
•
To
                    inform you of products and services that may be of interest to you. These communications may be made by us, our financial professionals, or through third parties.
•
With our affiliates so they can market their products and services to you. State insurance laws do not allow you to restrict this disclosure.
Allianz does not sell your information to anyone
We do not sell your information to anyone for their own marketing
            purposes. For this reason, we are not required to obtain your "opt in election," "opt out election," or authorization.
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
100
Table of Contents
Allianz policies and practices regarding security of your information
We limit access to your information to those employees,
            affiliates, and service providers who need it for our business purposes. We protect your information using safeguards that comply with applicable federal and state law. This includes measures that are administrative, physical, and technical in
            nature. We use reasonable measures to secure our websites and protect the information that may be shared over these sites.
Your ability to access and correct your information
You have the right to access and obtain a copy of your
            information. This does not include the right to access and copy your information related to a claim or civil or criminal proceeding. You may also write to us and ask about disclosure(s) of your information made within the last two (2) years. If
            you wish to review your information, please write us at:
Allianz Life Insurance Company of North America
Attn: Privacy Office
PO Box 1344
Minneapolis, MN 55440-1344
Please provide your full name, address, and policy number(s) in
            your written request. For your protection, please have your request notarized. We reserve the right to ask for additional verification of your identity.
Within 30 working days of our receipt of your written request,
            you may see and get a copy of your information in person. If you prefer, we will send you a copy of your information. If medical information is contained in your file, we may request that you name a medical professional to whom we will send
            your information.
If you believe any of your information is incorrect, you may
            write to us at the address above. Within 30 working days, we will let you know if our review has resulted in a correction of your information. If we do not agree there is an error, you may file a statement disputing our finding. We will attach
            the statement to your file. We will send any corrections we make, or your statement, to anyone we shared your information with over the past two years, and to anyone who may receive your information from us in the future. We do not control the
            information about you obtained from a consumer reporting agency or a Department of Motor Vehicles. We will provide you with the names and addresses of these agencies so you can contact them directly.
Notification of change
Your trust is one of our most important assets. If we revise our
            privacy practices in the future, we will notify you prior to implementing any changes.
For more information or if you have questions
If you have any questions or concerns about our privacy
            practices, please call the Corporate Compliance Privacy Office at 800.328.5600, contact us via the secured website, or write us at:
Allianz Life Insurance Company of North America
Attn: Privacy Office
PO Box 1344
Minneapolis, MN 55440-1344
This Privacy Notice is being provided on behalf of the following
            companies:
•
Allianz
                    Life Insurance Company of North America
•
Allianz Life Financial Services, LLC
M40018 (R-08/2020)
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
101
Table of Contents
16.
Table of
              Contents of the Form N-4 SAI
Allianz Life as Custodian
3
Legal Opinions
3
Distributor
3
Administrative Service Fees
3
Federal Tax Status
4
Annuity Contracts in General
4
Taxation of Annuities in General
4
Qualified Contracts
4
Purchasing a Qualified Contract
6
Distributions-Qualified Contracts
6
Distributions-Non-Qualified Contracts
8
Required Distributions
8
Diversification
9
Owner Control
9
Contracts Owned by Non-Individuals
9
Annuity Purchases by Nonresident Aliens and Foreign Corporations
9
Income Tax Withholding
9
Multiple Contracts
10
Partial 1035 Exchanges
10
Assignments, Pledges and Gratuitous Transfers
10
Death Benefits
10
Spousal Continuation and the Federal Defense of Marriage Act (DOMA)
10
Federal Estate Taxes
11
Generation-Skipping Transfer Tax
11
Foreign Tax Credits
11
Possible Tax Law Changes
11
Annuity Payments
11
Annuity Payment Options
11
Appendix A – Death of the Owner and/or Annuitant
13
Appendix B – Allianz Life Variable Account B Financial Statements
16
–
102
Table of Contents
Appendix A – Available Indexes
S&P 500
®
Index
The S&P 500
®
Index is comprised of 500 stocks representing major U.S. industrial sectors.
S&P
®
is a registered trademark of Standard & Poor's Financial Services LLC ("S&P"). This trademark has been licensed for use by S&P Dow Jones
            Indices LLC. S&P marks are trademarks of S&P. These trademarks have been sublicensed for certain purposes by Allianz Life Insurance Company of North America ("Allianz"). The S&P 500
®
Index ("the Index") is a product of S&P Dow Jones Indices LLC and/or its affiliates and have been licensed for use by Allianz.
Allianz products are not sponsored, endorsed, sold, or promoted
            by S&P Dow Jones Indices LLC, Dow Jones, S&P, or any of their respective affiliates (collectively, "S&P Dow Jones Indices"). S&P Dow Jones Indices make no representation or warranty, express or implied, to the owners of the
            Allianz products or any member of the public regarding the advisability of investments generally or in Allianz products particularly or the ability of the Index and Average to track general market performance. S&P Dow Jones Indices' only
            relationship to Allianz with respect to the Index and Average is the licensing of the Index and Average and certain trademarks, service marks, and/or trade names of S&P Dow Jones Indices and/or its third-party licensors. The Index and
            Average are determined, composed, and calculated by S&P Dow Jones Indices without regard to Allianz or the products. S&P Dow Jones Indices have no obligation to take the needs of Allianz or the owners of the products into consideration
            in determining, composing, or calculating the Index and Average. S&P Dow Jones Indices are not responsible for and have not participated in the design, development, pricing, and operation of the products, including the calculation of any
            interest payments or any other values credited to the products. S&P Dow Jones Indices have no obligation or liability in connection with the administration, marketing, or trading of products. There is no assurance that investment products
            based on the Index and Average will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC and its subsidiaries are not investment advisors. Inclusion of a security or futures contract within an
            index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security or futures contract, nor is it considered to be investment advice. Notwithstanding the foregoing, CME Group Inc. and its affiliates may independently
            issue and/or sponsor financial products unrelated to products currently being issued by Allianz, but which may be similar to and competitive with Allianz products. In addition, CME Group Inc., an indirect minority owner of S&P Dow Jones
            Indices LLC, and its affiliates may trade financial products which are linked to the performance of the Index and Average. It is possible that this trading activity will affect the value of the products.
S&P DOW JONES INDICES DO NOT GUARANTEE THE ADEQUACY,
            ACCURACY, TIMELINESS, AND/OR THE COMPLETENESS OF THE INDEX AND AVERAGE OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO.
            S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIM ALL WARRANTIES, OF MERCHANTABILITY
            OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY ALLIANZ, OWNERS OF THE PRODUCTS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX AND AVERAGE OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY
            OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME, OR GOODWILL,
            EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD-PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND ALLIANZ
            OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES.
Russell 2000
®
Index
The Russell 2000
®
Index is an equity index that measures the performance of the 2,000 smallest companies in the Russell 3000
®
Index, which is made up of 3,000 of the biggest U.S. stocks. The Russell 2000
®
Index is constructed to provide a comprehensive and unbiased small-cap barometer and is completely reconstituted annually to ensure larger stocks do
            not affect the performance and characteristics of the true small-cap index.
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
Appendix A
103
Table of Contents
The Russell 2000
®
Index (the "Index") is a trademark of Frank Russell Company ("Russell") and has been licensed for use by Allianz Life Insurance Company of North
            America ("Allianz"). Allianz products are not in any way sponsored, endorsed, sold or promoted by Russell or the London Stock Exchange Group companies ("LSEG") (together the "Licensor Parties") and none of the Licensor Parties make any claim,
            prediction, warranty or representation whatsoever, expressly or impliedly, either as to (i) the results to be obtained from the use of the Index (upon which the Allianz product is based), (ii) the figure at which the Index is said to stand at
            any particular time on any particular day or otherwise, or (iii) the suitability of the Index for the purpose to which it is being put in connection with the Allianz product. None of the Licensor Parties have provided or will provide any
            financial or investment advice or recommendation in relation to the Index to Allianz or to its clients. The Index is calculated by Russell or its agent. None of the Licensor Parties shall be (a) liable (whether in negligence or otherwise) to
            any person for any error in the Index or (b) under any obligation to advise any person of any error therein.
Nasdaq-100
®
Index
The NASDAQ-100 Index
®
includes 100 of the largest domestic and international non-financial securities listed on The NASDAQ Stock Market
®
based on market capitalization.
The Product(s) is not sponsored, endorsed, sold or promoted by
            Nasdaq, Inc. or its affiliates (Nasdaq, with its affiliates, are referred to as the "Corporations"). The Corporations have not passed on the legality or suitability of, or the accuracy or adequacy of descriptions and disclosures relating to,
            the Product(s). The Corporations make no representation or warranty, express or implied to the owners of the Product(s) or any member of the public regarding the advisability of investing in securities generally or in the Product(s)
            particularly, or the ability of the Nasdaq-100 Index
®
to track general stock market performance. The Corporations' only relationship to Allianz Life
            Insurance Company of North America ("Licensee") is in the licensing of the NASDAQ
®
, and Nasdaq-100 Index
®
registered trademarks, and certain trade names of the Corporations and the use of the Nasdaq-100 Index
®
which is determined, composed and calculated by NASDAQ without regard to Licensee or the Product(s). Nasdaq has no obligation to take the needs of
            the Licensee or the owners of the Product(s) into consideration in determining, composing or calculating the Nasdaq-100 Index
®
. The Corporations are
            not responsible for and have not participated in the determination of the timing of, prices of, or quantities of the Product(s) to be issued or in the determination or calculation of the equation by which the Product(s) is to be converted into
            cash. The Corporations have no liability in connection with the administration, marketing or trading of the Product(s).
THE CORPORATIONS DO NOT GUARANTEE THE ACCURACY AND/OR
            UNINTERRUPTED CALCULATION OF THE NASDAQ-100 INDEX
®
OR ANY DATA INCLUDED THEREIN. THE CORPORATIONS MAKE NO WARRANTY, EXPRESS OR IMPLIED, AS TO
            RESULTS TO BE OBTAINED BY LICENSEE, OWNERS OF THE PRODUCT(S), OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE NASDAQ-100 INDEX
®
OR ANY DATA
            INCLUDED THEREIN. THE CORPORATIONS MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE NASDAQ-100 INDEX
®
OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL THE CORPORATIONS HAVE ANY LIABILITY FOR ANY LOST PROFITS OR
            SPECIAL, INCIDENTAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES, EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.
EURO STOXX 50
®
The EURO STOXX 50
®
, Europe's leading blue-chip index for the Eurozone, provides a blue-chip representation of supersector leaders in the Eurozone. The index covers 50
            stocks from 11 Eurozone countries: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. STOXX Limited, Deutsche Börse Group and their licensors, research partners or data providers have no
            relationship to Allianz Life Insurance Company of North America ("Allianz"), other than the licensing of the EURO STOXX 50
®
and the related
            trademarks for use in connection with Allianz products.
STOXX, Deutsche Börse Group and their licensors, research partners or data providers do
not
:
•
sponsor,
                    endorse, sell or promote Allianz products.
•
recommend
                    that any person invest in Allianz products or any other securities.
•
have
                    any responsibility or liability for or make any decisions about the timing, amount or pricing of Allianz products.
•
have any responsibility or liability for the administration, management or marketing of Allianz products.
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
Appendix A
104
Table of Contents
•
consider
                    the needs of Allianz products or the owners of Allianz products in determining, composing or calculating the EURO STOXX 50 or have any obligation to do so.
STOXX, Deutsche Börse Group and their licensors, research partners
            or data providers give no warranty, and exclude any liability (whether in negligence or otherwise), in connection with the Allianz products or their performance.
STOXX does not assume any contractual relationship with the
            purchasers of Allianz products or any other third parties.
Specifically,
•
STOXX,
                    Deutsche Börse Group and their licensors, research partners or data providers do not give any warranty, express or implied, and exclude any liability about:
•
The
                    results to be obtained by Allianz products, the owner of Allianz products or any other person in connection with the use of the EURO STOXX 50 and the data included in the EURO STOXX 50;
•
The
                    accuracy, timeliness, and completeness of the EURO STOXX 50 and its data;
•
The
                    merchantability and the fitness for a particular purpose or use of the EURO STOXX 50 and its data;
•
The
                    performance of Allianz products generally.
•
STOXX,
                    Deutsche Börse Group and their licensors, research partners or data providers give no warranty and exclude any liability, for any errors, omissions or interruptions in the EURO STOXX 50 or its data;
•
Under no circumstances will STOXX, Deutsche Börse Group or their licensors, research partners or data providers be liable (whether in negligence or otherwise) for any lost profits or indirect, punitive,
                    special or consequential damages or losses, arising as a result of such errors, omissions or interruptions in the EURO STOXX 50 or its data or generally in relation to Allianz products, even in circumstances where STOXX, Deutsche Börse
                    Group or their licensors, research partners or data providers are aware that such loss or damage may occur.
The licensing Agreement between Allianz and STOXX is solely for
            their benefit and not for the benefit of the owners of Allianz products or any other third parties.
i
Shares
®
MSCI Emerging Markets ETF
The iShares
®
MSCI Emerging Markets ETF distributed by BlackRock Investments, LLC. iShares
®
, BLACKROCK
®
, and the corresponding logos are
            registered trademarks of BlackRock, Inc. and its affiliates ("BlackRock") and are used under license. These trademarks have been licensed for certain purposes by Allianz Life Insurance Company of North America ("Allianz") and its wholly-owned
            subsidiaries. Products offered by Allianz or its wholly-owned subsidiaries are not sponsored, endorsed, sold or promoted by BlackRock, and purchasers of such products do not acquire any interest in the iShares
®
MSCI Emerging Markets ETF nor enter into any relationship of any kind with BlackRock. BlackRock makes no representations or warranties, express or
            implied, to the owners of any products offered by Allianz or its wholly-owned subsidiaries, or any member of the public regarding the advisability of purchasing a product from Allianz or its wholly-owned subsidiaries. BlackRock has no
            obligation or liability for any errors, omissions, interruptions or use of the iShares MSCI Emerging Markets ETF or any data related thereto, or with the operation, marketing, trading or sale of any products or services offered by Allianz.
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
Appendix A
105
Table of Contents
Appendix B – Daily Adjustment
Generally
We designed the Daily Adjustment to provide an Index Option
            Value for each Index Option with the Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy on Business Days other than the Term Start Date or the Term End Date. The Daily Adjustment approximates the Index Option Value
            that will be available on the Term End Date. It is the estimated present value of the future Performance Credit that we will apply on the Term End Date. The Daily Adjustment takes into account:
(i)
any
                    Index gains during the Term subject to the applicable Precision Rate, Cap, and/or Participation Rate,
(ii)
either
                    any Index losses greater than the Buffer or Index losses down to the Floor, and
(iii)
the number of days until the Term End Date.
The Daily Adjustment formula has two primary components, (i) the
            change in Proxy Value and (ii) accumulated proxy interest, which are added together and then multiplied by the Index Option Base. We designed the Daily Adjustment to estimate the present value of positive or negative Performance Credit that
            will be available on the Term End Date taking into account any applicable Buffer, Floor, Precision Rate, Cap, and/or Participation Rate. You should note that even if your selected Index(es) experience positive growth, the Daily Adjustments may
            be negative because of other market conditions, such as the expected volatility of Index prices and interest rates. Therefore, the Daily Adjustment could result in a loss beyond the protection of the Buffer or Floor. The Daily Adjustment for
            3-year and 6-year Term Index Options may be more negatively impacted by changes in the expected volatility of Index prices than 1-year Term Index Options due the difference in Term length. Also, the risk of a negative Daily Adjustment is
            greater for 3-year and 6-year Term Index Options than 1-year Term Index Options because the Buffer is exposed to a longer time period. The impact of the Cap and Buffer on the Daily Adjustment for a 1-year Term Index Option is greater than it is
            for a 3-year or 6-year Term Index Option because we apply the Cap and Buffer for the entire Term length, and the Term length is shorter for a 1-year Term.
Daily Adjustment Formula
The formula for the calculation of the Daily Adjustment is as
            follows:
Daily Adjustment = [(a) change in Proxy Value + (b) proxy
            interest] x Index Option Base
Where:
(a)
change
                    in Proxy Value = (current Proxy Value – beginning Proxy Value)
(b)
proxy
                    interest = beginning Proxy Value x (1 – time remaining during the Term)
Calculating Change in Proxy Value
The change in Proxy Value represents the current hypothetical
            value of the Proxy Investment (current Proxy Value), less the cost of the Proxy Investment on the Term Start Date (beginning Proxy Value).
The current Proxy Value is the Proxy Value calculated on the same
            day as the Daily Adjustment. The beginning Proxy Value is the Proxy Value calculated on the Term Start Date.
The Proxy Value is calculated differently for each Crediting
            Method.
For the
Index
              Precision Strategy
, the Proxy Value involves tracking two hypothetical derivatives and is calculated using the following formula:
[Precision Rate x (at-the-money binary
            call)] – (out-of-the-money put)
With respect to our Proxy Value formula, we designed the
            at-the-money binary call to value the potential for gains equal to the Precision Rate if on the Term End Date, the Index Value is greater than or equal to the Index Value on the Term Start Date, and the out-of-the-money put to value the
            potential for Index losses greater than the Buffer for the Index Precision Strategy. It is important to note that the out-of-the-money put will almost always reduce the Daily Adjustment, even when the current Index price on a Business Day is
            higher than the Index Value on the Term Start Date. This is because the risk that the Index Value could be lower on the Term End Date is present to some extent whether or not the current Index price on a Business Day is lower than the Index
            Value on the Term Start Date.
For the
Index
              Guard Strategy
, the Proxy Value involves tracking four hypothetical derivatives and is calculated using the following formula:
Proxy Value = (at-the-money call) –
            (out-of-the-money call) – (at-the-money put) + (out-of-the-money put)
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
Appendix B
106
Table of Contents
With respect to our Proxy Value formula, we designed the
            at-the-money call and out-of-the-money call to value the potential for Index gains up to the Cap and the at-the-money put to value the potential for Index losses, but add back the out-of-money put to mimic the protection of the Floor for the
            Index Guard Strategy. It is important to note that the at-the-money put will almost always reduce the Daily Adjustment, even when the current Index price on a Business Day is higher than the Index Value on the Term Start Date. It is also
            important to note that the out-of-money put will almost always reduce, and never exceed, the negative impact of the at-the-money put for the Index Guard Strategy.
For the
Index
              Performance Strategy
, the Proxy Value involves tracking three hypothetical derivatives and is calculated using the following formula:
Proxy Value = (at-the-money call) –
            (out-of-the-money call) – (out-of-the-money put)
With respect to our Proxy Value formula, we designed the
            at-the-money call and out-of-the-money call to value the potential for Index gains subject to any applicable Participation Rate up to the Cap, and the out-of-the-money put to value the potential for Index losses greater than the Buffer for the
            Index Performance Strategy. Similar to the Index Precision Strategy, it is important to note that the out-of-the-money put will almost always reduce the Daily Adjustment, even when the current Index price on a Business Day is higher than the
            Index Value on the Term Start Date. This is because the risk that the Index Value could be lower on the Term End Date is present to some extent whether or not the current Index price on a Business Day is lower than the Index Value on the Term
            Start Date. For purposes of the Proxy Value formula the value of the out-of-the-money call will be zero if an Index Option is uncapped.
Calculating Proxy Interest
The proxy interest is an amount of interest that is earned to
            provide compensation for the cost of the Proxy Investment on the Term Start Date. The proxy interest is approximated by the value of amortizing the cost of the Proxy Investment over the Term to zero. The formula for proxy interest involves the
            calculation of (i) the beginning Proxy Value (the formula for which varies depending on the Crediting Method, as previously discussed) and (ii) the time remaining during a Term. The time remaining during a Term is equal to the number of days
            remaining in the Term divided by the Term length. The Term length is 365 days for a 1-year Term; 1,095 days for a 3-year Term; and 2,190 days for a 6-year Term. The proxy interest may be significantly different from current interest rates
            available on interest bearing investments.
Additional Information
You can find a more detailed explanation of the calculation of
            the Proxy Value, including examples, in Exhibit 99(b) of the Form S-1 Registration Statement filed with the SEC, of which this prospectus is a part. This Exhibit is incorporated by reference into this prospectus. You can obtain a copy of
            Exhibit 99(b) by calling (800) 624-0197, or visiting our website at www.allianzlife.com.
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
Appendix B
107
Table of Contents
Appendix
            C – Historical Buffers, Floors, and Initial and Renewal DPSCs, Precision Rates, and Caps
•  The iShares
®
MSCI Emerging Markets ETF first became available to newly issued Contracts on April 29, 2019, and became available to certain existing
                    Contracts on the first Index Anniversary that occurred on or after August 20, 2019.
•  The Index Performance Strategy
                    3-year Term with 20% Buffer Index Options first became available to newly issued Contracts on May 1, 2020, and became available to certain existing Contracts on the first Index Anniversary that occurred on or after November 23, 2020. We
                    stopped offering these Index Options to newly issued Contracts on April 30, 2021.
•  The Index Performance Strategy
                    3-year and 6-year Term Index Options with a Participation Rate first became available to newly issued Contracts on April 30, 2021. Therefore, no historical information for these Index Options is included here.
•  For more
                    information, please see Appendix H.
This information regarding the Buffers, Floors and initial and
            renewal DPSCs, Precision Rates, and Caps is for historical purposes only; it is not a representation as to future Buffers, Floors, DPSCs, Precision Rates, or Caps. DPSCs, Precision Rates, and Caps may change frequently, and may vary
            substantially based on market conditions.
Index Protection Strategy with DPSC
Following are the highest and lowest initial and renewal DPSCs
            offered for Index Effective Date periods occurring within each calendar year during August 20, 2018 (the date the Contracts were first issued) through January 4, 2021.
Index Effective Dates: 8/20/2018 – 1/1/2019
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
iShares
®
MSCI
                    Emerging Markets ETF
DPSCs
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial DPSCs
4.10%
5.40%
4.20%
5.50%
4.20%
5.50%
5.40%
7.10%
NA
NA
1st Anniversary Renewal DPSCs
4.20%
5.20%
4.30%
5.30%
4.20%
5.30%
5.50%
6.90%
4.60%
5.60%
2nd Anniversary Renewal DPSCs
4.30%
5.00%
4.40%
5.10%
4.30%
5.10%
4.70%
6.70%
4.60%
5.40%
Index Effective Dates: 1/2/2019 – 1/6/2020
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
iShares
®
MSCI
                    Emerging Markets ETF
DPSCs
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial DPSCs
1
3.80%
5.90%
3.90%
5.90%
3.80%
5.90%
4.70%
7.50%
4.00%
5.80%
1st Anniversary Renewal DPSCs
3.70%
5.70%
3.90%
5.70%
4.00%
5.70%
4.00%
7.30%
4.00%
6.10%
1
The
                    initial DPSCs for the iShares
®
MSCI Emerging Markets ETF are for a partial period of April 29, 2019 through January 6, 2020.
Index Effective Dates: 1/7/2020 – 1/4/2021
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
iShares
®
MSCI
                    Emerging Markets ETF
DPSCs
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial DPSCs
2.30%
3.80%
2.40%
3.80%
2.30%
3.70%
2.40%
4.50%
2.40%
3.90%
Index Protection Strategy with Cap
Following are the highest and lowest initial and renewal Caps
            offered for Index Effective Date periods occurring within each calendar during August 20, 2018 (the date the Contracts were first issued) through January 4, 2021.
Index Effective Dates: 8/20/2018 – 1/1/2019
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
iShares
®
MSCI
                    Emerging Markets ETF
Caps
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial Caps
4.50%
6.00%
4.75%
6.25%
4.50%
6.00%
7.00%
10.75%
NA
NA
1st Anniversary Renewal Caps
4.75%
5.75%
4.75%
5.75%
4.50%
5.50%
7.75%
10.25%
4.50%
5.75%
2nd Anniversary Renewal Caps
4.50%
5.50%
4.50%
5.25%
4.50%
5.25%
5.50%
7.75%
4.75%
5.50%
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
Appendix C
108
Table of Contents
Index Protection Strategy with Cap
(continued)
Index Effective Dates: 1/2/2019 – 1/6/2020
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
iShares
®
MSCI
                    Emerging Markets ETF
Caps
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial Caps
1
4.25%
7.00%
4.25%
6.75%
4.00%
6.75%
5.75%
13.75%
4.25%
6.25%
1st Anniversary Renewal Caps
3.75%
6.50%
4.00%
6.25%
4.25%
6.25%
4.25%
11.75%
4.25%
6.75%
1
The
                    initial Caps for the iShares
®
MSCI Emerging Markets ETF are for a partial period of April 29, 2019 through January 6, 2020.
Index Effective Dates: 1/7/2020 – 1/4/2021
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
iShares
®
MSCI
                    Emerging Markets ETF
Caps
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial Caps
2.50%
4.00%
2.50%
4.00%
2.50%
4.00%
2.50%
5.50%
2.50%
4.25%
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
Appendix C
109
Table of Contents
Index Precision Strategy
Following are the highest and lowest initial and renewal
            Precision Rates offered for Index Effective Date periods occurring within each calendar year during August 20, 2018 (the date the Contracts were first issued) through January 4, 2021. During the periods shown below, the Buffer was 10.00% for
            each Index.
Index Effective Dates: 8/20/2018 – 1/1/2019
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
iShares
®
MSCI
                    Emerging Markets ETF
Precision Rates
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial Precision Rates
8.00%
10.20%
8.60%
11.00%
9.50%
12.10%
11.70%
13.80%
NA
NA
1st Anniversary Renewal Precision Rates
7.80%
10.40%
9.10%
11.50%
8.90%
11.30%
11.40%
13.10%
10.40%
12.30%
2nd Anniversary Renewal Precision Rates
11.10%
13.70%
12.30%
15.90%
12.70%
15.40%
11.10%
14.10%
11.40%
14.40%
Index Effective Dates: 1/2/2019 – 1/6/2020
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
iShares
®
MSCI
                    Emerging Markets ETF
Precision Rates
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial Precision Rates
1
8.70%
11.30%
9.90%
11.60%
9.70%
13.40%
11.70%
14.20%
10.90%
12.30%
1st Anniversary Renewal Precision Rates
8.60%
13.80%
9.30%
16.00%
9.50%
15.40%
10.80%
14.20%
10.20%
14.50%
1
The
                    initial Precision Rates for the iShares
®
MSCI Emerging Markets ETF are for a partial period of April 29, 2019 through January 6, 2020.
Index Effective Dates: 1/7/2020 – 1/4/2021
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
iShares
®
MSCI
                    Emerging Markets ETF
Precision Rates
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial Precision Rates
8.60%
13.80%
9.30%
16.00%
9.50%
15.40%
10.80%
14.20%
10.20%
14.50%
Index Guard Strategy
Following are the highest and lowest initial and renewal Caps
            offered for Index Effective Date periods occurring within each calendar year during August 20, 2018 (the date the Contracts were first issued) through January 4, 2021. During the periods shown below, the Floor was -10.00% for each Index.
Index Effective Dates: 8/20/2018 – 1/1/2019
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
iShares
®
MSCI
                    Emerging Markets ETF
Caps
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial Caps
10.25%
12.50%
10.50%
12.75%
10.25%
12.50%
22.00%
25.50%
NA
NA
1st Anniversary Renewal Caps
11.25%
13.75%
12.00%
14.00%
10.75%
12.75%
24.50%
26.00%
13.75%
16.00%
2nd Anniversary Renewal Caps
9.25%
11.00%
11.00%
11.25%
10.50%
12.00%
18.00%
20.00%
11.00%
12.25%
Index Effective Dates: 1/2/2019 – 1/6/2020
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
iShares
®
MSCI
                    Emerging Markets ETF
Caps
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial Caps
1
12.75%
15.25%
12.75%
14.50%
11.25%
13.50%
24.50%
28.00%
14.50%
16.75%
1st Anniversary Renewal Caps
9.25%
13.00%
10.50%
12.50%
10.25%
12.00%
18.00%
26.00%
11.00%
14.50%
1
The
                    initial Caps for the iShares
®
MSCI Emerging Markets ETF are for a partial period of April 29, 2019 through January 6, 2020.
Index Effective Dates: 1/7/2020 – 1/4/2021
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
iShares
®
MSCI
                    Emerging Markets ETF
Caps
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial Caps
9.25%
13.00%
10.50%
12.50%
10.25%
12.00%
12.50%
26.00%
11.00%
14.50%
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
Appendix C
110
Table of Contents
Index Performance Strategy 1-year Term
Following are the highest and lowest initial and renewal Caps
            offered for Index Effective Date periods occurring within each calendar year during August 20, 2018 (the date the Contracts were first issued), through January 4, 2021. During the periods shown below, the Buffer was 10.00% for each Index.
Index Effective Dates: 8/20/2018 – 1/1/2019
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
iShares
®
MSCI
                    Emerging Markets ETF
Caps
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial Caps
14.00%
16.25%
14.25%
16.00%
14.75%
17.00%
24.00%
27.50%
NA
NA
1st Anniversary Renewal Caps
13.25%
16.00%
14.00%
17.75%
13.25%
16.50%
26.50%
28.00%
16.75%
23.00%
2nd Anniversary Renewal Caps
20.00%
22.50%
21.50%
25.75%
21.75%
26.25%
27.50%
29.50%
20.25%
26.00%
Index Effective Dates: 1/2/2019 – 1/6/2020
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
iShares
®
MSCI
                    Emerging Markets ETF
Caps
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial Caps
1
14.25%
17.25%
15.00%
17.75%
14.25%
18.50%
26.50%
29.00%
19.00%
23.00%
1st Anniversary Renewal Caps
13.75%
22.25%
14.00%
25.75%
13.50%
26.25%
25.00%
29.50%
17.50%
26.00%
1
The
                    initial Caps for the iShares
®
MSCI Emerging Markets ETF are for a partial period of April 29, 2019 through January 6, 2020.
Index Effective Dates: 1/7/2020 – 1/4/2021
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Nasdaq-100
®
Index
EURO STOXX 50
®
iShares
®
MSCI
                    Emerging Markets ETF
Caps
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Lowest
Highest
Initial Caps
13.75%
22.25%
14.00%
25.75%
13.50%
26.25%
25.00%
29.50%
17.50%
26.00%
Index Performance Strategy 3-year Term with 20% Buffer
The Index Performance Strategy 3-year Term with 20% Buffer Index Options first became available to newly issued Contracts on May 1, 2020, and became available to
                    certain existing Contracts on the first Index Anniversary that occurred on or after November 23, 2020. We stopped offering these Index Options to newly issued Contracts on April 30, 2021. For more information, please see Appendix H.
Following are the highest and lowest initial and renewal Caps
            offered for Index Effective Date periods occurring during May 1, 2020 (the date Index Performance Strategy 3-year Term with 20% Buffer was first available), through January 4, 2021. During the periods shown below the Buffer was 20.00% for each
            Index. A highest Cap of 100% in a period indicates an Index Option was uncapped during that period. If both the highest and lowest Caps are 100% in a period it indicates the Index Option was uncapped during the entire period.
Index Effective Dates: 8/20/2018 – 1/1/2019
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Caps
Lowest
Highest
Lowest
Highest
2nd Anniversary Renewal Caps
1
100.00%
100.00%
50.00%
55.00%
1
The 2nd
                    Anniversary Renewal Caps are for a partial period of November 23, 2020 through January 1, 2021.
Index Effective Dates: 1/2/2019 – 1/6/2020
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Caps
Lowest
Highest
Lowest
Highest
1st Anniversary Renewal Caps
1
100.00%
100.00%
50.00%
55.00%
1
The 1st
                    Anniversary Renewal Caps are for a partial period of November 23, 2020 through January 6, 2021.
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
Appendix C
111
Table of Contents
Index Performance Strategy 3-year Term with 20% Buffer
(continued)
Index Effective Dates: 1/7/2020 – 1/4/2021
Indexes:
S&P 500
®
Index
Russell 2000
®
Index
Caps
Lowest
Highest
Lowest
Highest
Initial Caps
1
75.00%
100.00%
50.00%
80.00%
1
The
                    initial Caps are for a partial period of May 1, 2020 through January 6, 2021.
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
Appendix C
112
Table of Contents
Appendix D – Historical Index Option Performance
            Information
•  The Index Performance Strategy 3-year Term with 20%
                    Buffer using the S&P 500
®
Index was not available before May 1, 2020. Therefore, no performance for this Index Option will be included
                    here until after May 1, 2023.
•  The Index
                    Performance Strategy 3-year and 6-year Term Index Options with a Participation Rate using the S&P 500
®
Index were not available before
                    April 30, 2021. Therefore, no performance for these 3-year Term Index Options will be included here until after May 1, 2024, and no performance for these 6-year Term Index Options will be included here until after May 1, 2027. For more
                    information, please see Appendix H.
The following historical information, based on historical
            Buffers, Floors, DPSCs, Precision Rates, and Caps, show how actual movements in the external Index Returns impacted actual Credits. They show the lowest and highest actual annual Index Returns for each time period, and the corresponding Credits
            received for these Index Returns. No single Crediting Method or Index Option consistently delivers the most return under all market conditions. Past performance does not guaranteed future results. This historical information shows the returns
            for Contracts with Index Effective Date periods occurring within the first year that each Crediting Method was available using the S&P 500
®
Index.
Index Protection Strategy with DPSC AND the S&P 500
®
Index
Index Effective Date
8/20/2018-
9/4/2018
9/5/2018-
10/1/2018
10/2/2018-
11/5/2018
11/6/2018-
12/3/2018
12/4/2018-
1/1/2019
1/2/2019-
2/4/2019
2/5/2019-
3/4/2019
Initial DPSC
4.10%
5.00%
5.00%
5.10%
5.40%
5.60%
5.90%
1st Index Year Index Return
-0.95% to
3.70%
0.54% to
4.18%
-1.23% to
14.32%
9.64% to
19.03%
15.28% to
37.10%
20.04% to
32.15%
6.10% to
23.91%
1st Index Anniversary Credit
0% or
4.10%
5.00%
0% or
5.00%
5.10%
5.40%
5.60%
5.90%
1st Anniversary Renewal DPSC
4.20%
4.50%
4.80%
5.00%
5.20%
5.40%
2nd Index Year Index Return
14.38% to
21.47%
9.12% to
15.15%
7.54% to
20.29%
14.06% to
18.54%
14.29% to
18.84%
13.17% to
18.86%
2nd Index Anniversary Credit
4.20%
4.50%
4.80%
5.00%
5.20%
5.40%
Index Effective Date
3/5/2019-
4/1/2019
4/2/2019-
5/6/2019
5/7/2019-
6/3/2019
6/4/2019-
7/1/2019
7/2/2019-
8/5/2019
8/6/2019-
9/3/2019
Initial DPSC
5.60%
5.50%
5.40%
5.20%
4.90%
4.70%
1st Index Year Index Return
-21.63% to
8.40%
-13.39% to
-0.89%
-0.10% to
13.79%
3.27% to
13.68%
4.48% to
16.98%
14.38% to
22.36%
1st Index Anniversary Credit
0% or
5.60%
0%
0% or
5.40%
5.20%
4.90%
4.70%
Index Protection Strategy with Cap AND the S&P 500
®
Index
Index Effective Date
8/20/2018-
9/4/2018
9/5/2018-
10/1/2018
10/2/2018-
11/5/2018
11/6/2018-
12/3/2018
12/4/2018-
1/1/2019
1/2/2019-
2/4/2019
2/5/2019-
3/4/2019
Initial Cap
4.50%
5.75%
5.75%
5.75%
6.00%
6.50%
7.00%
1st Index Year Index Return
-0.95% to
3.70%
0.54% to
4.18%
-1.23% to
14.32%
9.64% to
19.03%
15.28% to
37.10%
20.04% to
32.15%
6.10% to
23.91%
1st Index Anniversary Credit
0% or
3.70%
0.54% to
4.18%
0% or
5.75%
5.75%
6.00%
6.50%
6.10% to
7.00%
1st Anniversary Renewal Cap
4.75%
5.00%
5.50%
5.75%
5.50%
6.00%
2nd Index Year Index Return
14.38% to
21.47%
9.12% to
15.15%
7.54% to
20.29%
14.06% to
18.54%
14.29% to
18.84%
13.17% to
18.86%
2nd Index Anniversary Credit
4.75%
5.00%
5.50%
5.75%
5.50%
6.00%
Index Effective Date
3/5/2019-
4/1/2019
4/2/2019-
5/6/2019
5/7/2019-
6/3/2019
6/4/2019-
7/1/2019
7/2/2019-
8/5/2019
8/6/2019-
9/3/2019
Initial Cap
6.50%
6.50%
6.25%
6.00%
5.75%
5.50%
1st Index Year Index Return
-21.63% to
8.40%
-13.39% to
-0.89%
-0.10% to
13.79%
3.27% to
13.68%
4.48% to
16.98%
14.38% to
22.36%
1st Index Anniversary Credit
0% or
6.50%
0%
0% or
6.25%
3.27% to
6.00%
4.48% to
5.75%
5.50%
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
Appendix D
113
Table of Contents
Index Precision Strategy with the S&P 500
®
Index
The Buffer was 10% for all time periods. For Index Anniversaries with a range of Credits, any positive Credit cannot be less than the stated positive number.
Index Effective Date
8/20/2018-
9/4/2018
9/5/2018-
10/1/2018
10/2/2018-
11/5/2018
11/6/2018-
12/3/2018
12/4/2018-
1/1/2019
1/2/2019-
2/4/2019
2/5/2019-
3/4/2019
Initial Precision Rate
8.00%
8.20%
8.50%
8.90%
10.20%
10.70%
11.30%
1st Index Year Index Return
-0.95% to
3.70%
0.54% to
4.18%
-1.23% to
14.32%
9.64% to
19.03%
15.28% to
37.10%
20.04% to
32.15%
6.10% to
23.91%
1st Index Anniversary Credit
0% or
8.00%
8.20%
0% or
8.50%
8.90%
10.20%
10.70%
11.30%
1st Anniversary Renewal Precision Rate
7.80%
9.80%
10.40%
10.10%
9.40%
9.40%
2nd Index Year Index Return
14.38% to
21.47%
9.12% to
15.15%
7.54% to
20.29%
14.06% to
18.54%
14.29% to
18.84%
13.17% to
18.86%
2nd Index Anniversary Credit
7.80%
9.80%
10.40%
10.10%
9.40%
9.40%
Index Effective Date
3/5/2019-
4/1/2019
4/2/2019-
5/6/2019
5/7/2019-
6/3/2019
6/4/2019-
7/1/2019
7/2/2019-
8/5/2019
8/6/2019-
9/3/2019
Initial Precision Rate
10.00%
9.30%
9.00%
9.30%
10.00%
8.70%
1st Index Year Index Return
-21.63% to
8.40%
-13.39% to
-0.89%
-0.10% to
13.79%
3.27% to
13.68%
4.48% to
16.98%
14.38% to
22.36%
1st Index Anniversary Credit
-11.63% to
10.00%
-3.39% to
0.00%
0% or
9.00%
9.30%
10.00%
8.70%
Index Guard Strategy with the S&P 500
®
Index
The Floor was -10% for all time periods
Index Effective Date
8/20/2018-
9/4/2018
9/5/2018-
10/1/2018
10/2/2018-
11/5/2018
11/6/2018-
12/3/2018
12/4/2018-
1/1/2019
1/2/2019-
2/4/2019
2/5/2019-
3/4/2019
Initial Cap
10.25%
12.00%
11.50%
11.50%
12.50%
13.50%
14.25%
1st Index Year Index Return
-0.95% to
3.70%
0.54% to
4.18%
-1.23% to
14.32%
9.64% to
19.03%
15.28% to
37.10%
20.04% to
32.15%
6.10% to
23.91%
1st Index Anniversary Credit
-0.95% to
3.70%
0.54% to
4.18%
-1.23% to
11.50%
9.64% to
11.50%
12.50%
13.50%
6.10% to
14.25%
1st Anniversary Renewal Cap
11.25%
13.75%
13.50%
12.75%
13.00%
12.25%
2nd Index Year Index Return
14.38% to
21.47%
9.12% to
15.15%
7.54% to
20.29%
14.06% to
18.54%
14.29% to
18.84%
13.17% to
18.86%
2nd Index Anniversary Credit
11.25%
9.12% to
13.75%
7.54% to
13.50%
12.75%
13.00%
12.25%
Index Effective Date
3/5/2019-
4/1/2019
4/2/2019-
5/6/2019
5/7/2019-
6/3/2019
6/4/2019-
7/1/2019
7/2/2019-
8/5/2019
8/6/2019-
9/3/2019
Initial Cap
15.25%
14.50%
14.50%
13.25%
14.50%
14.50%
1st Index Year Index Return
-21.63% to
8.40%
-13.39% to
-0.89%
-0.10% to
13.79%
3.27% to
13.68%
4.48% to
16.98%
14.38% to
22.36%
1st Index Anniversary Credit
-10.00% to
8.40%
-10.00% to
-0.89%
-0.10% to
13.79%
3.27% to
13.25%
4.48% to
14.50%
14.38% to
14.50%
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
Appendix D
114
Table of Contents
Index Performance Strategy 1-year Term with the S&P 500
®
Index
The Buffer was 10% for all time periods.
Index Effective Date
8/20/2018-
9/4/2018
9/5/2018-
10/1/2018
10/2/2018-
11/5/2018
11/6/2018-
12/3/2018
12/4/2018-
1/1/2019
1/2/2019-
2/4/2019
2/5/2019-
3/4/2019
Initial Cap
14.00%
15.25%
15.00%
15.25%
16.25%
16.50%
17.25%
1st Index Year Index Return
-0.95% to
3.70%
0.54% to
4.18%
-1.23% to
14.32%
9.64% to
19.03%
15.28% to
37.10%
20.04% to
32.15%
6.10% to
23.91%
1st Index Anniversary Credit
0% to
3.70%
0.54% to
4.18%
0% to
14.32%
9.64% to
15.25%
15.28% to
16.25%
16.50%
6.10% to
17.25%
1st Anniversary Renewal Cap
13.25%
15.50%
15.75%
16.00%
15.50%
15.00%
2nd Index Year Index Return
14.38% to
21.47%
9.12% to
15.15%
7.54% to
20.29%
14.06% to
18.54%
14.29% to
18.84%
13.17% to
18.86%
2nd Index Anniversary Credit
13.25%
9.12% to
15.15%
7.54% to
15.75%
14.06% to
16.00%
14.29% to
15.50%
13.17% to
15.00%
Index Effective Date
3/5/2019-
4/1/2019
4/2/2019-
5/6/2019
5/7/2019-
6/3/2019
6/4/2019-
7/1/2019
7/2/2019-
8/5/2019
8/6/2019-
9/3/2019
Initial Cap
16.75%
15.25%
14.75%
15.00%
16.25%
14.25%
1st Index Year Index Return
-21.63% to
8.40%
-13.39% to
-0.89%
-0.10% to
13.79%
3.27% to
13.68%
4.48% to
16.98%
14.38% to
22.36%
1st Index Anniversary Credit
-11.63% to
8.40%
-3.39% to
0.00%
0% to
13.79%
3.27% to
13.68%
4.48% to
16.25%
14.25%
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
Appendix D
115
Table of Contents
Appendix E – Annual Contract Fees Calculation
            Examples
Please note that these examples may differ from your actual results
            due to rounding.
Assuming You Purchase a Contract with the Traditional Death
            Benefit
You purchase a Contract with the Traditional Death Benefit and
            your Contract automatically includes the Income Benefit. On the Quarterly Contract Anniversary your total annual Contract fees are 1.95% (1.25% product fee and a 0.70% rider fee for the Income Benefit) and your Contract Value and Charge Base
            are $100,000. This Contract Value includes any gains or losses on the AZL Government Money Market Fund (if applicable) and any Daily Adjustments or Credits on the Index Options. During the quarter you make no additional Purchase Payments and
            take no withdrawals. We calculate the daily Contract fee amount for this quarter as follows:
(the Charge Base) x (total annual Contract fees ÷ 365) = daily
            Contract fee amount, or:
$100,000 x (1.95% ÷ 365) = $5.34
If there are 89 days in the current quarter (which includes the
            next Quarterly Contract Anniversary), then the total quarterly Contract fees are:
(number of days in the current quarter) x (daily Contract fee
            amount), or:
89 x $5.34 = $475.48
On the next Quarterly Contract Anniversary we would deduct
            $475.48 from the Contract Value. We first account for any gains/losses on the AZL Government Money Market Fund (if applicable) and add any Daily Adjustments or Credits to the Index Option Values, then process any additional Purchase Payments
            and withdrawals, including deduction of the total quarterly Contract fees. We then set the Charge Base equal to this new Contract Value. If the Contract Value at the end of the day on the Quarterly Contract Anniversary after all processing is
            $101,250 we would begin computing the daily Contract fees for the next quarter on the next day as:
(the Charge Base) x (total annual Contract fees ÷ 365) = daily
            Contract fee amount, or:
$101,250 x (1.95% ÷ 365) = $5.41
If you make an additional Purchase Payment of $15,000 on the 43rd
            day of the next quarter, your Charge Base would increase by the amount of the payment to $116,250 ($101,250 + $15,000). We would then use this new Charge Base to begin computing the daily Contract fees for the remainder of the quarter on the
            next day as:
(the Charge Base) x (total annual Contract fees ÷ 365) = daily
            Contract fee amount, or:
$116,250 x (1.95% ÷ 365) = $6.21
If there are 92 days in the current quarter (which includes the
            next Quarterly Contract Anniversary), then the total quarterly Contract fees are:
(number of days in the current quarter) x (daily Contract fee
            amount), or:
(43 x $5.41) + (49 x $6.21) = $232.60 + $304.32 = $536.92
On the next Quarterly Contract Anniversary we would deduct
            $536.92 from the Contract Value after we account for any gains/losses on the AZL Government Money Market Fund (if applicable) and add any Daily Adjustments or Credits to the Index Option Values. We would then process any additional Purchase
            Payments and any other withdrawals and set the Charge Base equal to this new Contract Value and begin computing the daily Contract fees for the next quarter on the next day.
Assuming You Purchase a Contract with the Maximum Anniversary
            Value Death Benefit
You purchase a Contract with the Maximum Anniversary Value Death
            Benefit and your Contract automatically includes the Income Benefit. On the Quarterly Contract Anniversary your total annual Contract fees are 2.15% (1.25% product fee, 0.70% rider fee for the Income Benefit, and a 0.20% rider fee for the
            Maximum Anniversary Value Death Benefit) and your Contract Value and Charge Base are $100,000. This Contract Value includes any gains or losses on the AZL Government Money Market Fund (if applicable) and any Daily Adjustments or Credits on the
            Index Options. During the quarter you make no additional Purchase Payments and take no withdrawals. We calculate the daily Contract fee amount for this quarter as follows:
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
Appendix E
116
Table of Contents
(the Charge Base) x (total annual Contract fees ÷ 365) = daily
            Contract fee amount, or:
$100,000 x (2.15% ÷ 365) = $5.89
If there are 89 days in the current quarter (which includes the
            next Quarterly Contract Anniversary), then the total quarterly Contract fees are:
(number of days in the current quarter) x (daily Contract fee
            amount), or:
89 x $5.89 = $524.25
On the next Quarterly Contract Anniversary we would deduct
            $524.25 from the Contract Value. We first account for any gains/losses on the AZL Government Money Market Fund (if applicable) and add any Daily Adjustments or Credits to the Index Option Values, then process any additional Purchase Payments
            and withdrawals, including deduction of the total quarterly Contract fee. We then set the Charge Base equal to this new Contract Value. If the Contract Value at the end of the day on the Quarterly Contract Anniversary after all processing is
            $101,250, we would begin computing the daily Contract fees for the next quarter on the next day as:
(the Charge Base) x (total annual Contract fees ÷ 365) = daily
            Contract fee amount, or:
$101,250 x (2.15% ÷ 365) = $5.96
If you make an additional Purchase Payment of $15,000 on the 43rd
            day of the next quarter, your Charge Base would increase by the amount of the payment to $116,250 ($101,250 + $15,000). We would then use this new Charge Base to begin computing the daily Contract fees for the remainder of the quarter on the
            next day as:
(the Charge Base) x (total annual Contract fees ÷ 365) = daily
            Contract fee amount, or:
$116,250 x (2.15% ÷ 365) = $6.85
If there are 92 days in the current quarter (which includes the
            next Quarterly Contract Anniversary), then the total quarterly Contract fees are:
(number of days in the current quarter) x (daily Contract fee
            amount), or:
(43 x $5.96) + (49 x $6.85) = $256.45 + $335.53 = $591.98
On the next Quarterly Contract Anniversary we would deduct
            $591.98 from the Contract Value after we account for any gains/losses on the AZL Government Money Market Fund (if applicable) and add any Daily Adjustments or Credits to the Index Option Values. We would then process any additional Purchase
            Payments and any other withdrawals and set the Charge Base equal to this new Contract Value and begin computing the daily Contract fees for the next quarter on the next day.
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
Appendix E
117
Table of Contents
Appendix F – Previous Versions of Income Benefit
The benefit version identifier, for example (08.18), is located
            in your rider.
Income Benefit (08.18) was available from August 20, 2018 to
            January 1, 2019. Income Benefit (08.18) had an Income Payment waiting period of one Index Year and the following table for Income Percentages and Income Percentage Increases.
Eligible Person's Age (or younger Eligible Person's age for joint Income Payments)
Income Percentages
Income Percentage
Increases
Level Income
Increasing Income
Single Income
Payments
Joint Income
Payments
Single Income
Payments
Joint Income
Payments
0-50
4.00%
3.50%
3.00%
2.50%
0.25%
51
4.10%
3.60%
3.10%
2.60%
0.25%
52
4.20%
3.70%
3.20%
2.70%
0.25%
53
4.30%
3.80%
3.30%
2.80%
0.25%
54
4.40%
3.90%
3.40%
2.90%
0.25%
55
4.50%
4.00%
3.50%
3.00%
0.30%
56
4.60%
4.10%
3.60%
3.10%
0.30%
57
4.70%
4.20%
3.70%
3.20%
0.30%
58
4.80%
4.30%
3.80%
3.30%
0.30%
59
4.90%
4.40%
3.90%
3.40%
0.30%
60
5.00%
4.50%
4.00%
3.50%
0.35%
61
5.10%
4.60%
4.10%
3.60%
0.35%
62
5.20%
4.70%
4.20%
3.70%
0.35%
63
5.30%
4.80%
4.30%
3.80%
0.35%
64
5.40%
4.90%
4.40%
3.90%
0.35%
65
5.50%
5.00%
4.50%
4.00%
0.40%
66
5.60%
5.10%
4.60%
4.10%
0.40%
67
5.70%
5.20%
4.70%
4.20%
0.40%
68
5.80%
5.30%
4.80%
4.30%
0.40%
69
5.90%
5.40%
4.90%
4.40%
0.40%
70
6.00%
5.50%
5.00%
4.50%
0.45%
71
6.10%
5.60%
5.10%
4.60%
0.45%
72
6.20%
5.70%
5.20%
4.70%
0.45%
73
6.30%
5.80%
5.30%
4.80%
0.45%
74
6.40%
5.90%
5.40%
4.90%
0.45%
75
6.50%
6.00%
5.50%
5.00%
0.50%
76
6.60%
6.10%
5.60%
5.10%
0.50%
77
6.70%
6.20%
5.70%
5.20%
0.50%
78
6.80%
6.30%
5.80%
5.30%
0.50%
79
6.90%
6.40%
5.90%
5.40%
0.50%
80+
7.00%
6.50%
6.00%
5.50%
0.55%
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
Appendix F
118
Table of Contents
Income Benefit (01.19) was available from January 2, 2019 to July
            1, 2019. Income Benefit (09.19) was available from September 17, 2019 through April 6, 2020. Income Benefit (01.19) and (09.19) had an Income Payment waiting period of one Index Year and the following table for Income Percentages and Income
            Percentage Increases.
Eligible Person's Age (or younger Eligible Person's age for joint Income Payments)
Income Percentages
Income Percentage
Increases
Level Income
Increasing Income
Single Income
Payments
Joint Income
Payments
Single Income
Payments
Joint Income
Payments
0-50
4.20%
3.70%
3.20%
2.70%
0.25%
51
4.30%
3.80%
3.30%
2.80%
0.25%
52
4.40%
3.90%
3.40%
2.90%
0.25%
53
4.50%
4.00%
3.50%
3.00%
0.25%
54
4.60%
4.10%
3.60%
3.10%
0.25%
55
4.70%
4.20%
3.70%
3.20%
0.30%
56
4.80%
4.30%
3.80%
3.30%
0.30%
57
4.90%
4.40%
3.90%
3.40%
0.30%
58
5.00%
4.50%
4.00%
3.50%
0.30%
59
5.10%
4.60%
4.10%
3.60%
0.30%
60
5.20%
4.70%
4.20%
3.70%
0.35%
61
5.30%
4.80%
4.30%
3.80%
0.35%
62
5.40%
4.90%
4.40%
3.90%
0.35%
63
5.50%
5.00%
4.50%
4.00%
0.35%
64
5.60%
5.10%
4.60%
4.10%
0.35%
65
5.70%
5.20%
4.70%
4.20%
0.40%
66
5.80%
5.30%
4.80%
4.30%
0.40%
67
5.90%
5.40%
4.90%
4.40%
0.40%
68
6.00%
5.50%
5.00%
4.50%
0.40%
69
6.10%
5.60%
5.10%
4.60%
0.40%
70
6.20%
5.70%
5.20%
4.70%
0.45%
71
6.30%
5.80%
5.30%
4.80%
0.45%
72
6.40%
5.90%
5.40%
4.90%
0.45%
73
6.50%
6.00%
5.50%
5.00%
0.45%
74
6.60%
6.10%
5.60%
5.10%
0.45%
75
6.70%
6.20%
5.70%
5.20%
0.50%
76
6.80%
6.30%
5.80%
5.30%
0.50%
77
6.90%
6.40%
5.90%
5.40%
0.50%
78
7.00%
6.50%
6.00%
5.50%
0.50%
79
7.10%
6.60%
6.10%
5.60%
0.50%
80+
7.20%
6.70%
6.20%
5.70%
0.55%
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
Appendix F
119
Table of Contents
Income Benefit (07.19) was available from July 2, 2019 to
            September 16, 2019. Income Benefit (07.19) had an Income Payment waiting period of one Index Year and the following table for Income Percentages and Income Percentage Increases.
Eligible Person's Age (or younger Eligible Person's age for joint Income Payments)
Income Percentages
Income Percentage
Increases
Level Income
Increasing Income
Single Income
Payments
Joint Income
Payments
Single Income
Payments
Joint Income
Payments
0-50
4.70%
4.20%
3.70%
3.20%
0.25%
51
4.80%
4.30%
3.80%
3.30%
0.25%
52
4.90%
4.40%
3.90%
3.40%
0.25%
53
5.00%
4.50%
4.00%
3.50%
0.25%
54
5.10%
4.60%
4.10%
3.60%
0.25%
55
5.20%
4.70%
4.20%
3.70%
0.30%
56
5.30%
4.80%
4.30%
3.80%
0.30%
57
5.40%
4.90%
4.40%
3.90%
0.30%
58
5.50%
5.00%
4.50%
4.00%
0.30%
59
5.60%
5.10%
4.60%
4.10%
0.30%
60
5.70%
5.20%
4.70%
4.20%
0.35%
61
5.80%
5.30%
4.80%
4.30%
0.35%
62
5.90%
5.40%
4.90%
4.40%
0.35%
63
6.00%
5.50%
5.00%
4.50%
0.35%
64
6.10%
5.60%
5.10%
4.60%
0.35%
65
6.20%
5.70%
5.20%
4.70%
0.40%
66
6.30%
5.80%
5.30%
4.80%
0.40%
67
6.40%
5.90%
5.40%
4.90%
0.40%
68
6.50%
6.00%
5.50%
5.00%
0.40%
69
6.60%
6.10%
5.60%
5.10%
0.40%
70
6.70%
6.20%
5.70%
5.20%
0.45%
71
6.80%
6.30%
5.80%
5.30%
0.45%
72
6.90%
6.40%
5.90%
5.40%
0.45%
73
7.00%
6.50%
6.00%
5.50%
0.45%
74
7.10%
6.60%
6.10%
5.60%
0.45%
75
7.20%
6.70%
6.20%
5.70%
0.50%
76
7.30%
6.80%
6.30%
5.80%
0.50%
77
7.40%
6.90%
6.40%
5.90%
0.50%
78
7.50%
7.00%
6.50%
6.00%
0.50%
79
7.60%
7.10%
6.60%
6.10%
0.50%
80+
7.70%
7.20%
6.70%
6.20%
0.55%
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
Appendix F
120
Table of Contents
Income Benefit (04.20) was available from April 7, 2020 to
            September 7, 2020. Income Benefit (11.20) was available from November 17, 2020 to March 1, 2021. Income Benefit (04.20) and (11.20) had an Income Payment waiting period of three Index Years and the following table for Income Percentages and
            Income Percentage Increases.
Eligible Person's Age (or younger Eligible Person's age for joint Income Payments)
Income Percentages
Income Percentage
Increases
Level Income
Increasing Income
Single Income
Payments
Joint Income
Payments
Single Income
Payments
Joint Income
Payments
0-50
4.00%
3.50%
3.20%
2.70%
0.25%
51
4.10%
3.60%
3.30%
2.80%
0.25%
52
4.20%
3.70%
3.40%
2.90%
0.25%
53
4.30%
3.80%
3.50%
3.00%
0.25%
54
4.40%
3.90%
3.60%
3.10%
0.25%
55
4.50%
4.00%
3.70%
3.20%
0.30%
56
4.60%
4.10%
3.80%
3.30%
0.30%
57
4.70%
4.20%
3.90%
3.40%
0.30%
58
4.80%
4.30%
4.00%
3.50%
0.30%
59
4.90%
4.40%
4.10%
3.60%
0.30%
60
5.00%
4.50%
4.20%
3.70%
0.35%
61
5.10%
4.60%
4.30%
3.80%
0.35%
62
5.20%
4.70%
4.40%
3.90%
0.35%
63
5.30%
4.80%
4.50%
4.00%
0.35%
64
5.40%
4.90%
4.60%
4.10%
0.35%
65
5.50%
5.00%
4.70%
4.20%
0.40%
66
5.60%
5.10%
4.80%
4.30%
0.40%
67
5.70%
5.20%
4.90%
4.40%
0.40%
68
5.80%
5.30%
5.00%
4.50%
0.40%
69
5.90%
5.40%
5.10%
4.60%
0.40%
70
6.00%
5.50%
5.20%
4.70%
0.45%
71
6.10%
5.60%
5.30%
4.80%
0.45%
72
6.20%
5.70%
5.40%
4.90%
0.45%
73
6.30%
5.80%
5.50%
5.00%
0.45%
74
6.40%
5.90%
5.60%
5.10%
0.45%
75
6.50%
6.00%
5.70%
5.20%
0.50%
76
6.60%
6.10%
5.80%
5.30%
0.50%
77
6.70%
6.20%
5.90%
5.40%
0.50%
78
6.80%
6.30%
6.00%
5.50%
0.50%
79
6.90%
6.40%
6.10%
5.60%
0.50%
80+
7.00%
6.50%
6.20%
5.70%
0.55%
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®
Variable Annuity Prospectus – April 30, 2021
Appendix F
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Table of Contents
Income Benefit (09.20) was available from September 8, 2020 to
            November 16, 2020. Income Benefit (09.20) had an Income Payment waiting period of three Index Years and the following table for Income Percentages and Income Percentage Increases.
Eligible Person's Age (or younger Eligible Person's age for joint Income Payments)
Income Percentages
Income Percentage
Increases
Level Income
Increasing Income
Single Income
Payments
Joint Income
Payments
Single Income
Payments
Joint Income
Payments
0-50
4.50%
4.00%
3.70%
3.20%
0.25%
51
4.60%
4.10%
3.80%
3.30%
0.25%
52
4.70%
4.20%
3.90%
3.40%
0.25%
53
4.80%
4.30%
4.00%
3.50%
0.25%
54
4.90%
4.40%
4.10%
3.60%
0.25%
55
5.00%
4.50%
4.20%
3.70%
0.30%
56
5.10%
4.60%
4.30%
3.80%
0.30%
57
5.20%
4.70%
4.40%
3.90%
0.30%
58
5.30%
4.80%
4.50%
4.00%
0.30%
59
5.40%
4.90%
4.60%
4.10%
0.30%
60
5.50%
5.00%
4.70%
4.20%
0.35%
61
5.60%
5.10%
4.80%
4.30%
0.35%
62
5.70%
5.20%
4.90%
4.40%
0.35%
63
5.80%
5.30%
5.00%
4.50%
0.35%
64
5.90%
5.40%
5.10%
4.60%
0.35%
65
6.00%
5.50%
5.20%
4.70%
0.40%
66
6.10%
5.60%
5.30%
4.80%
0.40%
67
6.20%
5.70%
5.40%
4.90%
0.40%
68
6.30%
5.80%
5.50%
5.00%
0.40%
69
6.40%
5.90%
5.60%
5.10%
0.40%
70
6.50%
6.00%
5.70%
5.20%
0.45%
71
6.60%
6.10%
5.80%
5.30%
0.45%
72
6.70%
6.20%
5.90%
5.40%
0.45%
73
6.80%
6.30%
6.00%
5.50%
0.45%
74
6.90%
6.40%
6.10%
5.60%
0.45%
75
7.00%
6.50%
6.20%
5.70%
0.50%
76
7.10%
6.60%
6.30%
5.80%
0.50%
77
7.20%
6.70%
6.40%
5.90%
0.50%
78
7.30%
6.80%
6.50%
6.00%
0.50%
79
7.40%
6.90%
6.60%
6.10%
0.50%
80+
7.50%
7.00%
6.70%
6.20%
0.55%
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
Appendix F
122
Table of Contents
Appendix G – Alternate Minimum Value
The Alternate Minimum Value continues to be available to Contracts issued in Pennsylvania. For all other states, the Alternate Minimum Value became unavailable to Contracts:
•  issued in California, Hawaii,
                    Indiana, Montana, Nebraska, and Rhode Island on or after January 27, 2020; and
• issued in all
                    other states on or after November 18, 2019.
For Contracts with the Alternate Minimum Value, if you take a
            withdrawal (including Income Payments), annuitize the Contract, or if we pay a death benefit, each Index Option Value for each Crediting Method also includes any increase from its guaranteed minimum
(Alternate
              Minimum Value)
. If you receive no Credits, or only modest Credits, over many years, the Alternate Minimum Value may be higher than the Index Option Value. However, we expect that an Alternate Minimum Value generally will not be greater
            than its Index Option Value.
If you take a full withdrawal, final Income Payment, annuitize
            the Contract, or if we pay a death benefit, we compare each Index Option Value to its Alternate Minimum Value and we increase your Index Option Value to equal the Alternate Minimum Value if it is greater. If you take a partial withdrawal or
            Income Payment, we compare the percentage of Index Option Value withdrawn (including any applicable withdrawal charge) with an equivalent percentage of its Alternate Minimum Value.
The Alternate Minimum Value for each of your selected Index
            Options is generally equal to 87.5% of the Index Option Base determined on the Term Start Date as adjusted for withdrawals and withdrawal charges taken during the current Term, plus Accumulated Alternate Interest and the Daily Adjustment (if
            applicable).
However, for Contracts issued in Pennsylvania on or after February 24, 2020, the Alternate Minimum Value does
not
accrue Accumulated Alternate Interest for Index Options available with the Index Precision Strategy, Index
              Guard Strategy, or Index Performance Strategy.
Accumulated Alternate Interest
is the sum of alternate interest earned for the entire time you own your Contract. For each Index Year the alternate
            interest is equal to either 70% or 87.5% of the Index Option Base multiplied by the alternate interest rate stated in your Contract.
We use 70% if your Contract was issued in
….
We use 87.5% if your Contract was issued in
….
• Pennsylvania from April 29, 2019 to February 21, 2020,
• California and Montana on or after July 22, 2019
• New Hampshire on or after June 24, 2019
• any other state on or after April 29, 2019
•  Pennsylvania before April 29, 2019, or on or after February 24, 2020,
• California and Montana before July 22, 2019
• New Hampshire before June 24, 2019
• any other state before April 29, 2019
We add interest to the Accumulated Alternate Interest daily. You
            can find more information about the Alternate Minimum Value at Exhibit 99(a) of the Form S-1 Registration Statement filed with the SEC, of which this prospectus is a part. This information is incorporated by reference into this prospectus. You
            can obtain a copy of Exhibit 99(a) by calling (800) 624-0197, or visiting our website at www.allianzlife.com.
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
Appendix G
123
Table of Contents
Appendix H – Material Contract Variations by State
            and Issue Date
Your Contract is subject to the law of the state in which it is
            issued. Some of the features of your Contract may differ from the features of a Contract issued in another state because of state-specific legal requirements. In addition, not all features and benefits are approved in all states. All material
            State and Issue Date variations in the Contract are disclosed in this Appendix. If you would like more information regarding State and Issue Date specific Contract provisions, you should contact your Financial Professional or contact our
            Service Center at the toll-free telephone number listed at the back of this prospectus.
Crediting Method and/or Index Option Availability Restrictions
Crediting Method / Index Options
Availability Restrictions:
iShares
®
MSCI Emerging Markets
                    ETF with the Index Protection Strategy with DPSC, Index Protection Strategy with Cap, Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy 1-year Term
– For Contracts issued in California and Montana, these first became available to newly issued Contracts on July 22, 2019
– For Contracts issued in New Hampshire, these first became available to newly issued Contracts on June 24, 2019
– For Contracts issued in all other states, these first became available to newly issued Contracts on April 29, 2019.
– For Contracts issued before April 29, 2019, these first became available on the first Index Anniversary that occurred on or after June 3, 2019.
Index Performance Strategy 3-year Term with 20% Buffer available to Contracts issued before April 30, 2021
– Not available to Contracts issued in New Hampshire, or to Contracts issued on or after April 30, 2012.
– For Contracts issued in Virginia, these first became to newly issued Contracts on May 19, 2020.
– For Contracts issued in Montana, these first became to newly issued Contracts on June 23, 2020.
– For Contracts issued in Pennsylvania, these first became to newly issued Contracts on July 21, 2020.
– For Contracts issued in all other states, it first became available to newly issued Contracts on May 1, 2020.
– For Contracts issued before May 1, 2020, it first became available on the first Index Anniversary that occurred on or after November 23, 2020.
Index Performance Strategy 3-year and 6-year Terms with Participation Rate available to Contracts issued on or after April 30,
                    2021
– Not available to Contracts issued in New Hampshire.
– For Contracts issued in all other states, they first became available to newly issued Contracts on April 30, 2021.
– Not available to inforce Contracts issued before April 30, 2021.
If a Crediting Method or Index Option
is not available, you cannot allocate to it unless we make it available to you on a future Index Anniversary.
Certain Crediting Methods and/or Index Options also may not
              be available from all selling firms or from all Financial Professionals. Please consult with your Financial Professional for more information.
Level Income Guarantee Payment Percentage Availability
            Restrictions
The Level Income Guarantee Payment Percentage first became
            available to Contracts issued in California, Hawaii, Indiana, Montana, Nebraska, Pennsylvania, and Rhode Island on January 27, 2020. It became available to Contracts issued in all other states on November 18, 2019. If you began Income Payments
            before the Level Income Guarantee Payment Percentage was added to your Contract, you will not receive the benefits associated with this feature.
Other Material State Contract Variations
ISSUE STATE
FEATURE AND BENEFITS
VARIATION
California
Eligible Person(s) and Covered Person(s)
See section 2
• We do not remove a person as an Eligible Person(s) or Covered Person(s) following an assignment, ownership
                    change, or Beneficiary change.
• If you are the sole individual Owner or a Joint Owner and select joint Income Payments, you must designate an Owner to be a Covered Person.
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®
Variable Annuity Prospectus – April 30, 2021
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Table of Contents
ISSUE STATE
FEATURE AND BENEFITS
VARIATION
California
(continued)
Assignments, Changes of Ownership and Other Transfers of Contract Rights
See section 2
We cannot restrict assignments or changes of ownership
.
• We do not change the Determining Life (Lives) following an assignment or ownership change. If you assign the Contract and the Determining Life (Lives) are no longer an Owner (or Annuitant if the Owner is a non-individual) the
                      Traditional Death Benefit or Maximum Anniversary Value Death Benefit may not be available and on the Owner's death the Beneficiary(s) will only receive the Contract Value.
• If you assign the Contract
on or before
the Income Benefit Date and as a result none of the Eligible Person(s) are an Owner (or Annuitant if the Owner is a non-individual),
Income Payments will not be available, but the Income Benefit and its associated rider fee will continue.
Your only recourse is to restore an Eligible Person as an
                      Owner by assigning or changing ownership, or to remove the Income Benefit if you no longer want to pay the rider fee.
• If you assign the Contract
after
the Income Benefit Date and a Covered Person(s) who was previously an Owner no longer has that position,
the Income
                      Benefit and any Income Payments may end even if the Covered Person is still alive
.
Free Look/Right to Examine Period
See section 3
For Owners age 60 or older (or Annuitants age 60 or older for non-individually owned Contracts), we are required to allocate your initial Purchase Payment to the
                    AZL Government Money Market Fund during the 30 day free look period unless you specify otherwise on the appropriate form. If you want to immediately apply your Purchase Payment to the Index Options you must opt out of this allocation.
                    If you do not opt out of this allocation to the AZL Government Money Market Fund your Index Effective Date cannot occur until the free look period has ended.
When the Income Benefit Ends
See section 10
The Income Benefit and any Income Payments end based on the earlier of the date of death of an individual Owner (or Annuitant if the Owner is a non-individual),
                    or last surviving Covered Person. Upon the death of an individual Owner (or Annuitant if the Owner is a non-individual), if the deceased's spouse:
• continues the Contract, the Income Benefit and Income Payments end on the earlier of the date of death of the surviving spouse, or last surviving Covered Person.
• elects to receive payment of the death benefit, the Income Benefit ends on the Business Day we receive his or her Valid Claim.
This means if you assign the Contract after the Income Benefit Date, Income Payments may end even if the Covered Person is still alive.
Connecticut
Eligible Person(s) and Covered Person(s)
See section 2
• We do not remove a person as an Eligible Person(s) or Covered Person(s) following an assignment, ownership
                    change, or Beneficiary Change.
• If you are the sole individual Owner or a Joint Owner and select joint Income Payments, you must designate an Owner to be a Covered Person.
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®
Variable Annuity Prospectus – April 30, 2021
Appendix H
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Table of Contents
ISSUE STATE
FEATURE AND BENEFITS
VARIATION
Connecticut
(continued)
Assignments, Changes of Ownership and Other Transfers of Contract Rights
See section 2
We can only restrict assignments to settlement companies and institutional investors as described in your Contract.
• We do not change the Determining Life (Lives) following an assignment or ownership change.
• If you assign the Contract and the Determining Life (Lives) are no longer an Owner (or Annuitant if the Owner is a non-individual) the Traditional Death Benefit or Maximum Anniversary Value Death Benefit may not be available and on
                      the Owner's death the Beneficiary(s) will only receive the Contract Value.
• If you assign the Contract
on or before
the Income Benefit Date and as a result none of the Eligible Person(s) are an Owner (or Annuitant if the Owner is a non-individual),
Income
                    Payments will not be available, but the Income Benefit and its associated rider fee will continue
. Your only recourse is to restore an Eligible Person as an Owner by assigning or changing ownership, or
                      to remove the Income Benefit if you no longer want to pay the rider fee.
• If you assign the Contract
after
the Income Benefit Date and a Covered Person(s) who was previously an Owner (or Annuitant if the Owner is a non-individual) no longer has that position,
the

                    Income Benefit and any Income Payments may end even if the Covered Person is still alive.
When the Income Benefit Ends
See section 9
The Income Benefit and any Income Payments end based on the earlier of the date of death of an individual Owner (or Annuitant if the Owner is a non-individual),
                    or last surviving Covered Person. Upon the death of an individual Owner (or Annuitant if the Owner is a non-individual), if the deceased's spouse:
• continues the Contract, the Income Benefit and Income Payments end on the earlier of the date of death of the surviving spouse, or last surviving Covered Person.
• elects to receive payment of the death benefit, the Income Benefit ends on the Business Day we receive his or her Valid Claim.
This means if you assign the Contract after the Income Benefit Date, Income Payments may end even if the Covered Person is still alive.
Florida
Withdrawal Charges
See Fee Tables and section 6
The total withdrawal charge on a partial or full withdrawal cannot be greater than 10% of the Contract Value withdrawn.
Assignments, Changes of Ownership and Other Transfers of Contract Rights
See section 2
We cannot restrict assignments or changes of ownership.
• We do not change the Determining Life (Lives) following an assignment or ownership change. If you assign the Contract and the Determining Life (Lives) are no longer an Owner (or Annuitant if the Owner
                      is a non-individual) the Traditional Death Benefit or Maximum Anniversary Value Death Benefit may not be available and on the Owner's death the Beneficiary(s) will only receive the Contract Value.
Purchase Requirements
See section 3
We can only decline a Purchase Payment if it would cause total Purchase Payments to be more than $1 million, or if it would otherwise violate the Purchase
                    Payment restrictions of your Contract (for example, we do not allow additional Purchase Payments on or after the Annuity Date).
When Annuity Payments Begin
See section 8
The earliest acceptable Annuity Date is one year after the Issue Date.
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®
Variable Annuity Prospectus – April 30, 2021
Appendix H
126
Table of Contents
ISSUE STATE
FEATURE AND BENEFITS
VARIATION
Iowa
Withdrawal Charges
See Fee Tables and section 6
The withdrawal charge is 8.25%, 8%, 7%, 6%, 5%, 4% and 0% for time periods referenced in the Fee Tables and section 6.
Massachusetts
Waiver of Withdrawal Charge Benefit
See section 7
The waiver of withdrawal charge benefit is not available.
Mississippi
Withdrawal Charges
See Fee Tables and section 6
The withdrawal charge is 8.5%, 7.5%, 6.5%, 5.5%, 5%, 4% and 0% for time periods referenced in the Fee Tables and section 6.
Purchase Requirements
See section 3
•
For Contracts issued before November 18, 2019
: We do not accept additional
                    Purchase Payments on or after the first Contract Anniversary.
•
For Contracts issued on or after November 18, 2019
: We do not accept additional Purchase Payments on or after the tenth Contract Anniversary.
Montana
Access to Your Money
See section 7
If you take a partial withdrawal that reduces the Contract Value below $2,000, we contact you by phone and give you the option of modifying your withdrawal
                    request. If we cannot reach you, we process your request as a full withdrawal.
New Hampshire
Waiver of Withdrawal Charge Benefit
See section 7
The definition of nursing home is an institution operated in accordance with state law.
New Jersey
Joint Owner
See section 2
We allow civil union partners to be Joint Owners.
Eligible Person(s) and Covered Person(s)
See section 2
We allow civil union partners to be joint Eligible Persons and joint Covered Persons. If at any time joint Eligible Persons or joint Covered Persons are no
                    longer civil union partners you must send us written notice. If we receive notice on or before the Income Benefit Date, joint Income Payments will not be available to you. If we receive notice after the Income Benefit Date, we will
                    remove one former civil union partner from the Contract as a Covered Person and also as an Owner, Joint Owner, Annuitant and/or Beneficiary.
Assignments, Changes of Ownership and Other Transfers of Contract Rights
See section 2
We cannot restrict assignments or changes of ownership.
• We do not change the Determining Life (Lives) following an assignment or ownership change. If you assign the Contract and the Determining Life (Lives) are no longer an Owner (or Annuitant if the Owner
                      is a non-individual) the Traditional Death Benefit or Maximum Anniversary Value Death Benefit may not be available and on the Owner's death the Beneficiary(s) will only receive the Contract Value.
Purchase Requirements
See section 3
The maximum total Purchase Payments that we can accept is $1 million. We must decline a Purchase Payment if it would cause total Purchase Payments to be more
                    than $1 million, or if it would otherwise violate the Purchase Payment restrictions of your Contract (for example, we do not allow additional Purchase Payments on or after the Annuity Date).
Ohio
Assignments, Changes of Ownership and Other Transfers of Contract Rights
See section 2
We cannot restrict assignments or changes of ownership.
• We do not change the Determining Life (Lives) following an assignment or ownership change. If you assign the Contract and the Determining Life (Lives) are no longer an Owner (or Annuitant if the Owner
                      is a non-individual) the Traditional Death Benefit or Maximum Anniversary Value Death Benefit may not be available and on the Owner's death the Beneficiary(s) will only receive the Contract Value.
Pennsylvania
Withdrawal Charges
See Fee Tables and section 6
The withdrawal charge is 8.25%, 8%, 7%, 6%, 5%, 4% and 0% for time periods referenced in the Fee Tables and section 6.
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®
Variable Annuity Prospectus – April 30, 2021
Appendix H
127
Table of Contents
ISSUE STATE
FEATURE AND BENEFITS
VARIATION
Pennsylvania
(continued)
Waiver of Withdrawal Charge Benefit
See section 7
The waiver is not available if on the Issue Date, an Owner was confined to a nursing home or was already diagnosed with a terminal illness. Also, the nursing
                    home confinement requirement is a total of 90 days within a six month period. These 90 days do not need to be consecutive.
Texas
Assignments, Changes of Ownership and Other Transfers of Contract Rights
See section 2
We cannot restrict assignments or changes of ownership.
• We do not change the Determining Life (Lives) following an assignment or ownership change. If you assign the Contract and the Determining Life (Lives) are no longer an Owner (or Annuitant if the Owner
                      is a non-individual) the Traditional Death Benefit or Maximum Anniversary Value Death Benefit may not be available and on the Owner's death the Beneficiary(s) will only receive the Contract Value.
Purchase Requirements
See section 3
•
For Contracts issued before November 18, 2019
: We do not accept additional
                    Purchase Payments on or after the first Contract Anniversary.
•
For Contracts issued on or after November 18, 2019
: We do not accept additional Purchase Payments on or after the tenth Contract Anniversary.
Access to Your Money
See section 7
We only treat a partial withdrawal that reduces the Contract Value below $2,000 as a full withdrawal if you have not made an additional Purchase Payment in the
                    past two calendar years.
Our Unregistered Separate Account
See section 12
For Contracts issued before May 1, 2020
: We hold all assets
                      that you allocate to the Index Options that are not invested in the general account in an unregistered, non-unitized, insulated separate account
(Separate Account IATX)
. Separate Account IATX
                      is structured differently from Separate Account IANA. Unlike Separate Account IANA, Separate Account IATX is for the exclusive benefit of persons purchasing a Contract in the State of Texas. Separate Account IATX is insulated from the
                      claims of creditors and Contract purchasers are given priority with regard to Separate Account IATX's assets over Contract purchasers from other states as well as general creditors. Separate Account IATX was established under
                      Minnesota law for the benefit of Texas Contract purchasers. Separate Account IATX supports our obligations to pay Performance Credits to Texas Contract Owners. Allocations and reallocations to and from the Separate Account IATX are
                      managed in the same manner as Separate Account IANA. Neither Texas Contract purchasers nor these Index Options participate in any way in the performance of assets held in Separate Account IATX.
Utah
Purchase Requirements
See section 3
•
For Contracts issued before November 18, 2019
: We do not accept additional
                    Purchase Payments on or after the first Contract Anniversary.
•
For Contracts issued on or after November 18, 2019
: We do not accept additional Purchase Payments on or after the tenth Contract Anniversary.
Wisconsin
Assignments, Changes of Ownership and Other Transfers of Contract Rights
See section 2
We cannot restrict assignments or changes of ownership.
• We do not change the Determining Life (Lives) following an assignment or ownership change. If you assign the Contract and the Determining Life (Lives) are no longer an Owner (or Annuitant if the Owner
                      is a non-individual) the Traditional Death Benefit or Maximum Anniversary Value Death Benefit may not be available and on the Owner's death the Beneficiary(s) will only receive the Contract Value.
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
Appendix H
128
Table of Contents
Appendix
            I – Selected Financial Data and Statutory Financial Statements
Management's Discussion and Analysis of Financial Condition and
            Results of Operations (For the 12 month period ended December 31, 2020)
The following discussion of our financial condition and results
            of operations should be read in conjunction with our statutory financial statements and notes to those statements included in this Appendix. The discussion and analysis in this Appendix includes certain forward-looking statements that are
            subject to risks, uncertainties and other factors, as described in "Risk Factors" and elsewhere in this prospectus, that could cause our actual growth, results of operations, performance, financial position and business prospects and
            opportunities in 2021 and beyond to differ materially from those expressed in, or implied by, those forward-looking statements. See "Forward-Looking Statements."
Statutory Financial Statements
The statutory financial statements of Allianz Life Insurance
            Company of North America as of December 31, 2020 and 2019 and for each of the three years in the period ended December 31, 2020 included in this Appendix I have been so included in reliance on the report of PricewaterhouseCoopers LLP, an
            independent registered public accounting firm, given on the authority of said firm as experts in auditing and accounting. The principal business address of PricewaterhouseCoopers LLP is 45 South Seventh Street, Suite 3400, Minneapolis, MN.
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
Appendix I
129
Table of Contents
Part
                          I
Item 11(f).
Selected Financial Data
(dollars in millions, unless otherwise stated)
The following table sets forth the Company's selected historical
                financial data. The selected financial data has been derived from the Statutory Financial Statements included elsewhere in this prospectus, and should be read in conjunction with "Management's Discussion and Analysis of Financial Condition
                and Results of Operations" and the Company's audited Statutory Financial Statements.
These historical results are not necessarily indicative of results to
                be expected for any future period.
Year ended December 31,
Selected income
                        data
2020
2019
2018
2017
2016
Premium and annuity considerations*
$
10,542
13,029
12,193
10,231
12,914
Net investment income
4,864
4,839
4,593
4,504
4,361
Ceded
                        reinsurance reserve and expense adjustments
(45)
329
245
612
157
Fees from separate accounts
567
613
676
719
726
Other income
694
(13)
(3)
150
179
Total
                        income
16,622
18,797
17,704
16,216
18,337
Policyholder
                        benefits and surrenders
10,343
10,368
9,436
8,649
8,111
Change in aggregate reserves
2,465
1,034
7,299
10,628
7,755
General and
                        administrative and commission
1,739
1,878
1,770
1,616
1,824
Net transfers to (from) separate accounts
1,460
5,254
(2,009)
(1,851)
(1,380)
Total
                        benefits and other expenses
16,007
18,534
16,496
19,042
16,310
Income tax expense (benefit)
18
773
(51)
24
530
Net realized
                        capital gain (loss)
142
1,053
(490)
3,655
(486)
Net income (loss)
$
739
543
—
769
805
1,011
Capital and
                        Surplus:
Change in unrealized capital gain (loss)
$
(61)
719
(230)
(78)
180
Dividends to
                        parent
(750)
(325)
—
(780)
(894)
Other change in capital & surplus
(220)
441
26
(101)
46
Net
                        change in capital & surplus
$
(292)
1,378
565
(154)
343
*Includes
                        premiums and annuity and supplementary contract considerations.
As of December 31,
Selected balance
                        sheet data
2020
2019
2018
2017
2016
Total cash and invested assets
$
125,229
121,870
117,203
109,328
99,840
Investment
                        income due and accrued
1,040
1,031
1,047
1,004
962
Other admitted
                        assets
1,218
945
951
982
685
Separate account
                        assets
45,901
34,638
22,835
26,755
26,071
Total

                        admitted assets
173,388
158,484
142,036
138,069
127,558
Total
                        policyholder liabilities
109,353
107,098
107,118
100,433
90,504
Other
                        liabilities
10,473
8,794
5,507
4,869
4,818
Separate account
                        liabilities
45,901
34,638
22,835
26,755
26,071
Total
                        liabilities
165,727
150,530
135,460
132,057
121,393
Total
                        capital and surplus
7,661
7,954
6,576
6,011
6,165
Allianz Life Insurance Company of North America
NAIC Group Code: 0761
NAIC Company Code: 90611
- 1 -
Item 11(h).
Management's Discussion and Analysis of Financial Condition and
                Results of Operations
The following discussion and analysis provides an assessment by
                management of the Company's financial condition as of December 31, 2020, compared with December 31, 2019, and its results of operations for each of the three years ended December 31, 2020, 2019, 2018, respectively. The information contained
                herein should be read in conjunction with the financial statements, notes, exhibits and schedules in the 2020 and 2019 Annual Statement and audited Statutory Financial Statements of the Company. Amounts are presented on a non-consolidated
                basis in accordance with Statutory Accounting Principles (SAP).
Forward-looking Statements
This report reviews the Company's financial condition and results of
                operations. Where appropriate, factors that may affect future financial performance are also identified and discussed. Certain statements made in this report include "forward-looking statements" within the meaning of the Private Securities
                Litigation Reform Act of 1995. Forward- looking statements include any statement that may predict, forecast, indicate or imply future results, performance or achievements instead of historical facts, and may contain words like "believe",
                "expect", "estimate", "project", "budget", "forecast", "anticipate", "plan", "will", "shall", "may", and other words, phrases or expressions with similar meaning. Forward-looking statements are subject to risks and uncertainties. Readers
                are cautioned not to place undue reliance on forward-looking statements as a prediction of actual results. The Company undertakes no obligation to update publicly or revise any forward-looking statements.
Company Overview
Allianz Life is a wholly owned subsidiary of Allianz of America, Inc.
                (AZOA), which is a subsidiary of Allianz Europe, B.V.. Allianz Europe, B.V. is a wholly owned subsidiary of Allianz SE, the Company's ultimate parent, which is incorporated in Munich, Germany. The Company is a life insurance company
                domiciled in the State of Minnesota and is licensed to sell insurance products in all U.S. states, except New York, several U.S. territories, and Canada. The Company offers a portfolio of individual fixed-indexed annuities, variable-indexed
                annuities, and individual ordinary fixed-indexed universal life (FIUL) products. The Company's products are either sold through licensed independent agents contracted with a field marketing organization or insurance agency, or licensed
                registered representatives contracted with a broker/dealer. The Company also maintains a closed portfolio of individual and group long-term care (LTC) and group life, annuity and accident and health policies, and does not actively issue new
                policies related to these products.
The Company has organized its principal operations into the following
                segments: Individual Annuities, Life, and Legacy.
Individual Annuities
The Individual Annuities segment provides tax-deferred investment
                growth and lifetime income opportunities for our customers through fixed, fixed-indexed, variable-indexed, and variable annuities. The "fixed" and "variable" classifications describe whether we or the contractholders bear the investment
                risk of the assets supporting the contract. We are one of the largest sellers of fixed-indexed and variable-indexed products. Fixed and variable annuities provide for both asset accumulation and asset distribution needs. Our Individual
                Annuity products are sold through both independent and wholly-owned distribution channels made up of agents and registered representatives.
Fixed and fixed-indexed annuities provide guarantees related to the
                preservation of principal and interest credited. In 2020, sales of our fixed-indexed annuity products were lower than the prior year due to the low interest rate environment and social distancing constraints as a result of the coronavirus
                pandemic. In 2019, sales of our fixed-indexed annuity products were lower than the prior year due to the product changes made in response to the continued low interest rate environment.
Variable annuities allow the contractholder to make deposits into
                various investment options and also have unique product features that allow for guaranteed minimum income benefits, guaranteed minimum accumulation benefits, guaranteed minimum death benefits, and guaranteed minimum withdrawal benefits. The
                variable annuity products with guaranteed minimum benefits which provide a minimum return based on their initial deposit may be increased by additional deposits, bonus amounts, or other account crediting features. The income and
                accumulation benefits shift a portion of the investment risk from the contractholder back to the Company. The Company's variable annuity sales strategy has shifted to variable-indexed annuity products, which combines a separate account
                option with a general account option that is similar to a fixed-indexed annuity. In 2020, sales of the variable-indexed annuity were higher than the prior year due to strong sales for the Index Advantage Income
®
product
                driven by the market environment and a 2020 sales promotion. In 2019, sales of the variable-indexed annuity were higher than the prior year due to a sales promotion related to the new Allianz Index Advantage Income
®
product.
Selected Financial Data and Management's Discussion and
                    Analysis
Page 2 of 23
Life
Our life insurance products provide flexibility and control over a
                person's assets, providing the assurance that the beneficiaries will be protected after the insured is gone and, in certain cases, to add cash value accumulation potential. The sales focus of our Life segment is our FIUL insurance products.
                Deposits are credited to an account maintained for the policyholder. Our individual life products are sold through independent distribution channels made up of agents and registered representatives. The Life business has continued to grow
                for the last several years and was driven by strong product proposition and expanded accelerated underwriting.
Legacy
The Legacy business consists of closed blocks of LTC and Special
                Markets products. The Special Markets products include individual and group annuity and life products, including universal life and term life insurance. Although Legacy products are part of the total results, the Company does not allocate
                additional resources to these areas other than to maintain the operational support to its current customers. The Company enters into reinsurance agreements to manage risk resulting from businesses we have chosen to exit. The performance of
                these product lines is not material enough to warrant discussion as separate operating segments.
Income and Expense Allocation
We maintain segregated investment portfolios at the subsidiary level
                but do not maintain segregated portfolios for each segment. All net investment income and other Corporate income and expense activity is allocated to the segments. Assets are only monitored at the total Company level, and as such, asset
                disclosures by segment are not included herein.
Income and expense related to assets backing policyholder reserves
                are allocated to the segments based on policyholder statutory reserve levels. The results of our segments also reflect allocation of income and expense related to assets backing surplus. Income and expense related to assets backing surplus
                are allocated to the segments based on required capital levels for each segment.
Basis of Presentation
The Statutory Financial Statements have been prepared in accordance
                with accounting practices prescribed or permitted by the Minnesota Department of Commerce (the Department). The Department recognizes statutory accounting practices prescribed or permitted by the state of Minnesota for determining and
                reporting the financial condition and results of operations of an insurance company and its solvency under Minnesota insurance law. The state of Minnesota has adopted the National Association of Insurance Commissioners (NAIC)
Accounting Practices and Procedures Manual
as its prescribed basis of SAP, without significant modification. The Company has no material statutory accounting practices that differ from those of the Department or NAIC SAP.
                These practices differ in some respects from accounting principles generally accepted in the United States of America (U.S. GAAP). The effects of these differences, while not quantified, are presumed to be material to the Statutory
                Financial Statements.
The preparation of Statutory Financial Statements in conformity with
                NAIC SAP requires management to make certain estimates and assumptions that affect reported amounts of admitted assets and liabilities, including reporting or disclosure of contingent assets and liabilities as of December 31, 2020, and 2019
                and the reported amounts of revenues and expenses during the reporting period. Future events, including changes in mortality, morbidity, interest rates, capital markets, and asset valuations could cause actual results to differ from the
                estimates used within the Statutory Financial Statements. Such changes in estimates are recorded in the period they are determined.
Adoption of New Financial Accounting Standards
See Note 3 – "Accounting Changes and Correction of Errors" of the
                Company's audited Statutory Financial Statements in this prospectus for information related to recent accounting pronouncements.
Application of Critical Accounting Policies
Our accounting policies require management to make interpretative and
                valuation judgments and to make estimates based upon assumptions that affect the amounts of assets, liabilities, revenues, and expenses reported in our Statutory Financial Statements. Because the use of assumptions and estimates inherently
                entails uncertainty, the effects of accounting policies under different conditions could produce results that are significantly different. A discussion of the presentation of the business factors that affect critical accounting policies can
                be found in Note 2 of the accompanying Statutory Financial Statements and are summarized below.
Selected Financial Data and Management's Discussion and
                    Analysis
Page 3 of 23
Accounting for Investments
Investment valuation and presentation are determined to be in
                accordance with methods prescribed by the NAIC. See Note 5 and 6 of the audited Statutory Financial Statements for additional information regarding the portfolio and fair value of investments.
Aggregate Reserves for Life Policies and Annuity
                Contracts
See Notes 12 through 14 of the audited Statutory Financial Statements
                for additional information regarding our annuity and life actuarial reserves, deposit liabilities, and separate accounts.
Derivatives
See Note 2 and 5 of the audited Statutory Financial Statements for
                additional information regarding our derivatives and hedging instruments.
Reinsurance
See Note 11 of the audited Statutory Financial Statements for
                additional information regarding reinsurance agreements we have entered into to manage insurance risk, as well as businesses we exited.
Income Taxes
See Note 9 of the audited Statutory Financial Statements for
                additional information regarding income tax estimates and assumptions.
Selected Financial Data and Management's Discussion and
                    Analysis
Page 4 of 23
Results of Operations
Year ended December 31,
Increase
                        (decrease) and % change
Increase
                        (decrease) and % change
2020
2019
2018
2020 - 2019
2019 - 2018
Income:
Premium and annuity
                        considerations*
$
10,542
13,029
12,193
$
(2,487)
(19.1)
%
$
836
6.9
%
Net
                        investment income
4,864
4,839
4,593
25
0.5
246
5.4
Ceded reinsurance reserve and
                        expense adjustments
(45)
329
245
(374)
(113.7)
84
34.3
Fees from
                        separate accounts
567
613
676
(46)
(7.5)
(63)
(9.3)
Other income
694
(13)
(3)
707
NM**
(10)
(333.3)
Total
                        income
16,622
18,797
17,704
(2,175)
(11.6)
1,093
6.2
Benefits and other expenses:
Policyholder

                        benefits and surrenders
10,343
10,368
9,436
(25)
(0.2)
932
9.9
Change in aggregate reserves
2,465
1,034
7,299
1,431
138.4
(6,265)
(85.8)
General
                        and administrative and commission
1,739
1,878
1,770
(139)
(7.4)
108
6.1
Net transfers to (from) separate
                        accounts
1,460
5,254
(2,009)
(3,794)
(72.2)
7,263
361.5
Total
                        benefits and other expenses
16,007
18,534
16,496
(2,527)
(13.6)
2,038
12.4
Pretax income (loss)
615
263
1,208
352
133.8
(945)
(78.2)
Income
                        tax expense (benefit)
18
773
(51)
(755)
(97.7)
824
NM**
Net realized capital gain (loss)
142
1,053
(490)
(911)
(86.5)
1,543
314.9
Net
                        income (loss)
$
739
543
769
$
196
36.1
%
$
(226)
(29.4)
%
Capital and Surplus:
Change in
                        unrealized capital gain (loss)
$
(61)
719
(230)
$
(780)
(108.5)
%
$
949
412.6
%
Dividends to parent
(750)
(325)
—
(425)
(130.8)
(325)
—
Other
                        change in capital & surplus
(220)
441
26
(661)
(149.9)
415
NM**
Net change in capital &
                        surplus
$
(292)
1,378
565
$
(1,670)
(121.2)
%
$
813
143.9
%
*Includes premiums and annuity
                        and supplementary contract considerations.
**Not meaningful
Year Ended December 31, 2020
Compared to
Year Ended December 31, 2019
Overview
The decrease in capital and surplus was
                primarily driven by volatility within the equity market movements resulting in hedging losses, a ceded reinsurance recapture in fixed-indexed annuities, and an increase in the 2020 dividend payment to the parent.
Income
•
Premium and annuity considerations
:
Premium and annuity considerations
                decreased primarily due to lower fixed-indexed annuity sales based upon product changes made in response to the continued low interest rate environment and social distancing constraints impacting sales methods. This was partially offset by
                higher variable-indexed annuity premium driven by a 2020 sales promotion all within the Individual Annuities segment. The Life segment increased as a result of an increase in first year and renewal premiums due to a growing block of
                business.
•
Net investment income:
Net investment income increased due
                to an increase in average invested assets and positive cash flows.
•
Ceded reinsurance reserve and expense adjustments:
Ceded
                reinsurance reserve and expense adjustments decreased primarily due to impacts from a ceded reserve recapture that was executed in 2020 in the Individual Annuities segment.
•
Fees from separate accounts
:
Fees from separate accounts
                decreased primarily due to lower average separate account
Selected Financial Data and Management's Discussion and
                    Analysis
Page 5 of 23
assets as a result of
                outflows due to policyholder activity and negative equity market impacts in early 2020 in the Individual Annuities segment.
•
Other income:
Other income increased primarily due to an increase in derivative income on interest rate swaps that hedge variable annuities and amortization of the deferred hedge
                liability under SSAP No. 108 in the Individual Annuities segment.
Benefits and Other Expenses
•
Change in aggregate reserves:
Change in aggregate reserves
                increased primarily due to a change in presentation of assets and liabilities relating to the variable-indexed product in 2019. In 2019, the Company transferred assets from the general account to the separate account to align with state
                product filing requirements, and the reserve decrease is completely offset in Net transfers to(from) separate accounts.
In addition, variable annuity reserves increased in 2020 driven by overall net growth in the variable-index annuity block of business. This was partially offset by the decrease of the fixed-index annuity reserves driven by lower index
                credits as a result of the less favorable equity market increase and lower fixed-indexed annuity premiums due to the decrease in production.
.
•
General and administrative and commission:
General, administrative
                and commission expense decreased primarily due to a decrease in commissions expense as a result of lower overall premium as discussed above.
•
Net transfers to (from) separate accounts:
Net transfers to (from) separate accounts decrease is driven by the aforementioned 2019 presentation of assets and liabilities for
                variable-indexed annuities change referenced in the Change in aggregate reserves in the Individual Annuities segment. The decrease in Net transfers to (from) separate accounts was partially offset by lower policyholder activity.
•
Income tax expense (benefit)
:
There is a federal income tax
                expense due to impacts from hedging gains in the Company's Individual Annuity and Life segments which was partially offset by a tax net operating loss carry back recorded in 2020.
•
Net realized capital gain (loss):
Net realized capital gains decreased due to lower gains on derivatives used to economically hedge the Company's product liabilities as
                a result of less favorable equity markets in the Individual Annuities and Life segments, as well as unfavorable investment results due to impairments.
Capital and Surplus
•
Change in unrealized capital gain (loss):
Unrealized capital losses are primarily due to negative hedging results on fixed-indexed and variable-indexed annuities in the Individual
                Annuities segment and the Life segment.
•
Dividends to parent:
Dividends of $750 were paid to the
                parent in 2020.
•
Other change in capital and surplus:
Other change in capital and surplus decreased due to
a
fixed-indexed ceded reserve recapture that was completed in 2020, and an
                increase in AVR that decreased capital and surplus due to the growth of the Company's investment portfolio.
Year Ended December 31, 2019 Compared to Year Ended December 31, 2018
Overview
The increase in capital and surplus was primarily driven by positive
                equity market movements resulting in realized and unrealized hedging gains, a new reinsurance agreement covering certain fixed-indexed annuities, and increases in premium and annuity considerations within the Individual Annuities and Life
                segments. This was partially offset by the 2019 dividend payment to the parent, and an increase in policyholder benefits and surrenders.
Income
•
Premium and annuity considerations
: Individual Annuities premium and annuity considerations increased primarily due to a variable-indexed annuity product sales promotion in 2019 and increased Life first year and
                renewal premiums due to the growing block of business. This was partially offset by lower fixed-indexed annuity sales due to product changes made in response to the continued low interest rate environment in 2019.
•
Net investment income:
Net investment income increased due to an increase in average invested assets and positive cash flows.
•
Ceded reinsurance reserve and expense adjustments:
Ceded reinsurance reserve and expense adjustments increased primarily due to new reinsurance agreements entered into in 2019 in the Individual Annuities
                segment.
Selected Financial Data and Management's Discussion and
                    Analysis
Page 6 of 23
•
Fees from separate accounts
: Fees from separate accounts decreased primarily due to lower average separate account assets as a result of outflows due to policyholder activity and negative equity market impacts
                in late 2018 in the Individual Annuities segment. The 2018 equity market downturn resulted in lower average assets under management throughout 2019.
•
Other income:
Other income decreased primarily due to lower derivative income on interest rate swaps that hedge changes in cash flows for variable annuities in the Individual Annuities segment.
Benefits and Other Expenses
•
Policyholder benefits and surrenders
: Policyholder benefits and surrenders increased primarily due to an increase in fixed-indexed annuity surrenders within the Individual Annuities segment driven by policyholder
                activity, and are impacted by the surrender period of the underlying annuity contract. Policyholder benefits and surrenders in the Life Segment also increased primarily due to policyholder activity and an increase in death claims.
•
Change in aggregate reserves:
Change in aggregate reserves decreased primarily due to a change in presentation of assets and liabilities relating to the variable-indexed product in 2019 in the Individual
                Annuities segment. The Company transferred assets from the general account to the separate account to align with state product filing requirements. The change is completely offset in Net transfers to (from) separate accounts. This decrease
                was partially offset by the growth of the fixed-index annuity reserves driven by higher index credits as a result of the year over year equity market increase in the Individual Annuities segment.
•
General and administrative and commission:
General, administrative and commission expense increased primarily due to an increase in commissions expense as a result of higher premium as discussed above.
•
Net transfers to (from) separate accounts:
Net transfers to (from) separate accounts increase is driven by afore mentioned 2019 presentation of assets and liabilities for variable-indexed
                annuities change referenced in the Change in aggregate reserves in the Individual Annuities segment. The increase in Net transfers to (from) separate accounts was partially offset by higher policyholder withdrawals.
•
Income tax expense (benefit)
: There is a federal income tax expense due to impacts from hedging gains in the Company's Individual Annuity and Life segments.
•
Net realized capital gain (loss):
Net realized capital gains increased due to gains on derivatives used to economically hedge the Company's product liabilities as a result of an increase in equity markets in the
                Individual Annuities and Life segments.
Capital and Surplus
•
Change in unrealized capital gain (loss):
Unrealized capital gains are primarily due to positive hedging results on fixed-indexed annuities in the Individual Annuities segment and the Life segment.
•
Dividends to parent:
Dividends of $325 were paid to the parent in 2019.
•
Other change in capital and surplus:
Other change in capital and surplus increased due to a new reinsurance agreement covering certain fixed-indexed annuities in the Individual Annuities segment and an increase in
                deferred income taxes. This was offset by an increase in AVR that decreased capital and surplus due to the growth of the Company's investment portfolio.
Selected Financial Data and Management's Discussion and
                    Analysis
Page 7 of 23
Individual Annuities
Segment Results of Operations
Year ended December 31,
Increase
                        (decrease) and % change
Increase
                        (decrease) and % change
2020
2019
2018
2020 - 2019
2019 - 2018
Income:
Premium and annuity
                        considerations*
$
9,268
11,969
11,223
$
(2,701)
(22.6)
%
$
746
6.6
%
Net
                        investment income
4,531
4,551
4,346
(20)
(0.4)
205
4.7
Ceded reinsurance reserve and
                        expense adjustments
(54)
321
254
(375)
(116.8)
67
26.4
Fees from
                        separate accounts
567
613
676
(46)
(7.5)
(63)
(9.3)
Other income
691
(17)
(3)
708
NM**
(14)
(466.7)
Total
                        income
15,003
17,437
16,496
(2,434)
(14.0)
941
5.7
Benefits and other expenses:
Policyholder

                        benefits and surrenders
10,073
10,078
9,264
(5)
—
814
8.8
Change in aggregate reserves
1,474
289
6,457
1,185
410.0
(6,168)
(95.5)
General
                        and administrative and commission
1,369
1,591
1,518
(222)
(14.0)
73
4.8
Net transfers to (from) separate
                        accounts
1,462
5,258
(2,006)
(3,796)
(72.2)
7,264
362.1
Total
                        benefits and other expenses
14,378
17,216
15,233
(2,838)
(16.5)
1,983
13.0
Pretax income (loss)
625
221
1,263
404
182.8
(1,042)
(82.5)
Income
                        tax expense (benefit)
18
649
(53)
(631)
(97.2)
702
NM**
Net realized capital gain (loss)
67
922
(489)
(855)
(92.7)
1,411
288.5
Net
                        income (loss)
$
674
494
827
$
180
36.4
%
$
(333)
(40.3)
%
Capital and Surplus:
Change in
                        unrealized capital gain (loss)
$
(79)
588
(160)
$
(667)
(113.4)
%
$
748
467.5
%
Other change in capital &
                        surplus
(220)
439
36
(659)
(150.1)
403
NM**
Net
                        change in capital & surplus
$
375
1,521
703
$
(1,146)
(75.3)
%
$
818
116.4
%
*Includes premiums and annuity
                        and supplementary contract considerations.
**Not
                        meaningful
Selected Operating Performance Measures
Year ended December 31,
Increase
                        (decrease) and % change
Increase
                        (decrease) and % change
2020
2019
2018
2020 - 2019
2019 - 2018
Individual
                        Annuities
Deposits
$
9,474
12,135
11,318
$
(2,661)
(21.9)
%
$
817
7.2
%
In-force
131,228
126,936
118,602
4,292
3.4
%
8,334
7.0
%
Deposits and in-force amounts in the table above are for direct and
                assumed business. Deposits reflect amounts collected on both new and renewal business. In-force represents account values of the annuity contracts for our fixed, fixed-indexed, variable, and variable-indexed annuity contracts. In 2020,
                sales of fixed-indexed annuities were lower than the prior year due to impacts of product changes due to the low interest rate environment and social distancing constraints. This was partially offset by higher variable-indexed annuity sales
                for the Index Advantage suite of products driven by the market environment and a 2020 sales promotion. In 2019, sales of the variable-indexed annuity were higher than the prior year due to a sales promotion related to the new Allianz Index
                Advantage Income
®
product. This was partially offset by lower sales of the fixed-indexed annuity products due to the product changes made in 2019 in response to the continued low interest rate environment.
Selected Financial Data and Management's Discussion and
                    Analysis
Page 8 of 23
Change in Key Market Factors
Our Individual Annuities segment is impacted by various market
                impacts which are summarized below:
Year ended December 31,
% change
2020
2019
2018
2020 - 2019
2019 - 2018
Stock Index
S&P 500
16.26%
28.88%
(6.24)%
(12.62)%
35.12%
NASDAQ 100
47.58%
37.96%
(1.04)%
9.62%
39.00%
BUDBI
9.08%
13.23%
(0.88)%
(4.15)%
14.11%
BUDBI II
6.15%
14.05%
0.40%
(7.90)%
13.65%
As of December 31,
Basis point (bps) change
2020
2019
2018
2020- 2019
2019 - 2018
Interest Rates
LIBOR 10yr
0.93%
1.90%
2.71%
(97bps)
(81bps)
LIBOR 20yr
1.32%
2.07%
2.83%
(75bps)
(76bps)
Year Ended December 31, 2020
Compared to
Year Ended December 31, 2019
Overview
The Individual Annuities segment net
                change in capital and surplus was favorable, but decreased compared to the prior year primarily driven by less favorable equity market movements in 2020 resulting in lower realized hedging gains, unrealized hedging losses, and a recapture
                of a fixed-index reinsurance agreement.
Income
•
Premium and annuity considerations
:
Premium and annuity considerations
                decreased primarily due to lower fixed-indexed annuity sales due to product changes made in response to the continued low interest rate environment and social distancing constraints, and lower traditional variable annuity sales driven by
                product changes. This was partially offset by higher variable-indexed annuity premium driven by a 2020 sales promotion.
•
Ceded reinsurance reserve and expense adjustments:
Ceded
                reinsurance reserve and expense adjustments decreased primarily due to impacts from a fixed-indexed ceded reserve recapture that was completed in 2020.
•
Fees from separate accounts
:
Fees from separate accounts decreased primarily due to
                lower average separate account assets as a result of outflows due to policyholder activity and negative equity market impacts in early 2020.
•
Other income:
Other income increased primarily due to an increase in derivative income on interest rate swaps that hedge variable annuities and amortization of the deferred hedge liability under
                SSAP No. 108.
Benefits and Other Expenses
•
Change in aggregate reserves:
Change in aggregate reserves increased primarily due to
                a change in presentation of assets and liabilities relating to the variable-indexed product in 2019. In 2019, the Company transferred assets from the general account the separate account to align with state product filing requirements, and
                the reserve decrease is completely offset in Net transfers to(from) separate accounts.
In addition, variable annuity
                reserves increased in 2020 driven by overall net growth in the variable-index annuity block of business. This was partially offset by the decrease of the fixed-index annuity reserves driven by lower index credits as a result of the less
                favorable equity market increase and lower fixed-indexed annuity premiums due to the decrease in production.
•
General and administrative and commission:
General, administrative
                and commission expense decreased primarily due to a decrease in commissions expense as a result of lower premium as discussed above.
•
Net transfers to (from) separate accounts:
Net transfers to (from) separate accounts decreased driven by the aforementioned presentation of assets and liabilities for variable-indexed annuities change referenced in the Change in aggregate reserves. The
                decrease in Net transfers to (from) separate accounts was partially offset by lower policyholder activity.
•
Income tax expense (benefit)
: Income tax expense is driven by a federal income tax expense in 2020 due to impacts from hedging losses.
Selected Financial Data and Management's Discussion and
                    Analysis
Page 9 of 23
•
Net realized capital gain (loss):
Net realized capital gains decreased due to lower gains on derivatives used to economically hedge the Company's product liabilities as a result of a lower
                increase in equity markets, as well as unfavorable investment results due to impairments.
Capital and Surplus
•
Change in unrealized capital gain (loss):
Unrealized capital losses are primarily due to negative hedging results on fixed-indexed annuities and variable-indexed annuities.
•
Other change in capital and surplus:
Other change in capital and surplus decreased primarily due to a
fixed-indexed ceded reserve recapture that was completed in 2020
.
Year Ended December 31, 2019 Compared to
Year Ended December 31, 2018
Overview
The Individual Annuities segment net change in capital and surplus
                increase was primarily driven by positive equity market movements resulting in realized hedging gains, a new reinsurance agreement covering certain fixed-indexed annuities, and an increase in premiums and annuity considerations. This was
                partially offset by an increase in policyholder benefits and surrenders.
Income
•
Premium and annuity considerations
: Premium and annuity considerations increased primarily due to higher variable-indexed annuity premium driven by a 2019 sales promotion. This was partially offset by lower
                fixed-indexed annuity sales due to product changes made in response to the continued low interest rate environment and lower traditional variable annuity sales also driven by product changes.
•
Net investment income:
Net investment income increased due an increase in fixed-indexed average invested assets.
•
Ceded reinsurance reserve and expense adjustments:
Ceded reinsurance reserve and expense adjustments increased primarily due to new reinsurance agreements entered into in 2019.
•
Fees from separate accounts
: Fees from separate accounts decreased primarily due to lower average separate account assets as a result of outflows due to policyholder activity and negative equity market impacts in late 2018. The
                2018 equity market downturn resulted in lower average assets under management throughout 2019.
•
Other income:
Other income decreased primarily due to a decrease in derivative income on interest rate swaps that hedge changes in cash flows for variable annuities.
Benefits and Other Expenses
•
Policyholder benefits and surrenders
: Policyholder benefits and surrenders increased primarily due to an increase in fixed-indexed annuity surrenders driven by policyholder activity, and are impacted by the
                surrender period of the underlying annuity contract.
•
Change in aggregate reserves:
Change in aggregate reserves decreased primarily due to a change in presentation of assets and liabilities relating to the variable-indexed product in 2019. The Company transferred assets from the
                general account to the separate account to align with state product filing requirements. The change is completely offset in Net transfers to (from) separate accounts. This was partially offset by the growth of the fixed-index annuity
                reserves driven by higher index credits as a result of the year over year equity market increase partially offset by lower fixed-indexed annuity premiums due to the decrease in production.
•
General and administrative and commission:
General, administrative and commission expense increased primarily due to an increase in commissions expense as a result of higher premium as discussed above.
•
Net transfers to (from) separate accounts:
Net transfers to (from) separate accounts increase is driven by afore mentioned 2019 presentation of assets and liabilities for variable-indexed annuities change referenced
                in the Change in aggregate reserves. The increase in Net transfers to (from) separate accounts was partially offset by higher policyholder withdrawals.
•
Income tax expense (benefit)
: Income tax expense is driven by a federal income tax expense in 2019 due to impacts from hedging gains.
•
Net realized capital gain (loss):
Net realized capital gains increased due to gains on derivatives used to economically hedge the Company's product liabilities as a result of an increase in equity markets.
Selected Financial Data and Management's Discussion and
                    Analysis
Page 10 of 23
Capital and Surplus
•
Change in unrealized capital gain (loss):
Unrealized capital gains are primarily due to positive hedging results on fixed-indexed annuities.
•
Other change in capital and surplus:
Other change in capital and surplus increased due to a new reinsurance agreement covering certain fixed-indexed annuities and an increase in deferred income taxes. This was
                offset by an increase in AVR that decreased capital and surplus due to the growth of the Company's investment portfolio.
Life
Segment Results of Operations
Year ended December 31,
Increase
                        (decrease) and % change
Increase
                        (decrease) and % change
2020
2019
2018
2020 - 2019
2019 - 2018
Income:
Premium and annuity considerations
$
1,115
906
816
$
209
23.1
%
$
90
11.0
%
Net
                        investment income
210
177
158
33
18.6
19
12.0
Ceded reinsurance reserve and
                        expense adjustments
3
2
(16)
1
50.0
18
112.5
Other
                        income
2
3
—
(1)
(33.3)
3
—
Total
                        income
1,330
1,088
958
242
22.2
130
13.6
Benefits
                        and other expenses:
Policyholder benefits and
                        surrenders
173
199
96
(26)
(13.1)
103
107.3
Change in
                        aggregate reserves
824
611
658
213
34.9
(47)
(7.1)
General and administrative and
                        commission
343
258
212
85
32.9
46
21.7
Total
                        benefits and other expenses
1,340
1,068
966
272
25.5
102
10.6
Pretax income (loss)
(10)
20
(8)
(30)
(150.0)
28
350.0
Income
                        tax expense (benefit)
—
59
—
(59)
—
59
—
Net realized capital gain (loss)
77
131
(1)
(54)
(41.2)
132
NM*
Net
                        income (loss)
$
67
92
(9)
$
(25)
(27.2)
%
$
101
NM*
Capital and
                        Surplus:
Change in
                        unrealized capital gain (loss)
$
23
130
(70)
$
(107)
(82.3)
%
$
200
285.7
%
Other change in capital &
                        surplus
(4)
4
(6)
(8)
(200.0)
10
166.7
Net
                        change in capital & surplus
$
86
226
(85)
$
(140)
(61.9)
%
$
311
365.9
%
*Not meaningful
Selected Operating Performance Measures
Year ended December 31,
Increase
                        (decrease) and % change
Increase
                        (decrease) and % change
2020
2019
2018
2020 - 2019
2019 - 2018
Life
First
                        year and renewal premiums
$
1,170
960
864
$
210
21.9
%
$
96
11.1
%
In-force
50,485
42,700
37,982
7,785
18.2
4,718
12.4
First year and renewal premiums and in-force amounts in the table
                above are for direct and assumed business. In-force amounts represent life insurance in-force on our FIUL business and certain universal life, and term life business. The continued increase in first year and renewal premiums in 2020, 2019
                and 2018 is a result of continued product enhancements and overall strong product proposition. The movement of in-force, year over year, is primarily driven by policyholder activity. Increases are driven by new business, and decreases are
                driven by policyholder charges, surrenders, and claims.
Selected Financial Data and Management's Discussion and
                    Analysis
Page 11 of 23
Year Ended December 31, 2020
Compared to
Year Ended December 31, 2019
Overview
The Life segment net change in capital and
                surplus was favorable, but decreased compared to prior year primarily due to less favorable hedging impacts as a result of the negative equity market performance in early 2020. This was partially offset by an increase in policy charges as a
                result of a growing block of business and a lower income tax expense in 2020.
Income
•
Premium and annuity considerations
:
Premiums and annuity considerations
                increased as a result of an increase in first year and renewal premiums due to a growing block of business.
•
Net investment income:
Net investment income increased primarily due to an
                increase in Life average invested assets.
Benefits and Other Expenses
•
Policyholder benefits and surrenders
:
Policyholder benefits and surrenders
                decreased primarily due to policyholder surrender activity and partially offset by an increase in death claims.
•
Change in aggregate reserves:
Change in aggregate reserves increased due to higher
                premiums and an increase in policy charges as a result of a growing block of business and higher index credit levels as a result of the positive equity market performance after the first quarter of 2020.
•
General and administrative and commission:
General and administrative and
                commission expense increased primarily due to an increase in first year and renewal commissions which is consistent with premium production.
•
Income tax expense (benefit)
:
Income tax expense (benefit) is driven by a pre-tax
                items discussed above, and a minimal effective federal tax rate.
•
Net realized capital gain (loss):
Net realized capital gain decreased due to lower hedging gains as a result of negative equity market performance in early 2020.
Capital and Surplus
•
Change in unrealized capital gain (loss):
Change in unrealized
                capital gain is due to a lower hedging gains as a result of negative equity markets in early 2020.
•
Other change in capital and surplus:
Other change in capital and surplus decreased as a result of change in net deferred income taxes as result of hedging impacts.
Year Ended December 31, 2019 Compared to Year Ended December 31, 2018
Overview
The Life segment net change in capital and surplus increased
                primarily due to realized and unrealized hedging gains as a result of positive equity market performance and an increase in policy charges as a result of a growing block of business.
Income
•
Premium and annuity considerations
: Premiums and annuity considerations increased as a result of an increase in first year and renewal premiums as a result of a growing block of business.
•
Net investment income:
Net investment income increased primarily due to an increase in Life average invested assets.
•
Ceded reinsurance reserve and expense adjustments:
Ceded reinsurance reserve and expense adjustments increased as a result of prior year changes in ceded modified coinsurance reserves on certain Life products, with minimal changes
                in the current year.
Benefits and Other Expenses
•
Policyholder benefits and surrenders
: Policyholder benefits and surrenders increased primarily due to policyholder activity in addition to an increase in death claims.
•
Change in aggregate reserves:
Change in aggregate reserves decreased due to lower index credit levels as a result of the negative equity market performance in late 2018. This was partially offset by higher premiums and an increase
                in policy charges as a result of a growing block of business.
Selected Financial Data and Management's Discussion and
                    Analysis
Page 12 of 23
•
General and administrative and commission:
General and administrative and commission expense increased primarily due to an increase in first year and renewal commissions which is consistent with premium production.
•
Income tax expense (benefit)
:
Income tax expense is driven by a federal income tax
                expense in 2019 due to impacts from hedging gains.
•
Net realized capital gain (loss):
Net realized capital gain increased due to hedging gains as a result of positive equity market performance.
Capital and Surplus
•
Change in unrealized capital gain (loss):
Change in unrealized capital gain is due to an increase in hedging gains as a result of positive equity markets.
•
Other change in capital and surplus:
Other change in capital and surplus increased as a result of change in net deferred income taxes as result of positive hedging impacts.
Legacy
Segment Results of Operations
Year ended December 31,
Increase
                        (decrease) and % change
Increase
                        (decrease) and % change
2020
2019
2018
2020 - 2019
2019 - 2018
Income:
Premium and annuity considerations
$
158
154
154
$
4
2.6
%
$
—
—
%
Net
                        investment income
123
110
89
13
11.8
21
23.6
Ceded reinsurance reserve and
                        expense adjustments
6
7
7
(1)
(14.3)
—
—
Other
                        income
2
2
—
—
—
2
NM*
Total income
289
273
250
16
5.9
23
9.2
Benefits
                        and other expenses:
Policyholder benefits and
                        surrenders
97
91
76
6
6.6
15
19.7
Change in
                        aggregate reserves
167
134
184
33
24.6
(50)
(27.2)
General and administrative and
                        commission
27
29
40
(2)
(6.9)
(11)
(27.5)
Net
                        transfers to (from) separate accounts
(2)
(3)
(3)
1
33.3
—
—
Total benefits and other
                        expenses
289
251
297
38
15.1
(46)
(15.5)
Pretax

                        income (loss)
—
22
(47)
(22)
(100.0)
69
146.8
Income tax expense (benefit)
—
65
2
(65)
(100.0)
63
NM*
Net
                        realized capital gain (loss)
(2)
—
$
—
(2)
NM*
—
—
Net income (loss)
$
(2)
(43)
(49)
$
41
95.3
%
$
6
12.2
%
Capital and
                        Surplus:
Change in unrealized capital gain
                        (loss)
$
(5)
1
1
$
(6)
(600.0)
$
—
—
%
Other
                        change in capital & surplus
2
(2)
(4)
4
200.0
2
50.0
Net change in capital &
                        surplus
$
(5)
(44)
(52)
$
39
88.6
%
$
8
15.4
%
*Not meaningful
Selected Financial Data and Management's Discussion and
                    Analysis
Page 13 of 23
Selected Operating Performance Measures
Year ended December 31,
Increase
                        (decrease) and % change
Increase
                        (decrease) and % change
2020
2019
2018
2020 - 2019
2019 - 2018
Legacy Products
Gross premiums written
$
257
254
258
$
3
1.2
%
$
(4)
(1.6)
%
In-force
2,796
2,993
3,101
(197)
(6.6)
(108)
(3.5)
Gross premium written in the table above are for direct and assumed
                business. Gross premiums written reflect premiums collected on renewal business. There are no new premiums as these are closed blocks of business. Gross premiums written remained relatively consistent in 2020 and 2019 with small movements
                due to assumed premium and policy restatements which occur in the run off of Legacy products. In-force amounts represent gross life insurance within our Special Markets products. The continued decline in in-force volume is attributable to
                the Legacy segment being a closed block of business.
Year Ended December 31, 2020
Compared to
Year Ended December 31, 2019
Overview
The Legacy segment unfavorable pre-tax
                income was driven by higher reserves driven by the 2020 impacts of additional LTC premium deficiency reserves partially offset by favorable change in net LTC claim reserves.
Income
•
Net investment income:
Net investment income increase driven
                by the growth in LTC reserves on the aging block of business.
Benefits and Other Expenses
•
Policyholder benefits and surrenders
:
Policyholder benefits and surrenders
                increased driven by higher paid claims on the LTC block of business.
•
Change in aggregate reserves:
Change in aggregate reserves increased driven by the unfavorable impact due to the additional premium deficiency reserve in 2020 and unfavorable impact of
                higher change in active life reserves. This was partially offset by the favorable impact of net change in claims reserves.
•
Income tax expense (benefit)
:
Income tax expense (benefit) is driven by a pre-tax
                items discussed above, and a minimal effective federal tax rate.
Year Ended December 31, 2019 Compared to Year Ended December 31, 2018
Overview
The Legacy segment favorable change in pre-tax income was driven by
                lower reserves on future claim reserves driven by the prior period impacts of the additional premium deficiency reserve and establishment of claim administrative expense reserves on the LTC line of business. This was more than offset by a
                higher income tax expense due to the Company's effective tax rate.
Income
•
Net investment income:
Net investment income increase driven by a LTC yield increase due to the growth in reserves on the aging block of business.
Benefits and Other Expenses
•
Policyholder benefits and surrenders
: Policyholder benefits and surrenders increased driven by higher paid claims on the the LTC block of business.
•
Change in aggregate reserves:
Change in aggregate reserves decreased driven by the favorable impact due to the additional premium deficiency reserve added in 2018 and favorable impacts of net change in claims
                reserves. This was partially offset by negative impact of higher change in active life reserves.
•
General and administrative and commission:
The favorable change in general and administrative and commission is primarily due to the establishment of a claim administrative expense reserve added in 2018 to the
                claim reserves.
Selected Financial Data and Management's Discussion and
                    Analysis
Page 14 of 23
•
Income tax expense (benefit)
: Income tax expense is driven by a federal income tax expense in 2019 due to impacts from hedging gains.
Selected Financial Data and Management's Discussion and
                    Analysis
Page 15 of 23
Dividends
Year ended December 31,
Increase
                        (decrease) and % change
Increase
                        (decrease) and % change
2020
2019
2018
2020 - 2019
2019 - 2018
Capital and
                        Surplus:
Dividends to parent
$
(750)
(325)
—
$
(425)
230.8
%
$
(325)
—
%
We are required to meet minimum statutory capital and surplus
                requirements. Our statutory capital and surplus as of December 31, 2020 and 2019, were in compliance with these requirements. The maximum amount of ordinary dividends that can be paid by Minnesota insurance companies to the stockholder
                without prior approval of the Department is subject to restrictions relating to statutory earned surplus, also known as unassigned funds. Unassigned funds are determined in accordance with the accounting procedures and practices governing
                preparation of the statutory annual statement. In accordance with Minnesota Statutes, the Company may declare and pay from its Unassigned surplus cash dividends of not more than the greater of 10% of its prior year-end statutory surplus, or
                the net gain from operations of the insurer, not including realized gains, for the 12-month period ending the 31st day of the next preceding year. Based on these limitations, ordinary dividends of $766 can be paid in 2021 without prior
                approval of the Commissioner of Commerce.
Financial Condition
Investment Strategy
Our investment strategy focuses on
                diversification by asset class. We seek to achieve economic diversification, while reducing overall credit and liquidity risks. We attempt to mitigate these credit and liquidity risks by adhering to investment policies that provide
                portfolio diversification on an asset class, creditor, and industry basis, and by complying with investment limitations governed by state insurance laws and regulations, as applicable. We also consider all relevant objective information
                available in estimating the cash flows related to structured securities. We actively monitor and manage exposures, and determine whether any securities are impaired. The aggregate credit risk taken in the investment portfolio is influenced
                by our risk/return preferences, the economic and credit environment, and the ability to manage this risk through liability portfolio management. We also have an asset-liability management strategy to align cash flows and duration of the
                investment portfolio with contractholder liability cash flows and duration.
The following table presents the investment portfolio at December 31:
2020
2019
Carrying
                        value
% of total
Carrying
                        value
% of total
Bonds
$
99,088
79.1
%
$
97,269
79.8
%
Stocks
274
0.2
181
0.1
Investment in
                        subsidiaries
1,329
1.1
1,347
1.1
Mortgage loans
                        on real estate
15,634
12.5
14,217
11.7
Real estate
69
0.1
64
0.1
Cash and cash
                        equivalents
910
0.7
1,868
1.5
Policy loans
255
0.2
234
0.2
Derivative
                        assets
4,114
3.3
2,391
2.0
Other invested
                        assets
3,556
2.8
4,299
3.5
Total
                        cash and invested assets
$
125,229
100.0
%
$
121,870
100.0
%
Bonds
Refer to Note 5 of the audited Statutory Financial Statements for
                information regarding the nature of our portfolio of bonds securities. The tables below set forth the amortized cost of the NAIC Securities Valuation Office quality ratings for the Company's bond securities portfolio at December 31, 2020
                and 2019.
Selected Financial Data and Management's Discussion and
                    Analysis
Page 16 of 23
2020
NAIC Classes
Fair Value
% of Total
Amortized
                        Cost
% of Total
1
$
64,466
55.7
%
$
55,379
55.9
%
2
47,679
41.2
40,472
40.9
Investment

                        grade
112,145
96.9
95,851
96.8
3
3,323
2.9
2,982
3.0
4
221
0.2
232
0.2
5
18
—
20
—
6
3
—
3
—
Below
                        investment grade
3,565
3.1
3,237
3.2
Total
$
115,710
100.0
%
$
99,088
100.0
%
2019
NAIC Classes
Fair Value
% of Total
Amortized
                        Cost
% of Total
1
65,546
61.3
%
$
59,711
61.4
%
2
40,028
37.5
$
36,349
37.4
Investment

                        grade
105,574
98.8
$
96,060
98.8
3
1,049
1.0
$
992
1.0
4
71
0.1
$
69
0.1
5
150
0.1
$
145
0.1
6
4
—
$
3
—
Below
                        investment grade
1,274
1.2
$
1,209
1.2
Total
106,848
100.0
%
$
97,269
100.0
%
Sub-prime and Alt-A Mortgage Exposure
Sub-prime lending is the origination of loans to customers with weaker credit profiles. Due to the
                high quality of our mortgage-backed securities, and the lack of sub-prime loans in the securities, we do not have a material exposure to sub-prime or Alt-A mortgages in those holdings. Alt-A loans are defined as any security backed by
                residential mortgage collateral which is not clearly identifiable as prime or sub-prime.
Commercial Mortgage-backed, Residential
                Mortgage-backed, and Asset-backed Securities
Commercial mortgage-backed securities (CMBS) represent pools of
                commercial mortgages that are broadly diversified across property types and geographical areas. The following table summarizes our exposure to CMBS holdings by NAIC classes and vintage year as of December 31:
2020
NAIC Classes
% of total
                        CMBS
Vintage
1
$
11,234
99.5
%
2020
$
335
3.0
%
2
1
—
2019
1,607
14.2
3
47
0.4
2018
1,845
16.3
4
15
0.1
2017
1,627
14.4
5
—
—
2016 and prior
5,883
52.1
6
—
—
$
11,297
100.0
%
$
11,297
100.0
%
2019
NAIC Classes
% of total
                        CMBS
Vintage
1
$
11,351
100.0
%
2019
$
1,519
13.4
%
2
1
—
2018
$
1,806
15.9
3
1
—
2017
$
1,752
15.4
4
1
—
2016
$
1,832
16.1
5
2
—
2015 and prior
$
4,447
39.2
6
—
—
$
11,356
100.0
%
$
11,356
100.0
%
Selected Financial Data and Management's Discussion and
                    Analysis
Page 17 of 23
Asset backed security (ABS) holdings consist primarily of aircraft
                leases, credit card receivables and other asset-backed securities that meet specific criteria, such as credit quality, insurance requirements, or limits on these types of investments.
The following table summarizes our exposure to other ABS holdings by
                NAIC classes and vintage year as of December 31:
2020
NAIC Classes
% of total
                        other ABS
Vintage
1
$
2,883
70.6
%
2020
$
758
18.6
%
2
976
23.9
2019
1,264
30.9
3
74
1.8
2018
1,094
26.8
4
134
3.3
2017
302
7.4
5
18
0.4
2016 and prior
667
16.3
6
—
—
$
4,085
100.0
%
$
4,085
100.0
%
2019
NAIC Classes
% of total
                        other ABS
Vintage
1
$
2,460
81.1
%
2019
$
1,189
39.2
%
2
529
17.4
2018
926
30.5
3
45
1.5
2017
251
8.3
4
—
—
2016
179
5.9
5
—
—
2015 and prior
489
16.1
6
—
—
$
3,034
100.0
%
$
3,034
100.0
%
Non-agency residential mortgage-backed securities (NA RMBS) are backed by pools of
                residential mortgage loans made to non-prime borrowers, diversified across geographies.
The following table summarizes our exposure to NA RMBS holdings by
                NAIC classes and vintage year as of December 31:
2020
NAIC Classes
% of total
                        NA RMBS
Vintage
1
$
222
95.3
%
2020
$
—
—
%
2
—
—
2019
—
—
3
4
1.7
2018
—
—
4
4
1.7
2017
—
—
5
—
—
2016 and prior
233
100.0
6
3
1.3
$
233
100.0
%
$
233
100.0
%
2019
NAIC Classes
% of total
                        NA RMBS
Vintage
1
$
291
95.8
%
2019
$
1
0.3
%
2
$
1
0.3
2018
$
1
0.3
3
$
3
1.0
2017
$
—
—
4
$
4
1.3
2016
$
—
—
5
$
1
0.3
2015 and prior
$
302
99.4
6
$
4
1.3
$
304
100.0
%
$
304
100.0
%
Selected Financial Data and Management's Discussion and
                    Analysis
Page 18 of 23
Unrealized investment losses of bonds, for investment grade (NAIC
                classes 1-2) and below investment grade (NAIC classes 3-6) securities by duration are as follows at December 31:
2020
Investment
                        Grade
% of Total
Below
                        Investment Grade
% of Total
Twelve months or
                        less below carrying value
$
66
58.8
%
$
31
27.6
%
More than twelve
                        months below carrying value
10
9.3
5
4.3
Total
$
76
68.1
%
$
36
31.9
%
2019
Investment
                        Grade
% of Total
Below
                        Investment Grade
% of Total
Twelve months or
                        less below carrying value
$
42
44.2
%
$
7
7.1
%
More than twelve
                        months below carrying value
$
38
40.0
$
8
8.7
Total
$
80
84.2
%
$
15
15.8
%
See Note 5 of the audited Statutory Financial Statements for
                additional disclosures in regards to unrealized investment losses of bonds, December 31.
Other-than-temporary impairments, by market sector, for impairments
                included in the Statutory Statements of Operations, were as follows at December 31:
2020
2019
Impairment
No. of
                        Securities
Impairment
No. of
                        Securities
Partnerships
$
1
1
$
—
—
Commercial
                        mortgage loans
34
1
$
—
—
Corporate
                        securities
254
83
$
28
14
Total
$
289
85
$
28
14
Refer to Note 6 of the audited Statutory Financial Statements for
                information regarding the fair value and fair value hierarchy level of our financial instruments.
Mortgage Loans on Real Estate
See Note 5 of the audited Statutory Financial Statements and
                Schedules for information regarding Mortgage Loans on Real Estate.
Loan-to-value (LTV) and debt service coverage (DSC) ratios are common
                measurements used to assess the risk and quality of mortgage loans. The LTV ratio, calculated at the time of origination, is the percentage of the loan amount relative to the value of the underlying property. The DSC ratio, based upon the
                most recently received financial statements from the debtor, is calculated as the amount of the property's net income divided by the debt service payments.
See Note 5 of the audited Statutory Financial Statements for
                additional information relating to LTV and DSC ratios.
Selected Financial Data and Management's Discussion and
                    Analysis
Page 19 of 23
Properties collateralizing mortgage loans are geographically
                dispersed throughout the United States as follows at December 31:
2020
2019
Gross
                        Carry Value
% of Total
Gross
                        Carry Value
% of Total
Mortgage loans
                        by region
East
                        North Central
$
1,244
8.0
%
$
1,323
9.3
%
East
                        South Central
375
2.4
323
2.3
Middle

                        Atlantic
1,249
8.0
1,174
8.3
Mountain
1,506
9.6
1,122
7.9
New
                        England
652
4.2
721
5.1
Pacific
4,258
27.2
4,143
29.1
South
                        Atlantic
3,599
23.0
3,188
22.4
West
                        North Central
674
4.3
676
4.8
West
                        South Central
1,314
8.4
1,058
7.4
Total

                        commercial mortgage loans
14,871
95.1
%
$
13,728
96.6
%
Total

                        residential mortgage loans
763
4.9
%
$
489
3.4
%
Total

                        mortgage loans
$
15,634
100.0
%
$
14,217
100.0
%
Properties collateralizing commercial mortgage loans are diversified
                by property type are as follows at December 31:
2020
2019
Gross
                        Carry Value
% of Total
Gross
                        Carry Value
% of Total
Mortgage loans
                        by property type
Industrial
$
3,182
21.4
%
$
2,733
19.9
%
Retail
2,765
18.6
$
2,749
20.0
Office
4,771
32.1
$
4,657
33.9
Apartments
4,153
27.9
$
3,589
26.2
Total
$
14,871
100.0
%
$
13,728
100.0
%
Liquidity and Capital Resources
Overview
The Company's liquidity requirements are generally met through funds
                provided by investment income, receipt of insurance premiums, M&E fees and benefit rider income, maturities and sales of investments, reinsurance recoveries, and capital contributions from Allianz SE, as needed.
The Company has access to funding through securities lending under
                which the Company lends bonds and receives cash collateral and short term securities in an amount in excess of the fair value of the securities loaned.
The Company is a member of the Federal Home Loan Bank (FHLB) of Des
                Moines, which provides access to collateralized borrowings.  Funding from the FHLB is collateralized with bonds from the Company's general account investment portfolio.
Reinsurance may play a key role in funding the Company's continued
                growth, and may be utilized for any product for which there is significant uncertainty related to future claims experience. Moreover, the Company is generally risk adverse for its smaller lines of business, and predictability of future
                profitability takes precedence over retaining a large percentage of risk.
The Company does not utilize the capital markets as a source of
                capital. Should the need for capital arise, the Company may obtain capital contributions from Allianz SE as an alternative source of funding. If capital infusions are deemed necessary, the Company obtains prior approval by the Department,
                as appropriate.
The primary uses of funds are policy benefits, commissions, other
                product-related acquisition costs, investment purchases, operating expenses, and dividends to AZOA. The Company routinely reviews its sources and uses of funds in order to meet its ongoing obligations.
Selected Financial Data and Management's Discussion and
                    Analysis
Page 20 of 23
Financial Ratings and Strength
•
Standard & Poor's    AA (Very Strong)
•
Moody's        A1 (Good)
•
AM Best        A+ (Superior)
Financial strength ratings are based upon an independent review of
                the Company, its ultimate parent (Allianz SE), subsidiaries, and the industry in which the Company operates. Each rating agency assigns ratings based on an independent review and takes into account a variety of factors to arrive at its
                final rating. Ratings are subject to change and there can be no assurance that the ratings afforded to the Company in the future will be consistent with historical ratings.
Cash Flows
The following table sets forth information from our Statutory
                Statements of Cash Flows for the years ended December 31:
2020
2019
2018
Net cash
                        provided by operating activities
$
3,701
1,511
9,951
Net cash (used in) provided by investing
                        activities
(3,240)
955
(9,144)
Net cash used in
                        financing and miscellaneous activities
(1,419)
(1,524)
(1,214)
Net change in cash, cash
                        equivalents, and short-term investments
$
(958)
942
(407)
We have the funds necessary to meet the capital requirements of all
                states in which we do business, and to support our operations.
The increase in net cash provided by operating activities in 2020 as compared to 2019 is primarily due
                to lower net transfers to separate accounts in 2020 compared to 2019, as a result of the one-time transfer in 2019 mentioned below. The decrease was offset by an increase in variable-indexed premiums due to a 2020 sales promotion.
The decrease in net cash provided by operating activities in 2019 as compared to 2018 is primarily due to a
                change in presentation of assets and liabilities relating to variable-indexed products in 2019. The Company transferred assets from the general account to the separate account to align with state product filing requirements. The decrease
                was also driven by higher surrenders and loss-related payments and partially offset by an increase in variable-indexed premiums due to a 2019 sales promotion.
The decrease in the net cash provided by investing activities in 2020 compared to 2019 was driven by
                transfers of assets from the separate account in 2019 and lower proceeds from hedging results driven by market impacts.
The increase in net cash provided by investing activities activities in 2019 as compared to 2018 is driven by the transfer of assets to the separate account and higher proceeds from positive hedging results.
The decrease in net cash used in financing
                and miscellaneous activities was due to net decrease in securities lending payables, partially offset by an increase in divdends to AZOA in 2020. In 2019, the increase in net cash used in financing and miscellaneous activities is primarily
                due to an increase in 2019 dividend payment and partially offset by the net decrease in securities lending payables.
Risk-Based Capital
See Note 17 of the audited Statutory Financial Statements for
                information regarding the Risk-Based Capital (RBC). The Company's RBC ratio significantly exceeds required minimum thresholds as of December 31, 2020 and 2019.
Commitments
The following table summarizes certain contractual obligations and
                the Company's expected commitments based on policyholder behavior assumptions by period as of December 31, 2020:
In 1 year
After 1 year
After 3 years
After
Total
or less
up to 3 years
up to 5 years
5 Years
Payments due
Policyholder

                        liabilities
$
146,476
8,869
17,265
17,640
102,702
Mortgage

                        notes payable
41
10
23
8
—
Operating

                        leases
2
1
1
—
—
Total
                        payments due
$
146,519
8,880
17,289
17,648
102,702
Selected Financial Data and Management's Discussion and
                    Analysis
Page 21 of 23
Policyholder liabilities include estimated claim and benefit, policy
                surrender and commission obligations offset by expected future deposits and premiums on in-force insurance policies and investment contracts in the Individual Annuities and Life segments. We have excluded the separate account liabilities as
                these obligations are legally insulated from general account obligations and will be fully funded by cash flows from separate account assets. The obligations have not been discounted to present value. Estimated claim and benefit obligations
                are based upon mortality, morbidity and lapse assumptions comparable to historical experience. The results are based on assuming market growth and interest crediting consistent with other valuation assumptions. In contrast to this table,
                the majority of our obligations are recorded on the Balance Sheets at current account values or other prescribed measurements that are not directly related to liability cash flows. These obligations do not incorporate an expectation on
                future market growth, interest crediting, or future deposits. Therefore, due to the significance of the assumptions used, the amounts presented could materially differ from actual results.
Mortgage notes payable includes contractual principal and interest
                payments and therefore exceeds the amount shown in the Balance Sheet. See Note 7 of the audited Statutory Financial Statements for additional information.
Contingencies
See Note 21 of the audited Statutory Financial Statements for
                information regarding contingencies.
Off-Balance Sheet Arrangements
The Company does not have any off-balance sheet transactions,
                arrangements or other relationships that management believes would be reasonably likely to have a material effect on the Company's liquidity or the requirements for capital resources.
The Company utilizes exchange-traded futures to economically hedge
                certain product liabilities. Under this kind of transaction, the Company agrees to purchase a specified number of contracts and settles the variation margin with the counterparty on a daily basis in an amount equal to the change in the
                market value of the underlying contracts from the close of the previous trading day. The parties with whom the Company enters into the exchange-traded futures contracts are regulated futures commission's merchants who are members of a
                trading exchange.
The Company is exposed to credit-related losses in the event of
                non-performance by counterparties under the terms of the futures contracts. The Company minimizes counterparty credit risk by establishing relationships only with counterparties rated BBB+ and higher. Given the credit ratings of the
                counterparties with which the Company transacts, the Company does not expect any counterparties to fail to meet their obligations. The Company has also executed Credit Support Annex (CSA) agreements with all active counterparties and
                requires a CSA from all new counterparties added to the Company's counterparty pool. The CSA agreements further limit the Company's counterparty credit risk by requiring the counterparty to post collateral to a segregated custodial account
                based on the net exposure to the Company.
As the Company's futures transactions are executed through a
                regulated exchange, positions are marked-to-market and settled on a daily basis, and collateral is posted prior to execution of a transaction. The Company has minimal exposure to credit-related losses in the event of non-performance. The
                Company is required to post collateral for any futures, options and swap contracts that are executed. The amount of collateral required is determined by the exchange on which the contract is traded. Refer to Note 5 in the audited Statutory
                Financial Statements for additional information regarding derivative collateral posted.
Selected Financial Data and Management's Discussion and
                    Analysis
Page 22 of 23
Item 11(j).
Quantitative and Qualitative Disclosures about Market Risk
Market risk is the risk of the loss of fair value resulting from
                adverse changes in market rates and prices, such as interest rates and equity prices. Market risk is directly influenced by the volatility and liquidity in the markets in which the related underlying financial instruments are traded.
                Reference Note 4 of the audited Statutory Financial Statements for additional details on how we mitigate our market exposure risk and our overall risk management practices.
Sensitivity Analysis
To assess the impact of changes in interest rate and equity markets,
                we perform sensitivity tests. Sensitivity tests measure the instantaneous impact of a single hypothetical interest rate or equity price change on our income, or fair value of an asset or liability, while holding all other rates or prices
                constant. To assess interest rate risk, we perform a sensitivity test which instantaneously shocks interest rates across all maturities by a hypothetical 50 bps. To assess equity risk, we perform a sensitivity test which instantaneously
                shocks all equity prices by a hypothetical 15%.
Interest Rate Risk
One means of assessing exposure to interest rate changes is to
                measure the potential change in the statutory value of an asset due to a hypothetical change in interest rates of 50 bps across all maturities. We noted that under this model, with all other factors remaining constant, a 50 bps increase in
                interest rates would cause our post-tax income to decrease by $89 as of December 31, 2020.
We also examined the impact on post-tax income due to a hypothetical
                decrease in interest rates of 50 bps across all maturities. Under this model, with all other factors being constant, we estimated that such a decline would cause our post-tax income to increase by $28 as of December 31, 2020. Note that the
                impacts referenced reflect the net of economic hedge impact and does not include economic impact related to our fixed-income investment portfolio or economic changes in reserve calculations.
Equity Market Risk
One means of assessing exposure to changes in equity market prices is
                to estimate the potential changes in post-tax income from a hypothetical change in equity market prices of 15%. Under this model, with all other factors constant, we estimated that a decrease in equity market prices would cause our post-tax
                income to decrease by $598, while an increase in equity market prices would cause our post-tax income to increase by $371 based on our equity exposure as of December 31, 2020. Note that the impacts referenced reflect the net of economic
                hedge impact and does not include economic impact related to our fixed-income investment portfolio or economic changes in reserve calculations.
Selected Financial Data and Management's Discussion and
                    Analysis
Page 23 of 23
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Statutory Financial Statements
December 31, 2020 and 2019
(With Report of Independent Auditors Thereon)
Report of Independent Auditors
To the Board of Directors of Allianz Life Insurance Company of North America:
We have audited the accompanying statutory financial statements of Allianz Life Insurance Company of North America, which
                comprise the statutory statements of admitted assets, liabilities, and capital and surplus as of December 31, 2020 and 2019, and the related statutory statements of operations, capital and surplus, and of cash flow for the years then ended.
Management's Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of the financial statements in accordance with the accounting
                practices prescribed or permitted by the Minnesota Department of Commerce. Management is also responsible for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial
                statements that are free from material misstatement, whether due to fraud or error.
Auditors' Responsibility
Our responsibility is to express an opinion on the financial statements based on our audits. We conducted our audits in
                accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material
                misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements.
                The procedures selected depend on our judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, we consider internal control
                relevant to the Company's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of
                the Company's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as
                well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Basis for Adverse Opinion on U.S. Generally Accepted Accounting Principles
As described in Note 2 to the financial statements, the financial statements are prepared by the Company on the basis of the
                accounting practices prescribed or permitted by the Minnesota Department of Commerce, which is a basis of accounting other than accounting principles generally accepted in the United States of America.
The effects on the financial statements of the variances between the statutory basis of accounting described in Note 2 and
                accounting principles generally accepted in the United States of America, although not reasonably determinable, are presumed to be material.
Adverse Opinion on U.S. Generally Accepted Accounting Principles
1 of 67
In our opinion, because of the significance of the matter discussed in the "Basis for Adverse Opinion on U.S. Generally Accepted
                Accounting Principles" paragraph, the financial statements referred to above do not present fairly, in accordance with accounting principles generally accepted in the United States of America, the financial position of the Company as of
                December 31, 2020 and 2019, or the results of its operations or its cash flows for the years then ended.
Opinion on Statutory Basis of Accounting
In our opinion, the financial statements referred to above present fairly, in all material respects, the admitted assets,
                liabilities and surplus of the Company as of December 31, 2020 and 2019, and the results of its operations and its cash flows for the years then ended, in accordance with the accounting practices prescribed or permitted by the Minnesota
                Department of Commerce described in Note 2.
/s/ PricewaterhouseCoopers LLP
Minneapolis, MN
April 2, 2021
2 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus
December 31, 2020 and 2019
(Dollars in millions, except share data)
Admitted Assets
2020
2019
Cash and
                        invested assets:
Bonds
$
99,088
97,269
Stocks
274
181
Investment

                        in subsidiaries
1,329
1,347
Mortgage

                        loans on real estate
15,634
14,217
Real
                        estate
69
64
Cash,

                        cash equivalents and short-term investments
910
1,868
Policy

                        loans
255
234
Derivative

                        assets
4,114
2,391
Other

                        invested assets
3,556
4,299
Total
                        cash and invested assets
125,229
121,870
Investment
                        income due and accrued
1,040
1,031
Current federal
                        and foreign income tax recoverable
200
—
Deferred tax
                        asset, net
273
224
Other assets
745
721
Admitted

                        assets, exclusive of separate account assets
127,487
123,846
Separate account
                        assets
45,901
34,638
Total
                        admitted assets
$
173,388
158,484
3 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus
December 31, 2020 and 2019
(Dollars in millions, except share data)
Liabilities and Capital and Surplus
2020
2019
Policyholder
                        liabilities:
Life
                        policies and annuity contracts
$
102,549
100,278
Accident

                        and health policies
1,912
1,743
Deposit-type

                        contracts
4,749
4,936
Life
                        policy and contract claims
8
10
Accident

                        and health policy and contract claims
18
17
Other

                        policyholder funds
117
114
Total
                        policyholder liabilities
109,353
107,098
Interest
                        maintenance reserve
18
148
General expenses
                        due and accrued
157
143
Due from
                        separate accounts
(294)
(626)
Current income
                        taxes payable
35
118
Borrowed money
1,501
1,002
Asset valuation
                        reserve
983
895
Derivative
                        liabilities
3,262
2,049
Other
                        liabilities
4,811
5,065
Liabilities,

                        exclusive of separate account liabilities
119,826
115,892
Separate account
                        liabilities
45,901
34,638
Total
                        liabilities
165,727
150,530
Capital and
                        surplus:
Class

                        A, Series A preferred stock, $1 par value. Authorized, issued, and outstanding, 8,909,195 shares; liquidation preference of $2 and $2 at December 31, 2020 and 2019, respectively
9
9
Class A, Series B preferred
                        stock, $1 par value. Authorized, 10,000,000 shares; issued and outstanding, 9,994,289 shares; liquidation preference of $10 and $10 at December 31, 2020 and 2019, respectively
10
10
Common

                        stock, $1 par value. Authorized, 40,000,000 shares; issued and outstanding, 20,000,001 shares at December 31, 2020 and 2019, respectively
20
20
Additional paid-in capital
3,676
3,676
Special

                        surplus funds
(1,844)
—
Unassigned

                        surplus
5,790
4,239
Total
                        capital and surplus
7,661
7,954
Total
                        liabilities and capital and surplus
$
173,388
158,484
See accompanying
                        notes to statutory financial statements.
4 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Statutory Statements of Operations
Years ended December 31, 2020, 2019, and 2018
(Dollars in millions)
2020
2019
2018
Income:
Premiums

                        and annuity considerations
$
10,346
12,805
11,925
Consideration

                        for supplementary contracts
196
224
268
Net
                        investment income
4,864
4,839
4,593
Commissions

                        and expense allowances on reinsurance ceded
(38)
338
163
Reserve

                        adjustments related to reinsurance ceded
(7)
(9)
82
Fees
                        from separate accounts
567
613
676
Other
694
(13)
(3)
Total
                        income
16,622
18,797
17,704
Benefits and
                        other expenses:
Policyholder

                        benefits
1,926
1,809
1,822
Surrenders
8,417
8,559
7,614
Change

                        in aggregate reserves and deposit funds
2,465
1,034
7,299
Commissions

                        and other agent compensation
1,139
1,284
1,223
General

                        and administrative expenses
600
594
547
Net
                        transfers to (from) separate accounts
1,460
5,254
(2,009)
Total
                        benefits and other expenses
16,007
18,534
16,496
Income (loss) from operations before federal income taxes and net
                          realized capital gain (loss)
615
263
1,208
Income tax
                        expense (benefit)
18
773
(51)
Net
                        (loss) income from operations before net realized capital gain (loss)
597
(510)
1,259
Net
                        realized capital gain (loss), net of taxes and interest maintenance reserve
142
1,053
(490)
Net
                        income
$
739
543
769
See accompanying
                        notes to statutory financial statements.
5 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Statutory Statements of Capital and Surplus
Years ended December 31, 2020, 2019, and 2018
(Dollars in millions)
2020
2019
2018
Capital

                        and surplus at beginning of year
$
7,954
6,576
6,011
Change

                        in accounting principle, net of tax (Note 3)
—
—
(86)
Change

                        in reserve on account of change in valuation basis (Note 3)
(1)
—
342
Adjusted

                        balance at beginning of year
7,953
6,576
6,267
Net
                        income
739
543
769
Change

                        in unrealized capital gain (loss)
(61)
719
(230)
Change

                        in net deferred income tax
42
330
(121)
Change

                        in asset valuation reserve
(88)
(131)
(38)
Dividends

                        paid to parent
(750)
(325)
—
Change

                        in unamortized gain on reinsurance transactions
(162)
248
(76)
Other

                        changes in capital and surplus
(12)
(6)
5
Capital

                        and surplus at end of year
$
7,661
7,954
6,576
See accompanying
                        notes to statutory financial statements.
6 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Statutory Statements of Cash Flow
Years ended December 31, 2020, 2019, and 2018
(Dollars in millions)
2020
2019
2018
Cash flow from
                        operating activities:
Revenues:
Premiums

                        and annuity considerations, net
$
10,543
13,030
12,194
Net
                        investment income
4,990
5,000
4,652
Commissions

                        and expense allowances on reinsurance ceded
36
86
86
Fees
                        from separate accounts
567
613
676
Other
217
71
96
Cash
                        provided by operating activities
16,353
18,800
17,704
Benefits

                        and expenses paid:
Benefit

                        and loss-related payments
9,513
9,469
8,404
Net
                        transfers to (from) separate accounts
1,128
5,534
(2,305)
Commissions,

                        expenses paid, and aggregate write-ins for deductions
1,727
1,881
1,800
Income

                        tax paid (benefit received), net
290
338
(79)
Change

                        in unallocated remittances and items
(6)
67
(67)
Cash
                        used in operating activities
12,652
17,289
7,753
Net cash
                        provided by operating activities
3,701
1,511
9,951
Cash flow from
                        investing activities:
Proceeds

                        from investments sold, matured or repaid:
Bonds
8,935
15,892
9,476
Stocks
147
113
172
Mortgage

                        loans
1,024
1,356
617
Other
                        invested assets
60
32
13
Derivatives
861
1,429
—
Miscellaneous

                        proceeds
2
1,572
559
Cash
                        provided by investing activities
11,029
20,394
10,837
Cost
                        of investments acquired:
Bonds
10,885
15,976
16,310
Stocks
230
145
175
Mortgage

                        loans
2,482
2,283
2,111
Real
                        estate
10
11
9
Other
                        invested assets
156
192
189
Derivatives
—
—
547
Miscellaneous

                        applications
485
812
611
Cash
                        used in investing activities
14,248
19,419
19,952
Net
                        increase in policy loans and premium notes
21
20
30
Net cash
                        (used in) provided by investing activities
(3,240)
955
(9,145)
Cash flow from
                        financing and miscellaneous activities:
Change

                        in borrowed money
500
500
—
Payments

                        on deposit-type contracts and other insurance liabilities, net of deposits
(1,290)
(1,333)
(1,250)
Dividends

                        paid to parent
(750)
(325)
—
Other
                        cash provided (used)
121
(366)
37
Net cash
                        used in financing and miscellaneous activities
(1,419)
(1,524)
(1,213)
Net
                        change in cash, cash equivalents, and short-term investments
(958)
942
(407)
Cash, cash
                        equivalents, and short-term investments:
Beginning

                        of year
1,868
926
1,333
End
                        of year
$
910
1,868
926
See accompanying
                        notes to statutory financial statements.
7 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(1)    Organization and Nature of Operations
Allianz Life Insurance Company of North America
                (the Company) is a wholly-owned subsidiary of Allianz of America, Inc. (AZOA or parent company), which is a wholly-owned subsidiary of Allianz Europe, B.V. Allianz Europe, B.V. is a wholly-owned subsidiary of Allianz SE. Allianz SE is a
                European company registered in Munich, Germany, and is the Company's ultimate parent. The Company has a wholly-owned life insurance company subsidiary, Allianz Life Insurance Company of New York (AZNY). The Company also wholly owns a
                captive reinsurer, Allianz Life Insurance Company of Missouri (AZMO).
The Company is a life insurance company licensed to
                sell annuity, group and individual life, and group and individual accident and health policies in the United States, Canada, and several U.S. territories. Based on statutory net premium written, the Company's business is predominately
                annuity. The annuity business consists of fixed-indexed, variable-indexed, variable, and fixed annuities. The life business consists of both individual and group life. Life business includes products with guaranteed premiums and benefits
                and consists principally of fixed-indexed universal life policies and closed blocks of universal life policies, term insurance policies, and limited payment contracts. Accident and health business is primarily comprised of closed blocks of
                long-term care (LTC) insurance. The Company's primary distribution channels are through independent agents, broker-dealers, banks, and third-party marketing organizations.
After evaluating the Company's ability to continue
                as a going concern, management is not aware of any conditions or events which raise substantial doubts concerning the Company's ability to continue as a going concern as of the date of filing these Statutory Financial Statements.
(2)    Summary of Significant Accounting Policies
(a)
Basis of Presentation
The Statutory Financial Statements have been
                prepared in accordance with accounting practices prescribed or permitted by the Minnesota Department of Commerce (the Department). The Department recognizes statutory accounting practices prescribed or permitted by the state of Minnesota
                for determining and reporting the financial condition and results of operations of an insurance company and its solvency under Minnesota insurance law. The state of Minnesota has adopted the National Association of Insurance Commissioners
                (NAIC)
Accounting Practices and Procedures Manual
as its prescribed basis of statutory accounting principles (SAP), without significant modification. The Company has no material statutory accounting practices that differ
                from those of the Department or NAIC SAP. These practices differ in some respects from accounting principles generally accepted in the United States of America (U.S. GAAP). The effects of these differences, while not quantified, are
                presumed to be material to the Statutory Financial Statements. The more significant of these differences are as follows:
(1)    Acquisition costs, such as
                commissions and other costs incurred in connection with acquiring new and renewal business, are charged to current operations as incurred. Under U.S. GAAP, acquisition costs that are directly related to the successful acquisition of
                insurance contracts are capitalized and charged to operations as the corresponding revenues or future profits are recognized.
(2)    Aggregate reserves for
                life policies and annuity contracts, excluding variable annuities, are based on statutory mortality and interest assumptions without consideration for lapses or withdrawals. Under U.S. GAAP, aggregate reserves consider lapses and
                withdrawals.
(3)    Certain reinsurance
                transactions, primarily used for annuity business, are recognized as reinsurance for statutory purposes only.
(4)    Ceded reinsurance
                recoverable are netted against their related reserves within Policyholder liabilities, Life policies and annuity contracts and Life policy and contract claims, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and
                Surplus. Under U.S. GAAP, these ceded reserves are presented on a gross basis as an asset.
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ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(5)    The Company reinsures a
                portion of its in-force block of business through several reinsurance agreements. Under NAIC SAP, the after-tax gains associated with these indemnity reinsurance transactions are recorded in Unassigned surplus and recognized through income
                as future earnings of the books of business emerge. Under U.S. GAAP, the pretax gains associated with such transactions that qualify as reinsurance, are deferred as liabilities and are amortized into operations over the revenue-producing
                period of the policies.
(6)    Bonds are carried at
                values prescribed by the NAIC, generally amortized cost, except for those with an NAIC rating of 6, which are reported at the lower of amortized cost or fair value. Under U.S. GAAP, bonds classified as "available-for-sale" are carried at
                fair value, with unrealized gains and losses recorded in stockholder's equity.
(7)    Changes in deferred
                income taxes are recorded directly to Unassigned surplus. Under U.S. GAAP, these items are recorded as an item of income tax benefit or expense in operations. Moreover, under NAIC SAP, a valuation allowance may be recorded against the
                deferred tax asset (DTA) and admittance testing may result in an additional charge to capital and surplus for nonadmitted portions of DTAs. Under U.S. GAAP, a valuation allowance may be recorded against the DTA and reflected as an expense.
(8)    Investments in
                subsidiaries are carried at net equity values as prescribed by the NAIC. Changes in equity values are reflected in Unassigned surplus within the Statutory Statements of Capital and Surplus as credits or charges to Unassigned surplus. Under
                U.S. GAAP, wholly owned subsidiary results are consolidated.
(9)    The Company is required to
                establish an asset valuation reserve (AVR) liability and an interest maintenance reserve (IMR) liability. The AVR provides for a standardized statutory investment valuation reserve for certain invested assets. Changes in this reserve are
                recorded as direct charges or credits to Unassigned surplus. The IMR is designed to defer net realized capital gains and losses resulting from changes in the level of prevailing market interest rates and amortize them into income within the
                Statutory Statements of Operations over the remaining life of the investment sold. The IMR represents the unamortized portion of applicable investment gains and losses as of the balance sheet date. There is no such concept under U.S. GAAP.
(10)    Canadian asset and
                liability amounts are expressed in Canadian dollars without foreign exchange translation into U.S. dollars. A net foreign currency translation adjustment is recorded within the Statutory Statements of Admitted Assets, Liabilities, and
                Capital and Surplus with an offset to Other changes in capital and surplus within the Statutory Statements of Capital and Surplus. Under U.S. GAAP, Canadian assets and liabilities are converted to U.S. dollars, with any translation
                adjustment recorded to stockholder's equity.
(11)    Certain assets designated
                as "nonadmitted assets" are not recognized and are charged directly to Unassigned surplus within the Statutory Statements of Capital and Surplus. These include, but are not limited to, investments in unaudited subsidiary, controlled, and
                affiliated (SCA) entities, electronic data processing (EDP) software, portions of goodwill, furniture and fixtures, prepaid expenses, receivables outstanding greater than 90 days, and portions of DTAs. There is no such concept under U.S.
                GAAP.
(12)    A provision is made for
                amounts ceded to unauthorized reinsurers in excess of collateral in the form of a trust or letter of credit through a direct charge to Unassigned surplus within the Statutory Statements of Capital and Surplus. There is no such requirement
                under U.S. GAAP.
(13)    Revenues for universal
                life policies and annuity contracts, excluding deposit-type contracts, are recognized as revenue when received within the Statutory Statements of Operations. Under U.S. GAAP, policy and contract fees charged for the cost of insurance,
                policy administrative charges, amortization of policy initiation fees, and surrender contract charges are recorded as revenues when earned.
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ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(14)    Benefits for universal
                life policies and annuity contracts within the Statutory Statements of Operations, excluding deposit-type contracts, consist of payments made to policyholders. Under U.S. GAAP, benefits represent interest credited, and claims and benefits
                incurred in excess of the policyholder's contract balance.
(15)    Derivatives are reported
                at fair value in accordance with SSAP No. 86, Derivatives (SSAP No. 86) and SSAP No. 108, Derivatives Hedging Variable Annuity Guarantees (SSAP No. 108). See additional information in section (k) of this note and note 5. Changes in the fair
                value of derivatives, except those reported under SSAP No. 108, are recorded as direct adjustments to Unassigned surplus as a component of Change in unrealized capital gains (losses) within the Statutory Statements of Capital and Surplus.
                For derivatives reported under SSAP No. 108, changes in fair value are recognized as net deferred assets or liabilities within Other assets or Other liabilities, respectively, in the Statutory Statements of Admitted Assets, Liabilities, and
                Capital and Surplus, for fluctuations in fair value that do not offset the changes in the hedged item. The deferred asset or liability is amortized over the timeframe required under SSAP No. 108. Under U.S. GAAP, changes in the fair value
                of derivatives are recorded in derivative income (loss) as part of operating income and the hedged derivatives are carried at fair value. In addition, the effective and ineffective portions of a hedge are accounted for separately.
(16)    Commissions allowed by
                reinsurers on business ceded are reported as income when received within the Statutory Statements of Operations. Under U.S. GAAP, such commissions are deferred and amortized as a component of deferred acquisition costs to the extent
                recoverable.
(17)    The Statutory Financial
                Statements do not include a statement of comprehensive income as required under U.S. GAAP.
(18)    The Statutory Statements
                of Cash Flow do not classify cash flows consistent with U.S. GAAP and a reconciliation of net income to net cash provided from operating activities is not provided.
(19)    The calculation of
                reserves and transfers in the separate account statement requires the use of a Commissioners Annuity Reserve Valuation Method (CARVM) allowance on annuities for NAIC SAP. There is no such requirement under U.S. GAAP.
(20)    Sales inducements and
                premium bonuses are included in Life policies and annuity contracts in the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus, and are charged to current operations as incurred. Under U.S. GAAP, deferred sales
                inducements and premium bonuses are similarly reserved; however, the costs are capitalized as assets and charged to operations as future profits are recognized in a manner similar to acquisition costs.
(21)    Negative cash balances
                are presented as a negative asset within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. These balances are presented as a liability under U.S. GAAP.
(22)    Embedded derivatives are
                not separated from the host contract and accounted for separately as a derivative instrument. Under U.S. GAAP, entities must separate the embedded derivative from the host contracts and separately account for those embedded derivatives at
                fair value.
(23)    For certain annuity
                products with a market value adjustment feature sold to Minnesota residents (MN MVA) and variable-indexed annuities, the Department requires the Company to maintain a separate asset portfolio to back related reserves. These assets and
                liabilities are required to be included as part of the Separate account assets and Separate account liabilities presented on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Under U.S. GAAP, there is no
                such requirement.
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ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(b)
Permitted and
                Prescribed Statutory Accounting Practices
The Company is required to file annual statements
                with insurance regulatory authorities, which are prepared on an accounting basis permitted or prescribed by such authorities. Prescribed statutory accounting practices include state laws, regulations, and general administrative rules, as
                well as a variety of publications of the NAIC. Permitted statutory accounting practices encompass all accounting practices that are not prescribed; such practices differ from state to state, may differ from company to company within a
                state, and may change in the future. The Company has no permitted or prescribed practices that differ from NAIC SAP that had an impact on net income or surplus as of December 31, 2020, 2019, and 2018.
The Company's subsidiary, AZMO, has adopted an
                accounting practice that is prescribed by the Department of Insurance, Financial Institutions, and Professional Registration of the State of Missouri (the Missouri Department). The effect of the accounting practice allows a letter of credit
                to be carried as an admitted asset. The balance of the letter of credit asset at December 31, 2020 and 2019 was $101 and $109, respectively. Under NAIC SAP, this letter of credit would not be allowed as an admitted asset.
This prescribed practice does not impact the net
                income of AZMO and results in increases to surplus of $101 and $109 as of December 31, 2020 and 2019, respectively. The Company's carrying value of its investment in AZMO per the audited statutory surplus was $350 and $345, and the carrying
                value of its investment in AZMO would have been $249 and $236 if AZMO had completed Statutory Financial Statements in accordance with the NAIC SAP as of December 31, 2020 and 2019, respectively. AZMO maintains an adequate amount of surplus
                such that if it had not adopted the prescribed practice, surplus would still exceed the risk-based capital requirements.
(c)
Use of Estimates
The preparation of Statutory Financial Statements
                in conformity with NAIC SAP requires management to make certain estimates and assumptions that affect reported amounts of admitted assets and liabilities, including reporting or disclosure of contingent assets and liabilities as of
                December 31, 2020 and 2019, and the reported amounts of revenues and expenses during the reporting period. Future events, including changes in mortality, morbidity, interest rates, capital markets, and asset valuations could cause actual
                results to differ from the estimates used within the Statutory Financial Statements. Such changes in estimates are recorded in the period they are determined.
(d)
Premiums and
                Annuity Considerations
Life premiums are recognized as income over the
                premium paying period of the related policies. Nondeposit-type annuity considerations are recognized as revenue when received. Accident and health premiums are earned ratably over the terms of the related insurance and reinsurance contracts
                or policies.
(e)
Aggregate Reserves
                for Life Policies and Annuity Contracts
Reserves are principally calculated as the minimum
                reserves permitted by the state where the contract is issued for the year in which the contract is issued.
For the Company's fixed annuity product lines,
                reserves are calculated using CARVM. The Company uses both issue year and change in fund basis for the calculation method, on a curtate basis, using the maximum allowable interest rate. Deferred fixed-interest and fixed-indexed annuities
                typically have a two-tier structure to encourage annuitization, or a single-tier structure, which may include a market value adjustment. Either two-tier or single-tier annuities may include bonuses.
For the Company's variable and variable-indexed
                annuity product lines, reserves are calculated using VM-21,
Requirements for Principle-Based Reserves
                for Variable Annuities
(VM-21), effective January 1, 2020. Prior to January 1, 2020, reserves were calculated using
Actuarial Guideline XLIII – CARVM for Variable Annuities
(AG43) Variable deferred annuities include a wide range of guaranteed minimum death benefits and living benefits (income, accumulation, and withdrawal).
Reserves for immediate annuities are calculated
                using current prescribed mortality tables.
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ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
Aggregate reserves for life insurance policies are
                principally calculated using the Commissioners Reserve Valuation Method (CRVM). Additional reserves are held for supplemental benefits and for contracts with secondary guarantees, consistent with prescribed regulations and actuarial
                guidelines.
The Company performs an annual asset adequacy
                analysis as required by regulation covering substantially all of its reserves. These tests are not only performed under the required interest rate scenarios, but also under additional stochastically generated interest and equity growth
                scenarios. Sensitivity tests, including policy lapse, annuitization, maintenance expenses, and investment return, are performed to evaluate potential insufficiencies in reserve adequacy.The results of these tests and analysis resulted in $0
                of additional reserves at December 31, 2020 and 2019, respectively.
(f)
Aggregate Reserves
                for Accident and Health Policies
For accident and health business, reserves consist
                of active life reserves (mainly reserves for unearned premiums and reserves for contingent benefits on individual LTC business) and claim reserves (the present value of amounts not yet due). Claim reserves represent incurred but unpaid
                claims under group policies. For the LTC business, the asset adequacy analysis was performed through a gross premium valuation. At December 31, 2020 and 2019, the results of these tests and analysis supported the establishment of additional
                reserves of $151 and $70, respectively.
(g)
Deposit-type
                Contracts
Deposit-type contracts represent liabilities to
                policyholders in a payout status, who have chosen a fixed payout option without life contingencies. The premiums and claims related to deposit-type contracts are not reflected in the Statutory Statements of Operations as they do not have
                insurance risk. The Company accounts for the contract as a deposit-type contract in the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
(h)
Policy and
                Contract Claims
Policy and contract claims include the liability
                for claims reported but not yet paid, claims incurred but not yet reported (IBNR), and claim settlement expenses on the Company's accident and health business. Actuarial reserve development methods are generally used in the determination of
                IBNR liabilities. In cases of limited experience or lack of credible claims data, loss ratios are used to determine an appropriate IBNR liability. Claim and IBNR liabilities of a short-term nature are not discounted, but those claim
                liabilities resulting from disability income or LTC benefits include interest and mortality discounting.
(i)
Reinsurance
The Company assumes and cedes business with other
                insurers. Reinsurance premium and benefits paid or provided are accounted for in a manner consistent with the basis used in accounting for original policies issued and the terms of the reinsurance contracts. Amounts recoverable from
                reinsurers represent account balances and unpaid claims covered under reinsurance contracts. Amounts paid or deemed to have been paid for claims covered by reinsurance contracts are recorded as a reinsurance recoverable and are included in
                Other assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
Included in Unassigned surplus is the gain
                recognized when the Company enters into a coinsurance or yearly renewable term (YRT) agreement on existing business. The gain is deferred and amortized into operations on a basis consistent with how the future earnings emerge on the
                underlying business.
Reserve adjustments related to reinsurance ceded
                include reserve increases received from a reinsurer on modified coinsurance ceded.
(j)
Investments
Investment values are determined in accordance with
                methods prescribed by the NAIC.
Bonds and Stocks
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ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
The Securities Valuation Office (SVO) of the NAIC
                evaluates the credit quality of the Company's bond investments. Bonds rated at "1" (highest quality), "2" (high quality), "3" (medium quality), "4" (low quality), or "5" (lower quality) are reported at cost adjusted for the amortization of
                premiums, accretion of discounts, and any impairment. Bonds rated at "6" (lowest quality) are carried at the lower of amortized cost or fair value with any adjustments to fair value recorded to Unassigned surplus within the Statutory
                Statements of Capital and Surplus.
In accordance with its investment policy, the
                Company invests primarily in high-grade marketable securities. Dividends are accrued on the date declared and interest is accrued as earned. Premiums or discounts on bonds are amortized using the constant-yield method.
Loan-backed securities and structured securities
                are amortized using anticipated prepayments, in addition to other less significant factors. Prepayment assumptions for loan-backed and structured securities are obtained from various external sources or internal estimates. The Company
                believes these assumptions are consistent with those a market participant would use. The Company recognizes income using the modified scientific method based on prepayment assumptions and the estimated economic life of the securities. For
                structured securities, except for collateralized debt obligations (CDOs) and impaired bonds, when actual prepayments differ significantly from anticipated prepayments, the effective yield is recalculated to reflect actual payments to date
                and anticipated future payments retrospectively. Any resulting adjustment is included in Net investment income on the Statutory Statements of Operations. For CDOs and impaired bonds, when adjustments are made for anticipated prepayments and
                other expected changes in future cash flows, the effective yield is recalculated using the prospective method as required by Statement of Statutory Accounting Principles (SSAP) No. 43R –
Loan Backed and Structured Securities
(SSAP No. 43R).
Hybrid securities are investments structured to
                have characteristics of both stocks and bonds. The Company records these securities within Bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
Common stocks, other than investments in
                subsidiaries and Federal Home Loan Bank (FHLB) stock, are carried at fair value. Preferred stocks are carried at the lower of cost or fair value. The related unrealized capital gains (losses) are reported in Unassigned surplus, net of
                federal income taxes within the Statutory Statements of Capital and Surplus. FHLB stock is carried at cost, which approximates fair value.
Gross realized gains and losses are computed based
                on the average amortized cost of all lots held for a particular CUSIP.
The fair value of bonds, and common and preferred
                stocks is obtained from third-party pricing sources whenever possible. Management completes its own independent price verification (IPV) process, which ensures security pricing is obtained from a third-party source other than the sources
                used by the Company's internal and external investment managers. The IPV process supports the reasonableness of price overrides and challenges by the internal and external investment managers and reviews pricing for appropriateness. Results
                of the IPV process are reviewed by the Company's Pricing Committee.
The Company reviews its combined investment
                portfolio, including subsidiaries, in aggregate each quarter to determine if declines in fair value are other than temporary.
For bonds for which the fair value is less than
                amortized cost, the Company evaluates whether a credit loss exists by considering primarily the following factors: (a) the length of time and extent to which the fair value has been less than the amortized cost of the security; (b) changes
                in the financial condition, credit rating, and near-term prospects of the issuer; (c) whether the issuer is current on contractually obligated interest and principal payments; (d) changes in the financial condition of the security's
                underlying collateral, if any; and (e) the payment structure of the security. For loan-backed securities, the Company must allocate other-than-temporary impairments (OTTI) between interest and noninterest-related declines in fair value.
                Interest-related impairments are considered other than temporary when the Company has the intent to sell the investment prior to recovery of the cost of the investment. The Company maintains a prohibited disposal list that restricts the
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ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
ability of the investment managers to sell
                securities in a significant unrealized loss position and requires formal attestations from investment managers regarding their lack of intent to sell certain securities.
The Company evaluates whether equity securities are
                other-than-temporarily impaired through a review process which includes, but is not limited to, market analysis, analyzing current events, assessing recent price declines, and management's judgment related to the likelihood of recovery
                within a reasonable period of time.
Impairments considered to be other-than-temporary
                are recorded as a reduction of the cost of the security, and a corresponding realized loss is recognized on the Statutory Statements of Operations in the period in which the impairment is determined. Recognition of the realized loss is
                subject to potential offset by AVR and IMR.
The Company holds certain cash equivalents which
                receive bond treatment based on their underlying securities. These are classified as Other assets receiving bond treatment in Note 5.
Investment in Subsidiaries
Common stock of the Company's insurance
                subsidiaries is carried at SAP capital and surplus, and investments in non-insurance subsidiaries are carried at U.S. GAAP equity value adjusted for certain items that are considered to be non-admitted. Unaudited subsidiaries are fully
                non-admitted.
Mortgage Loans on Real Estate
Mortgage loans on real estate, including commercial
                mortgage loans (CMLs) and residential mortgage loans (RMLs), are carried at the outstanding principal balance, adjusted for any impairment. The fair value of CMLs is calculated by analyzing individual loans and assigning ratings to each
                loan based on a combination of loan-to-value ratios and debt service coverage ratios. Fair value is determined based on these factors as well as the contractual cash flows of each loan and the current market interest rates for similar
                loans. The fair value of RMLs is calculated by discounting estimated cash flows, with discount rates based on current market conditions. The Company evaluates loans quarterly to assess whether there is an impairment based on the likelihood
                of receiving all contractual cash flows. The Company accounts for interest income on impaired loans on a cash basis. Interest accrual is discontinued for impaired loans and interest income is only recognized when received. Payments received
                on impaired loans are applied to accrued interest, and payments received in excess of accrued interest are applied to principal.
Real Estate
Real estate represents the Company's home office
                property, and is carried at depreciated cost less encumbrances in accordance with SSAP No. 40 –
Real
                Estate Investments
. Real estate income, including income received from home office property, is included in Net investment
                income on the Statutory Statements of Operations. Real estate, exclusive of land, is depreciated on a straight-line basis over estimated useful lives ranging from 3 to 40 years. At December 31, 2020 and 2019, accumulated depreciation was
                $74 and $69, respectively. Furthermore, as of December 31, 2020 and 2019, real estate was presented net of encumbrances of $41 and $51, respectively, as discussed in Note 7.
Cash and Cash Equivalents
Cash and cash equivalents may include cash on hand,
                demand deposits, money market funds, reverse repurchase agreements (repo), and highly liquid debt instruments purchased with an original maturity of three months or less. Due to the short-term nature of these investments, the carrying value
                is deemed to approximate fair value.
In the normal course of business, the Company
                enters into bilateral and tri-party repos, whereby the Company purchases securities and simultaneously agrees to resell the same securities at a stated price on a specified date in the future, for the purpose of earning a specified rate of
                return. An affiliate of the Company serves as the agent in the bilateral agreements and an unaffiliated bank serves as the custodian in the tri-party agreements. The bilateral agreements require purchases of specifically identified
                securities. If at any time the fair value of those purchased securities falls below the purchase price, additional collateral in the form of cash or additional securities is required to be transferred to ensure margin maintenance. The
                tri-party agreements allow for the
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ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
purchase of certain bonds and structured
                securities, and require a minimum of 102% of fair value of the securities purchased to be maintained as collateral.
The Company's repos are accounted for as
                collateralized lending in accordance with SSAP No. 103R –
Transfers and Servicing of Financial Assets
                and Extinguishments of Liabilities
(SSAP No. 103R), whereby the amounts paid for the securities are reported as cash
                equivalents within Cash and cash equivalents on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The difference between the amount paid and the amount at which the securities will be resold is reported as
                interest income within Net investment income on the Statutory Statements of Operations.
Policy Loans
Policy loans are supported by the underlying cash
                value of the policies. Policy loans are carried at unpaid principal balances plus accrued interest income on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The unpaid principal balances are not in excess
                of the cash surrender values of the related policies.
Other Invested Assets
The Company participates in securities lending
                arrangements whereby specific securities are loaned to other institutions. The Company receives collateral from these arrangements including cash and cash equivalents, which can be reinvested based on the Company's discretion, and noncash
                collateral, which may not be sold or re-pledged unless the counterparty is in default. The Company accounts for its securities lending transactions as secured borrowings, in which the cash collateral received and the related obligation to
                return the cash collateral are recorded in Other invested assets and Other liabilities, respectively, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Noncash collateral received is not reflected on the
                Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Securities on loan remain on the Company's Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus, and interest and dividend income earned
                by the Company on loaned securities is recognized in Net investment income on the Statutory Statements of Operations.
Company policy requires a minimum of 102% of fair
                value of securities loaned under securities lending agreements to be maintained as collateral.
The Company's sources of cash used to return cash collateral is dependent upon the liquidity of current market conditions. The Company has policies in place to manage reinvested collateral at appropriate levels of liquidity.
The Company invests in low income housing tax
                credit (LIHTC) investments for tax benefits. In accordance with SSAP No. 93 –
Low Income Housing Tax
                Credit Property Investments
, the LIHTC investments are carried at cost and adjusted for amortization based on the
                proportion of total tax credits and other tax benefits expected to be received over the life of the investments. The Company records an asset for the full unfunded investment amount upon entering into a LIHTC agreement; amortization
                decreases the asset balance over time. A corresponding liability is recorded for the unfunded commitment balance beginning when the LIHTC investment is initially funded, which decreases as the Company provides capital to fund. The asset and
                liability are recorded in Other invested assets and Other liabilities, respectively, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The tax benefit is recognized within Income tax expense within the
                Statutory Statements of Operations. The amortization of the investment is recorded as Net investment income and any impairments are included in Net realized capital gain (loss) within the Statutory Statements of Operations.
Receivables and payables for securities are
                carried at fair value on the trade date and represent a timing difference on securities that are traded at the balance sheet date but not settled until subsequent to the balance sheet date. Receivables and payables for securities are
                included in Other invested assets and Other liabilities, respectively, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
(k)    Derivatives
The Company utilizes derivatives within certain
                actively managed investment portfolios for hedging purposes.
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ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
Hedge Accounting
The Company elects hedge accounting under SSAP No.
                86 and SSAP No. 108 for certain qualifying derivative instruments. To qualify for hedge accounting, at inception, the Company formally documents the risk management objective and strategy for undertaking the hedging transaction. The
                documentation links a specific derivative to a specific asset or liability on the Statutory Statements of Assets, Liabilities, and Capital and Surplus, identifies how the derivative is expected to offset the exposure to changes in the
                hedged item's fair value or variability in cash flows attributable to the designated hedge risk, and the effectiveness testing methods to be used. Hedge effectiveness is formally assessed at inception and on a quarterly basis throughout the
                life of the designated hedging relationships.
Hedge effectiveness is assessed using qualitative
                and quantitative methods. Qualitative methods may include comparison of critical terms of the derivative to the hedged item. Quantitative methods include analysis of changes in fair value or cash flows associated with the hedge
                relationship. Hedge effectiveness may be measured using either the dollar offset method or regression analysis. The dollar offset method compares changes in fair value or cash flows of the hedging instrument with changes in the fair value
                or cash flows of the hedged item attributable to the hedged risk. Regression analysis is a statistical technique used to measure the relationships between the fair values or cash flows of a derivative and a hedged item and how each reacts
                to changes in the designated hedge risk (i.e., interest rates, foreign currency rates).
A derivative instrument is either classified as an
                effective hedge or an ineffective hedge. Entities must account for the derivative at fair value if deemed to be ineffective or becomes ineffective. For those derivatives qualifying as effective for hedge accounting under SSAP No. 86, the
                change in the carrying value or cash flow of the derivative shall be recorded consistently with the way that changes in the carrying value or cash flows of the hedged item are recorded. For those derivative qualifying as effective for hedge
                accounting under SSAP No. 108, the derivative is carried at fair value.
Foreign Currency Swaps
The Company utilizes foreign currency swaps to
                hedge cash flows and applies hedge accounting. Specifically, the Company uses foreign currency swaps to hedge foreign currency and interest rate fluctuations on certain underlying foreign currency denominated fixed-maturity securities. The
                foreign currency swaps are reported at amortized cost from the date hedge accounting is designated and deemed to be effective, which is consistent with the accounting for the bonds that are the subject of the hedge accounting transactions.
Interest Rate Swaps on Variable Annuity Insurance
                Liabilities
The Company utilizes interest rate swaps (IRS) to hedge the interest rate risk on
                certain variable annuity
guarantee benefits. These are accounted for as a cash flow hedge under SSAP No. 86
                and a fair value hedge under SSAP No. 108, as further discussed below.
Prior to January 1, 2020, the Company had IRS that
                hedge the interest rate risk on certain variable annuity guarantee benefits held at amortized cost in accordance with SSAP No. 86. The initial book value of the IRS represented the book value created from inception until the designation of
                hedge accounting. These IRS were held at amortized cost and changes were recognized to the extent they offset changes in the AG43 reserve for the hedged item due to interest rate movement. The initial book value and subsequent changes due
                to the hedged item or realized gains or losses recorded under hedge accounting (hedge adjustment) are amortized over the duration of the hedge program, approximated by AG43 standard scenario revenues. The carrying value of the IRS with
                hedge adjustment, as well as settled variation margin payable, were recorded within Other liabilities on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus, with changes in the IRS hedge adjustment recorded
                within Other Income on the Statutory Statements of Operations. The carrying value of settled variation margin receivable was recorded within Other assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
16 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
The table below illustrates the hedge adjustment calculation under SSAP No. 86 for the year ended
                December 31, 2019:
2019
Initial
                        book value of the IRS created from inception until the designation of hedge accounting
$
287
Amounts
                        offsetting changes in the AG43 reserve for the hedged item due to interest rate movements
(62)
Net losses from cumulative IRS sales after designation of hedge accounting
(1)
608
Net
                        receivable/payable interest accrued
(2)
Cumulative
                        amortization
(249)
Carrying value of IRS hedge adjustment
(2)
$
582
(1)
In 2017, the Company restruck a portion of its IRS portfolio that hedges variable annuity liabilities. The restrike
                          transaction included selling a portion of the Company's IRS portfolio to consolidate its net positions. As a result of the transaction, the net losses disclosed here were recorded within the IRS hedge adjustment in line with hedge
                          accounting treatment as discussed above.
(2)
The carrying value of the IRS hedge adjustment differs from that disclosed in Note 6 as the amount disclosed in Note 6
                          has been adjusted for IRS positions no longer held by the Company.
Effective January 1, 2020, the Company de-designated its previous hedging
                relationship under SSAP No. 86 and simultaneously designated the hedging relationship described above under SSAP No. 108. The remaining balance of the SSAP No. 86 hedge adjustment is recorded within Other liabilities on the Statutory
                Statements of Admitted Assets, Liabilities, and Capital and Surplus, and will be amortized over the life of the former hedge program. See further details below.
The table below illustrates the hedge adjustment
                calculation under SSAP No. 86:
Hedge adjustment
                        balance at January 01, 2020
582
Amount amortized into earnings at
                        December 31, 2020
(69)
Hedge adjustment
                        balance at December 31, 2020
$513
Effective January 1, 2020, the Company designated
                the hedging relationship described above under SSAP No. 108. The hedged item consists of a portion of the Company's variable annuity block of business minimum benefit guarantees that are sensitive to interest rate movement. The hedged
                portion of the block is determined on a monthly basis based on the percentage of the economic liability being hedged. The related hedging instrument is a portfolio of interest rate swap derivatives which follows a dynamic hedging strategy.
                Changes in interest rates impact the present value of the future product cash flows.
The Company will recognize a net deferred asset or
                liability within Other assets or Other liabilities, respectively, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus for fluctuations in fair value that do not offset the changes in the liability. The
                deferred asset or liability will then be amortized over the timeframe required under SSAP No. 108, paragraph 14, which is the Macaulay duration of guarantee benefit cash flows, capped at 10 years.
The hedge strategy is compliant with VM-21 Clearly Defined Hedge Strategy (CDHS)
                requirements and meets all the criteria to be defined as an effective hedge relationship as required by SSAP No. 108. The Company entered into this hedging relationship effective January 1, 2020; no changes in hedging strategy have occurred
                since inception. Hedge effectiveness is measured in accordance with SSAP No. 108 on a quarterly basis, both prospectively and retrospectively, and remains highly effective as of December 31, 2020.
17 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
In accordance with SSAP No. 108, an amount equal to the net deferred asset and
                deferred liability is allocated from Unassigned funds to Special surplus funds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. As of December 31, 2020, this balance was $1,844. The following table shows
                the deferred activity for the year ended December 31, 2020. The deferred balance as of January 1, 2020 represents the fair value of the IRS that were previously off balance sheet under SSAP No. 86.
Net
                        deferred balance as of January 1, 2020
$
1,435
Amortization
(214)
Additional

                        amounts deferred
623
Net deferred balance as of
                        December 31, 2020
$
1,844
The net deferred balance will amortize over the next 10 years, as
                shown below:
Amortization year
Deferred assets
Deferred liabilities
2021
$
(37)
$
244
2022
(37)
244
2023
(37)
244
2024
(38)
244
2025
(38)
244
2026
(38)
243
2027
(38)
243
2028
(38)
243
2029
(38)
243
2030
(34)
$
25
Total
$
(373)
$
2,217
The company did not have other changes related to open derivatives
                removed from SSAP No. 86 and captured in Scope of SSAP No. 108 for the year ended December 31, 2020. As of December 31, 2020, the fair value changes available for application under SSAP No. 108 is $927.
The Company did not have any hedging strategies identified as no
                longer highly effective and did not terminate any hedging strategies during the year ended December 31, 2020.
Nonqualifying hedging
Futures and Options Contracts
The Company provides benefits through certain life
                and annuity products which are linked to the fluctuation of various market indices, and certain variable annuity contracts that provide minimum guaranteed benefits. The Company has analyzed the characteristics of these benefits and has
                entered into over-the-counter (OTC) option contracts, exchange-traded option (ETO) contracts, and exchange-traded futures contracts tied to an underlying index with similar characteristics with the objective to economically hedge these
                benefits. Management monitors in-force amounts as well as option and futures contract values to ensure satisfactory matching and to identify unsatisfactory mismatches. If actual persistency deviated, management would purchase or sell option
                and futures contracts as deemed appropriate or take other actions.
The OTC option contracts and ETO contracts are
                reported at fair value in Derivative assets and Derivative liabilities on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The fair value of the OTC options is derived internally and deemed by management to
                be reasonable via
18 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
performing an IPV process. The process of deriving
                internal derivative prices requires the Company to calibrate Monte Carlo scenarios to actual market information. The calibrated scenarios are applied to derivative cash flow models to calculate fair value prices for the derivatives. The
                fair value of the ETO contacts is based on quoted market prices. Incremental gains and losses from expiring options are included in Net realized capital gain (loss) on the Statutory Statements of Operations. The liability for the related
                policyholder benefits is reported in Life policies and annuity contracts on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The unrealized gain or loss on open OTC option contracts is recognized as a
                direct adjustment to Unassigned surplus within the Statutory Statements of Capital and Surplus. Any unrealized gains or losses on open OTC option contracts are recognized as realized when the contracts mature (see Note 5 for further
                discussion).
Futures contracts do not require an initial cash
                outlay, and the Company has agreed to daily net settlement based on movements of the representative index. Therefore, no asset or liability is recorded as of the end of the reporting period. A derivative asset or liability and an offsetting
                variation margin payable or receivable is recorded in Derivative assets or Derivative liabilities in the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus for the outstanding unpaid variation margin representing
                market movements on the last trading day of the year.
Gains and losses are not considered realized until
                the termination or expiration of the futures contract. Unrealized gains and losses on futures contracts are reflected in the Statutory Statements of Capital and Surplus in Unassigned surplus, within Change in unrealized capital gains
                (loss). Realized gains and losses on futures contracts are included in the Statutory Statements of Operations, Net realized capital gain (loss), net of taxes and interest maintenance reserve.
In 2018, NAIC SAP issued an update to SSAP No. 86
                clarifying treatment of futures gains and losses, see Note 3.
Interest Rate Swaps, Credit
                Default Swaps, Total Return Swaps, and To Be Announced Securities
The Company utilizes IRS, credit default swaps
                (CDS), total return swaps (TRS), and To Be Announced (TBA) securities to economically hedge market risks embedded in certain life and annuity products. The IRS, CDS, TRS and TBA securities are reported at fair value in Derivative assets or
                Derivative liabilities on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The fair value of the IRS, CDS, and TBA securities are derived using a third-party vendor software program and deemed by management
                to be reasonable. Centrally cleared IRS fair values are obtained from the exchange on which they are traded. The fair value of the TRS is based on counterparty pricing and deemed by management to be reasonable. Changes in unrealized gains
                and losses on the swaps are recorded as a direct adjustment to Unassigned surplus within the Statutory Statements of Capital and Surplus. Gains and losses on exchange cleared IRS are recorded as unrealized until the contracts mature or are
                disposed at which time they are recorded as realized, subject to offset by IMR.
(l)    Corporate-Owned Life Insurance
Corporate-owned life insurance (COLI) is recognized
                initially as the amount of premiums paid. Subsequent measurement of the contract is based upon the amount that could be realized assuming the surrender of an individual-life policy (or certificate in a group policy), otherwise known as the
                cash surrender value (CSV), in accordance with SSAP No. 21 –
Other Admitted Assets
(SSAP No. 21). Changes in CSV resulting from subsequent measurement of the contract are recognized as a component of Other income on
                the Statutory Statements of Operations. The Company's COLI policies are reported in Other assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
(m)    Borrowed Money
The Company is a member of the FHLB of Des Moines,
                primarily for the purpose of participating in the FHLB's mortgage collateralized loan advance program with short-term and long-term funding facilities. Members are required to purchase and hold a minimum amount of FHLB capital stock plus
                additional stock
19 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
based on outstanding advances. Through its
                membership, the Company has issued debt to the FHLB in exchange for cash advances. It is part of the Company's strategy to utilize funds borrowed from the FHLB for operations and strategic initiatives. The Company's current borrowings are
                not subject to prepayment obligations.
Funds obtained from the FHLB and accrued interest
                are included within Borrowed money within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus in accordance with SSAP No. 15 –
Debt and Holding Company Obligations
. The collateral pledged to
                FHLB is reported as admitted assets within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus in accordance with admissibility testing under SSAP No. 30 –
Unaffiliated Common Stock
.
(n)    Income Taxes
The Company and its subsidiaries file a
                consolidated federal income tax return with AZOA and all of its wholly-owned subsidiaries. The consolidated tax allocation agreement stipulates that each company participating in the return will bear its share of the tax liability pursuant
                to certain tax allocation elections under the Internal Revenue Code (IRC) and its related regulations and reimbursement will be in accordance with an intercompany tax reimbursement arrangement. The Company, and its insurance subsidiaries,
                generally will be paid for the tax benefit of any of their tax attributes used by any member of the consolidated group.
The Company provides for federal income taxes based
                on amounts the Company believes it ultimately will owe. Inherent in the provision for federal income taxes are estimates regarding the deductibility of certain items and the realization of certain tax credits. In the event the ultimate
                deductibility of certain items or the realization of certain tax credits differs from estimates, the Company may be required to significantly change the provision for federal income taxes recorded in the Statutory Statements of Admitted
                Assets, Liabilities, and Capital and Surplus. Any such change could significantly affect the amounts reported in the Statutory Statements of Operations. Management uses best estimates to establish reserves based on current facts and
                circumstances regarding tax exposure items where the ultimate deductibility is open to interpretation. Quarterly, management evaluates the appropriateness of such reserves based on any new developments specific to their fact patterns.
                Information considered includes results of completed tax examinations, Technical Advice Memorandums, and other rulings issued by the Internal Revenue Service or the tax courts.
The Company utilizes the asset and liability method
                of accounting for income taxes. DTAs and deferred tax liabilities (DTLs), net of the nonadmitted portion are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing
                assets and liabilities and their respective tax bases. Gross DTAs and DTLs are measured using enacted tax rates and are considered for admitted tax asset status according to the admissibility test as set forth by the NAIC. Changes in DTAs
                and DTLs, including changes attributable to changes in tax rates, are recognized as a component of Unassigned surplus on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
(o)
Separate Accounts
Separate account assets and liabilities are
                primarily funds held for the exclusive benefit of variable and variable-indexed annuity contract holders for which investment income and investment gains and losses accrue directly to and the investment risk is borne by contract holders.
                Separate account assets are reported at fair value in accordance with SSAP No. 56 –
Separate Accounts
(SSAP No. 56), with the exception of certain bonds, cash, cash equivalents, and investment income due and accrued. Certain assets that
                are allocated to the index options for the Allianz Index Advantage Variable Annuity (VIA) are invested in bonds, cash, cash equivalents, and investment income due and accrued, and carried at amortized cost in accordance with the product
                filing requirements in the state of Minnesota.
Amounts due from separate accounts primarily represent the difference between the
                surrender value of the contracts and the Separate account liability as disclosed on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. This receivable represents the surrender fee that would be paid to the
                Company upon the surrender of the policy or contract by the policyholder or contract holder as of December 31. Amounts charged to the contract holders for mortality and contract maintenance, and other
20 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
administrative services fees are included in income within Fees from separate
                accounts on the Statutory Statements of Operations. These fees have been earned and assessed against contract holders on a daily or monthly basis throughout the contract period and are recognized as revenue when assessed and earned.
                Transfers to (from) separate accounts within the Statutory Statements of Operations primarily includes transfers for new premium and annuity considerations, benefit payments, surrender charge wear-off, realized and unrealized investment
                gains/losses, investment income, and other contractholder behavior.
(p)
Receivables
Receivable balances approximate estimated fair
                values. This is based on pertinent information available to management as of year-end, including the financial condition and creditworthiness of the parties underlying the receivables. Any balances outstanding more than 90 days are
                nonadmitted on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
(q)    Reclassifications
Prior year balances have not been reclassified to
                conform to the current year presentation.
(3)
Accounting Changes and Corrections of Errors
Accounting Changes
Adoption of VM-21
                Principle-Based Reserving Methodology for Variable Annuities
Effective January 1, 2020, the Company adopted
                VM-21, as the effective guidance under which the Company's variable and variable-indexed annuities reserves are calculated. Previously, the Company calculated these reserves using guidance found in AG43. VM-21 applies to business issued on
                or after January 1, 2017. Under VM-21, during 2017, 2018, and 2019, the Company elected to combine contracts subject to AG43 and VM-21 for purposes of calculating reserves. In 2019, the NAIC adopted revisions to both AG43 and VM-21,
                effective January 1, 2020. The implementation of the 2019 revisions on January 1, 2020 resulted in a pre-tax increase of $1 to Policyholder liabilities for Life policies and annuity contracts within the Statutory Statements of Admitted
                Assets, Liabilities, and Capital and Surplus and the corresponding decrease to surplus for the same amount is recorded through Change in reserve on account of change in valuation basis within the Statutory Statements of Capital and Surplus.
                The 2019 amendments allow an optional phase-in of the increase which the Company did not elect.
Change in Reserves on Account of Change in
                Valuation Basis
In 2018, the Company changed its valuation basis
                for certain fixed index annuities with guaranteed lifetime withdrawal benefit (GLWB) streams to utilize Type A rates for when GLWB streams extend into the account value equals zero phase. Previously the Company utilized a combination of
                Type A and Type C rates for this benefit stream. The prior period impacts related to this change were recorded in 2018 and resulted in a pre-tax decrease of $342 to Policyholder liabilities for Life policies and annuity contracts within the
                Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The corresponding increase to surplus for the same amount is recorded in Change in reserve on account of change in valuation basis within the Statutory
                Statements of Capital and Surplus.
Attained Age Based Income
                Payment Rate Methodology
In 2018, the Company changed its methodology
                applied to calculate reserves for attained age-based income payment rates for income policies that have not yet elected payments. The previous methodology calculated reserves for attained age payment rates coinciding with the current policy
                year and number of years of deferral. The Company changed its methodology to reflect the current benefit available to the policyholder by utilizing the attained age and policy years of deferral coinciding with the next anniversary. Impacts
                related to prior periods were recorded in 2018 and resulted in a pre-tax increase of $147 to Policyholder liabilities for Life policies and annuity contracts within the Statutory Statements of Admitted Assets, Liabilities, and Capital and
                Surplus. The corresponding decrease to surplus of $117 is recorded in Change in accounting principle, net of tax within the Statutory Statements of Capital and Surplus.
Variable-Indexed Annuity Basic
                Adjusted Reserve Calculation
21 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
In 2018, the Company changed its methodology used
                to calculate the Basic Adjusted Reserve for variable-indexed annuities to utilize the guaranteed cap instead of the projected index option. The prior period impacts of the methodology change were recorded in 2018 and resulted in a pre-tax
                decrease of $39 to Policyholder liabilities for Life policies and annuity contracts within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The corresponding increase to surplus of $31 is recorded in Change
                in accounting principle, net of tax within the Statutory Statements of Capital and Surplus.
Recently Issued Accounting Standards – Adopted in
                2020
Effective January 1, 2020, the Company adopted SSAP
                No. 108, the standard establishes statutory accounting principles to address certain limited derivative transactions hedging variable annuity guarantees subject to fluctuations as a result of interest rate sensitivity. The Company added all
                applicable new disclosures required by the standard; see Note 2(k) for further information. There were no impacts to net income or surplus during the year ended December 31, 2020, as a result of this adoption.
In 2016, the NAIC adopted revisions to SSAP No.
                51R, Life Contracts and SSAP No. 54, Individual and Group Accident and Health Contracts, Issue Paper No. 154, Implementation of Principles-Based Reserving. These revisions relate to the adoption of the Valuation Manual and provides for
                principle-based reserving for Life and Heath contracts, and are effective January 1, 2017. The Valuation Manual provides the following revisions: 1) VM-20, Requirements for Principle-Based Reserves, for Life Products, includes an optional
                three-year deferral. The Company elected the deferral and adopted this update effective January 1, 2020. It applies to business issued on or after this date. 2) VM-21, see details disclosed above. 3) VM-22, Statutory Maximum Valuation
                Interest Rates for Income Annuities, was effective January 1, 2018. It applies to annuitizations on contracts issued on or after that date. Because most annuitizations occur years after a contract has been issued, its impact on net income
                and surplus has not been material. 4.) VM-25, Health Insurance Reserves Minimum Requirements, and VM-26, Credit Life and Disability Reserve Requirements, are not applicable as the Company does not issue these contracts.
In August 2019, the NAIC adopted SSAP No. 22R,
                Leases. This revised standard is a substantive revision, reorganization, and clarification of SSAP 22. It adopts much of the language of US GAAP ASU 2016-02, Leases, but retains operating lease accounting for Statutory accounting. It was
                effective January 1, 2020, with early adoption permitted. The Company adopted these revisions effective January 1, 2020. There was no impact on net income or surplus during the year ended December 31, 2020, as a result of adopting the
                revisions.
In March 2020, the NAIC adopted INT 20-01,
                Reference Rate Reform. The interpretation adopted the optional guidance outlined in Accounting Standards Update (ASU) 2020-04, Reference Rate Reform, for a limited period of time to ease the potential burden on accounting for reference rate
                reform. The practical expedients outlined in the interpretation are for modifications solely related to reference rate reform and optionally suspends assessments for re-measuring a contract and dedesignating a hedge relationship. This
                interpretation is effective on the date of adoption and expires on December 31, 2022. The Company adopted the optional guidance in this interpretation effective March 12, 2020. As of December 31, 2020, the Company has not made any
                modifications to financial assets or liabilities as a result of reference rate reform.
In May 2020, the NAIC adopted revisions to SSAP No.
                26R, Bonds, which provides clarifying guidance when assessing other than temporary impairments (OTTI) for debt instruments that have been previously modified pursuant to SSAP No. 36, Troubled Debt Restructuring, or SSAP No. 103R, Transfers
                and Servicing of Financial Assets and Extinguishments of Liabilities. The revisions to SSAP No. 26R state subsequent OTTI assessments for debt instruments modified under SSAP No. 36 or SSAP No 103 will be based on the modified contractual
                terms and not revert back to the original acquisition terms. These revisions were effective May 20, 2020 and were subsequently adopted by the Company. There was no impact on net income or surplus during the year ended December 31, 2020, as
                a result of adopting the revisions.
In April, May, June, and August 2020, the NAIC
                adopted the following interpretations (INT) in response to the COVID-19 pandemic:
•
INT 2020-02, Extension of the 90-Day Rule for the Impact of COVID-19, extends a one-time optional extension of the nonadmission
                assessment guidance for premiums and similar receivables due from
22 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
policyholders or agents. For receivables that were
                current prior to the beginning of the declaration of a state of emergency by the U.S. federal government on March 13, 2020 or originated on or after March 13, 2020, insurers may continue to admit assets greater than 90 days past due. This
                INT is applicable for the March 31, 2020, June 30, 2020, and September 30, 2020 financial statements and expired on December 30, 2020. This INT did not have an impact to the Company.
•
INT 2020-03, Troubled Debt Restructuring Due to COVID-19, follows the inter-agency COVID-19 guidance issued by the federal and
                state prudential banking regulators (and concurred by the Financial Accounting Standards Board) and the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Specifically, a modification of a mortgage loan or bank loan terms does not
                result in troubled debt restructuring as long as the modification is in response to COVID-19, the borrower was current at the time of the modification, and the modification is short-term. In addition, insurers are not required to designate
                mortgage loans or bank loans with deferrals granted due to COVID-19 as past due or report them as nonaccrual loans. This INT is effective for the period beginning March 1, 2020 and originally expired on December 31, 2020. In January 2021,
                the provisions in this INT were extended updating the effective period to be the earlier of January 1, 2022 or the date that is 60 days after the date on which the national emergency declared by the President terminates. The Company
                implemented a loan modification program that adhered to the requirements outlined in the INT for investments in commercial and residential mortgage loans.
•
INT 2020-04, Mortgage Loan Impairment Assessment Due to COVID-19, defers the impairment assessment for bank loans, mortgage
                loans, and investments which predominantly hold underlying mortgage loans and are impacted by forbearance or modifications in response to COVID-19. This INT was applicable for the March 31, 2020, June 30, 2020, and September 30, 2020
                financial statements and expired on December 30, 2020. This INT did not have a material impact to the Company.
•
INT 2020-05, Investment Income Due and Accrued. This INT provides temporary relief guidance for assessing the collectability of
                interest income, admissibility relief of accrued investment income 90 days past due, and clarifies how interest income should be recognized during a payment holiday. This INT is applicable for the June 30, 2020, and September 30, 2020
                financial statements and expired on December 30, 2020. This INT did not have a material impact to the Company.
•
INT 2020-06, Participation in the 2020 TALF Program. This INT provides guidance for reporting Term Asset-Backed Securities
                Lending Facility (TALF) loans for the duration of the 2020 TALF program. This INT did not impact the Company as the Company did not participate in this program.
•
INT 2020-07, Troubled Debt Restructuring of Certain Debt Investments Due to COVID-19. This INT provides temporary guidance by
                allowing practical expedients when assessing whether modifications made to debt securities (under SSAP No. 26R and SSAP No. 43R) due to COVID-19 are insignificant. Specifically, the guidance proposes restructurings in response to COVID-19
                are considered to be insignificant if the restructuring results in a 10% or less shortfall amount in the contractual amount due and does not extend the maturity of the investment by more than 3 years. This INT was effective for the period
                beginning March 1, 2020 and originally expired on December 31, 2020. In January 2021, the provisions in this INT were extended updating the effective period to be the earlier of January 1, 2022 or the date that is 60 days after the date on
                which the national emergency declared by the President terminates. This INT did not have a material impact to the Company.
•
INT 2020-08, COVID-19 Premium Refunds, Rate Reductions and Policyholder Dividends. This INT provides guidance for returns or
                benefits to policyholders. This INT did not impact the Company.
These INTs have an immaterial effect on the
                financial statements as of December 31, 2020. The Company will continue to monitor these INTs and assess impacts until they are nullified.
In July 2020, the NAIC adopted INT 20-09, Basis
                Swaps as a Result of the LIBOR Transition, to address the statutory accounting and reporting requirements for basis swaps issued by central clearing parties solely in response to the market-wide transaction away from the London Interbank
                Offered Rate (LIBOR) and toward the Secured Oversight Financing Rate (SOFR). This INT allows basis swaps issued solely in response to reference rate reform to
23 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
be classified as derivatives used for "hedging" and
                reported as admitted assets in the statutory financial statements. The INT is effective July 30, 2020 and was subsequently adopted by the Company. There was no impact on net income or surplus during the year ended December 31, 2020, as a
                result of adopting the INT.
In November 2020, the NAIC adopted revisions to
                SSAP No. 43R, Loan-Backed and Structured Securities. The revisions reflect the updated NAIC designation category for residential and commercial mortgage-backed securities that utilize the financial modeling guidance. The revisions were
                effective November 12, 2020 and were subsequently adopted by the Company. There was no impact on net income or surplus during the year ended December 31, 2020, as a result of adopting the INT.
Recently Issued Accounting Standards – Adopted in
                2019
In August 2019, the NAIC adopted revisions to SSAP
                No. 43R, Loan-Backed and Structured Securities. These revisions clarify that when a security has different NAIC designations by lot, the reporting entity shall either report the entire investment in a single reporting line at the lowest
                NAIC designation that would apply to a lot, or report the investment separately by purchase lot in the investment schedule. This update only affects investments with multiple lots at different ratings and would not require the entire
                schedule to be disclosed at a lot level. These revisions are effective as of September 30, 2019. There was no impact to net income or surplus during the year ended December 31, 2019, as a result of adopting the revised standard.
Recently Issued Accounting
                Standards – Adopted in 2018
In 2017, the NAIC adopted revisions to SSAP No. 69,
                Statement of Cash Flow, by adopting ASU 2016-15, Classification of Certain Cash Receipts and Cash Payments, in its entirety. The revisions provide guidance on the classification of eight different subject matter topics including: 1) Debt
                prepayment or debt extinguishment costs, 2) Settlement of zero-coupon debt instruments or other debt instruments with coupon interest rates that are insignificant in relation to the effective interest rate of the borrowing, 3) Contingent
                consideration payments made after a business combination, 4) Proceeds from the settlement of insurance claims, 5) Proceeds from the settlement of corporate-owned life insurance policies, including bank-owned life insurance policies, 6)
                Distributions received from equity method investors, 7) Beneficial interests in securitization transactions, and 8) Separately identifiable cash flows and application of the predominance principle. The revisions are effective for fiscal
                years beginning after December 15, 2017, including interim periods within those fiscal years. The Company elected to apply the cumulative earnings approach in recording distributions from equity method investments in the statements of cash
                flow upon adoption of the revisions. There was no impact to net income or surplus during the year ended December 31, 2018 as a result of adopting the revisions.
In 2017, the NAIC adopted revisions to SSAP No. 86.
                These revisions clarify that variation margin changes should not be recognized as "settlement" until the derivative contract has terminated and instead should be recognized as an adjustment to the carrying value of the derivative contract
                as a separate asset or liability. The revisions are effective January 1, 2018 with prospective application. Upon adoption, the Company reflected a prospective change in variation margin for all futures contracts as unrealized until sale,
                maturity, or expiration, resulting in a pre-tax decrease of $8 to net income and no impact to surplus for the year ended December 31, 2018.
Recently Issued Accounting Standards – To Be
                Adopted
Not applicable.
Corrections of Errors
The Company records correction of errors in
                accordance with SSAP No. 3 –
Accounting Changes and Correction of Errors
(SSAP No. 3). SSAP No. 3 prescribes that the correction of errors in previously issued Statutory Financial Statements will be reported as an
                adjustment to capital and surplus in the period the error is detected. These errors are shown within Correction of errors, net of tax, on the Statutory Statements of Capital and Surplus. During the years ended December 31, 2020, 2019, and
                2018, there were no Corrections of errors recorded on the Statutory Statements of Capital and Surplus.
24 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(4)
Risk Disclosures
The following is a description of the significant
                risks facing the Company and how it attempts to mitigate those risks:
(a)
Credit Risk
Credit risk is the risk that issuers of
                fixed-income securities, borrowers of mortgages on commercial real estate, or other parties with whom the Company has transactions, such as reinsurers and derivative counterparties, default on their contractual obligations, resulting in
                unexpected credit losses.
The Company mitigates this risk by adhering to
                investment policies and limits that provide portfolio diversification on an asset class, asset quality, creditor, and geographical basis, and by complying with investment limitations from applicable state insurance laws and regulations. The
                Company considers all relevant objective information available in estimating the cash flows related to structured securities. The Company actively monitors and manages exposures, and determines whether any securities are impaired. The
                aggregate credit risk is influenced by management's risk/return preferences, the economic and credit environment, and the ability to manage this risk through liability portfolio management.
For derivative counterparties, the Company
                mitigates credit risk by tracking and limiting exposure to each counterparty through limits that are reported regularly and, once breached, restricts further trades; establishing relationships with counterparties rated BBB+ and higher; and
                monitoring the CDS of each counterparty as an early warning signal to cease trading when credit default swap spreads imply severe impairment in credit quality.
The Company executes Credit Support Annexes (CSA)
                with all active and new counterparties which further limits credit risk by requiring counterparties to post collateral to a segregated account to cover any counterparty exposure. Additionally most transactions are cleared through a
                clearinghouse thereby transferring counterparty risk from the bank to the clearinghouse that tends to have stronger credit. This often leads to increased collateralization and lower counterparty risk for the Company.
(b)    Credit Concentration Risk
Credit concentration risk is the risk of increased
                exposure to significant asset defaults (of a single security issuer); economic conditions (if business is concentrated in a certain industry sector or geographic area); or adverse regulatory or court decisions (if concentrated in a single
                jurisdiction) affecting credit.
The Company's Finance Committee, responsible for
                asset/liability management (ALM) issues, recommends an investment policy to the Company's Board of Directors (BOD) and approves the strategic asset allocation and accompanying investment mandates for an asset manager with respect to asset
                class. The investment policy and accompanying investment mandates specify asset allocation among major asset classes and the degree of asset manager flexibility for each asset class. The investment policy complies, at a minimum, with state
                statutes. Compliance with the policy is monitored by the Finance Committee who is responsible for implementing internal controls and procedures. Deviations from the policy are monitored and addressed. The Finance Committee and,
                subsequently, the BOD review the investment policy at least annually.
To further mitigate this risk, internal
                concentration limits based on credit rating and sector are established and are monitored regularly. Any ultimate obligor group exceeding these limits is placed on a restricted list to prevent further purchases, and the excess exposure may
                be actively sold down to comply with concentration limit guidelines. Any exceptions require Chief Risk Officer approval and monitoring by the Risk Committee. Further, the Company performs a quarterly concentration risk calculation to ensure
                compliance with the State of Minnesota insurance regulations.
(c)    Liquidity Risk
Liquidity risk is the risk that unexpected timing
                or amounts of cash needed will require liquidation of assets in a market that will result in a realized loss or an inability to sell certain classes of assets such that an insurer will be unable to meet its obligations and contractual
                guarantees. Liquidity risk also includes the risk that in the event of a company liquidity crisis, refinancing is only possible at higher interest rates. Liquidity risk can be
25 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
affected by the maturity of liabilities, the
                presence of withdrawal penalties, the breadth of funding sources, and terms of funding sources. It can also be affected by counterparty collateral triggers as well as whether anticipated liquidity sources, such as credit agreements, are
                cancelable.
The Company manages liquidity within four specific
                domains: (1) monitoring product development, product management, business operations, and the investment portfolio; (2) setting ALM strategies; (3) managing the cash requirements stemming from the Company's derivative dynamic economic
                hedging activities; and (4) establishing liquidity facilities to provide additional liquidity. The Company has established liquidity risk limits, which are approved by the Company's Risk Committee, and the Company monitors its liquidity
                risk regularly. The Company also sets target levels for the liquid securities in its investment portfolio.
(d)    Interest Rate Risk
Interest rate risk is the risk that movements in
                interest rates or interest rate volatility will cause a decrease in the value of an insurer's assets relative to the value of its liabilities and/or an unfavorable change in prepayment activity resulting in compressed interest margins.
The Company has an ALM strategy to align cash flows
                and duration of the investment portfolio with policyholder liability cash flows and duration. The Company further limits interest rate risk on variable annuity guarantees through interest rate hedges. The Company monitors the economic and
                accounting impacts of interest rate sensitivities on assets and liabilities regularly.
(e)    Equity Market Risk
Equity market risk is the risk that movements in
                equity prices or equity volatility will cause a decrease in the value of an insurer's assets relative to the value of its liabilities.
The policy value of the fixed-indexed universal
                life, fixed-indexed annuity, and variable-indexed annuity products is generally linked to equity market indices. The Company economically hedges this exposure with derivatives.
Variable annuity products guarantee minimum
                payments regardless of market movements. The Company has adopted an economic hedging program to manage the equity risk of these products.
The Company monitors the impacts of equity
                sensitivities on assets and liabilities regularly.
Basis risk is the risk that variable annuity hedge
                asset values change unexpectedly relative to the value of the underlying separate account funds of the variable annuity contracts. Basis risk may arise from the Company's inability to directly hedge the underlying investment options of the
                variable annuity contracts. The Company regularly reviews and synchronizes fund mappings, product design features, hedge design, and manages funds line-up.
(f)    Operational Risk
Operational risk is the risk of loss resulting from
                inadequate or failed internal processes and systems, from human misbehavior or error, or from external events. Operational risk is comprised of the following seven risk categories: (1) external fraud; (2) internal fraud; (3) employment
                practices and workplace safety; (4) clients/third-party, products and business practices; (5) damage to physical assets; (6) business disruption and system failure; and (7) execution, delivery, and process management. Operational risk is
                comprehensively managed through a combination of core qualitative and quantitative activities.
The Operational Risk Management framework includes
                the following key activities: (1) an Operational Risk Capital Model covering all material types of operational risks, under which the Company quantifies and regularly monitors operational risk; (2) loss data capture to create transparency
                and gather information about losses that meet a designated threshold. Business owners are required to identify and resolve the root cause of operational loss events; and (3) an integrated risk and control system, a bottom-up risk assessment
                process for significant operational risk scenarios, to proactively manage significant operational risk scenarios throughout the organization.
26 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(g)    Regulatory Change Risk
Regulatory change risk is the risk that regulatory
                changes and imposed regulation may materially impact the Company's business model, sales levels, company financials and ability to effectively comply with regulations.
The Company actively monitors all regulatory
                changes and participates in national and international discussions relating to legal, regulatory, and accounting changes. The Company maintains active membership with various professional and industry trade organizations. A formal process
                exists to review, analyze, and implement new legislation as it is enacted.
(h)    Rating Agency Risk
Rating agency risk is the risk that rating agencies
                change their outlook or rating of the Company or a subsidiary of the Company. The rating agencies generally utilize proprietary capital adequacy models in the process of establishing ratings for the Company. The Company is at risk of
                changes in these models and the impact that changes in the underlying business that it is engaged in can have on such models. To mitigate this risk, the Company maintains regular communications with the rating agencies and evaluates the
                impact of significant transactions on such capital adequacy models and considers the same in the design of transactions to minimize the adverse impact of this risk. Rating agency capital is calculated and analyzed at least annually. Rating
                agency risk is also addressed in the TRA process and on an ad hoc basis as necessary.
(i)
Mortality/Longevity
                Risk
Mortality/longevity risk is the risk that mortality
                experience is different than the life expectancy assumptions used by the Company to price its products.
The Company mitigates mortality risk primarily
                through reinsurance, whereby the Company cedes a significant portion of its mortality risk to third parties. The Company also manages mortality risk through the underwriting process. Both mortality and longevity risks are managed through
                the review of life expectancy assumptions and experience in conjunction with active product management.
(j)    Lapse Risk
Lapse risk is the risk that actual lapse
                experience evolves differently than the assumptions used for pricing and valuation exercises leading to a significant loss in Company value and/or income.
The Company mitigates this risk by performing
                sensitivity analysis at the time of pricing to affect product design, adding Market Value Adjustments and surrender charges when appropriate, regular ALM analysis, and exercising management levers at issue, as well as post-issue as
                experience evolves. Policyholder experience is monitored regularly.
(k)    Cyber Security Risk
Cyber security risk is the risk of losses due to
                external and/or internal attacks impacting the confidentiality, integrity, and/or availability of key systems, data, and processes reliant on digital technology. The Company has implemented preventative, detective, response, and recovery
                measures including firewalls, intrusion detection and prevention, advanced malware detection, spyware and anti-virus software, email protection, network and laptop encryption, web content filtering, web application firewalls, and regular
                scanning of all servers and network devices to identify vulnerabilities. Controls are implemented to prevent and review unauthorized access.
(l)    Reinsurance Risk
Reinsurance risk is the risk that reinsurance
                companies default on their obligation where the Company has ceded a portion of its insurance risk. The Company uses reinsurance to limit its risk exposure to certain business lines and to enable better capital management.
Reinsurance contracts do not relieve the Company
                from its obligations to policyholders. Failure of reinsurers to honor their obligations could result in losses to the Company.
27 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
The Company mitigates this risk by requiring
                certain counterparties to meet thresholds related to the counterparty's credit rating, exposure, or other factors. If the thresholds are not met by those counterparties, they are required to establish a trust or letter of credit backed by
                assets meeting certain quality criteria. All arrangements are regularly monitored to determine whether trusts or letters of credit are sufficient to support the ceded liabilities and that their terms are being met. Also, the Company reviews
                the financial standings and ratings of its reinsurance counterparties and monitors concentrations of credit risk to minimize its exposure to significant losses from reinsurer insolvencies regularly.
28 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(5)
Investments
(a)    Bonds, Other Assets Receiving Bond Treatment, and Stocks
At December 31, the amortized cost, gross unrealized gains, gross
                unrealized losses, and fair values of investments, excluding investments in affiliates, are shown below:
2020
Amortized cost
Gross unrealized gains
Gross unrealized losses
Fair value
Bonds:
U.S.
                        government
$
3,318
300
10
3,608
Agencies not backed by the full faith and credit of the U.S.
                          government
3
1
—
4
States

                        and political subdivisions
9,536
2,335
2
11,869
Foreign

                        governments
1,138
125
2
1,261
Corporate

                        securities
70,975
12,730
90
83,615
Mortgage-backed

                        securities
14,126
1,232
9
15,349
Collateralized

                        debt obligations
17
12
—
29
Total

                        bonds
99,113
16,735
113
115,735
Common stocks
217
18
1
234
Preferred stocks
41
2
—
43
Total
$
99,371
16,755
114
116,012
2019
Amortized cost
Gross unrealized gains
Gross unrealized losses
Fair value
Bonds:
U.S.
                        government
$
3,014
123
8
3,129
Agencies not backed by the full faith and credit of the U.S.
                          government
3
—
—
3
States

                        and political subdivisions
9,722
1,486
3
11,205
Foreign

                        governments
777
54
1
830
Corporate

                        securities
70,048
7,385
68
77,365
Mortgage-backed

                        securities
15,313
612
16
15,909
Collateralized

                        debt obligations
16
13
—
29
Total

                        bonds
98,893
9,673
96
108,470
Common stocks
144
10
1
153
Preferred stocks
29
2
—
31
Total
$
99,066
9,685
97
108,654
At December 31, 2020, amortized cost differed from
                the carrying value of bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus due to NAIC-6 rates bonds where the market value was lower than amortized cost. The total unrealized losses recorded by the
                Company for these bonds was an insignificant amount as of December 31, 2020. At December 31, 2019, the Company did not have any NAIC-6 rated bonds for which amortized cost differed from carrying value.
The Company had NAIC-6 rated bonds with a statement
                value of $3 and $4 as of December 31, 2020 and 2019, respectively. There was no interest due on bonds in default, which was excluded from investment income due and accrued as of December 31, 2020 and 2019.
29 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
At December 31, 2020 and 2019, the Company had
                hybrid securities with a carrying value of $30 and $34, respectively.
As of December 31, 2020 and 2019, investments with
                a statement value of $23 and $30, respectively, were held on deposit with various insurance departments and in other trusts as required by statutory regulations.
The amortized cost and fair value of bonds and
                other assets receiving bond treatment reported in the statutory Annual Statement Schedule D Part 1A at December 31, 2020, by contractual maturity, are shown below:
Carrying
value
Fair value
Due in 1 year or
                        less
$
1,812
$
1,828
Due after 1 year
                        through 5 years
12,471
13,585
Due after 5
                        years through 10 years
20,310
23,149
Due after 10
                        years through 20 years
23,496
29,053
Due after 20
                        years
25,638
31,330
No maturity date
1,243
1,412
Mortgage-backed and other structured securities
14,143
15,378
Total
                        bonds and other assets receiving bond treatment
$
99,113
$
115,735
Expected maturities will differ from contractual
                maturities, because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.
Proceeds from sales of bonds includes sales,
                maturities, paydowns, and other redemptions of bonds and other assets receiving bond treatment. Proceeds from sales of bonds for the years ended December 31 are shown below:
2020
2019
2018
Proceeds from
                        sales
$
8,677
15,892
9,476
Gross gains
162
75
94
Gross losses
28
34
63
Proceeds from sales of common stocks for the years
                ended December 31 are shown below:
2020
2019
2018
Proceeds from
                        sales
$
147
111
172
Gross gains
3
2
5
Gross losses
2
2
—
Proceeds from sales of preferred stocks for the
                years ended December 31 are shown below:
2020
2019
2018
Proceeds from
                        sales
$
—
2
—
Gross gains
—
—
—
Gross losses
—
—
—
For the years ended December 31, 2020 and 2019,
                there were 138 and 93 CUSIPs sold, disposed, or otherwise redeemed as a result of a callable feature, respectively. The aggregate amount of investment income generated as a result of these transactions was $56 and $52 for 2020 and 2019,
                respectively.
The Company's bond portfolio includes
                mortgage-backed securities. Due to the high quality of these investments and the lack of subprime loans within the securities, the Company does not have a material exposure to subprime mortgages.
30 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(b)    Unrealized Investment Losses
To determine whether or not declines in fair value
                are other than temporary, the Company performs a quarterly review of its entire combined investment portfolio, including investments held by subsidiaries, using quoted market prices by third-party sources. For further discussion, see
                Notes 2 and 6.
Unrealized losses and the related fair value of
                investments held by the Company for the years ended December 31 are shown below:
2020
12 months or less
Greater than 12 months
Total
Fair value
Unrealized losses
Fair value
Unrealized losses
Fair value
Unrealized losses
Bonds:
U.S.
                        government
$
374
10
—
—
374
10
Agencies not backed by the full faith and credit of the U.S. government
—
—
—
—
—
—
Foreign

                        government
51
2
—
—
51
2
States
                        and political subdivisions
85
2
—
—
85
2
Corporate

                        securities
2,085
78
578
12
2,663
90
Mortgage-backed

                        securities
158
5
41
4
199
9
Total
                        bonds
2,753
97
619
16
3,372
113
Common stock
7
—
9
1
16
1
Total
                        temporarily impaired securities
$
2,760
97
628
17
3,388
114
2019
12 months or less
Greater than 12 months
Total
Fair value
Unrealized losses
Fair value
Unrealized losses
Fair value
Unrealized losses
Bonds:
U.S.
                        government
$
292
6
292
2
584
8
Agencies not backed by the full faith and credit of the U.S. government
—
—
—
—
—
—
Foreign

                        government
123
1
—
—
123
1
States
                        and political subdivisions
87
3
—
—
87
3
Corporate

                        securities
2,089
27
1,250
41
3,339
68
Mortgage-backed

                        securities
1,241
12
140
4
1,381
16
Total
                        bonds
3,832
49
1,682
47
5,514
96
Common stock
18
1
6
—
24
1
Total
                        temporarily impaired securities
$
3,850
50
1,688
47
5,538
97
As of December 31, 2020 and 2019, the number of
                investment holdings that were in an unrealized loss position was 472 and 548, respectively, for bonds, and 13 and 19, respectively, for common stocks.
As of December 31, 2020 and 2019, of the total
                amount of unrealized losses, $76, or 67.7%, and $80, or 83.2%, respectively, are related to unrealized losses on investment grade securities. Investment grade is defined as a security having an NAIC SVO credit rating of 1 or 2. Unrealized
                losses on securities are principally related to changes in interest rates or changes in sector spreads from the date of purchase. As contractual payments continue to be met, management continues to expect all contractual cash flows to be
                received and does not consider these investments to be other-than-temporarily impaired.
31 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(c)    Realized Investment Gains (Losses)
Net realized capital gains (losses) for the years
                ended December 31 are shown below:
2020
2019
2018
Bonds
$
(120)
13
(81)
Stocks
2
—
5
Mortgage Loans
(34)
—
—
Derivatives
202
1,062
(469)
Other
(1)
(2)
(1)
Total

                        realized capital gains (losses)
49
1,073
(546)
Income tax
                        benefit (expense) on net realized gains (losses)
—
11
(4)
Total

                        realized capital gains (losses), net of taxes
49
1,084
(550)
Net gains
                        (losses) transferred to IMR, net of taxes
(93)
31
(60)
Net
                        realized gains (losses), net of taxes and IMR
$
142
1,053
(490)
(d)    Net Investment Income
Major categories of net investment income for the
                years ended December 31 are shown below:
2020
2019
2018
Interest:
Bonds
$
4,189
4,319
4,090
Mortgage

                        loans on real estate
647
617
561
Policy

                        loans
12
11
11
Cash,

                        cash equivalents, and short-term investments
7
23
25
Dividends:
Stocks
7
7
7
Investment

                        in subsidiaries
50
67
70
Rental income on
                        real estate
20
13
12
Derivatives
(14)
(109)
(102)
Other
47
(7)
(8)
Gross

                        investment income
4,965
4,941
4,666
Investment
                        expenses
(138)
(146)
(126)
Net
                        investment income before amortization of IMR
4,827
4,795
4,540
Amortization of
                        IMR
37
44
53
Net
                        investment income
$
4,864
4,839
4,593
(e)    Mortgage Loans on Real Estate
The Company's investment in mortgage loans on real
                estate includes CMLs and RMLs at December 31, 2020 and 2019.
At December 31, 2020 and 2019, the Company's CML
                portfolio includes concentrations exceeding 10% for the following states:
2020
2019
Concentration Amount
Concentration %
Concentration Amount
Concentration %
California
$
3,356
22.6
%
$
3,364
24.5
%
32 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
The maximum lending rates for CMLs made during 2020
                and 2019 were 4.1% and 5.0%, respectively. The minimum lending rates for CMLs made during 2020 and 2019 were 2.2% and 2.8%, respectively. The maximum percentage of any one loan to the value of security at the time of the loan extension
                exclusive of insured, guaranteed or purchased money mortgages was 84.8% and 74.6% during 2020 and 2019, respectively.
At December 31, 2020 and 2019, the Company's RML
                portfolio includes concentrations exceeding 10% for the following states:
2020
2019
Concentration Amount
Concentration %
Concentration Amount
Concentration %
California
$
353
46.3
%
$
240
49.2 %
Florida
$
80
10.4
%
51
10.4 %
The maximum lending rates for RMLs made during 2020
                and 2019 was 8.3% and 9.1%. The minimum lending rates for RMLs made during 2020 and 2019 was 3.0% and 3.6%. The maximum percentage of any one loan to the value of security at the time of the loan extension exclusive of insured, guaranteed
                or purchased money mortgages for RMLs was 93.3% and 94.1% during 2020 and 2019.
As of December 31, 2020 and 2019, there were no
                taxes, assessments, or amounts advanced that were excluded from the mortgage loan investment total.
(1)    Age
                Analysis of Mortgage Loans
The following table presents an age analysis of the
                Company's mortgage loan investments as of December 31, 2020 and 2019 by type:
2020
2019
Residential
Commercial
Residential
Commercial
Current
$
693
14,813
481
13,728
30-59 Days Past
                        Due
17
—
—
—
60-89 Days Past
                        Due
2
—
1
—
90-179 Days Past
                        Due
4
—
7
—
180+ Days Past
                        Due
47
58
—
—
Total
$
763
14,871
489
13,728
For mortgage loans investments greater than 90 days
                past due and are still accruing interest, the recorded investment and interest accrued as of December 31, 2020 and 2019 is shown below by type:
2020
2019
Residential
Commercial
Residential
Commercial
Accruing
                        Interest 90-179 Days Past Due
Recorded

                        Investment
$
2
—
7
—
Interest

                        Accrued
—
—
—
—
Accruing
                        Interest 180+ Days Past Due
Recorded

                        Investment
—
—
—
—
Interest

                        Accrued
—
—
—
—
There were no mortgage loan investments for which
                interest was reduced as of December 31, 2020 and 2019.
As of December 31, 2020 and 2019 there were no RMLs
                in which the Company participated as a co-lender in a mortgage loan agreement. As of December 31, 2020 and 2019, for CML investments, the recorded investment for which the Company participated as a co-lender in a mortgage loan agreement was
                $1,979 and $1,649, respectively.
33 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(2) Impaired
                Mortgage Loans
For the years ended December 31, 2020, and 2019,
                the recorded investment in impaired CMLs was $25, and $3, respectively. These amounts also represent the average recorded investment in impaired mortgage loans for the year ended December 31, 2020, and 2019. There was no related allowance
                for credit losses on these investments and the Company did not participate as a co-lender in the related mortgage loan agreement. In addition, the impaired CMLs were not in nonaccrual status and no interest income recognized using a
                cash-basis method of accounting during the time that the loan was impaired. There was no recorded investment in impaired RMLs for the years ended December 31, 2020, and 2019.
There was $1 interest income recognized on impaired
                mortgage loans as of December 31, 2020 and $0 interest income recognized in 2019 and 2018. The Company recognizes interest income on its impaired mortgage loans upon receipt of payment.
There were no mortgage loans derecognized as a
                result of foreclosure as of December 31, 2020 and 2019.
(3) Credit Quality Indicators
The Company analyzes certain financing receivables
                for credit risk by using specific credit quality indicators. The Company has determined the loan-to-value ratio and the debt service coverage ratio are the most reliable indicators in analyzing the credit risk of its CML portfolio. The
                loan-to-value ratio is based on the Company's internal valuation methodologies, including discounted cash flow analysis and comparative sales, depending on the characteristics of the property being evaluated. The debt service coverage ratio
                analysis is normalized to reflect a 25 year amortization schedule.
The credit quality of CMLs as of December 31 is
                shown below:
Debt Service Coverage Ratios
2020:
Greater than 1.4x
1.2x – 1.4x
1.0x – 1.2x
Less than 1.0x
Total
Percent of
                        Total
Loan-to-value
                        ratios:
Less
                        than 50%
$
620
52
73
3,992
4,737
31.9
%
50% –
                        60%
359
132
770
4,477
5,738
38.6
%
60% –
                        70%
582
272
905
2,288
4,047
27.2
%
70% –
                        80%
35
102
163
—
300
2.0
%
80% –
                        90%
—
21
—
—
21
0.1
%
90% –
                        100%
—
—
—
—
—
—
%
Greater

                        than 100%
3
25
—
—
28
0.2
%
Total
$
1,599
604
1,911
10,757
14,871
100.0
%
Debt Service Coverage Ratios
2019:
Greater than 1.4x
1.2x – 1.4x
1.0x – 1.2x
Less than 1.0x
Total
Percent of
                        Total
Loan-to-value
                        ratios:
Less
                        than 50%
$
4,805
146
39
30
5,020
36.6
%
50% –
                        60%
3,805
651
2
142
4,600
33.5
%
60% –
                        70%
2,536
1,016
113
33
3,698
26.9
%
70% –
                        80%
157
107
16
36
316
2.3
%
80% –
                        90%
54
8
—
29
91
0.7
%
90% –
                        100%
—
—
—
—
—
—
%
Greater

                        than 100%
3
—
—
—
3
—
%
Total
$
11,360
1,928
170
270
13,728
100.0
%
34 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
The Company has determined the delinquency status
                and the loan-to-value ratio are the most reliable indicators in analyzing the credit risk of its RML portfolio. The loan-to-value ratio is based on the Company's internal valuation methodologies, including discounted cash flow analysis and
                comparative sales, depending on the characteristics of the property being evaluated.
The loan-to-value ratios of RMLs as of December 31 are shown below:
2020
2019
Total
Percent of Total
Total
Percent of Total
Loan-to-value ratios:
Below
                        70%
$
165
21.6
%
$
111
22.7
%
71% to 80%
381
49.9
%
178
36.4
%
81% to
                        90%
206
27.0
%
175
35.8
%
91% to 95%
12
1.6
%
25
5.1
%
Above
                        95%
—
—
%
—
—
%
Total
$
764
100.0
%
$
489
100.0
%
(f)    Loan-Backed Securities
SSAP No. 43R requires the bifurcation of impairment
                losses on loan-backed or structured securities into interest and noninterest-related portions. The noninterest portion is the difference between the present value of cash flows expected to be collected from the security and the amortized
                cost basis of the security. The interest portion is the difference between the present value of cash flows expected to be collected from the security and its fair value at the balance sheet date.
The Company had no loan-backed securities
                recognized in OTTI for the years ended December 31, 2020, 2019, and 2018.
(g)    Derivatives and Hedging Instruments
The Company uses exchange-traded and OTC derivative
                instruments as a risk management strategy to economically hedge its exposure to various market risks associated with both its products and operations. Derivative assets and liabilities that do not qualify for hedge accounting treatment are
                recorded at fair value in the Statutory Financial Statements using valuation techniques further discussed in Note 6.
The Company has derivative contracts with financing
                premium. The premium cost and fair value of derivative instruments with financing premium is shown below:
Undiscounted Future Premium Commitments
Derivative FV with Premium Commitments
Derivative FV Excluding Impact of
                        Future Settled Premiums
As of December
                        31, 2019
$
(8)
—
9
As of December
                        31, 2020
—
—
—
Derivatives held by the Company are designated as either a cash flow
                hedging instrument (cash flow hedge) or nonqualified hedging instrument (nonqualifying strategies).
(1) Cash Flow Hedges
Foreign Currency Swaps on Debt Securities
Foreign currency swaps have notional amounts and
                maturity dates equal and offsetting to the underlying debt securities and are determined to be highly effective as of December 31, 2020 and 2019.
35 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(2) Fair Value Hedges
Interest Rate Swaps on Variable Annuity Insurance
                Liabilities
IRS traded after June 2013 are centrally cleared
                through an exchange. For IRS traded prior to June 2013 the IRS exposure was netted with other OTC derivatives upon settlement and were subject to the rules of the International Swaps and Derivatives Association, Inc. agreements. The fair
                values of the collateral posted for OTC and exchange traded derivatives are discussed in the derivative collateral management section below.
Prior to January 1, 2020, the Company designated
                hedge accounting for these IRS as a cash flow hedge under SSAP No. 86. The amounts previously recorded under the SSAP No. 86 relationship continue to be deferred and amortized over the life of the former hedge program. Effective January 1,
                2020, the Company de-designated its previous hedging relationship under SSAP No. 86 and simultaneously designated the hedging relationship under SSAP No. 108 as a fair value hedge. The relationship is deemed to be highly effective at
                December 31, 2020.
(3) Nonqualifying Strategies
Futures and Options Contracts
OTC options and ETO are cleared through the Options
                Clearing Corporation, which operates under the jurisdiction of both the Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission. The fair values of the collateral posted for futures, OTC options, and ETO are
                discussed in the derivative collateral management section below.
Interest Rate Swaps
The Company can receive the fixed or variable rate;
                IRS are traded in varying maturities. The fair values of the collateral posted and variation margin for OTC and centrally cleared IRS are discussed in the derivative collateral management section below.
Credit Default Swaps
The CDS within the investment portfolios assume
                credit risk from a single entity or referenced index for the purpose of synthetically replicating investment transactions. The Company can be required to pay or be the net receiver on the contract depending on the net position. Credit
                events include bankruptcy of the reference and failure to pay by the reference. The notional amount is equal to the maximum potential future loss amount. The fair value of the collateral posted for centrally cleared CDS is discussed in the
                derivative collateral management section below.
Total Return Swaps
The Company engages in the use of OTC TRS,
which allow the parties to exchange cash flows based on a variable reference rate such as the three-month
                LIBOR and the return of an underlying index.
The fair value of the collateral posted for OTC TRS is discussed in the
                derivative collateral management section below.
To Be Announced Securities
The Company uses OTC TBA forward contracts to gain
                exposure to the investment risk and return of mortgage-backed securities. Typically, the price is agreed upon at the time of the contract and payment for such a contract is made at a specified future date. The fair value of the collateral
                posted for OTC TBA securities is discussed in the derivative collateral management section below.
36 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
The following table presents a summary of the
                aggregate notional amounts and fair values of the Company's derivative instruments reported on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus as of December 31:
2020
2019
Gross Fair Value
Gross Fair Value
Notional
(1)
Assets
Liabilities
Notional
(1)
Assets
Liabilities
Cash flow hedging
                        instruments
Foreign currency
                        swaps
$
1,341
56
(76)
1,271
92
(16)
IRS
(2)
—
—
—
3,491
—
—
Total
                        cash flow hedging instruments
$
56
(76)
92
(16)
Fair value
                        hedging instruments
IRS
$
2,709
472
(40)
—
—
—
Total
                        fair value hedging instruments
$
472
(40)
$
—
—
Nonqualifying
                        hedging instruments
OTC options
$
51,430
3,433
(3,013)
87,987
2,257
(1,958)
ETO
15,224
136
(96)
8,151
31
(41)
TBA securities
1,331
1
(1)
1,331
—
(1)
IRS
2,631
9
(18)
1,049
10
(20)
Futures
19,312
—
—
26,776
—
—
TRS
11,653
7
(18)
8,148
1
(13)
Total
                        nonqualifying hedging instruments
3,586
(3,146)
2,299
(2,033)
Total
                        derivative instruments
$
4,114
(3,262)
2,391
(2,049)
(1)
Notional amounts are presented on an absolute basis.
(2)
The IRS amounts subject to SSAP No. 86 hedge accounting represent amounts that existed when hedge accounting was designated and still exist as of the end of
                          the reporting period. The fair values for such instruments are not included herein as they are not recorded on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
Derivative Collateral Management
The Company manages derivative collateral for the
                general account and separate account combined and separate collateral for exchange-traded and OTC derivatives. The total collateral posted for exchange-traded derivatives at December 31, 2020 and 2019, had a fair value of $2,476 and $2,151,
                respectively, and is included in Bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus and recorded at amortized cost. The Company retains ownership of the exchange-traded collateral, but the collateral
                resides in an account designated by the exchange. The collateral is subject to specific exchange rules regarding rehypothecation. The total collateral posted for OTC derivatives at December 31, 2020 and 2019, had a fair value of $3,054 and
                $1,200, respectively, and is included in Bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The Company posts collateral to OTC counterparties based upon exposure amounts. The Company retains
                ownership of the OTC collateral.
(h)    Offsetting Assets and Liabilities
The Company elects to disclose derivative assets
                and liabilities eligible for offset under SSAP No. 64 –
Offsetting and Netting of Assets and
                Liabilities
on a gross basis on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus in
                accordance with the provisions set forth in SSAP No. 86. This treatment is consistent with the Company's historical reporting presentation.
37 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(i)    Securities Lending
The Company loaned securities with a carrying value
                of $2,212 and $2,322 and a fair value of $2,610 and $2,603 as of December 31, 2020 and 2019, respectively. The aggregate amount of collateral received through securities lending at December 31 is as follows:
Fair Value
2020
2019
Cash
Open
2,587
2,337
30
                        days or less
—
—
31
                        to 60 days
—
—
61
                        to 90 days
—
—
Greater

                        than 90 days
—
—
Subtotal
2,587
2,337
Securities
                        received
86
328
Total
                        collateral received
$
2,673
2,665
The aggregate amount of cash collateral reinvested
                through securities lending at December 31 is as follows:
2020
2019
Amortized cost
Fair value
Amortized cost
Fair value
Open
—
—
—
—
30 days or less
950
950
1,070
1,070
31 to 60 days
955
955
548
548
61 to 90 days
66
66
—
—
91 to 120 days
—
—
66
66
121 to 180 days
143
143
344
344
181 to 365 days
473
473
309
309
Greater than 1
                        year
—
—
—
—
Total
                        collateral reinvested
$
2,587
2,587
2,337
2,337
As of December 31, 2020 and 2019, the Company had
                no borrowings outstanding from collateral securities lending.
Reinvested collateral is recorded in Other invested
                assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The amount and type of reinvested collateral at December 31 is as follows:
2020
2019
Cash and cash
                        equivalents
$
1,630
1,339
Short-term
                        investments
957
998
Total
$
2,587
2,337
(j)     Reverse Repurchase
                Agreements
The Company participates in both bilateral and
                tri-party repos. As of December 31, 2020 and 2019, the Company did not sell or acquire any securities that resulted in default. The Company did not recognize a liability to return cash collateral as of December 31, 2020 and 2019.
38 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
All collateral received, as of December 31, 2020
                and 2019, were bonds with a designated NAIC-1 rating. Further information related to repos for the years ended December 31, 2020 and 2019, is as follows:
As of year end
2020
2019
1. Maturity
a. Overnight
$
430
1,482
b. 2 Days to 1 Week
—
—
2. Collateral Pledged and Securities Acquired Under Repo
a. Cash Collateral Pledged - Secured Borrowing
$
430
1,482
b. Fair Value of Securities Acquired Under Repo - Secured Borrowing
435
1,494
Maximum Amount
2020
2019
1.
                        Maturity
a.
                        Overnight
$
2,878
1,482
b. 2
                        Days to 1 Week
—
2.
                        Collateral Pledged and Securities Acquired Under Repo
a. Cash
                        Collateral Pledged - Secured Borrowing
$
2,878
1,482
b. Fair
                        Value of Securities Acquired Under Repo - Secured Borrowing
2,906
1,494
(k)    Non-insurance SCA
                Investments
A summary of the Company's SSAP No. 97 –
Investments in Subsidiary, Controlled and Affiliated Entities
, non-insurance SCA investments, including their respective asset value and NAIC filing information, as of December 31, 2020 is as follows:
SCA Name
Gross Asset
Non-Admitted Asset
Net Admitted Assets
NAIC Filing Date
NAIC Filing Type
NAIC Filing Balance
Re-submission Required?
AZLPF
$
777
—
777
6/10/2020
S2
792
N
Total
$
777
—
777
XXX
XXX
792
XXX
(l)    FHLB Agreements
The Company held Class A FHLB membership stock of
                $10 and $10 at December 31, 2020 and 2019 and activity stock of $60 and $40 at December 31, 2020 and 2019, respectively. The Company has a fully collateralized borrowings with a balance of $1,500 and $1,000 as of December 31, 2020 and 2019
                which is recorded in Borrowed money on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. All FHLB transaction activity occurs in the Company's general account.
Securities collateral pledged to FHLB at December 31 is as follows:
2020
2019
Carrying value
$
1,336
875
Fair value
1,736
1,118
The maximum of collateral pledged to FHLB during the year ended
                December 31 was as follows:
2020
2019
Carrying value
$
1,994
1,745
Fair value
2,254
2,244
As of December 31, 2020 and 2019, the Company had
                $1,500 and $1,000, respectively, in total borrowing capacity under its agreement with the FHLB. The maximum amount of aggregate borrowing from FHLB during the years ended December 31, 2020 and 2019 was $2,000 and $2,000, respectively.
                Borrowings are not subject to prepayment penalties. Outstanding borrowings as of December 31, 2020, were issued on various dates ranging from October 17, 2016 to December 18, 2020 and interest rates on those borrowings range from 0.43% to
                3.20%. Interest paid on borrowings was $15 for the year ended December 31, 2020.
39 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(m)    Restricted Assets
As of December 31, 2020 and 2019, the Company had
                the following restricted assets, including assets pledged to others as collateral:
Gross Restricted
Percentage
Total general account
Total from prior year
Increase
                        (decrease)
Total current
                        year admitted restricted
Gross restricted to total assets
Admitted restricted to total admitted assets
Collateral held
                        under security lending arrangements
$
2,673
2,665
8
2,673
1.5
%
1.5
%
FHLB Capital
                        Stock
70
50
20
70
—
—
On deposit with
                        states
4
4
—
4
—
—
On deposit with
                        other regulatory bodies
19
26
(7)
19
—
—
Pledged as
                        collateral to FHLB (including assets backing funding agreements)
1,336
875
461
1,336
0.8
0.8
Derivative
                        collateral
2,266
2,063
203
2,266
1.3
1.3
Total
                        restricted assets
$
6,368
5,683
685
6,368
3.6
%
3.6
%
(n)    Low Income Housing Tax Credits
As of December 31, 2020 the Company had various
                LIHTC investments with a range of 5 to 13 remaining years of unexpired tax credits and no required holding period.
The amount of tax credits and other tax benefits
                recognized during the years ended December 31, 2020, 2019 and 2018 is $38, $29, and $20, respectively.
The balance of the investment recognized in the
                Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus for the years ended December 31, 2020 and 2019 is $403 and $339, respectively.
Additionally, the Company's LIHTC investments
                require a commitment of capital. The Company has open capital commitments of $199 and $171 at December 31, 2020 and 2019, respectively, which is recorded as an unfunded commitment liability of $199 and $147, as of December 31, 2020 and
                2019. LIHTC commitments are considered an open capital commitment beginning when then Company formally commits to fund the LIHTC, but they are not recorded as an unfunded commitment asset and liability until the Company has begun funding
                the LIHTC.
(o)    5GI Securities
As of December 31, 2020 and 2019, details regarding
                the Company's 5GI securities are as follows:
2020
2019
Number of Securities
Aggregate Book Adjusted Carrying Value
Aggregate Fair Value
Number of Securities
Aggregate Book Adjusted Carrying Value
Aggregate Fair Value
Bonds
—
$
—
—
1
$
40
44
Loan-backed and
                        structured securities
1
1
1
—
—
—
Total
1
$
1
1
1
$
40
44
(6)    Fair Value Measurements
SSAP No. 100R –
Fair Value
establishes a fair value hierarchy that prioritizes the inputs used in the valuation techniques to measure fair value.
Level 1 –     Unadjusted quoted
                prices for identical assets or liabilities in active markets that the Company has the ability to access at the measurement date.
40 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
Level 2 –     Valuations derived
                from techniques that utilize observable inputs, other than quoted prices included in Level 1, which are observable for the asset or liability either directly or indirectly, such as:
(a)    Quoted prices for similar assets or
                liabilities in active markets.
(b)    Quoted prices for identical or similar
                assets or liabilities in markets that are not active.
(c)    Inputs other than quoted prices that are
                observable.
(d)    Inputs that are derived
                principally from or corroborated by observable market data by correlation or other means.
Level 3 –     Valuations derived
                from techniques in which the significant inputs are unobservable. Level 3 fair values reflect the Company's own assumptions about the assumptions that market participants would use in pricing the asset or liability (including assumptions
                about risk).
The Company has analyzed the valuation techniques
                and related inputs, evaluated its assets and liabilities reported at fair value, and determined an appropriate fair value hierarchy level based upon trading activity and the observability of market inputs. Based on the results of this
                evaluation and investment class analysis, each financial asset and liability was classified into Level 1, 2, or 3.
The following presents the assets and liabilities
                measured at fair value on a recurring basis and their corresponding level in the fair value hierarchy at December 31:
2020
Level 1
Level 2
(a)
Level 3
Total
Assets at fair value:
Bonds
$
—
4
—
4
Common

                        stocks
$
163
—
1
164
Derivative

                        assets
136
4,036
7
4,179
Separate

                        account assets
21,789
11,408
—
33,197
Total
                        assets reported at fair value
22,088
15,448
8
37,544
Liabilities at fair value:
Derivative

                        liabilities
96
3,161
18
3,275
Separate

                        account derivative liabilities
—
10,332
—
10,332
Total
                        liabilities reported at fair value
$
96
13,493
18
13,607
(a)
The Company does not have any assets or liabilities measured at net asset value (NAV) that are included in Level 2
                          within this table.
2019
Level 1
Level 2
(a)
Level 3
Total
Assets at fair value:
Common

                        stocks
101
—
1
102
Derivative

                        assets
31
2,394
1
2,426
Separate

                        account assets
22,766
3,265
—
26,031
Total
                        assets reported at fair value
22,898
5,659
2
28,559
Liabilities at fair value:
Derivative

                        liabilities
41
2,014
13
2,068
Separate

                        account derivative liabilities
—
2,531
—
2,531
Total
                        liabilities reported at fair value
$
41
4,545
13
4,599
(a)
The Company does not have any assets or liabilities measured at NAV that are included in Level 2 within this table.
41 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
The following is a discussion of the methodologies
                used to determine fair values for the assets and liabilities listed in the above table. These fair values represent an exit price (i.e., what a buyer in the marketplace would pay for an asset in a current sale or charge to transfer a
                liability). The Company has not made changes to valuation techniques in 2020.
(a)    Valuation of Bonds and Unaffiliated Stock
The fair value of bonds is based on quoted market
                prices in active markets when available. Based on the market data, the securities are categorized into asset class, and based on the asset class of the security, appropriate pricing applications, models and related methodology, and standard
                inputs are utilized to determine what a buyer in the marketplace would pay for the security in a current sale. When quoted prices are not readily available or in an inactive market, standard inputs used in the valuation models, listed in
                approximate order of priority, include, but are not limited to, benchmark yields, reported trades, Municipal Securities Rulemaking Board reported trades, Nationally Recognized Municipal Securities Information Repository material event
                notices, broker-dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers, reference data, and industry and economic events. In some cases, including private placement securities and certain difficult-to-price
                securities, internal pricing models may be used that are based on market proxies. Internal pricing models based on market spread and U.S. Treasury rates are used to value private placement holdings. The primarily unobservable input used in
                the discounted cash flow models for states and political subdivisions, foreign government, and corporate bonds is a corporate index option adjusted spread (OAS). CDOand certain mortgage-backed securities are priced by a third-party vendor
                and the Company internally reviews the valuation for reasonableness. The Company does not have insight into the specific inputs; however, the key unobservable inputs would generally include default rates.
Generally, U.S. Treasury securities and
                exchange-traded stocks are included in Level 1. Most bonds for which prices are provided by third-party pricing sources are included in Level 2, because the inputs used are market observable. Bonds for which prices were obtained from broker
                quotes, certain bonds without active trading markets and private placement securities that are internally priced are included in Level 3.
The fair value of unaffiliated common stocks is
                based on quoted market prices in active markets when available and included in Level 1. When quoted prices are not readily available or in an inactive market, the Company arrives at fair value utilizing internal pricing models based on
                available market inputs or obtains valuations from third party brokers or investment managers. Such investments may be categorized in Level 2 or Level 3. The primary unobservable input used to value common stock are indicative quotes
                received from third-party vendors.
(b)    Valuation of Derivatives
Active markets for OTC options do not exist. The
                fair value of OTC options is derived internally, by calculating their expected discounted cash flows, using a set of calibrated, risk-neutral stochastic scenarios, including a market data monitor, a market data model generator, a stochastic
                scenario calibrator, and the actual asset pricing calculator. The valuation results are reviewed by Management via the Pricing Committee. OTC options that are internally priced, foreign currency swaps, CDS, TBA securities, and IRS are
                included in Level 2, because they use market observable inputs. TRS are included in Level 3 because they use valuation techniques in which significant inputs are unobservable. The fair value of ETOs and futures are based on quoted market
                prices and are generally included in Level 1.
Certain derivatives are priced using external
                third-party vendors. The Company has controls in place to monitor the valuations of these derivatives. Using market observable inputs, IRS prices are derived from a third-party source and are independently recalculated internally and
                reviewed for reasonableness at the position level on a monthly basis. TRS prices are obtained from the respective counterparties. These prices are also internally recalculated and reviewed for reasonableness at the position level on a
                monthly basis. The Company does not have insight into the specific inputs used by third-party vendors; however, the key unobservable input would generally include the spread.
42 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(c)    Valuation of Separate Account Assets and
                Separate Account Derivative Liabilities
Separate account assets and Separate account
                derivative liabilities, with the exception of certain bonds, cash, cash equivalents, and investment income due and accrued, are carried at fair value, which is based on the fair value of the underlying assets which are described throughout
                this note. Funds in the separate accounts are primarily invested in variable investment option funds with the following investment types: bond, domestic equity, international equity, or specialty. Variable investment option funds are
                included in Level 1 because their fair value is based on quoted prices in active, observable markets. The remaining investments are categorized similar to the investments held by the Company in the general account (e.g., if the separate
                account invested in bonds, short-term investments and derivatives, that portion could be classified within Level 2 or Level 3). Certain bonds, cash, and cash equivalents, along with related accrued investment income, carried at amortized
                cost within the separate account have an amortized cost of $12,704 and $8,607 as of December 31, 2020 and 2019, respectively, and a fair value of $13,689 and $8,928 as of December 31, 2020 and 2019, respectively. Separate account assets
                carried at amortized cost are included in the table in section 6(h) below.
(d)    Level 3 Rollforward
The following table provides a reconciliation of
                the beginning and ending balances for the Company's Level 3 assets and liabilities measured at fair value on a recurring basis:
January 1, 2020
Transfers into
Level 3
Transfers out
of Level 3
Total gains
and (losses)
included in
Net Income
Total gains
and (losses)
included in
Surplus
Purchases, issuances, sales and
                        settlements
December 31, 2020
Common stocks
1
—
—
—
—
—
1
TRS assets
1
—
—
960
6
(960)
7
Total
                        Level 3 Assets
2
—
—
960
6
(960)
8
TRS liabilities
(13)
—
—
(568)
(5)
568
(18)
Total
                        Level 3 Liabilities
$
(13)
—
—
(568)
(5)
568
(18)
January 1, 2019
Transfers into
Level 3
Transfers out
of Level 3
Total gains
and (losses)
included in
Net Income
Total gains
and (losses)
included in
Surplus
Purchases, issuances, sales and
                        settlements
December 31, 2019
Bonds
$
3
—
(3)
—
—
—
Common stocks
2
—
—
—
(1)
1
TRS assets
96
—
—
633
(95)
(633)
1
Total
                        Level 3 Assets
101
—
—
630
(95)
(634)
2
TRS liabilities
(23)
—
—
(129)
10
129
(13)
Total
                        Level 3 Liabilities
$
(23)
—
—
(129)
10
129
(13)
(e)    Transfers
The Company reviews its fair value hierarchy
                classifications annually. Transfers between levels occur when there are changes in the observability of inputs and market activity.
All transfers into Level 3 were a result of
                observable inputs no longer being considered reliable or could no longer be validated against an alternative source. The transfers out of Level 3 were a result of securities no longer being carried at fair value as a result of new
                availability of reliable observable inputs or the ability to validate market price of the security against an alternative source.
43 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(f)    Sensitivity of Fair Value Measurements to
                Changes in Unobservable Inputs
Bonds:
The primary unobservable input used in the discounted cash flow models for states and political subdivisions, foreign government, and corporate bonds is a
                corporate index option adjusted spread (OAS). The corporate index OAS used is based on a security's sector, rating, and average life. A significant increase (decrease) of the corporate index OAS in isolation could result in a decrease
                (increase) in fair value.
CDO and certain mortgage-backed securities are
                priced by a third-party vendor and the Company internally reviews the valuation for reasonableness. The Company does not have insight into the specific inputs used; however, the key unobservable inputs would generally include default rates.
                A significant increase (decrease) in default rates in isolation could result in an decrease (increase) in fair value.
Common stocks:
The primary unobservable input used to value common stock are indicative quotes received from third-party vendors. A significant increase (decrease) in the
                indicative quotes in isolation could result in a decrease (increase) in fair value.
Derivative assets and liabilities:
The TRS are priced by a third-party vendor and the Company internally reviews the valuation for reasonableness. The Company does not
                have insight into the specific inputs used; however, the key unobservable input would generally include the spread. For a long position, a significant increase (decrease) in the spread used in the fair value of the TRS in isolation could
                result in higher (lower) fair value. For a short position, a significant increase (decrease) in the spread used in the fair value of the TRS in isolation could result in lower (higher) fair value.
(g)    Estimates
The Company has been able to estimate the fair
                value of all financial assets and liabilities.
44 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(h)    Aggregate Fair Value of Financial
                Instruments
The following tables present the carrying amounts
                and fair values of all financial instruments at December 31
(b)
:
2020
Fair Value
Aggregate Fair
                        Value
Admitted
                        Assets/
Carrying Value
Level 1
Level 2
Level 3
Financial

                        Assets
Bonds
$
115,710
99,088
4,995
93,714
17,001
Preferred

                        stocks, unaffiliated
43
41
—
—
43
Common

                        stocks, unaffiliated
234
234
163
—
71
Mortgage

                        loans on real estate
17,117
15,634
—
—
17,117
Cash
                        equivalents
878
878
448
430
—
Derivative

                        assets
4,179
4,114
136
4,036
7
Securities

                        lending reinvested collateral assets
2,587
2,587
—
2,587
—
Other
                        invested assets
757
757
—
23
734
COLI
653
653
—
653
—
Separate

                        account assets
46,886
45,901
22,732
24,154
—
Financial

                        Liabilities
Deposit-type

                        contracts
$
5,395
4,749
—
—
5,395
Other
                        investment contracts
103,518
95,083
—
—
103,518
Borrowed

                        money
1,516
1,501
—
—
1,516
Derivative

                        liabilities
3,275
3,262
96
3,161
18
Payable

                        for securities lending
2,587
2,587
—
2,587
—
Payable

                        for securities
199
199
—
—
199
Separate

                        account liabilities
46,886
45,901
22,732
24,154
—
(b)
The Company does not have any assets or liabilities measured at NAV that are included in Level 2 in this table. In
                          addition, the Company has no assets or liabilities for which it is not practicable to measure at fair value.
45 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
2019
Fair Value
Aggregate Fair
                        Value
Admitted
                        Assets/ Carrying Value
Level 1
Level 2
Level 3
Financial

                        Assets
Bonds
$
106,848
97,269
3,864
87,898
15,086
Preferred

                        stocks, unaffiliated
31
29
—
—
31
Common

                        stocks, unaffiliated
152
152
101
—
51
Mortgage

                        loans on real estate
15,241
14,217
—
—
15,241
Cash
                        equivalents
1,863
1,863
361
1,502
—
Short-term

                        investments
22
22
—
22
—
Derivative

                        assets
2,426
2,391
31
2,394
1
Securities

                        lending reinvested collateral assets
2,337
2,337
—
2,337
—
Other
                        invested assets
655
655
—
25
630
COLI
625
625
—
625
—
Separate

                        account assets
34,959
34,638
23,090
11,869
—
Financial

                        Liabilities
Deposit-type

                        contracts
$
5,380
4,936
—
—
5,380
Other
                        investment contracts
102,903
93,649
—
—
102,903
Borrowed

                        money
1,006
1,002
—
—
1,006
Derivative

                        liabilities
2,068
2,049
41
2,014
13
Payable

                        for securities lending
2,337
2,337
—
2,337
—
Payable

                        for securities
147
147
—
—
147
Other
                        liabilities
(1,436)
(241)
—
(1,436)
—
Separate

                        account liabilities
34,959
34,638
23,090
11,869
—
(b)
The Company does not have any assets or liabilities measured at NAV that are included in Level 2 in this table. In
                          addition, the Company has no assets or liabilities for which it is not practicable to measure at fair value.
A description of the Company's valuation techniques
                for financial instruments not reported at fair value and categorized within the fair value hierarchy is shown below:
Valuation of Preferred Stock
The fair value of unaffiliated preferred stocks is
                based on quoted market prices in active markets. When available, such investments are included in Level 1. When quoted prices are not readily available or in an inactive market, the Company arrives at fair value utilizing internal pricing
                models based on available market inputs. Such investments may be categorized in Level 2 or Level 3.
Valuation of FHLB Stock
FHLB stock, included in Common stocks, is not
                traded in an active market and is categorized in Level 3. FHLB stock is carried at cost, which approximates fair value unless it is impaired, based on provisions within the Company's FHLB agreement that allow for return of outstanding
                shares of FHLB stock at the Company's cost basis.
Valuation of Mortgage Loans on Real Estate
The fair value of commercial mortgage loans on real
                estate is calculated by analyzing individual loans and assigning ratings to each loan based on a combination of loan-to-value ratios and debt service coverage ratios. Fair value is determined based on these factors as well as the
                contractual cash flows of each loan and the current market interest rates for similar loans. The fair value of residential mortgage loans on real estate is calculated by discounting estimated cash flows, with discount rates based on current
                market conditions.
46 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
Valuation of Cash Equivalents
Cash equivalents are comprised of money market
                mutual funds, cash equivalent bonds, and reverse repurchase agreements. The fair value of money market mutual funds are based on quoted market prices in active markets and included in Level 1. Reverse repurchase prices are provided by
                third-party pricing sources and included in Level 2, because the inputs used to determine fair value are market observable.
Valuation of Short-term Investments
Short-term investments are comprised of bonds due
                in one year or less. The fair value of bonds is determined in line with bonds above.
Valuation of Securities Lending Reinvested Collateral Assets
Collateral held from securities lending agreements
                is primarily comprised of short-term and long-term highly liquid fixed-maturity securities. Fair values are determined and classified within the fair value hierarchy in a manner consistent with the method utilized to determine the fair
                value of similar securities (fixed-income securities, equity securities, cash and cash equivalents) held within the Company's general account investment portfolio.
Valuation of Other Invested Assets
Other invested assets include LIHTC investments,
                limited partnership investments, loans to affiliates, and restricted stock unit (RSU) assets. As there is no observable market data on which to calculate fair value of the LIHTC investment balances, the fair value is set equal to carrying
                value. Limited partnership investments are recorded using the cost method in line with SSAP No. 48 –
Joint
                Ventures, Partnerships and Limited Liability Companies
using unobservable inputs. Loans to affiliates are carried at cost;
                due to the lack of an active market, the current carrying value is the only market price at which the transaction could be settled, the Company believes cost approximates fair value. Due to the use of unobservable inputs, LIHTC investments,
                limited partnership investments, and loans to affiliates are categorized as Level 3. RSU assets tied to the share price of Allianz SE stock but does not participate in an active market; given this, it is categorized as Level 2.
Valuation of COLI
The COLI policies held by the Company are carried at their respective cash surrender
                values, which approximates fair value. The cash surrender value of the policies is based on the value of the underlying assets, which are regularly priced utilizing observable inputs. The COLI asset is included within Other assets on the
                Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. At December 31, 2020 and 2019, the cash surrender value in an investment vehicle is $653 and $625, respectively, and is allocated into the following categories
                based on primary underlying investment characteristics:
2020
2019
Bonds
80.0
%
64.0
%
Stocks
20.0
%
36.0
%
Valuation of Deposit-Type Contracts
Fair values of deposit-type contracts are based on
                discounted cash flows using internal inputs, including the discount rate and consideration of the Company's own credit standing and a risk margin for actuarial inputs.
Valuation of Other Investment Contracts
Other investment contracts are included within Life
                policies and annuity contracts within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Other investment contracts include certain reserves related to deferred annuities and other payout annuities that may
                include life contingencies, but do not have significant mortality risk due to substantial periods certain. Fair values are based on discounted cash flows using internal inputs, including the discount rate and consideration of the Company's
                own credit standing and a risk margin for market inputs.
47 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
Valuation of Borrowed Money
The fair value of the FHLB borrowing is calculated
                on a discounted cash flow basis. Each position includes a monthly interest rate, a maturity payment amount, and a maturity date. The interest and maturity payments are projected as of the valuation date, and the expected cash flows are
                discounted using the valuation date swap curve.
Valuation of Payable for Securities Lending
Securities lending payable is set equal the to the
                cash collateral received. Due to the short-term nature of these loans, the carrying value is deemed to approximate fair value.
Valuation of Payable for Securities
Included in Payable for securities is the LIHTC
                investments unfunded commitment liability. As there is no observable market data on which to calculate fair value of the LIHTC investment unfunded commitment asset and liability, fair value is set equal to carrying value, and the balance is
                categorized as Level 3.
Valuation of Other Liabilities
Prior to the adoption of SSAP No. 108 as of January
                1, 2020, other liabilities included the IRS hedge adjustment for certain variable annuity guarantee benefits. The carrying value was equal to the initial book value of the IRS created from inception until the designation of hedge accounting
                in addition to subsequent changes due to the hedged item or realized gains or losses recorded under hedge accounting. The fair value represents the fair value of the IRS that are not recorded on the Statutory Statements of Admitted Assets,
                Liabilities, and Capital and Surplus due to the hedge accounting designation, and is determined in line with item (b) above. See Note 2(k) for further discussion of the Company's hedge accounting treatment.
Valuation of Separate Account Liabilities
The fair value of separate account liabilities
                approximates the fair value of separate account assets.
(7)    Mortgage Notes Payable
In 2004, the Company obtained an $80 mortgage loan
                from an unrelated third-party for the Company's headquarters. In 2005, the Company agreed to enter into a separate loan agreement with the same counterparty in conjunction with the construction of an addition to the Company's headquarters
                of $65. This loan was funded in 2006 and combined with the existing mortgage. As of December 31, 2020 and 2019, the combined loan had a balance of $41 and $51, respectively, and is reported within Real estate on the Statutory Statements of
                Admitted Assets, Liabilities, and Capital and Surplus. This 20 year, fully amortizing loan has an interest rate of 5.52%, with a maturity date of August 1, 2024. The level principal and interest payments are made monthly. The loan allows
                for prepayment; however, it is accompanied by a make-whole provision.
Interest expense for all loans is $3, $3, and $4,
                in 2020, 2019, and 2018, respectively, and is presented in Net investment income on the Statutory Statements of Operations.
The future principal payments required under the
                loan are as follows:
2021
$
10
2022
11
2023
12
2024
8
2025
—
2026 and beyond
—
Total
$
41
48 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(8)    Electronic Data Processing Equipment and Software (EDP)
EDP at December 31 and the changes in the balance for the years then
                ended are as follows:
2020
2019
Servers,

                        computers and peripherals depreciation
—
1
Software

                        amortization
7
8
Net EDP balance,
                        by major classes of assets:
Servers,

                        computers and peripherals
2
1
Software
38
31
Net EDP
                        balance
40
32
Nonadmitted
(38)
(31)
Net
                        admitted EDP balance
$
2
1
The Company has a gross EDP asset of $73 and $63
                and accumulated depreciation and amortization of $(71) and $(62) at December 31, 2020 and 2019, respectively. Servers, computers and peripherals are depreciated over the lesser of their useful life or three years and the net balance is
                nonadmitted. Software is amortized over the lesser of their useful life or five years. Nonoperating software is nonadmitted and operating software is admitted to the extent it meets the criteria defined in SSAP No. 16R - Electronic Data
                Processing Equipment and Software.
(9)    Income Taxes
(a)    Deferred Tax Assets and Liabilities
The components of the net DTA or net DTL are as follows:
December 31, 2020
Ordinary
Capital
Total
Total gross deferred tax assets
$
911
52
963
Statutory valuation allowance adjustments
—
—
—
Adjusted gross deferred tax assets
911
52
963
Deferred tax assets nonadmitted
—
—
—
Subtotal net admitted deferred tax assets
911
52
963
Deferred tax liabilities
(684)
(6)
(690)
Net admitted deferred tax assets (liabilities)
$
227
46
273
December 31, 2019
Ordinary
Capital
Total
Total gross deferred tax assets
$
922
21
943
Statutory valuation allowance adjustments
—
—
—
Adjusted gross deferred tax assets
922
21
943
Deferred tax assets nonadmitted
—
—
—
Subtotal net admitted deferred tax assets
922
21
943
Deferred tax liabilities
(713)
(6)
(719)
Net admitted deferred tax assets (liabilities)
$
209
15
224
49 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
Change
Ordinary
Capital
Total
Total gross deferred tax assets
$
(11)
31
20
Statutory valuation allowance adjustments
—
—
—
Adjusted gross deferred tax assets
(11)
31
20
Deferred tax assets nonadmitted
—
—
—
Subtotal net admitted deferred tax assets
(11)
31
20
Deferred tax liabilities
29
(1)
28
Net admitted deferred tax assets (liabilities)
$
18
30
48
The amount of admitted adjusted gross DTAs allowed under each
                component of SSAP No. 101 –
Income Taxes
(SSAP No. 101) as of December 31 are as follows:
December 31, 2020
Ordinary
Capital
Total
Federal income
                        taxes paid in prior years recoverable through loss carrybacks (11.a)
$
—
3
3
Adjusted gross DTAs expected to be realized after application of the
                          threshold limitations
—
—
—
Lesser of 11.b.i or 11.b.ii:
—
—
—
Adjusted gross DTAs expected to be realized following the balance
                          sheet date (11.b.i.)
419
49
468
Adjusted gross DTAs allowed per limitation threshold (11.b.ii)
N/A
N/A
1,108
Lesser of 11.b.i or 11.b.ii
419
49
468
Adjusted gross DTAs offset by gross DTLs (11.c)
492
—
492
Deferred tax assets admitted
$
911
52
963
December 31, 2019
Ordinary
Capital
Total
Federal income
                        taxes paid in prior years recoverable through loss carrybacks (11.a)
$
—
5
5
Adjusted gross DTAs expected to be realized after application of the
                          threshold limitations
—
—
—
Lesser of 11.b.i or 11.b.ii:
—
—
—
Adjusted gross DTAs expected to be realized following the balance
                          sheet date (11.b.i.)
473
16
489
Adjusted gross DTAs allowed per limitation threshold (11.b.ii)
N/A
N/A
1,159
Lesser of 11.b.i or 11.b.ii
473
16
489
Adjusted gross DTAs offset by gross DTLs (11.c)
449
—
449
Deferred tax assets admitted
$
922
21
943
50 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
Change
Ordinary
Capital
Total
Federal income
                        taxes paid in prior years recoverable through loss carrybacks (11.a)
$
—
(2)
(2)
Adjusted gross DTAs expected to be realized after application of the
                          threshold limitations
—
—
—
Lesser of 11.b.i or 11.b.ii:
—
—
—
Adjusted gross DTAs expected to be realized following the balance
                          sheet date (11.b.i.)
(54)
33
(21)
Adjusted gross DTAs allowed per limitation threshold (11.b.ii)
N/A
N/A
(52)
Lesser of 11.b.i or 11.b.ii
(54)
33
(21)
Adjusted gross DTAs offset by gross DTLs (11.c)
43
—
43
Deferred tax assets admitted
$
(11)
31
20
Ratios used for threshold limitation as of December 31 are as follows:
December 31
2020
2019
Change
Ratio percentage
                        used to determine recovery period and threshold limitation amount
705
%
756
%
(51)
%
Amount of
                        adjusted capital and surplus used to determine recovery period threshold limitation
$
7,386
7,729
(343)
Impact of tax planning strategies on the determination of net admitted
                adjusted gross DTAs is as follows:
December 31, 2020
Ordinary
Capital
Total
Net admitted adjusted gross DTAs - (percentage of total net admitted
                          adjusted gross DTAs)
—
%
93.7
%
93.7
%
December 31, 2019
Ordinary
Capital
Total
Net admitted adjusted gross DTAs - (percentage of total net admitted
                          adjusted gross DTAs)
—
%
77.6
%
77.6
%
Change
Ordinary
Capital
Total
Net admitted adjusted gross DTAs - (percentage of total net admitted
                          adjusted gross DTAs)
—
%
16.1
%
16.1
%
The Company's tax planning strategies do not include the use of
                reinsurance.
(b)    Unrecognized Deferred Tax Liabilities
There are no temporary differences for which DTLs are not recognized.
51 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(c)    Current and Deferred Income Taxes
The significant components of income taxes incurred
                (i.e. Current income tax expense) include:
December 31
2020-2019

                        Change
2019-2018

                        Change
2020
2019
2018
Current year
                        federal tax expense (benefit) - ordinary income
$
18
773
(51)
(755)
824
Current year
                        foreign tax expense (benefit) - ordinary income
—
—
—
—
—
Subtotal
18
773
(51)
(755)
824
Current year
                        tax expense - net realized capital gains (losses)
—
(11)
4
11
(15)
Federal and
                        foreign income taxes incurred
$
18
762
(47)
(744)
809
DTAs and DTLs consist of the following major
                components:
December 31
Deferred tax
                        assets
2020
2019
Change
Ordinary:
Unrealized

                        losses
$
—
11
(11)
Deferred

                        acquisition costs
169
153
16
Expense

                        accruals
63
72
(9)
Policyholder

                        reserves
666
676
(10)
Fixed
                        assets
—
—
—
Nonadmitted

                        assets
13
10
3
Subtotal
911
922
(11)
Statutory

                        valuation allowance adjustment
—
—
—
Nonadmitted

                        ordinary deferred tax assets
—
—
—
Admitted
                        ordinary tax assets
911
922
(11)
Capital:
Impaired

                        assets
51
20
31
Unrealized

                        losses
1
1
—
Subtotal
52
21
31
Statutory

                        valuation allowance adjustment
—
—
—
Nonadmitted

                        capital deferred tax assets
—
—
—
Admitted
                        capital deferred tax assets
52
21
31
Admitted
                        deferred tax assets
$
963
943
20
December 31
Deferred tax
                        liabilities
2020
2019
Change
Ordinary:
Investments
$
(54)
(56)
2
Fixed
                        assets
(5)
(5)
—
Policyholder

                        reserves
(445)
(534)
89
Software

                        capitalization
(7)
(5)
(2)
Unrealized

                        gains
(79)
(113)
34
Other
(94)
—
(94)
Subtotal
(684)
(713)
29
Capital:
Unrealized

                        gains
(6)
(6)
—
Subtotal
(6)
(6)
—
Deferred tax
                        liabilities
$
(690)
(719)
29
Net
                        deferred tax assets (liabilities)
$
273
224
49
52 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
The realization of the DTAs is dependent upon the
                Company's ability to generate sufficient taxable income in future periods. Based on historical results and the prospects for future current operations, management anticipates that it is more likely than not that future taxable income will
                be sufficient for the realization of the remaining DTAs.
The Coronavirus Aid, Relief, and Economic Security
                Act, (CARES Act of 2020) was enacted on March 27, 2020, thereby allowing net operating losses (NOLs) arising in tax years beginning after December 31, 2017, and before January 1, 2021 (e.g., NOLs incurred in 2018, 2019, or 2020 by a
                calendar-year taxpayer) to be carried back to each of the five tax years preceding the tax year of such loss.
In computing taxable income, life insurance
                companies are allowed a deduction attributable to their life insurance and accident and health reserves. The Tax Act of 2017 significantly changed the methodology by which these reserves are computed for tax purposes. The changes are
                effective for tax years beginning after 2017 and are subject to a transition rule that spreads the additional income tax liability over the subsequent eight years beginning in 2018.  Due to complexities in the new methodology and limited
                guidance from the Internal Revenue Service and U.S. Treasury, the Company has recorded provisional amounts for the deferred tax revaluation associated with the changes in the computation of life insurance tax reserves based on information
                available at December 31, 2017.  Pursuant to Interpretation of the SAP Working Group 18-01:
Updated
                Tax Estimates under the Tax Cuts and Jobs Act
, provisional tax computations related to these amounts were reasonably
                estimated as of December 31, 2017 and have been adjusted based on guidance received from Internal Revenue Service and U.S. Treasury. Adjusted amounts are reflected in the Company's results of operations for the years ended December 31,
                2020, 2019, and 2018.
The Change in net deferred income tax is comprised
                of the following (this analysis is exclusive of the nonadmitted DTAs as the Change in nonadmitted assets is reported separately from the Change in net deferred income tax in the Unassigned surplus section of the Statutory Statements of
                Capital and Surplus):
December 31
2020
2019
Change
Net deferred tax assets (liabilities)
$
273
224
49
Statutory valuation allowance adjustment
—
—
Net deferred tax assets (liabilities) after statutory valuation
                          allowance
273
224
49
Tax effect of unrealized gains (losses)
153
160
(7)
Statutory valuation allowance adjustment allocated to unrealized gains
                          (losses)
—
—
—
Change in net deferred income tax
$
42
(d)    Reconciliation of Federal Income Tax Rate
                to Actual Effective Rate
The provision for federal income taxes incurred is different from that
                which would be obtained by applying the statutory federal income tax rate to income before income taxes. The significant items causing this difference are as follows:
53 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
December 31, 2020
December 31, 2019
December 31, 2018
Federal
                        income tax rate
21.0
%
21.0
%
21.0
%
Amortization

                        of IMR
(1.3)
(3.6)
(0.9)
Dividends

                        received deduction
(1.7)
(4.2)
(0.8)
Nondeductible

                        expenses
—
0.9
0.2
Affiliated

                        LLC income
(2.4)
—
—
COLI
(1.0)
(5.5)
0.3
Tax
                        hedges
0.2
65.8
(6.5)
Tax
                        hedge reclassification
6.8
84.7
(8.2)
Tax
                        credits
(7.2)
(13.6)
(2.1)
Prior
                        period adjustments
(0.6)
(0.4)
(0.4)
Change
                        in deferred taxes on impairments
(5.0)
3.6
(1.5)
Change
                        in deferred taxes on nonadmitted assets
(0.6)
(0.7)
0.1
Reinsurance
(5.5)
19.8
(1.3)
Change
                        in valuation
—
—
5.9
NOL
                        Carryback Benefit
(12.2)
—
—
Tax
                        Contingencies
5.5
—
—
Realized
                        Capital Gains Tax
(0.1)
—
—
Other
—
0.6
(0.1)
Effective

                        tax rate
(4.1)
%
168.4
%
5.7
%
Federal and foreign income taxes incurred
(1)
2.9
%
293.7
%
(4.3)
%
Realized
                        Capital Gains Tax
(0.1)
—
—
Change
                        in net deferred tax
(6.9)
(125.3)
10.0
Effective

                        tax rate
(4.1)
%
168.4
%
5.7
%
(1)
Prior to 2020, tax on capital gains (losses) was excluded from federal and foreign income taxes incurred and detailed
                          in Note 5(c).
(e)    Carryforwards, Recoverable Taxes, and IRC
                Section 6603 Deposits
As of December 31, 2020,
there are no operating losses or tax credit carryforwards available for tax purposes.
There are no Federal
                income taxes available for recoupment in the event of future net losses.
There are no aggregate deposits admitted under
                Section 6603 of the IRC.
The Company had tax contingencies computed in
                accordance with SSAP No. 5R, Liabilities, Contingencies and Impairment of Assets, and SSAP No. 101 as of December 31, 2020 and 2019. The Company does not believe the tax contingencies will significantly increase within the next 12 months.
The Company recognizes interest and penalties
                accrued related to unrecognized tax benefits in federal income tax expense. During the years ended December 31, 2020, 2019, and 2018 the Company recognized expenses of $9, $0, and $(1) in interest and penalties, respectively. The Company
                had $9 and $1 for the unrecognized tax benefits and related accrued interest at December 31, 2020 and 2019, respectively.
(f)    Consolidated Federal Income Tax Return
The Company is included in the consolidated group
                for which AZOA files a federal income tax return on behalf of all group members. As a member of the AZOA consolidated group, the Company is no longer subject to US Federal and non-US income tax examinations for years prior to 2016, though
                examinations of combined returns filed by AZOA, which include the Company by certain US state and local tax authorities, may still be conducted for 2008 and subsequent years. The last Internal Revenue Service (IRS) examination of AZOA
                involved the federal income tax returns filed by AZOA for the 2015 tax year, which included carrybacks to the 2012 tax year. This examination concluded in October 2018 with the IRS only making one immaterial
54 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
adjustment that increased the Company's tax
                liability for 2012 by approximately $1. The IRS has also initiated an examination of AZOA's 2017 and 2018 income tax returns, which is expected to close by the end of 2021.
As of December 31, 2020, the companies included in
                the consolidated group for which AZOA files a federal income tax return is included below:
Members of Consolidated Tax Group
Allianz Life Insurance Company of North America
Allianz Life Insurance Company of Missouri
Allianz Life
                        Insurance Company of New York
Allianz
                        Underwriters Insurance Company
AZOA Services
                        Corporation
AGCS Marine
                        Insurance Company
Allianz Global
                        Risks US Insurance Company
William H. McGee
                        & Co., Inc.
Allianz
                        Reinsurance of America, Inc.
Fireman's Fund
                        Insurance Company
Allianz
                        Technology of America, Inc.
Fireman's Fund
                        Indemnity Corporation
Allianz Renewable
                        Energy Partners of America LLC
National Surety
                        Corporation
Allianz Renewable
                        Energy Partners of America 2 LLC
Chicago Insurance
                        Company
PFP Holdings,
                        Inc.
Interstate Fire
                        & Casualty Company
AZL PF
                        Investments, Inc.
Associated
                        Indemnity Corporation
Dresdner
                        Kleinwort Pfandbriefe Investments II, Inc.
American
                        Automobile Insurance Company
Allianz Fund
                        Investments, Inc.
The American
                        Insurance Company
Yorktown
                        Financial Companies, Inc.
Allianz Risk
                        Transfer, Inc.
Questar Capital
                        Corporation
Allianz Risk
                        Transfer (Bermuda), Ltd.
Questar Asset
                        Management, Inc.
Questar Agency,
                        Inc.
(10)    Accident and Health Claim Reserves
Accident and health claim reserves are based on
                estimates that are subject to uncertainty. Uncertainty regarding reserves of a given accident year is gradually reduced as new information emerges each succeeding year, thereby allowing more reliable reevaluations of such reserves. While
                management believes that reserves as of December 31, 2020 are appropriate, uncertainties in the reserving process could cause reserves to develop favorably or unfavorably in the near term as new or additional information emerges. Any
                adjustments to reserves are reflected in the operating results of the periods in which they are made. Movements in reserves could significantly impact the Company's future reported earnings.
Activity in the accident and health claim reserves is summarized as
                follows:
2020
2019
2018
Balance
                        at January 1, net of reinsurance recoverables of $654, $574, and $447, respectively
$
335
299
224
Incurred related
                        to:
Current

                        year
139
143
129
Prior

                        years
(46)
(24)
16
Total
                        incurred
93
119
145
Paid related to:
Current

                        year
7
7
4
Prior

                        years
84
76
66
Total
                        paid
91
83
70
Balance

                        at December 31, net of reinsurance recoverables of $665, $654, and $574, respectively
$
337
335
299
Prior year incurred claim reserves for 2020 and
                2019 were favorable as a result of re-estimation of unpaid claims and claim adjustment expenses, principally on the individual LTC line of business. Prior year incurred claim reserves for 2018 were unfavorable attributable to assumption
                updates and the establishment of a claims adjustment expense on the individual LTC line of business.
55 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(11)    Reinsurance
The Company primarily enters into reinsurance
                agreements to manage risk resulting from its life, annuity, and accident and health businesses, as well as businesses the Company has chosen to exit. In the normal course of business, the Company seeks to limit its exposure to loss by
                ceding risks under yearly renewal term, coinsurance, and modified coinsurance.
The Company monitors the financial exposure and
                financial strength of the reinsurers on an ongoing basis. The Company attempts to mitigate risk by securing recoverable balances with various forms of collateral, including arranging trust accounts and letters of credit with certain
                reinsurers.
The effect of reinsurance on reserves, deposit-type
                contracts, and claims, for amounts recoverable from other insurers, was as follows:
For the years ended December 31,
Reduction in:
2020
2019
Aggregate

                        reserves
$
6,636
6,620
Deposit-type

                        contracts
99
107
Policy

                        and contract claims
29
24
Reinsurance reserves, recoverables, and receivables
                at December 31, 2020 and 2019, are covered by collateral of $6,140 and $4,084, respectively, in addition to the letter of credit on behalf of AZMO, as noted in Note 2.
Life insurance, annuities, and accident and health business assumed
                from and ceded to other companies are as follows:
Year ended
Direct amount
Ceded to other companies
Assumed from other companies
Net amount
December 31, 2020
Life
                        insurance in-force
$
53,399
34,345
54
19,108
Premiums:
Life
1,200
88
1
1,113
Annuities
9,473
398
—
9,075
Accident

                        and health
170
68
56
158
Total
                        premiums
$
10,843
554
57
10,346
December 31,
                        2019
Life
                        insurance in-force
$
45,817
30,060
58
15,815
Premiums:
Life
989
88
1
902
Annuities
12,135
387
—
11,748
Accident

                        and health
172
70
53
155
Total
                        premiums
$
13,296
545
54
12,805
December 31,
                        2018
Life
                        insurance in-force
$
41,321
27,914
65
13,472
Premiums:
Life
895
84
1
812
Annuities
11,318
358
—
10,960
Accident

                        and health
176
73
50
153
Total
                        premiums
$
12,389
515
51
11,925
The Company holds securities backing term life and
                universal life with secondary guarantees ceded reserves in compliance with Actuarial Guideline 48. As of December 31, 2020 and 2019, the Company had 7 reinsurance contracts in which risks under covered policies have been ceded. The Company
                held primary securities in an amount at least equal to the required level of primary securities for all of these contracts.
56 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
There are no nonaffiliated reinsurers owned in
                excess of 10% or controlled, either directly or indirectly, by the Company or by a representative, officer, trustee, or director of the Company.
There are no policies issued by the Company that
                have been reinsured with a company chartered in a country other than the United States that is owned in excess of 10% or controlled directly or indirectly by an insured, a beneficiary, a creditor, or any other person not primarily engaged
                in the insurance business.
The Company does not have any reinsurance
                agreements in effect under which the reinsurer may unilaterally cancel any reinsurance for reasons other than for nonpayment of premium or other similar credits.
The Company does not have reinsurance agreements in
                effect such that the amount of losses paid or accrued through the statement date may result in a payment to the reinsurer of amounts that, in aggregate and allowing for offset of mutual credits from other reinsurance agreements with the
                same reinsurer, exceed the total direct premium collected under the reinsured policies.
The Company did not write off any uncollectible
                recoverables during 2020, 2019, and 2018.
During the year ended December 31, 2019, the
                Company entered into a new reinsurance agreement that included policies or contracts that were in-force or which had existing reserves established by the Company as of the effective date of the agreement. The agreement resulted in a
                reduction in Policyholder liabilities, life policies, and annuity contracts in the amount of $512 as of December 31, 2019.
57 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(12)    Annuity Actuarial Reserves and Deposit Liabilities by Withdrawal Characteristics
Information regarding the Company's annuity actuarial reserves and
                deposit liabilities by withdrawal characteristics at December 31 is as follows:
2020
Percentage of total
2019
Percentage of total
Subject to
                        discretionary withdrawal:
With
                        market value adjustment
$
43,198
31
%
$
39,602
29
%
At
                        book value less current surrender charges of 5% or more
36,364
26
37,347
28
At
                        market value
21,361
14
22,389
16
Total

                        with adjustment or at market value
100,923
71
99,338
73
At
                        book value without adjustment (minimal or no charge or adjustment)
30,641
22
27,684
21
Not
                        subject to discretionary withdrawal
8,133
6
7,692
6
Total

                        gross
139,697
100
%
134,714
100
%
Reinsurance
                        ceded
2,523
2,578
Total

                        net
$
137,174
$
132,136
Amount included
                        in At book value less current charges of 5% or more that will move to At book value without adjustment in the year after the statement date:
$
6,776
Reconciliation of total annuity actuarial
                        reserves and deposit fund liabilities:
2020
2019
Life, Accident
                        and Health Annual Statement:
Annuities,

                        net (excluding supplementary contracts with life contingencies)
$
95,185
93,752
Supplemental

                        contracts with life contingencies, net
2,091
2,070
Deposit-type

                        contracts
4,749
4,936
Subtotal
102,025
100,758
Separate
                        Accounts Annual Statement:
Annuities,

                        net (excluding supplementary contracts with life contingencies)
35,137
31,348
Supplemental

                        contracts with life contingencies, net
11
30
Subtotal
35,148
31,378
Total

                        annuity actuarial reserves and deposit fund liabilities
$
137,174
132,136
58 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(13)    Life Actuarial Reserves by Withdrawal Characteristics
Information regarding the Company's life actuarial
                reserves by withdrawal characteristics at December 31 is as follows:
2020
General Account
Account value
Cash value
Reserve
Subject to discretionary withdrawal, surrender values, or policy loans:
Universal

                        life
$
845
844
851
Universal

                        life with secondary guarantees
61
54
158
Indexed

                        life
5,458
4,701
4,738
Other
                        permanent cash value life insurance
115
115
115
Variable

                        universal life
3
3
3
Not
                        subject to discretionary withdrawal or no cash values:
Term
                        policies without cash value
XXX
XXX
204
Disability,

                        active lives
XXX
XXX
48
Disability,

                        disabled lives
XXX
XXX
6
Miscellaneous

                        reserves
XXX
XXX
54
Total
                        gross
6,482
5,717
6,177
Reinsurance

                        ceded
645
644
904
Total
                        net
$
5,837
5,073
5,273
2019
General Account
Account value
Cash value
Reserve
Subject

                        to discretionary withdrawal, surrender values, or policy loans:
Universal

                        life
$
875
874
882
Universal life with secondary
                        guarantees
62
54
162
Indexed

                        life
4,496
3,872
3,913
Other permanent cash value
                        life insurance
122
122
122
Variable

                        universal life
3
3
3
Not subject to discretionary
                        withdrawal or no cash values:
Term
                        policies without cash value
XXX
XXX
209
Disability, active lives
XXX
XXX
49
Disability,

                        disabled lives
XXX
XXX
7
Miscellaneous reserves
XXX
XXX
56
Total
                        gross
5,558
4,925
5,401
Reinsurance ceded
671
671
945
Total
                        net
$
4,886
4,254
4,456
The Company does not have any Life
                        policies with guarantees in the separate account.
59 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
2020
Separate
                        Account Nonguaranteed
Account value
Cash value
Reserve
Subject

                        to discretionary withdrawal, surrender values, or policy loans:
Variable

                        universal life
$
19
18
18
Total gross
19
18
18
Reinsurance

                        ceded
—
—
—
Total
                        net
$
19
18
18
2019
Separate
                        Account Nonguaranteed
Account Value
Cash Value
Reserve
Subject to discretionary withdrawal, surrender values, or policy loans:
Variable

                        universal life
$
18
17
17
Total
                        gross
18
17
17
Reinsurance

                        ceded
—
—
—
Total
                        net
$
18
17
17
Reconciliation of total life actuarial
                        reserves:
2020
2019
Life,
                        Accident, and Health Annual Statement:
Life
                        insurance, net
$
5,210
$
4,392
Disability,

                        active lives, net
47
48
Disability,

                        disabled lives, net
1
2
Miscellaneous

                        reserves, net
14
15
Subtotal
5,273
4,456
Separate
                        Accounts Annual Statement:
Life
                        insurance, net
18
17
Subtotal
18
17
Total
                        life actuarial reserves
$
5,291
$
4,473
(14)
Separate Accounts
The Company's separate accounts represent funds
                held for the benefit of contract holders entitled to payments under variable annuity contracts, variable life policies and market value adjusted annuity contracts issued through the Company's separate accounts and underwritten by the
                Company.
Information regarding the Company's separate accounts for the years
                ended December 31 is as follows:
60 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
2020
2019
Indexed
Nonindexed guaranteed reserve interest less than or equal to 4%
Non guaranteed separate accounts
Total
Indexed
Nonindexed guaranteed reserve interest less than or equal to 4%
Non guaranteed separate accounts
Total
Premiums,
                        considerations, or deposits
$
—
—
4,149
4,149
$
—
—
1,277
1,277
Reserves
                        for account, with assets at fair value
21,574
21,574
—
2
22,457
22,459
Reserves
                        for account, with assets at amortized cost
—
—
13,592
13,592
—
—
8,936
8,936
Total
                        reserves
—
—
35,166
35,166
—
2
31,393
31,395
By withdrawal
                        characteristics:
At
                        book value without MV adjustment and with current surrender charge of 5% or more
—
—
12,643
12,643
—
—
8,535
8,535
At
                        fair value
21,535
21,535
—
2
22,427
22,429
At
                        book value without MV adjustment and with current surrender charge of less than 5%
—
—
959
959
—
—
401
401
Subtotal
—
—
35,137
35,137
—
2
31,363
31,365
Not
                        subject to discretionary withdrawal
—
—
29
29
—
—
30
30
Total
$
—
—
35,166
35,166
$
—
2
31,393
31,395
As of December 31, 2020 and 2019, the Company's
                separate accounts included legally insulated assets and non-insulated assets attributed to the following products/transactions:
2020
2019
Product/transaction
Legally insulated
Not legally insulated
Legally insulated
Not legally insulated
Variable Annuities
$
21,602
—
22,607
—
Variable Life
19
—
18
—
Variable
                        Annuities (Non-Unitized Insulated)
998
—
387
—
Variable
                        Annuities (Non-Unitized Non-Insulated)
—
23,244
—
11,586
Variable
                        Annuities (MN MVA)
—
38
—
37
Fixed Annuities
                        (MN MVA)
—
—
—
3
Total
$
22,619
23,282
23,012
11,626
In 2019, the Company transferred approximately $6.7
                billion of assets from the general account to the non-insulated separate account, to align the presentation of assets and liabilities relating to Variable Index Advantage products with the new method required per the state product filings.
The Company's separate account liabilities contain
                guaranteed benefits. The liabilities for guaranteed benefits are supported by the Company's general account assets. To compensate the general account for the risk taken, the separate account paid risk charges of $180, $204, $212, $221, and
                $220 during the past five years, respectively. The general account of the Company paid $19, $16, $5, $0, and $33 towards separate account guarantees during the past five years, respectively.
A reconciliation of net transfers to (from)
                separate accounts for the years ended December 31 is included in the
61 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
following table:
2020
2019
2018
Transfers

                        as reported in the Summary of Operations of the Separate Accounts Annual Statement:
Transfers

                        to separate accounts
$
4,149
1,277
638
Transfers

                        from separate accounts
(2,689)
3,975
(2,649)
Net
                        transfers to (from) separate accounts
1,460
5,252
(2,011)
Reconciling
                        adjustments:
Other

                        adjustments
—
2
2
Transfers as
                        reported in the Statutory Statements of Operations
$
1,460
5,254
(2,009)
(15)
Related-Party Transactions
(a)     Organization Changes
On October 11, 2018, the Company announced the
                decision to sell the Questar Capital and Asset Management representative network to an unaffiliated wealth management firm. The closing date of the sale was March 1, 2019.
The Company legally dissolved and terminated its
                subsidiary, Allianz Annuity Company of Missouri (AAMO), by voluntary action on February 24, 2020. Upon termination, AAMO paid an insignificant dividend to the Company.
On July 1 2020, American Financial Marketing, LLC,
                Ann Arbor Annuity Exchange, LLC, GamePlan Financial Marketing, LLC, and The Annuity Store Financial & Insurance Services, LLC, all of which are wholly owned subsidiaries of TruChoice Financial Group, LLC (TruChoice), which is a wholly
                owned subsidiary of AIIG, which is a wholly owned subsidiary of the Company, merged into TruChoice. TruChoice was the surviving entity.
Allianz Investment Management U.S. LLC, a Minnesota
                limited company was formed on October 11, 2020. Allianz Life is its direct parent.
(b)    Related-Party Invested
                Assets
The Company has an agreement to lend AZOA $39. The
                remaining loan balance was $39 as of December 31, 2020 and 2019 and is included in Other invested assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Repayment of this loan will begin in 2021 and has
                a final maturity date of August 31, 2021. The interest rate is a fixed rate of 1.61%. Interest income earned and accrued had an immaterial impact to the Company during 2020, 2019, and 2018, respectively.
The Company has an investment in a limited
                partnership that is managed by its affiliate Pacific Investment Management Company (PIMCO). The total committed capital for this investment is $85 of which $45 and $9 is unfunded as of December 31, 2020 and 2019, respectively. As of
                December 31, 2020 and 2019, the fair value of the investment is $35 and $47 respectively, and is recorded in Other invested assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
The Company has a seed money investment in exchange
                traded funds that are managed by a related party, AIM. The Company reported a balance of $58 as of December 31, 2020 related to the seed money investment within Stocks on the Statutory Statements of Admitted Assets, Liabilities, and Capital
                and Surplus. There is no additional commitment related to these investments.
On January 22, 2018, the Company formed TruChoice
                Financial Group, LLC (TruChoice), a noninsurance subsidiary. TruChoice is a wholly owned subsidiary of Allianz Individual Insurance Group, LLC (AIIG), and was capitalized through an initial cash contribution of $2 from AIIG. In addition,
                AIIG contributed 100% of the membership interests it held in the following Field Marketing Organizations: American Financial Marketing,
62 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
LLC (AFM), GamePlan Financial Marketing (GamePlan),
                The Annuity Store Financial and Insurance Services, LLC, and Ann Arbor Annuity Exchange, LLC, in exchange for 100% of the membership interest of TruChoice.
(c)
                    Service Fees
The Company incurred fees for services provided by
                affiliated companies of 183, $157, and $129 in 2020, 2019, and 2018, respectively. The Company's liability for these expenses was 37 and $30 at December 31, 2020 and 2019, respectively, and is included in Other liabilities on the Statutory
                Statements of Admitted Assets, Liabilities, and Capital and Surplus. In the normal course of business, the outstanding amount is settled in cash.
The Company earned revenues for various services
                provided to affiliated companies and subsidiaries of $59, $54, and $60 in 2020, 2019, and 2018, respectively. The receivable for these revenues was $6 and $6 for 2020 and 2019, respectively, and is included in Other assets on the Statutory
                Statements of Admitted Assets, Liabilities, and Capital and Surplus. In the normal course of business, the outstanding amount is settled in cash.
The Company has agreements with its affiliates
                PIMCO, Oppenheimer Capital LLC (OpCap), and with certain other related parties whereby (1) specific investment options managed by PIMCO and OpCap are made available through the Company's separate accounts to holders of the Company's
                variable annuity products, and (2) the Company receives compensation for providing administrative and recordkeeping services relating to the investment options managed by PIMCO and OpCap. Income recognized by the Company from these
                affiliates for distribution and in-force related costs as a result of providing investment options to the contractholders was $7, $8, and $10 during 2020, 2019, and 2018, respectively, which is included in Fees from separate accounts on the
                Statutory Statements of Operations. At December 31, 2020 and 2019, $1 and $1, respectively, were included for related receivables of these fees in Other assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and
                Surplus.
The Company has incurred commission expense related
                to the distribution of variable annuity products from Allianz Life Financial Services, LLC (ALFS) in the amount of $320, $285, and $222 for the years ended December 31, 2020, 2019, and 2018, respectively. The Company has an agreement with
                ALFS, whereby interest receivable is assigned to the company and 12b-1 fee receivables are assigned to the Company and AZNY. The Company has also agreed with AZNY to share in reimbursing ALFS for direct and indirect expenses incurred in
                performing services for the Company and AZNY. In the event that assigned receivables exceed expenses, ALFS records a dividend-in-kind to the Company and a loss on the transaction with AZNY. The Company recorded a net (expense) revenue from
                this agreement of $(20), $2, and $10 for the years ended December 31, 2020, 2019, and 2018, respectively.
(d)
                    Dividends to Parent
The Company paid cash dividends to AZOA of $750,
                $325, and $0 in 2020, 2019, and 2018, respectively. Based on the ordinary dividend limitations set forth under Minnesota Insurance Law, the dividends paid in 2020 were considered as extraordinary and dividends paid in 2019 were considered
                ordinary.
(e)
                    Capital Contributions and Dividends with Subsidiaries
During the years ended December 31, the Company
                received dividends from its subsidiaries as follows:
2020
2019
2018
Allianz
                        Investment Management, LLC
$
51
56
60
ALFS
—
2
10
AZL PF
                        Investments, Inc.
50
—
—
Yorktown
—
9
—
$
101
67
70
63 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
During the years ended December 31, the Company
                made capital contributions to subsidiaries as follows:
2020
2019
2018
Yorktown
$
—
1
6
Allianz
                        Investment Management U.S. LLC (AIM US)
1
—
—
InForce Solutions, LLC
(1)
—
—
3
ALFS
20
8
—
$
21
9
9
(1)
InForce Solutions, LLC is a wholly owned subsidiary of AIIG, which is a wholly owned subsidiary of the Company; this capital contribution took the form of
                          intercompany debt forgiveness.
(f)     Reinsurance
The Company wholly-owns AZMO, a Special Purpose
                Life Reinsurance Captive Insurance Company domiciled in Missouri. The Company cedes to AZMO, and AZMO provides reinsurance on a coinsurance basis and modified coinsurance basis, a 100% quota share of the Company's net liability of level
                term life insurance policies and certain universal life insurance policies written directly by the Company. The total premium and associated reserve amounts ceded from the Company to AZMO for the years ended December 31, 2020, 2019, and
                2018 were $3, $6, and $7, respectively. The Company recorded a ceding commission of $1 for 2020, 2019, and 2018, respectively. In addition, the Company recorded a deferred gain of $97 upon execution of the reinsurance agreement in 2009, of
                which $2 was amortized in 2020, 2019, and 2018, respectively, and included in Commissions and expense allowances on reinsurance ceded on the Statutory Statements of Operations.
In 2017, the Company entered into a reinsurance
                agreement with an affiliate, a wholly-owned subsidiary of Allianz SE. The Company ceded on a combined funds withheld coinsurance and modified coinsurance basis, a 60% quota share of the Company's net liability of certain fixed-indexed
                annuity policies written directly by the Company. On May 31, 2018, the Company ceased ceding business to the affiliate and recaptured all previously ceded risks. For the years ended December 31, 2020 and 2019 , the Company did not cede any
                premiums or commissions to the affiliate. The Company ceded premiums of $134 to the affiliate during 2018. Additionally, the Company recorded ceding commissions of $13 included in Commissions and expense allowances on reinsurance ceded on
                the Statutory Statements of Operations during 2018. The Company did not cede any reserves as of December 31, 2020 and 2019 to the affiliate.
The Company has reinsurance recoverables and
                receivables related to reinsurance agreements with affiliated entities. Total affiliated reinsurance recoverables and receivables were $1 and $2 as of December 31, 2020 and 2019, respectively, and are included in Other assets on the
                Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
(g)     Line of Credit Agreement
The Company has a line of credit agreement with its
                subsidiary, AZNY, to provide liquidity, as needed. The Company's lending capacity under the agreement is limited to 5% of the general account admitted assets of AZNY as of the preceding year end. The Company provided $25 to AZNY under the
                terms of this agreement on March 17, 2020. The full amount was repaid on April 15, 2020. There was no outstanding balance under the line of credit agreement as of December 31, 2020 and 2019.
(16)    Employee Benefit Plans
The Company participates in the Allianz Asset
                Accumulation Plan (AAAP), a defined contribution plan sponsored by Allianz of America Corporation (AZOAC). Eligible employees are immediately enrolled in the AAAP on their first day of employment. The AAAP will accept participants' pretax,
                Roth 401(k), and/or after-tax contributions up to 80% of the participants' eligible compensation, although contributions remain subject to annual limitations set by the Internal Revenue Service. The Company matches up to a maximum of 7.5%
                of the employees' eligible compensation. Participants are 100% vested in the Company's matching contribution after three years of service.
64 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
The AAAP administration expenses and the trust
                fund, including trustee fees, investment manager fees, and audit fees, are payable from the trust fund but may, at the Company's discretion, be paid by the Company. All legal fees are paid by the Company. It is the Company's policy to fund
                the AAAP costs as incurred. The Company has expensed $13, $13, and $12 in 2020, 2019, and 2018, respectively, toward the AAAP matching contributions and administration expenses.
A defined group of highly compensated employees is
                eligible to participate in the AZOAC Deferred Compensation Plan. The purpose of the plan is to provide tax planning opportunities, as well as supplemental funds upon retirement. The plan is unfunded, meaning no assets of the Company have
                been segregated or defined to represent the liability for accrued assets under the plan. Employees are 100% vested upon enrollment in the plan for funds they have deferred. Employees' funds are invested on a pay period basis and are
                immediately vested. Participants and the Company share the administrative fee. The accrued liability of $61 and $56 as of December 31, 2020 and 2019, respectively, is recorded in Other liabilities on the Statutory Statements of Admitted
                Assets, Liabilities, and Capital and Surplus.
The Company sponsors a nonqualified deferred
                compensation plan for a defined group of agents. The Company can make discretionary contributions to the plan in the form and manner the Company determines reasonable. Discretionary contributions are currently determined based on
                production. The accrued liability of $66 and $71 as of December 31, 2020 and 2019, respectively, is recorded in Other liabilities on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
The Company participates in a stock-based
                compensation plan sponsored by Allianz SE, which awards certain employees Restricted Stock Units (RSU) that are tied to Allianz SE stock. Allianz SE determines the number of RSU granted to each participant. The Company records expense equal
                to the change in fair value of the units during the reporting period, which includes the Company's estimate of the number of awards expected to be forfeited. A change in value of $5, $10, and $5 was recorded in 2020, 2019, and 2018,
                respectively, and is included in General and administrative expenses on the Statutory Statements of Operations. The related liability of $18 and $18 as of December 31, 2020 and 2019, respectively, is recorded in Other liabilities on the
                Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
(17)
Statutory Capital and Surplus
Statutory accounting practices prescribed or
                permitted by the Company's state of domicile are directed toward insurer solvency and protection of policyholders. As such, the Company is required to meet minimum statutory capital and surplus requirements. The Company's statutory capital
                and surplus as of December 31, 2020 and 2019, were in compliance with these requirements. The maximum amount of ordinary dividends that can be paid by Minnesota insurance companies to the stockholder without prior approval of the Department
                is subject to restrictions relating to statutory earned surplus, also known as unassigned funds. Unassigned funds are determined in accordance with the accounting procedures and practices governing preparation of the statutory annual
                statement. In accordance with Minnesota Statutes, the Company may declare and pay from its Unassigned surplus cash dividends of not more than the greater of 10% of its prior year-end statutory surplus, or the net gain from operations of the
                insurer, not including realized gains, for the 12-month period ending the 31st day of the next preceding year. Based on these limitations, ordinary dividends of $766 can be paid in 2021 without prior approval of the Department.
Regulatory Risk-Based Capital
An insurance enterprise's state of domicile imposes
                minimum risk-based capital requirements that were developed by the NAIC. The formulas for determining the amount of risk-based capital specify various weighting factors that are applied to financial balances or various levels of activity
                based on the perceived degree of risk. Regulatory compliance is determined by a ratio of an enterprise's regulatory total adjusted capital to its authorized control level risk-based capital, as defined by the NAIC. Companies below specific
                trigger points or ratios are classified within certain levels, each of which requires specified corrective action. This ratio for the Company significantly exceeds required minimum thresholds as of December 31, 2020 and 2019.
65 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(18)    Direct Premiums Written by Third-Party Administrators
The Company has direct premiums written by
                third-party administrators (TPAs). The types of business written by the TPAs include life, accidental death and dismemberment, medical, disability, excess risk, and LTC. The authority granted to the TPAs includes claims payment, claims
                adjustment, underwriting, and premium collection. Total premiums written by TPAs were $148, $116, and $99 for 2020, 2019, and 2018, respectively. For the years ended December 31, 2020, 2019, and 2018, there were no individual TPAs that
                wrote premiums that equaled at least 5% of the capital and surplus of the Company.
(19)
Capital Structure
The Company is authorized to issue three types of capital stock, as
                outlined in the table below:
Authorized
Issued and outstanding
Par value, per share
Redemption and liquidation rights
Common stock
40,000,000
20,000,001
$
1.00
None
Preferred stock:
Class A
                        (consisting of Series A and B below)
200,000,000
18,903,484
$
1.00
Designated

                        by Board for each series issued
Class A,
                        Series A
8,909,195
8,909,195
$
1.00
$35.02
                        per share plus an amount to yield a compounded annual return of 6%, after actual dividends paid
Class A,
                        Series B
10,000,000
9,994,289
$
1.00
$35.02
                        per share plus an amount to yield a compounded annual return of 6%, after actual dividends paid
Class B
400,000,000
—
$
1.00
Designated

                        by Board for each series issued
Holders of Class A preferred stock and of common
                stock are entitled to one vote per share with respect to all matters presented to or subject to the vote of shareholders. Holders of Class B preferred stock have no voting rights. All issued and outstanding shares are owned by AZOA. See
                Note 1 for further discussion.
Each share of Class A preferred stock is
                convertible into one share of the Company's common stock. The Company may redeem any or all of the Class A preferred stock at any time. Dividends will be paid to each class of stock only when declared by the BOD. In the event a dividend is
                declared, dividends must be paid to holders of Class A preferred stock, Class B preferred stock, and common stock, each in that order.
As discussed in Note 15 to these Statutory
                Financial Statements, the Company carried out various capital transactions with related parties during 2020, 2019, and 2018.
(20)
Reconciliation to the Annual Statement
The Company is required to file an Annual Statement
                with the Department. As of December 31, 2020 and 2019, there is no difference in admitted assets or liabilities between this report and the Annual Statement. As of December 31, 2020, 2019, and 2018, there is no difference in capital and
                surplus or net income between this report and the Annual Statement.
(21)    Commitments and Contingencies
The Company and its subsidiaries are named as
                defendants in various pending or threatened legal proceedings on an ongoing basis, arising from the conduct of business, including two putative class action proceedings: Sanchez v. Allianz Life Ins. Co. of North America (Superior Court of
                California, L.A. County, BC594715), which has been certified as a class, and Small v. Allianz Life Ins. Co. of North America (United Stated District Court, Central District
66 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
of California, Case No. 2:20-cv-01944-AB (KESx),
                which has not been certified as a class action. The Company generally intends to vigorously contest the lawsuits, but may pursue settlement negotiations in some cases, if appropriate. The outcome of the cases is uncertain at this time, and
                there can be no assurance that such litigation, or any future litigation, will not have a material adverse effect on the Company and/or its subsidiaries. The Company recognizes legal costs as incurred.
The Company is contingently liable for possible
                future assessments under regulatory requirements pertaining to insolvencies and impairments of unaffiliated insurance companies. Provision has been made for assessments currently received and assessments anticipated for known insolvencies.
The financial services industry, variable and fixed
                annuities, life insurance, distribution companies, and broker-dealers, is subject to close scrutiny by regulators, legislators, and the media.
Federal and state regulators, such as state
                insurance departments, state securities departments, the SEC, the Financial Industry Regulatory Authority, the Internal Revenue Service, and other regulatory bodies regularly make inquiries and conduct examinations or investigations
                concerning various selling practices, including suitability reviews, product exchanges, sales to seniors, and compliance with, among other things, insurance and securities law. The Company is, and may become, subject to ongoing market
                conduct examinations and investigations by regulators, which may have a material adverse effect on the Company.
It can be expected that annuity and life product
                designs, management, and sales practices will be an ongoing source of regulatory scrutiny and enforcement actions, litigation, and rulemaking.
These matters could result in legal precedents and
                new industry-wide legislation, rules, and regulations that could significantly affect the financial services industry, including life insurance and annuity companies. It is unclear at this time whether any such litigation or regulatory
                actions will have a material adverse effect on the Company in the future.
Certain guarantees of the Company provide for the
                maintenance of a subsidiary's regulatory capital, surplus levels and liquidity sufficient to meet certain obligations. Those unlimited guarantees are made on behalf of certain wholly owned subsidiaries (AZNY, AZMO, ALFS and Questar Capital
                Corporation, through its parent, Yorktown). These guarantees are not limited and cannot be estimated as of the balance sheet date. From time to time, the Company makes capital contributions to these subsidiaries as needed under the
                guarantees. Capital contributions made during the years ended December 31, 2020, 2019, and 2018 are detailed in Note 15.
The Company had investments in limited partnerships
                that required a commitment of capital of $306 and $217 for the years ended December 31, 2020 and 2019, respectively.
(22)    Subsequent Events
The Company has evaluated subsequent events through
                April 2, 2021, which is the date the Statutory Financial Statements were available to be issued. No material subsequent events have occurred since December 31, 2020 that require adjustment to the Statutory Financial Statements.
In March 2021, the Company paid a cash dividend to
                AZOA of $400.
67 of 67
For Service or More Information
The SEC maintains a website (www.sec.gov). The prospectus, the
            Form N-4 SAI and other information about the Contract are available on the EDGAR database on the SEC's website. Copies of this information may be obtained, upon payment of a duplicating fee, by electronic request at the following email address:
            publicinfo@sec.gov.
Our Service Center
If you need customer service (for Contract changes, information
            on Contract Values, requesting a withdrawal or transfer, changing your allocation instructions, etc.) please contact our Service Center at
(800) 624-0197
.
To send an application, a check for an additional Purchase
            Payment, or for general customer service, please mail to the appropriate address as follows:
Send an application or additional Purchase Payment
with a check:
Send an application or general customer service
without a check:
REGULAR MAIL
REGULAR MAIL
Allianz Life Insurance Company of North America
NW5989
P.O. Box 1450
Minneapolis, MN 55485-5989
Allianz Life Insurance Company of North America
P. O. Box 561
Minneapolis, MN 55440-0561
OVERNIGHT, CERTIFIED, OR REGISTERED MAIL
OVERNIGHT, CERTIFIED, OR REGISTERED MAIL
Allianz Life Insurance Company of North America
NW5989
1801 Parkview Drive
Shoreview, MN 55126
Allianz Life Insurance Company of North America
5701 Golden Hills Drive
Golden Valley, MN 55416-1297
Checks sent to the wrong address for applications or additional Purchase Payments are forwarded to the 1801 Parkview Drive address listed above, which may delay
                    processing.
For general customer service by email, please use this address:
            Contact.Us@allianzlife.com. To send information by email, please use this address: variableannuity@send.allianzlife.com. To send information over the web, please upload to your account on our website at: www.allianzlife.com. If you have
            questions about whether you can submit certain information by email or over the web, please contact our Service Center.
Until May 1, 2022, all dealers that effect transactions in these
            securities may be required to deliver a prospectus.
Allianz Index Advantage Income
®
Variable Annuity Prospectus – April 30, 2021
130
PART II - INFORMATION NOT REQUIRED IN PROSPECTUS
ITEM 13.  OTHER EXPENSES OF ISSUANCE AND DISTRIBUTION.
Securities and Exchange Commission Registration Fee
$   186,874
--------------
Estimated Printing and Filing Costs:
$   30,000
--------------
Estimated Accounting Fees:
$    75,000
---------------
Estimated Legal Fees:
$        N/A
---------------
Estimated Miscellaneous Fees:
$        N/A
---------------
ITEM 14.  INDEMNIFICATION OF OFFICERS AND DIRECTORS.
The Bylaws of the Insurance Company provide:
ARTICLE XI. INDEMNIFICATION OF DIRECTORS, OFFICERS AND EMPLOYEES
SECTION 1. RIGHT TO INDEMNIFICATION:
(a)
Subject to the conditions of this Article and any conditions or limitations imposed by applicable law, the Corporation shall indemnify any employee, director or officer of the
              Corporation (an "Indemnified Person") who was, is, or in the sole opinion of the Corporation, may reasonably become a party to or otherwise involved in any Proceeding by reason of the fact that such Indemnified Person is or was:
(i)
a director of the Corporation; or
(ii)
acting in the course and scope of his or her duties as an officer or employee of the Corporation; or
(iii)
rendering Professional Services at the request of and for the benefit of the Corporation; or
(iv)
serving at the request of the Corporation as an officer, director, fiduciary or member of another corporation, association, committee, partnership, joint venture, trust, employee
              benefit plan or other enterprise (an "Outside Organization").
(b)
Notwithstanding the foregoing, no officer, director or employee shall be indemnified pursuant to these bylaws under the following circumstances:
(i)
in connection with a Proceeding initiated by such person, in his or her own personal capacity, unless such initiation was authorized by the Board of Directors;
(ii)
if a court of competent jurisdiction finally determines that any indemnification hereunder is unlawful;
(iii)
for acts or omissions involving intentional misconduct or knowing and culpable violation of law;
(iv)
for acts or omissions that the Indemnified Person believes to be contrary to the best interests of the Corporation or its shareholders or that involve the absence of good faith on the
              part of the Indemnified Person;
(v)
for any transaction for which the Indemnified Person derived an improper personal benefit;
(vi)
for acts or omissions that show a reckless disregard for the Indemnified Person's duty to the Corporation or its shareholders in circumstances in which the Indemnified Person was
              aware or should have been aware, in the ordinary course of performing the Indemnified Person's duties, of the risk of serious injury to the Corporation or its shareholders;
(vii)
for acts or omissions that constitute an unexcused pattern of inattention that amounts to an abdication of the Indemnified Person's duties to the Corporation or its shareholders;
(viii)
in circumstances where indemnification is prohibited by applicable law;
(ix)
in the case of service as an officer, director, fiduciary or member of an Outside Organization, where the Indemnified Person was aware or should have been aware that the conduct in
              question was outside the scope of the assignment as contemplated by the Corporation.
SECTION 2. SCOPE OF INDEMNIFICATION:
(a)
Indemnification provided pursuant to Section 1(a)(iv) shall be secondary and subordinate to indemnification or insurance provided to an Indemnified Person by an Outside Organization
              or other source, if any.
(b)
Indemnification shall apply to all reasonable expenses, liability and losses, actually incurred or suffered by an Indemnified Person in connection with a Proceeding, including without
              limitation, attorneys' fees and any expenses of establishing a right to indemnification or advancement under this article, judgments, fines, ERISA excise taxes or penalties, amounts paid or to be paid in settlement and all interest,
              assessments and other charges paid or payable in connection with or in respect of such expense, liability and loss.
(c)
Such indemnification shall continue as to any Indemnified Person who has ceased to be an employee, director or officer of the Corporation and shall inure to the benefit of his or her
              heirs, estate, executors and administrators.
SECTION 3. DEFINITIONS:
(a)
"Corporation" for the purpose of Article XI shall mean Allianz Life Insurance Company of North America and all of its subsidiaries.
(b)
"Proceeding" shall mean any threatened, pending, or completed action, suit or proceeding whether civil, criminal, administrative, investigative or otherwise, including actions by or
              in the right of the Corporation to procure a judgment in its favor.
(c)
"Professional Services" shall mean services rendered pursuant to (i) a professional actuarial designation, (ii) a license to engage in the practice of law issued by a State Bar
              Institution or (iii) a Certified Public Accountant designation issued by the American Institute of Certified Public Accountants.
Insofar as indemnification for liability arising under the Securities Act of 1933 may be permitted for directors and officers or controlling persons of the Insurance Company pursuant
              to the foregoing, or otherwise, the Insurance Company has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and, therefore, unenforceable. In the
              event that a claim for indemnification against such liabilities (other than the payment by the Insurance Company of expenses incurred or paid by a director, officer or controlling person of the Insurance Company in the successful defense of
              any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Company will, unless in the opinion of its counsel the matter has been settled by controlling
              precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.
ITEM 15.   RECENT SALES OF UNREGISTERED SECURITIES.
NOT APPLICABLE.
ITEM 16.   EXHIBITS AND FINANCIAL STATEMENT SCHEDULES.
(a) Exhibits.
1.(a)
Principal Underwriter Agreement
by and between North American Life and Casualty Company on behalf
              of NALAC Financial Plans, Inc. dated September 14, 1988 incorporated by reference as exhibit EX-99.B3.a. from Pre-Effective Amendment No.1 to Form N-4 (File Nos. 333-06709 and 811-05618), electronically filed on December 13, 1996. (North
              American Life and Casualty Company is the predecessor to Allianz Life Insurance Company of North America. NALAC Financial Plans, Inc., is the predecessor to USAllianz Investor Services, LLC, which is the predecessor to Allianz Life Financial
              Services, LLC.)
(b)
Broker-Dealer Agreement
(amended and restated) between Allianz Life Insurance Company of
              North America and Allianz Life Financial Services, LLC, dated June 1, 2010 incorporated by reference as exhibit EX-99B3b. from Pre-Effective Amendment No. 1 to Form N-4 (File Nos. 333-166408 and 811-05618), electronically filed on September
              24, 2010.
(c)
The current specimen of the
selling agreement
between Allianz Life Financial Services,
              LLC, the principal underwriter for the Contracts, and retail brokers which offer and sell the Contracts to the public is incorporated by reference as exhibit EX-99.B3.b. from the initial filing on Form N-4 (File Nos. 333-134267 and
              811-05618), electronically filed on May 19, 2006.The underwriter has executed versions of the agreement with approximately 2,100 retail brokers.
2.
Not applicable
3. (a)
Articles of Incorporation
, as amended and restated August 1, 2006, of Allianz Life Insurance
              Company of North    America, filed on January 3, 2013 as Exhibit 3(a) to Registrant's initial registration on Form S-1 (File No. 333-185864), is incorporated by reference.
(b)
Bylaws, as amended and restated August 1, 2006
, of Allianz Life Insurance Company of North
              America, filed on January 3, 2013 as Exhibit 3(b) to Registrant's initial registration on Form S-1 (File No. 333-185864), is incorporated by reference.
4.(a)(i)
Individual Variable Annuity Contract, L40538-IAI
,
              incorporated by reference as Exhibit 4(a) from Pre-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-222817), electronically filed on May 7, 2018.
(ii)
Eligible Person Contract Amendment
,
              USA-2034, incorporated by reference as Exhibit 4(a)(ii) to Registrant's initial registration on Form S-1 (File No. 333-230901), filed on April 16, 2019.
(b)(i)
Contract Schedule Pages, S40875-IAI (Base), and S40877-IAI (Index
                Options)
, incorporated by reference as Exhibit 4(b) from Pre-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-222817), electronically filed on May 7, 2018.
(ii)
Index Options Contract Schedule Page
,
              S40877-IAI-04, incorporated by reference as Exhibit 4(b)(ii) from Post-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-237628), electronically filed on December 10, 2020.
(iii)
Index Options Contract Schedule Addendum
,
              S40877-IAI-ADD-02, incorporated by reference as Exhibit 4(b)(iii) from Post-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-237628), electronically filed on December 10, 2020.
(c)
Application for Individual Variable Annuity Contract
–
              IAI-APP-02-0419, incorporated by reference as Exhibit 4(c) to Registrant's initial registration on Form S-1 (File No. 333-230901), filed on April 16, 2019.
(d)(i)
Index Performance Strategy Crediting
                Rider-S40878-02-IAI
, incorporated by reference as Exhibit 4(d) from Pre-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-222817), electronically filed on May 7, 2018.
(ii)
Index Performance Strategy Rider III
– S40904,
              incorporated by reference as Exhibit 4(d)(ii) from Post-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-237628), electronically filed on December 10, 2020.
(iii)
Inforce Index Performance Strategy Rider III
–
              S40904-IAI-INFORCE, incorporated by reference as Exhibit 4(d)(iii) from Post-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-237628), electronically filed on December 10, 2020.
(e)
Index Protection Strategy Crediting
                Riders-S40879-IAI and S40899-IAI
, incorporated by reference as Exhibit 4(e) from Pre-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-222817), electronically filed on May 7, 2018.
(f)
Index Guard Strategy Crediting
                Rider-S40889-01-IAI
, incorporated by reference as Exhibit 4(f) from Pre-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-222817), electronically filed on May 7, 2018.
(g)
Index Precision Strategy Crediting Rider,
                S40891-IAI
, incorporated by reference as Exhibit 4(g) from Pre-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-222817), electronically filed on May 7, 2018.
(h)(i)
Income Benefit Rider, S40901-IAI, and
                schedule page, S40902-IAI
, incorporated by reference as Exhibit 4(h) from Pre-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-222817), electronically filed on May 7, 2018.
(ii)
Income Benefit Rider S40901-01-IAI
                and Income Benefit Rider Amendment, LE40901-IAI
, incorporated by reference as Exhibit 4(h)(ii) to Registrant's initial registration on Form S-1 (File No. 333-230901), filed on April 16, 2019.
(iii)
I
ncome Benefit Rider Amendment, LE40901-GUAR
, incorporated by reference as Exhibit 4(h)(ii) to Registrant's initial registration on Form S-1 (File
                No. 333-230901), filed on April 16, 2019.
(i)
Traditional Death Benefit Rider-S40880
incorporated
              by reference as Exhibit 4(f) from Pre-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-185864), electronically filed on April 17, 2013.
(j)
Maximum Anniversary Death Benefit Rider-
                S40897-IAI and S40898-IAI
, incorporated by reference as Exhibit 4(j) from Pre-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-222817), electronically filed on May 7, 2018.
(k)
I
nherited IRA/Roth IRA Endorsement-S40713
incorporated by reference as
              exhibit EX-99.B4.q. from Pre-Effective Amendment No. 1 to Registrant's Form N-4 (File Nos. 333-134267 and 811-05618), electronically filed on September 25, 2006.
(l)
Roth IRA Endorsement-S40342
incorporated by
              reference as exhibit EX-99.B4.l. from Pre-Effective Amendment No. 1 to Registrant's Form N-4 (File Nos. 333-134267 and 811-05618), electronically filed on September 25, 2006.
(m)
IRA Endorsement-S40014
incorporated
              by reference as exhibit EX-99.B4.g. from Pre-Effective Amendment No.1 to Registrant's Form N-4 (File Nos. 333-82329 and 811-05618), electronically filed on December 30, 1999.
(n)
Unisex Endorsement-(S20146)
incorporated by reference as exhibit EX-99.B4.h. from Pre-Effective Amendment No.1 to Registrant's Form N-4 (File Nos. 333-82329 and 811-05618), electronically filed on December 30, 1999.
5.
Opinion re Legality - not applicable
8.
Opinion re Tax Matters - not applicable
9.
Not applicable
10.
Material Contracts – not applicable
11.
Not applicable
12.
Not applicable
15.
Not applicable
16.
Not applicable
21.
Not applicable.
23.
(a)*
Consent of Independent Registered Public Accounting Firm
, filed herewith.
(b)*
Consent of Counsel
, filed herewith.
24.
(a)
Board Resolution, effective December 11, 2012
, of the Board of Directors of
                Allianz Life Insurance Company of North America, filed on January 3, 2013 as Exhibit 24(b) to Registrant's initial registration on Form S-1 (File No. 333-185864), is incorporated by reference.
(b)
Form of Board Resolution of the
        Board of Directors of Allianz Life Insurance Company of North America,
effective April 14, 2014, filed on April 14, 2014 as Exhibit 24(d) to Registrant's Post-Effective Amendment No. 2 to Form S-1 (File No. 333-185864), is incorporated by
      reference.
(c)*
Powers of Attorney,
filed herewith
25.
Not applicable
26.
Not applicable
99.
(a)
Alternative Minimum Value Exhibit
- IXA-032 (05/2020), filed on April 9, 2020
                as Exhibit 99(a) to Registrant's Initial Registration on Form S-1 (File No. 333-237628), is incorporated by reference.
(b)*
Appendix B Exhibit – Daily Adjustment Calculation
- IXA-010b (05/2021), filed
              herewith.
(c)
Transition Representation Letter
- Independent Registered Public Accounting Firm, pursuant to S-K,
              item 304, incorporated by reference as Exhibit 4(j) from Pre-Effective Amendment No. 1 to Registrant's Form S-1 (File No. 333-222817), electronically filed on May 7, 2018.
*  Filed herewith
** To be filed by amendment
(b) Financial Statement Schedules
All required financial statement schedules of Allianz Life Insurance Company of North America are included in Part I of this
      registration statement.
ITEM 17.   UNDERTAKINGS.
The undersigned registrant hereby undertakes pursuant to Item 512 of Regulation S-K:
(1)
To file, during any period in which offers or sales are being made, a  post-effective amendment to this registration statement:
(i)
To include any prospectus required by section 10(a)(3) of the Securities Act of 1933;
(ii)
To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment
              thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total
              dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to
              Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table  in the effective registration statement.
(iii)
To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such
              information in the registration statement.
(2)
That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be
              a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(3)
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the
              termination of the offering.
(4)
That, for the purpose of determining liability under the Securities Act of 1933 to any purchaser, each prospectus filed pursuant to Rule
              424(b) as part of a registration statement relating to an offering, other than registration statements relying on Rule 430B or other than prospectuses filed in reliance on Rule 430A, shall be deemed to be part of and included in the
              registration statement as of the date it is first used after effectiveness. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or
              deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such first use, supersede or modify any statement that
              was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such date of first use.
(5)
That, for the purpose of determining liability of the registrant under the Securities Act of 1933 to any purchaser in the initial distribution
              of the securities: The undersigned registrant undertakes that in a primary offering of securities of the undersigned registrant pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the
              purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned registrant will be a seller to the purchaser and will be considered to offer or sell such securities to such
              purchaser:
(i)
Any preliminary prospectus or prospectus of the undersigned registrant relating to the offering required to be filed pursuant to Rule 424;
(ii)
Any free writing prospectus relating to the offering prepared by or on behalf of the undersigned registrant or used or referred to by the
              undersigned registrant;
(iii)
The portion of any other free writing prospectus relating to the offering containing material information about the undersigned registrant or
              its securities provided by or on behalf of the undersigned registrant; and
(iv)
Any other communication that is an offer in the offering made by the undersigned registrant to the purchaser.
(6)
Insofar as indemnification for liability arising under the Securities Act of 1933 may be permitted to directors, officers and controlling
              persons of the Registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that, in the opinion of the Securities and Exchange Commission, such indemnification is against public policy as expressed in the
              Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant
              in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter
              has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such
              issue.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this registration statement to be signed on its behalf by
      the undersigned, thereunto duly authorized, in the City of Minneapolis, State of Minnesota, on this 16th of April, 2021.
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
By:
/S/ Walter R. White*
Walter R. White
Chief Executive Officer, President, and Director
Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities
      indicated on April 16
, 2021.
Signature*
Title
Jacqueline Hunt
(1)
Director and Chairman of the Board
Walter R. White
(1)
Director, President & Chief Executive Officer
Howard E. Woolley
(1)
Director
Udo Frank
(1)
Director
William E. Gaumond
(1)
Director, Senior Vice President, Chief Financial Officer and Treasurer
(principal accounting officer)
Kevin E. Walker
(1)
Director
Anna Sophie Herken
(1)
Director
(1)
By Power of Attorney, filed as Exhibit 24(c) to this Registration Statement.
BY
: /s/ Stewart D. Gregg
Stewart D. Gregg, Senior Counsel
FORM S-1
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
INDEX TO EXHIBITS
Exhibit
Description of Exhibit
23(a)
Consent of Independent Registered Public Accounting Firm
23(b)
Consent of Counsel
24(c)
Powers of Attorney
99(b)
Appendix B Exhibit – Daily Adjustment Calculation - IXA-010b (05/2021)